The U.S. Senate is aiming for a comprehensive crypto market bill before August 2025, with Senator Tim Scott leading the charge.
Trump-Backed USD1 Stablecoin Receives $18M Liquidity Boost from DWF Labs
DWF Labs has injected $18 million into World Liberty Financial (WLFI), a Trump family-backed stablecoin project, boosting its liquidity across Ethereum and Binance Smart Chain. This infusion of […]
Tether’s Strategic USDT Minting on Tron Addresses Growing Stablecoin Demand
Tether has taken a proactive step to bolster its market liquidity by issuing 1 billion USD worth of USDT tokens on the Tron blockchain. This strategic move directly […]
DWF Labs Invests $1 Million in Stablecoin Liquidity, Boosting Trading Activity
Digital finance company DWF Labs has taken a significant step forward with the deployment of USD1 stablecoin liquidity across Ethereum and Binance Smart Chain networks. This move, supported […]
Bank of England Warns About Stability Risks from UK Stablecoins
The Bank of England is raising concerns about the potential risks posed by stablecoins to the UK economy. The Financial Policy Committee (FPC) has highlighted the rapid growth […]
Ripple’s RLUSD Plummets 54% After Volume Surge: Analyzing the Drop
Crypto asset Ripple USD (RLUSD), developed by San Francisco-based Ripple, experienced a dramatic 54% decline in trading volume over the last 24 hours, according to CoinMarketCap data. This […]
Stablecoin Transactions Reach Record Levels, Exceeding Visa and Mastercard
Recent analysis by OKG Research indicates a significant surge in stablecoin usage. Data shows that stablecoin transactions, particularly USDT and USDC, reached nearly $500 billion in the past […]
sUSD Depegging: Synthetix’s SIP-420 Upgrade Throws Stablecoin into Turmoil
Synthetix’s algorithmic stablecoin sUSD continues to struggle, dropping from its $1 peg. Following the implementation of a governance proposal known as SIP-420, which aimed to improve capital efficiency […]
Trump Signs First Crypto Bill, Repealing IRS DeFi Tax Rule
In a groundbreaking move for the US crypto industry, President Donald Trump signed a new law that repeals the controversial IRS regulation targeting decentralized finance (DeFi) platforms. This […]
Shiba Inu’s SHI Stablecoin: A Wait for Regulations Before Launch
While other Shiba Inu tokens like LEASH, BONE, and TREAT are already active in the ecosystem, offering staking rewards, metaverse involvement, and other benefits, Shiba Inu’s own stablecoin, […]
Synthetix’s sUSD Stablecoin Drops Below Peg, Spark Concerns About Stability
Synthetix’s synthetic USD stablecoin, sUSD, has experienced a significant drop below its $1.00 peg, plummeting as low as $0.83 before rebounding slightly. This depeg marks the second instance […]
RedStone’s Ethena Stablecoin Launch Fuels 14% Price Surge on BNB Chain
RedStone has expanded its partnership with Ethena Labs, integrating USDe and sUSDe stablecoins onto the BNB Chain. This move has sparked a significant price increase for RED, currently […]
Stablecoin De pegs Again: What’s Behind sUSD’s Latest Fall?
After experiencing a de-pegging event in May 2024, the Synthetix (SNX)-based stablecoin sUSD has once again lost its peg to the dollar. This incident saw sUSD fall below […]
KAST Introduces First M^0 Stablecoin on Solana: Revolutionizing Digital Dollar Use
In a groundbreaking development, KAST has launched the first stablecoin built using M^0’s innovative technology on the Solana blockchain. This new offering opens doors to previously unseen possibilities […]
First Digital Trust Files Defamation Suit Against Justin Sun Over Insolvency Claims
Hong Kong-based First Digital Trust (FDT) has filed a defamation lawsuit against Justin Sun, the founder of Tron, over allegations that the company is insolvent. Sun had publicly […]