Ethena’s synthetic stablecoin, USDe, has seen a substantial decrease in total value locked (TVL). According to ChainCatcher data, the token’s TVL plummeted from $14.8 billion in October to […]
MegaETH Raises Deposit Cap to $1 Billion Amidst High Demand
MegaETH has rapidly adjusted its USDm stablecoin deposit cap, initially increasing it from $250 million to $1 billion in response to surging demand. This action came after the […]
U.S. Bank Tests Stablecoin on Stellar Blockchain
U.S. Bank is taking a pioneering approach to blockchain-based finance, as it has announced plans to test its own stablecoin on the Stellar blockchain. This move signifies the […]
Binance Stablecoins Skyrocket While Crypto Holdings Decline
Binance’s cryptocurrency holdings have witnessed a notable shift in recent years. While Bitcoin (BTC) and Ethereum (ETH) reserves decreased from peak levels in 2022, stablecoin reserves saw significant […]
Stablecoins Plummet as Largest Monthly Drop Since 2022 Signals Crypto Liquidity Concerns
The stablecoin market experienced its steepest monthly decline since May 2022, shedding a significant $6 billion in value. This marks the largest such drop since the infamous UST/Luna […]
Naver Financial Merges with Dunamu, Launching Stablecoin Wallet in South Korea
Naver Financial and Dunamu have announced their strategic merger, which is expected to reshape South Korea’s digital asset landscape. The combined entity will launch a stablecoin wallet following […]
South Africa’s Central Bank Raises Concerns About Growing Crypto Risks
The South African Reserve Bank has expressed growing concerns about the rapidly expanding world of digital assets within the country, particularly stablecoins. Its latest financial stability report highlights […]
Canada Paves Way for Digital Currency Innovation with First Compliant CAD Stablecoin, QCAD
Canada has taken a significant step forward in the development of its digital economy by approving the first compliant Canadian Dollar (CAD) stablecoin, QCAD. This regulatory milestone, granted […]
Klarna Introduces USD-Backed Stablecoin for Faster, Cheaper Cross-Border Payments
Swedish payments giant Klarna has launched a stablecoin called KlarnaUSD aimed at revolutionizing cross-border payments. This move comes in response to growing demand for faster and more affordable […]
South Africa’s Central Bank Highlights Crypto Risks in New Financial Stability Report
The South African Reserve Bank (SARB) has issued its second financial stability report for 2025, indicating a growing concern regarding the potential risks posed by cryptocurrencies and stablecoins. […]
U.S. Bank Pilots Stablecoin on Stellar Blockchain
U.S. Bancorp, a leading financial institution with $671 billion in assets under management, has initiated testing of its USD-backed stablecoin on the Stellar blockchain. This move marks U.S. […]
U.S. Bancorp Launches Pilot Program for Custom Stablecoin on Stellar Blockchain
U.S. Bancorp, in a pioneering move, will pilot a custom stablecoin on the Stellar blockchain starting November 25, 2025, in partnership with the Stellar Development Foundation and PwC. […]
Tether CEO Confident in Bitcoin’s Long-Term Future Amid Criticisms
Paolo Ardoino, CEO of Tether, has publicly reaffirmed his belief in Bitcoin’s enduring value, stating that it will withstand the test of time despite ongoing criticism. Ardoino criticizes […]
U.S. Bank Tests Custom Stablecoin on Stellar Network: Embracing Digital Payments in Finance
The U.S.’s fifth-largest commercial bank has embarked on a pioneering pilot program, exploring the issuance of custom stablecoins on the Stellar blockchain network. This move marks another significant […]
U.S. Bank Tests Stablecoins on Stellar Network for Potential Crypto Revolution
While cryptocurrency markets remain volatile, the adoption of altcoins continues steadily, fueled by strategic partnerships and innovative technologies. A recent collaboration between U.S. Bank, one of America’s largest […]