Tag: stablecoins
All news related to cryptocurrencies pegged to other assets, such as the US dollar.
USDC Integration Goes Live on XRP Ledger, Enabling Cross-DEX Swaps
Reading Time: < 1 minuteThe XRP Ledger (XRPL) has officially added support for Circle’s USDC stablecoin, enabling new DeFi interoperability features.
Stablecoin Bill to Fortify Dollar Dominance, Treasury Chief Says
Reading Time: < 1 minuteTreasury Secretary Scott Bessent framed the GENIUS Act as critical to maintaining dollar supremacy during Senate testimony Wednesday.
Senate Moves Forward on GENIUS Stablecoin Bill Amid Trump’s Crypto Push
Reading Time: < 1 minuteThe US Senate voted decisively (68-30) to advance the GENIUS Act, a major stablecoin regulation bill backed by Senate leadership and aligned with President Donald Trump’s pro-crypto agenda.
Corporate Stablecoin Adoption Soars as Fortune 500 Firms Take Notice
Reading Time: < 1 minuteA Coinbase survey reveals a dramatic shift in corporate attitudes toward stablecoins, with Fortune 500 interest tripling in just one year.
Societe Generale Launches First Major Bank-Issued Dollar Stablecoin
Reading Time: < 1 minuteFrance’s Societe Generale announced plans to introduce a dollar-pegged stablecoin, becoming the first major bank to enter the dollar-backed crypto market.
South Korea’s New Crypto Bill Paves Way for Regulated Stablecoins
Reading Time: < 1 minuteSouth Korea’s government is pushing forward with legislation to legalize domestically issued stablecoins, marking a major step in President Lee Jae-myung’s pro-crypto agenda.
Circle’s Blockbuster IPO Marred by Backlash From Early Investor
Reading Time: < 1 minuteWhile Circle’s shares soared 167% in their NYSE debut, the celebratory mood was dampened by public criticism from Arca, one of its earliest backers.
Uber Joins Corporate Stablecoin Movement
Reading Time: < 1 minuteUber CEO Dara Khosrowshahi revealed the company is actively evaluating stablecoin payments at the Bloomberg Tech Summit.
Circle’s IPO Valuation Hits $6.9B as Share Price Climbs to $31
Reading Time: < 1 minuteCircle Internet Group has once again raised its IPO target, now seeking $1.05 billion by pricing shares at $31—above its initial $27-$28 range.
Huma Joins the Global Dollar Network to Advance Stablecoin Adoption on Solana
Reading Time: 2 minutesSan Francisco, California, 4th June 2025, Chainwire
Dubai Advances Crypto Adoption With Ripple Stablecoin Approval
Reading Time: < 1 minuteDubai’s financial regulator has expanded its approved digital assets list to include Ripple’s RLUSD stablecoin, marking another milestone in the emirate’s progressive crypto framework.
Santander Explores Stablecoin Launch and Retail Crypto Services
Reading Time: < 1 minuteBanco Santander SA is reportedly considering the introduction of a stablecoin and expanded cryptocurrency services for retail customers.
Federal Court Freezes $57.65M in USDC Amid LIBRA Fraud Lawsuit
Reading Time: < 1 minuteThe US District Court for the Southern District of New York (SDNY) has issued a temporary restraining order freezing approximately $57.65 million in USDC stablecoins linked to the alleged LIBRA memecoin fraud.
Circle Launches IPO in Major Crypto Market Debut
Reading Time: < 1 minuteThe blockchain financial firm behind USD Coin (USDC) has initiated its highly anticipated IPO, seeking to raise $624 million at an estimated $6 billion valuation.
Major US Banks Consider Joint Stablecoin Venture
Reading Time: < 1 minuteSeveral leading US banks are in early discussions about collaborating to issue a shared stablecoin, according to a Wall Street Journal report on Thursday.
What is USDT?
Reading Time: < 1 minuteTether (USDT) is a stablecoin, a type of cryptocurrency designed to maintain a stable value by being pegged to a fiat currency—in this case, the US dollar.
South Korea’s Democratic Party Leader Advocates for Won-Based Stablecoin to Curb Capital Outflows
Reading Time: < 1 minuteLee Jae-myung, leader of South Korea’s Democratic Party, has suggested creating a stablecoin linked to the Korean won to prevent capital outflows and enhance financial sovereignty.
US Senate Votes in Favor of Stablecoin Bill
Reading Time: < 1 minuteOn Monday, the Senate progressed a significant cryptocurrency regulation bill with a bipartisan vote, following a two-week period where Senate Democrats had previously blocked it.
Northern Mariana Islands Passes Stablecoin Bill
Reading Time: < 1 minuteThe Northern Mariana Islands, a US Pacific territory, has enacted legislation allowing Tinian Island to issue a stablecoin, overturning Governor Arnold Palacios’ April 11 veto.
Coinbase Invests in Canadian Stablecoin Issuer
Reading Time: < 1 minuteCoinbase has announced a strategic investment in Stablecorp, a Canadian fintech company and issuer of the QCAD stablecoin, which is pegged to the Canadian dollar.
Northern Mariana Lawmakers Give Stablecoin Bill Second Chance
Reading Time: < 1 minuteTinian, a small island in the US Northern Mariana Islands, may get another opportunity to launch a stablecoin after the territory’s Senate overrode the governor’s veto of the stablecoin bill.
US Senate Blocks Stablecoin Bill
Reading Time: < 1 minuteLegislation aimed at establishing a framework for payment stablecoins failed to advance in the Senate on Thursday, as several Democrats opposed moving the bill forward.
Meta Considering Stablecoins Integration
Reading Time: < 1 minuteMeta is considering integrating stablecoins for global payouts on its platforms, as reported by Fortune, citing five informed sources.
Tether Posts $1B in Q1 Operating Profit
Reading Time: < 1 minuteTether’s current excess reserves are at their lowest since Q2 2024, when it held $5.3 billion in reserves.
SEC Drops Case Against PayPal’s Stablecoin
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has concluded its investigation into PayPal’s PYUSD stablecoin without pursuing any enforcement actions.
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