Despite ongoing market uncertainty fueled by US tariffs, inflationary pressures, and looming fiscal debates, stablecoin adoption is surging, particularly in emerging markets. As a result, decentralized on-chain banks […]
Stablecoin Market Cap Soars to $233.54 Billion, Driven by USDT’s Dominance
The stablecoin market cap has experienced notable growth, reaching a remarkable $233.54 billion according to DefiLlama data. Over the past week, this segment saw a 0.99% increase in […]
Sonic Labs Shifts Course, Embraces UAE Dirham Stablecoin
In a significant move, Sonic Labs has abandoned its planned algorithmic stablecoin project and will now utilize the United Arab Emirates dirham as the basis for its new […]
Hong Kong Paves Way for Stablecoin Regulation with New Framework
Hong Kong’s Monetary Authority (HKMA) is taking decisive steps toward a stablecoin regulatory framework, according to reports from PANews. Deputy Chief Executive Chan Wai-man confirmed progress in establishing […]
PayPal’s PYUSD Expansion: Threat to USDT in Stablecoin Market
PayPal is significantly expanding its USD-pegged stablecoin, PYUSD, by integrating it into its merchant solutions and global payment platforms. This move could challenge the dominance of Tether (USDT) […]
Former CFTC Chairman Calls for Stablecoin Regulation, Delays Broader Cryptocurrency Market Discussion
Timothy Massad, former Chair of the U.S. Commodity Futures Trading Commission (CFTC), has urged Congress to prioritize the development of a regulatory framework for stablecoins. He proposes postponing […]
Bank of America Eyes Stablecoin Launch Amidst Trump Pressure and Regulatory Concerns
Bank of America is preparing to enter the rapidly growing stablecoin market, aiming to capitalize on the burgeoning industry while simultaneously responding to pressure from former President Donald […]
Reeve Collins Launches Pi Protocol: A Decentralized Stablecoin Challenging Tether’s Dominance
Reeve Collins, co-founder of Tether, is launching a new stablecoin project called Pi Protocol that aims to disrupt the traditional system. This project offers a decentralized and yield-bearing […]
SEC Approves First Yield Stablecoin: What This Means for Crypto
The U.S. Securities and Exchange Commission (SEC) has granted approval to YLDS, the first interest-bearing stablecoin registered as a security. Developed by Figure Markets, YLDS offers users a […]
MEXC Invests $20 Million in USDe to Boost Stablecoin Adoption
Global cryptocurrency trading platform MEXC has made a strategic investment of $20 million in USDe, Ethena’s stablecoin solution designed to overcome limitations of traditional centralized solutions. This commitment […]
Ethereum’s Future Looks Promising Amidst Growing Market Optimism
Recent positive market trends for Ethereum are generating excitement, with industry expert Ki Young Ju suggesting substantial growth is on the horizon. Ki Young Ju, CEO of CryptoQuant, […]
Reeve Collins Launches Pi Protocol: A Decentralized Stablecoin Contender
Reeve Collins, a prominent figure in the stablecoin landscape, is set to disrupt the established market with his new project, Pi Protocol. Aiming to introduce a more decentralized […]
Tether CEO Accuses Competitors of Using ‘Lawfare’ Tactics to Stifle Growth
Paolo Ardoino, CEO of Tether, has accused rival stablecoin issuers of employing legal pressure and tactics to hinder the growth of USDT. He highlights that these competitors are […]
Circle CEO Calls for US Oversight of Tether’s USDT Stablecoin
Jeremy Allaire, co-founder of Circle, advocates for consistent regulation of stablecoin issuers, regardless of their global locations. He argues that firms issuing US dollar-pegged stablecoins should register with […]
Circle CEO Calls for Mandatory Registration of Stablecoin Issuers in US
Circle CEO Jeremy Allaire is advocating for stricter regulations on stablecoin issuers within the US by proposing mandatory registration. He believes this will enhance consumer protection and financial […]