In a strategic move, Ripple has implemented a unique approach with its RLUSD stablecoin. On April 23rd, the company adjusted the supply of RLUSD tokens by burning 12 […]
Synthetix’s sUSD Depeg: A Manual Intervention Effort
Synthetix’s stablecoin, sUSD, experienced a sharp depegging event in April 2025 following the implementation of SIP-420. While this update aimed to streamline the system and reduce risk, it […]
Circle Refutes Banking License Rumours, Focuses On Stablecoins
Dante Disparte, Circle’s Chief Strategy Officer, has clarified the company’s stance regarding banking licenses. Disparte explicitly stated that Circle has no plans to become a bank or any […]
Stripe Launches Stablecoin Payments Following Bridge Acquisition
Stripe’s foray into stablecoin payments is fueled by its recent acquisition of the Bridge platform for $1.1 billion. This move marks a significant step in the company’s efforts […]
Circle Clarifies Stablecoin Regulatory Plans: No Federal Bank Charter Pursuit
Crypto platform Circle has clarified its stance on regulatory compliance for stablecoins, denying any pursuit of a U.S. federal bank charter. Instead, the company will focus on adapting […]
Stripe Launches Stablecoin Payment Services After Acquiring Bridge
Stripe has launched its stablecoin payment product after acquiring Bridge, a firm specializing in stablecoin services, for $1.1 billion in October 2024. Stripe CEO Patrick Collison revealed that […]
Stripe Launches New Stablecoin for Global Payments
Stripe, a leading global payments company, is expanding its reach into the world of stablecoins with the development of a new USD-based product designed for businesses outside the […]
Stablecoin Market Set to Reach Trillion-Dollar by 2030
Major payment companies are integrating stablecoins into their digital infrastructure, driving the market towards a potential trillion-dollar valuation by 2030. This expansion is fueled by increasing institutional interest […]
Ripple USD (RLUSD) Sees Rapid Growth on Aave, Reaching $76 Million in Deposits
Aave’s V3 Ethereum Core market has seen impressive growth for Ripple USD (RLUSD), with users depositing a total of $76 million worth of the stablecoin within just four […]
Stripe Enters Stablecoin Market with New Product Leveraging Bridge Infrastructure
Stripe, a prominent player in financial technology and payments, is launching its first stablecoin product. The company, known for integrating crypto payments, has been developing this project for […]
PayPal & Coinbase Slash Fees for PYUSD Transactions, Driving Adoption
PayPal and Coinbase have taken a major step in accelerating the adoption of PayPal USD (PYUSD), slashing fees for transactions on their platform starting April 24th, 2025. This […]
Circle Rejects Interest in US Federal Bank Charter
Stablecoin issuer Circle has refuted reports suggesting it’s pursuing a US federal bank charter, according to statements from its chief strategy officer, Dante Disparte. Disparte clarified that Circle […]
Stripe Launches Stablecoin-Focused Product: A Strategic Shift in Fintech
Stripe is poised to disrupt the payments industry with its launch of a new stablecoin-centric financial product, marking a strategic shift towards embracing digital assets. The product, unveiled […]
Citigroup Predicts ‘ChatGPT Moment’ For Blockchain in 2025
Financial giant Citigroup suggests that blockchain technology could see a major breakthrough in 2025, similar to the impact ChatGPT had on AI. Their analysis points towards favorable regulatory […]
Citigroup Predicts Stablecoin Growth to Hit $3.7 Trillion by 2030
Citigroup highlights a significant potential impact from regulatory approvals. They suggest that a U.S. regulatory framework for stablecoins could create new demand for US Treasury securities and position […]