Sky Protocol, formerly known as MakerDAO, recently reported a substantial $5 million loss in the first quarter of 2025. This financial downturn stems from a strategic shift aimed […]
Tether Introduces Gold-Pegged Stablecoin XAUt in Thailand
Stablecoin issuer Tether is launching its gold-backed stablecoin XAUT (Tether Gold) in Thailand, marking a significant step forward for the crypto market in the Southeast Asian nation. The […]
Meta Leverages Stellar Expertise to Power Decentralized Wallet for Stablecoins
Meta has appointed Ginger Baker, a former executive at the Stellar Development Foundation, to spearhead the transformation of Meta Pay into a decentralized wallet capable of handling stablecoin […]
Anchorage Digs into Stablecoin Market With Acquisition of Mountain Protocol
Anchorage Digital, a U.S.-based digital asset bank chartered by the Federal Reserve, has acquired Mountain Protocol, a Bermuda-regulated stablecoin issuer. This deal, pending regulatory approval, will see Anchorage […]
Stablecoins: The Gateway to Mainstream Crypto in 2025
The cryptocurrency market is rapidly evolving, with stablecoins becoming increasingly integral to this evolution. As the crypto world continues to mature, these digital assets are bridging the gap […]
Anchorage Acquires Mountain Protocol, Aims for Institutional Stablecoin Dominance
Crypto-focused bank Anchorage Digital has made a strategic move by acquiring USDM stablecoin issuer Mountain Protocol. The acquisition, announced on May 12th, will bolster Anchorage’s position in the […]
Tron’s USDT Supply Surpasses Ethereum for First Time
For the very first time, TRON’s (TRC-20) stablecoin infrastructure has eclipsed Ethereum’s (ERC-20). With a staggering $73.8 billion in USDT minted on the Tron platform, it marks a […]
Cardano Exploring Privacy-Focused Stablecoin Initiative: Will it Change the Market?
Charles Hoskinson, co-founder of Cardano, has announced plans to launch a privacy-focused stablecoin initiative. This move could significantly impact the multi-billion dollar stablecoin market, prompting experts to wonder […]
Interoperability Challenges Rise for Stablecoins in National Payment Systems
The adoption of interoperable payment systems across various national economies is creating a significant challenge for stablecoins, which have long been integral to cross-border transactions and financial innovation. […]
Citi Predicts Stablecoin Dominance in Finance
Global banking giant Citi has issued a bold prediction: stablecoins will play a pivotal role in both cryptocurrency markets and mainstream finance. According to their latest report, the […]
Stablecoins on Track for Mainstream Adoption by 2025: Deutsche Bank Predicts Regulatory Clarity
Deutsche Bank predicts a major breakthrough in the mainstream adoption of stablecoins by 2025, driven by clear regulatory guidelines. The research firm emphasizes that these regulations will unlock […]
Anchorage Digital Acquires Mountain Protocol to Expand Stablecoin Services
Anchorage Digital has acquired Mountain Protocol, the company behind USDM, in a move that will significantly shape the stablecoin landscape within the digital asset industry. This acquisition marks […]
Tether Reaches $150 Billion Market Cap, Dominating Stablecoin Landscape
Tether has surpassed the $150 billion mark in market capitalization, signifying a significant surge in stablecoin usage across global crypto markets. This increase is fueled by the rising […]
250 Million USDC Mined: What This Means for Stablecoins and Crypto Markets
A major event in the crypto world has occurred: a staggering 250 million USDC tokens have been minted, according to Whale Alert. This unprecedented action signals significant capital […]
Charles Hoskinson envisions Privacy-Focused Stablecoin for Cardano
The cryptocurrency landscape continues to evolve, promising new possibilities in digital finance. One area of innovation involves stablecoins, digital assets pegged to stable references like fiat currencies. However, […]