A recent, massive transfer of 339.175 million USDC from Binance has sent ripples through the cryptocurrency community. This transaction, flagged by Whale Alert, involved a substantial sum moving […]
Paxos Reverses Course: Focuses on Stablecoin Compliance Instead of Full Banking License
Blockchain infrastructure firm Paxos has shifted its strategy, abandoning plans to obtain a full banking license in the United States. Instead, Paxos will focus on adhering to the […]
GENIUS Act Might Trigger Shift in Stablecoin Usage, Fueling Tokenization Demand
A key provision of the US GENIUS Act, banning interest-bearing stablecoins, might inadvertently accelerate the adoption of tokenized financial assets. While the ban aims to curb yield-earning potential […]
Ant Group Denies Rumors of Rare Earth-Backed Stablecoin Project
Rumors circulating online suggesting a joint venture between China Rare Earth Group, Ant Group, and the People’s Bank of China (PBoC) to develop a rare earth-backed RMB stablecoin […]
Bullish Cryptocurrency IPO Raises $4.8 Billion, Driven by Stablecoin Expansion
Crypto exchange Bullish is increasing its IPO valuation to reach $4.8 billion after expanding the offering size. The company, which owns crypto media outlet CoinDesk, plans to sell […]
Paxos Seeks National Trust Bank Status to Enhance Regulatory Compliance
Stablecoin issuer Paxos has filed for a national trust bank charter with the U.S. Office of the Comptroller of Currency (OCC), joining Ripple and Circle in seeking federal […]
Paxos Seeks Trust Bank License to Broaden Financial Services
Paxos, a company known for its work on stablecoins and blockchain infrastructure, has announced its intention to obtain a trust bank license in the United States. This move […]
Stablecoin Market Hits Record High of $270 Billion
The stablecoin market is experiencing unprecedented growth, shattering previous records and propelling its capitalization to a staggering $270.3 billion. This surge in adoption fuels speculation about the potential […]
South Korea Fuels Stablecoin Frenzy; CRCL and ENA Surge
Stablecoin adoption is experiencing a rapid surge in South Korea, with Circle’s CRCL stock topping trading activity among investors. Korean demand for stablecoins has seen a significant uptick, […]
Ethena Rallies 16%, Reaches New Highs, Driven by USDe Growth and Ethereum’s Momentum
Ethena (ENA) has experienced a significant price surge, surpassing $0.85 on August 11th, marking a 16% jump from the previous day. This rally is fueled by several factors, […]
Tagger Teams Up with Stables to Deliver $5 Million AI Data Solutions
Tagger, a leader in decentralized AI data solutions, has entered into a significant collaboration with Australian stablecoin company Stables. This partnership is worth $5 million and aims to […]
Unlocking Stablecoin Potential with Blockstreet: The $BLOCK Token Explained
Blockstreet is making waves in the crypto space with its innovative approach to stablecoin integration. This platform, built for builders, offers unprecedented access and support for USD1, one […]
Tether Unveils Q2 2025 Reserves: A Look at Stablecoin Holdings and Market Performance
Tether’s Q2 2025 figures offer a glimpse into the company’s impressive reserve holdings across various assets. CEO Paolo Ardoino revealed that Tether now ranks among major global holders […]
USDe Surpasses Traditional Stablecoins in Inflows, Records New High
For the first time, USDe, a yield-bearing stablecoin backed by Ethena Labs, has surpassed both USDT and USDC in inflows, demonstrating its growing popularity. The past two weeks […]
Ethena’s USDe Stablecoin Hits $10 Billion Market Cap in Just 500 Days
Ethena’s USDe stablecoin has achieved a remarkable milestone, surpassing the $10 billion market capitalization mark in just 500 days. This rapid growth is attributed to regulatory shifts and […]