A bipartisan push to revive the GENIUS Act, a crucial stablecoin bill gaining support from major players in the crypto industry, is accelerating in the U.S. Senate. The […]
Stablecoin Risks to Bank Deposits: Federal Reserve Raises Concerns
The Federal Reserve’s Community Depository Institutions Advisory Committee (CDIAC) has issued a warning regarding the potential impact of stablecoins on traditional banking. The CDIAC expressed concerns that non-bank […]
Sky Inc. Suffers $5 Million Loss Due to Interest Hikes for Stablecoin Adoption
Sky Inc., a cryptocurrency company, posted a $5 million loss in Q1 2025 driven by rising interest payments related to their newly launched stablecoin, Sky Dollar (USDS). This […]
Federal Reserve Raises Concerns About Stablecoin Impact on Banks
The Federal Reserve’s Community Depository Institutions Advisory Council (CDIAC) has voiced concerns regarding the impact of stablecoins issued by non-bank entities, according to recent meeting records released on […]
Wyoming Leads with Stablecoin: First US Public Entity Aims for Launch
Wyoming, known for its pioneering stance on cryptocurrency regulation, is taking a major leap forward in the world of digital assets by launching its own stablecoin. This state-issued […]
Wyoming Launches First State-Backed Stablecoin: WYST
Wyoming is set to become a pioneer in the cryptocurrency market by launching its first state-backed stablecoin, WYST, in July 2025. This groundbreaking initiative marks a significant step […]
Tron Surpasses Ethereum in USDT Supply as Stablecoins Gain Mainstream Traction
Tron has overtaken Ethereum in the amount of USDT circulating on its network, marking a significant shift in stablecoin dominance and liquidity flow. This development comes as stablecoins […]
Meta Taps Stellar Veteran to Drive Stablecoin Wallet Development
Meta has brought in Ginger Baker, a veteran from the Stellar development team, to lead its stablecoin wallet projects. This move signals Meta’s dedication to enhancing its payment […]
Tether Launches Gold-Backed Stablecoin in Thailand, Catering to Inflation Concerns
Tether has introduced its gold-backed stablecoin XAUT to Thai users via Maxbit, a local cryptocurrency exchange. This listing marks the first time this platform offers access to the […]
Tron Takes the Lead: USDT Supply Surpasses Ethereum’s in Stablecoin Race
Tron has officially overtaken Ethereum in total circulating USDT supply, marking a significant shift within the stablecoin market. According to CryptoQuant contributor Maartunn, on May 12th, Tron’s (TRX) […]
Dubai Embraces Crypto Payments for Government Services
Dubai is taking a bold step forward in embracing cryptocurrency, partnering with Crypto.com to enable payment of government services using digital assets. This initiative aims to transition 90% […]
Meta Considers Stablecoin Payments for International Creators
Meta is exploring the use of stablecoins to streamline payments for international creators, aiming to lower transaction costs and improve efficiency in global financial flows. This initiative is […]
Meta Revives Crypto Efforts with Stablecoin Push
Meta Platforms has re-entered the cryptocurrency space, proposing a stablecoin payment solution as it seeks to capitalize on renewed market opportunities. Despite regulatory challenges associated with stablecoins, Meta’s […]
Bitcoin Nears $94K: Stablecoin Liquidity Concerns Limit Price Surge
Bitcoin’s price surged towards $94,000 in May 2025, driven by bullish sentiment. However, concerns about stablecoin liquidity are hindering further growth and potentially limiting Bitcoin’s potential to reach […]
Global Dollar Network Expands with 19 New Members, Boosts Stablecoin Adoption
The Global Dollar Network (USDG) has experienced significant expansion by welcoming 19 new organizations to its ranks, propelling the stablecoin’s presence and utility into new territories. This strategic […]