Japan’s Financial Services Agency (FSA) has endorsed a collaboration between major banks, including Mizuho Bank, Mitsubishi UFJ Bank, and Sumitomo Mitsui Banking Corporation, to issue yen-backed stablecoins. This […]
USDC Overtakes USDT in Transaction Volume: A Major Milestone
A significant milestone has been reached in the stablecoin landscape as USDC surpassed USDT in transaction volume for the first time. This landmark moment, driven by increasing institutional […]
Ethereum Reaches New Milestone as Stablecoin Inflows Surge
Ethereum has hit a new record high in stablecoin supply, surpassing $184 billion, according to Token Terminal data. This surge reflects increasing liquidity flows towards the platform, signaling […]
Coinbase Sees Stablecoin Liquidity as ‘Oil’ for Blockchain Growth
Coinbase executives used the analogy of ‘oil’ for the on-chain economy to highlight their view that legislation surrounding digital assets is crucial for US blockchain growth and global […]
Elixir Ditches deUSD Stablecoin After Major DeFi Losses
Elixir has officially halted its synthetic stablecoin, deUSD, following a substantial loss of approximately $93 million stemming from the collapse of Stream Finance. The impact is particularly severe […]
ARK Investment Adjusts Bitcoin Forecast, Sees Stablecoins Driving Adoption
Ark Invest’s Cathie Wood lowered her 2030 Bitcoin price prediction from $1.5 million to $1.2 million, citing the rise of stablecoins as a key driver for this change. […]
OKX Launches Mastercard-Linked Stablecoin Wallet in Brazil
Brazil has just adopted a new method for on-ramps to digital currency. OKX launched its stablecoin wallet called OKX Pay, partnered with a debit card issued by Mastercard. […]
Japan’s FSA Endorses Major Bank Stablecoin Project to Modernize Finance
The Financial Services Agency (FSA) of Japan has signaled a major step towards integrating blockchain technology into mainstream finance by approving a collaborative project between leading financial institutions. […]
Mastercard Embraces Ripple’s Stablecoin Experiment with Pilot Program
Mastercard has voiced its enthusiasm about the potential of Ripple’s stablecoin initiative, signaling a major shift in how payments are processed. The company responded to Ripple’s recent announcement […]
Stablecoin Crisis Rocks DeFi as Stream Finance Collapses
The cryptocurrency world has been rocked by a major liquidity crisis in decentralized finance (DeFi). Stream Finance’s xUSD stablecoin, a key part of the platform, collapsed after a […]
Cathie Wood Cuts Bitcoin Price Target to $1.2 Million by 2030
ARK Invest’s Cathie Wood has lowered her prediction for Bitcoin’s price in 2030, from $1.5 million to $1.2 million. This adjustment comes after Wood attributed it to the […]
Internet Computer (ICP) Price Prediction 2025: UK Regulatory Approval Drives Institutional Adoption
The United Kingdom’s commitment to stablecoin regulation, mirroring the US approach, is accelerating institutional participation in the digital asset market. This coordinated regulatory action signifies the industry’s maturation […]
Cathie Wood Reverses Bitcoin Outlook, Sees Stablecoin Rise
ARK Invest CEO Cathie Wood has adjusted her long-term Bitcoin forecast downward, citing the rising popularity of stablecoins as a major factor driving this shift. She now projects […]
Ethereum Stablecoin Supply Surges Past $1 Billion in 24 Hours
Ethereum’s stablecoin supply experienced a major surge, exceeding $1 billion within the past 24 hours. This growth reflects increasing demand for liquidity and stability in the digital finance […]
Stream Finance Loss Grounds Elixir Stablecoin, Disrupts DeFi Markets
The discontinuation of Elixir’s deUSD stablecoin is the latest casualty in the DeFi sector after a $93 million loss by Stream Finance triggered widespread instability. This domino effect […]