The Financial Services Agency (FSA) of Japan has given its official backing to a pilot program involving major banks for the issuance of yen-pegged stablecoins. This initiative, set […]
USDC Overtakes Tether: Circle’s Stablecoin Becomes Crypto’s Interoperable Backbone
Circle’s USD Coin (USDC) has officially surpassed Tether’s USDT as the leading stablecoin in the market, according to recent data from Galaxy Research. USDC experienced a staggering 129% […]
Binance Leads Stablecoin Inflows, Driving Ethereum Gains
Data reveals a significant influx of stablecoins into Binance, with the exchange absorbing nearly 90% of new deposits in a seven-day period. This surge has coincided with increased […]
Aptos Stablecoin Market Soars as Network Usage Explodes
The Aptos stablecoin market has hit record highs, exceeding $1.8 billion in value, driven by a surge in network adoption and integration with various DeFi platforms. This growth […]
Tron Breaks Records as Stablecoin Adoption Fuels Network Growth
The Tron blockchain is experiencing unprecedented activity, exceeding 5.7 million active addresses last week, a record high for the network’s history. This surge in user engagement is largely […]
Elixir Halts deUSD Support Amidst DeFi Meltdown
Following a devastating $93 million loss by Stream Finance, Elixir has suspended support for its synthetic stablecoin, deUSD. This move comes as the DeFi space grapples with significant […]
FSA Backs Japan’s Major Banks in Stablecoin Trial
Japan’s Financial Services Agency (FSA) has endorsed a stablecoin initiative by three major banks: MUFG, SMBC, and Mizuho, set to begin testing in November 2025. The program will […]
TradFi Banks Ramp Up Stablecoin Development
Major financial institutions are rapidly entering the stablecoin market as regulatory uncertainties decrease. Payment companies like PayPal, Mastercard, and Visa are launching stablecoins, integrating them into payment systems, […]
Japan’s Financial Services Agency Supports Pilot Program of Bank-Issued Stablecoins
The Financial Services Agency (FSA) of Japan has provided official support to a joint pilot program involving three major Japanese banks: Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial […]
Elixir Stablecoin Implodes Following Stream Finance’s $93M Loss
The synthetic stablecoin deUSD issued by Elixir has been suspended following a severe liquidity crisis triggered by the collapse of Stream Finance. Stream, which reported a staggering $93 […]
Japan’s FSA Supports Stablecoin Pilot, Encouraging Modernized Payment Systems
Japan’s Financial Services Agency (FSA) has given its official backing to a new stablecoin pilot project involving major banks. The initiative aims to explore the use of stablecoins […]
Japan’s Big Banks Launch Stablecoin Pilot with FSA Backing
Leading Japanese banks, Mizuho, MUFG, and SMBC have partnered with the Financial Services Agency (FSA) to launch a pilot program for yen-backed stablecoins. The project is slated to […]
Japan FSA Launches Major Stablecoin Pilot Project with Major Banks
The Japan Financial Services Agency (FSA) has approved a pilot program for stablecoins to be issued by major banks. The initiative, part of the Payment Innovation Project (PIP), […]
Japan’s FSA Endorses Joint Stablecoin Initiative by Top Banks
The Financial Services Agency (FSA) of Japan has given the green light to a project by the nation’s largest banks to jointly issue yen-backed stablecoins. This initiative, known […]
Circle Calls for Clear Stablecoin Rules Under GENIUS Act
Cryptocurrency firm Circle has urged the U.S. Treasury Department to establish clear and uniform regulations for payment stablecoins under the newly enacted Guiding and Establishing National Innovation for […]