Coinbase has pulled out of its planned acquisition of stablecoin infrastructure startup BVNK, potentially ending one of the crypto industry’s hottest acquisition battles. The deal cancellation follows months […]
Ark Invest Buys $30.5M in Circle Stock as Earnings Beat Triggers 12% Selloff
Cathie Wood’s Ark Investment Management made a strategic move on Wednesday, investing $30.5 million in Circle Internet Group stock following the stablecoin issuer’s impressive third-quarter earnings report. This […]
Tether Expands into Commodity Lending with USDt Credit
Stablecoin issuer Tether is actively increasing its involvement in commodity lending, having already committed billions of dollars to the sector. As per CEO Paolo Ardoino’s statements, Tether has […]
Cash App to Expand Crypto Features with Stablecoin Support and Bitcoin Payments
Cash App is getting ready for a major overhaul, aiming to significantly expand its crypto offerings by early 2026. Parent company Block has announced plans to introduce stablecoin […]
Binance Stablecoin Balance Soars: A $5.7 Billion Spike Signals Market Activity
A significant surge has been observed in the Binance stablecoin balance, rising by a staggering $5.76 billion within just 30 days. This dramatic increase points to heightened market […]
Massive $250M USDC Mint Shakes Crypto Market
A substantial 250 million USDC has been freshly minted, sending ripples across the cryptocurrency market. This massive stablecoin creation, according to Whale Alert, signifies significant institutional involvement and […]
Visa Launches Stablecoin Payouts for Gig Workers, Aiming to Revolutionize Financial Access
Visa announced a pilot program that will leverage stablecoins like USDC to deliver faster and more efficient payments directly to gig workers’ wallets. This innovation was unveiled at […]
Aptos Takes the Lead: Overtakes Ethereum in Stablecoin Supply Shifts
A recent analysis by Blockbeats and Cointelegraph highlights a significant shift in the stablecoin market. Aptos has surpassed Ethereum as the dominant platform for stablecoin supply changes over […]
Circle Surprises With Q3 Earnings, But Growth Slowdown Looms
Despite exceeding earnings expectations in Q3, Circle faces uncertainty about future growth and increased regulatory risks. The stablecoin issuer reported $740 million in revenue, with nearly 96% generated […]
Tether Market Cap Reaches $184B Amidst Market Sell-Off
Tether’s market capitalization has reached a significant high of $184 billion, surpassing its previous peak since April, according to data from ChainCatcher. This surge reflects the escalating risk […]
Sony Bank Stablecoin Faces Regulatory Pushback From U.S. Community Bankers
A new battle in the cryptocurrency regulation landscape is unfolding as the Independent Community Bankers of America (ICBA), representing thousands of small U.S. banks, has taken a firm […]
Alibaba and JPMorgan Test Stablecoins for Cross-Border Payments
Alibaba Group has entered into a collaboration with JPMorgan Chase to explore the potential of stablecoin-based payments in cross-border trade, aiming to streamline international transactions. The partnership will […]
Circle Surprises With Q3 Profits, But Growth Uncertain Amid Regulatory Risks
Despite exceeding analyst expectations for Q3 earnings, Circle’s future prospects remain unclear as its growth slows and regulatory uncertainty looms. The stablecoin issuer achieved $740 million in revenue […]
Ark Invest Invests $46 Million in Circle Stock: A Sign of Growing Institutional Confidence in Crypto
Investment firm Ark Invest has made a significant move by acquiring $46.3 million worth of Circle stock. This strategic investment signals growing confidence in the stablecoin ecosystem and […]
Coinbase Opposes Bank Restrictions on Stablecoin Merchant Rewards
Coinbase has challenged banking industry attempts to limit merchant rewards for stablecoin users, arguing that such restrictions violate the interpretation of the GENIUS Act. The company believes these […]