Citigroup is expanding its digital asset offerings, focusing on custody solutions for stablecoins and crypto ETFs as part of its broader blockchain strategy. The U.S. banking giant aims […]
River Unveils Chain-Abstraction Stablecoin System for Seamless Multi-Chain DeFi
River introduces a revolutionary stablecoin system that eliminates the need for bridges or wrapping when transferring assets across chains. Their innovative approach, called chain abstraction, empowers users to […]
Stablecoin Issuance Soars to $9.5 Billion in a Month, Driving Crypto Market Growth
The cryptocurrency landscape witnessed a significant surge in stablecoin issuance during the past month, reaching a staggering $9.5 billion. This increase highlights a shift within the digital finance […]
1 Billion USDT Issued: Fueling Crypto Market Liquidity and Speculation
Tether, the company behind the stablecoin USDT, recently issued 1 billion USDT tokens. This action has ignited conversations within the crypto market, with analysts examining its potential impact […]
Citigroup Eyes Crypto Custody & Stablecoin Market as Industry Explodes
Citigroup, the financial giant with a $2.5 trillion asset base, is preparing to enter the expanding crypto custody and stablecoin market. The bank is exploring two key avenues […]
Citigroup Weighs Crypto Custody Services Amid Regulatory Shifts
Citigroup Inc., a prominent U.S. bank with over $1 trillion in assets under management, is considering introducing crypto custody services for its customers. A top executive revealed that […]
Gold-Backed vs. USD-Backed Stablecoins: A Guide to Navigating the Crypto Economy
Stablecoins have become a vital tool in navigating the complexities of the crypto world, offering price stability amidst volatility. Two prominent types stand out: gold-backed and USD-backed. Understanding […]
US Sanctions Crypto Network Tied to Ruble-Backed Stablecoin
The U.S. Treasury has imposed sanctions on a cryptocurrency network associated with Russia’s ruble-backed stablecoin A7A5, targeting the exchange Garantex which was shut down in March 2025 and […]
Binance Sees $1.82 Billion Stablecoin Flow: Signals Potential Crypto Rally?
Binance recently recorded a massive influx of $1.82 billion in stablecoins, marking one of its largest single-day inflows in recent months. This surge suggests institutional traders are gearing […]
Circle Issues $750 Million USDC on Solana, Driving Stablecoin Liquidity Growth
Circle has minted a significant amount of USDC on the Solana blockchain, boosting stablecoin liquidity. The company’s move comes alongside a public stock sale filing and a strong […]
MetaMask Unveils New Stablecoin This Week: A Gateway to Financial Services
MetaMask is set to enter the competitive stablecoin market by launching its own U.S. dollar-pegged token, mUSD. Scheduled for release as early as Thursday and a full rollout […]
USD1 Stablecoin Soars Past $2 Billion in Market Cap, Driven by Loyalty Program and Strategic Partnerships
WLFI’s USD1 stablecoin has experienced meteoric growth, reaching a market capitalization of $2.2 billion in less than three months. This rapid rise is attributed to the launch of […]
Circle Prepares for Financial Blow Amidst Rate Cut Pressure
Circle, the issuer of the popular USDC stablecoin, is facing a potential revenue hit due to the anticipated 100 basis point (1%) rate cut by the U.S. Federal […]
MetaMask’s New Stablecoin, mUSD, Set to Launch
MetaMask is poised to launch its own stablecoin, mUSD, marking a significant expansion of its presence in the Ethereum ecosystem. A recently surfaced governance proposal hinted at this […]
Circle & Stripe Launch Own Chains: Will Ethereum Face Competition?
In a move that shakes the cryptocurrency world, Circle and Stripe have unveiled plans for their own blockchain networks specifically designed for stablecoins. This development raises questions about […]