Stablecoin News

Elliptic Releases New Due Diligence Tool Seeks To Curb Criminal Use Of Stablecoins

Elliptic, a blockchain analytics firm, has launched a new Stablecoin Issuer Due Diligence tool aimed at stablecoin issuers, banks and other financial firms worldwide....

Stripe And Paradigm Reveal Tempo, A Blockchain For High-Speed Stablecoin Payments

Stripe and crypto investor Paradigm unveiled Tempo, a new blockchain project designed for stablecoin payments, on Thursday. The effort originated within Stripe and aims to...

Hong Kong Police Arrest 3 Suspects Amid a Stablecoin Fraud Case Involving Safe Deposit Boxes Worth $384K

Hong Kong police have solved a major stablecoin-related fraud case that involved safe deposit boxes and virtual currency trading.  According to Hong Kong Wen Wei...

Crypto Wallet MetaMask Officially Launches Its mUSD Stablecoin

MetaMask, the widely used crypto wallet built by Consensys, announced on Thursday that it is launching its own stablecoin called MetaMask USD (mUSD).  The coin...

Trump Family WLFI Project Mints 9% of USD1 Supply Worth $205M Driving Stablecoin Supply To Record Highs

World Liberty Financial (WLFI), a decentralized finance project owned by the Trump family, has minted a whopping $205 million USD1 stablecoin.  The minting was revealed...

China Considers Letting Yuan-Backed Stablecoins Into Use To Boost Global Yuan Adoption

China will review a plan later this month that could allow yuan-backed stablecoins for the first time, sources told Reuters’ reporters, published earlier today,...

Wyoming Launches Frontier ($FRNT) Stablecoin, Becomes First State-Owned U.S Stablecoin

Wyoming has officially launched its own stablecoin, Frontier ($FRNT), marking a historic first in the United States as the first state in the U.S....

Trump Family Backed USD1 Stablecoin has officially launched on JustLend

The Trump family–backed USD1 stablecoin has had its official launch on JustLend DAO and now continues to build out its rapid integration across DeFi. The...

Tether Appoints Former Trump Crypto Adviser Bo Hines To Lead U.S. Operations

Tether, the world’s largest stablecoin issuer, has appointed former White House crypto adviser Hines to run its U.S. operations. Hines left the Trump administration...

South Korea’s FSC To Unveil Regulatory Framework For Won-Denominated Stablecoins This October

The Financial Services Commission of South Korea will present a bill on won-backed stablecoins in October in Seoul. The move comes as the government...
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Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

A major US Bitcoin miner, Greenidge Generation Holdings, reported...

China’s Social Media Platforms And Marketplaces Get Flooded With Crypto Recruitment Links That Target Young Users

Social platforms popular with younger users, including Xiaohongshu, Taobao,...

Terminal Finance Discontinues Terminal Project After Converge Chain Fails To Launch

Terminal Finance said on X(Twitter) it won't be launching...

Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

A group of clients has sued Kalshi Inc., alleging...