Crypto
Russia Considers National Stablecoin Following US Action on Garantex Wallets
A senior Russian finance official calls for a state-backed stablecoin as the US enforces actions against Garantex, raising concerns over reliance on foreign assets.
Crypto
Zero Hash Processes $2 Billion in Fund Flows as Demand for Real-World Assets Increases
Zero Hash has processed significant tokenized fund flows in just four months, highlighting the growing institutional interest in on-chain assets.
Crypto
EURC Stablecoin Sees 43% Surge to All-Time High in Supply Amid Dollar Instability
The recent rise in Circle's EURC stablecoin supply reflects growing interest in euro-denominated digital assets as concerns about the U.S. dollar grow.
Finance
Visa Joins Paxos and Robinhood's Stablecoin Initiative
Visa is entering the Global Dollar Network, a consortium focused on stablecoins, joining major players like Robinhood and Kraken.
Crypto
Stablecoins Transforming International Money Transfers, Says a16z
Stablecoins are changing the landscape of global money transfers by reducing expenses and cutting out intermediaries.
Altcoins
World Liberty Financial, Supported by Trump, Suggests Airdrop of USD1 Stablecoin to Token Holders
The DeFi platform World Liberty Financial, associated with the Trump family, proposes an airdrop of its USD1 stablecoin to current token holders as part of a test.
Finance
Cap Secures $11 Million for its New Stablecoin Engine Amid Industry Growth
Cap's recent funding of $11 million aims to enhance their stablecoin technology, responding to rising market interest.
Crypto
Tether Considers Launching U.S.-Only Stablecoin Amid Regulatory Changes
Tether, the issuer of USDT, explores the possibility of creating a stablecoin tailored for the U.S. market, contingent on new regulations.
Altcoins
Tether to Launch US-Only Stablecoin in Response to Regulatory Changes
Tether plans to introduce a stablecoin exclusive to the US market, responding to favorable regulatory shifts under the Trump administration.
Crypto
Ripple's RLUSD Stablecoin Issuance Hits $100M Amid Market Dynamics Shift
Ripple's stablecoin, RLUSD, has minted over $100 million since its launch, marking its entry into the competitive crypto market.
Crypto
First Digital Takes Legal Measures Against Justin Sun's Claims as FDUSD Value Declines
First Digital, a stablecoin issuer, is set to initiate legal action following allegations from Tron founder Justin Sun regarding its financial stability as its stablecoin FDUSD strays from its price peg.
Finance
Ripple Incorporates RLUSD Stablecoin in Global Payment Framework
Ripple USD's market valuation surged to $244 million since its introduction, marking an 87% increase in the last month.
Crypto
Justin Sun Supports TUSD Amid Financial Turmoil
Techteryx alleges that its TrueUSD stablecoin faced a $456 million deficit, with funds misallocated. Justin Sun provided vital assistance to stabilize the situation.
Finance
Sumitomo Mitsui Financial Group Explores Stablecoin Innovation with Ava Labs and Fireblocks
SMBC partners with leading firms to tap into the growing stablecoin market, aiming to develop new issuance and usage frameworks in Japan.
Crypto
Circle, a Major Player in Stablecoins, Moves to Go Public Following $1.7 Billion Reserve Surge
Circle aims to trade publicly on the NYSE under the CRCL symbol, backed by significant reserve income.
Crypto
Tokenized Gold Achieves $1.4 Billion Market Valuation as Trading Activity Peaks in March
The market for gold-backed tokens surged to a record $1.4 billion, with Tether's XAUT and Paxos' PAXG leading the way, as detailed in CoinDesk's report.
Crypto
Intercontinental Exchange to Explore New Applications for Circle's USDC and USYC Tokens
The Intercontinental Exchange is set to investigate potential uses of Circle's USDC stablecoin and USYC tokenized money market fund in various financial operations.
Crypto
Wyoming's Innovative WYST Stablecoin Set to Challenge Traditional Banking
The WYST stablecoin aims to revolutionize cryptocurrency use in Wyoming, offering a fiat-backed digital currency designed for economic growth.
Finance
Wyoming Moves Toward Launching Its First Stablecoin
The state of Wyoming is set to introduce a stablecoin, which could be the first fiat-backed token issued by a public entity in the United States, aiming for a July launch.
Crypto
Donald Trump Jr. Promotes World Liberty Financial's Stablecoin at Washington Event
Donald Trump Jr. appeared via video at a Washington event to support World Liberty Financial's promotion of its new stablecoin amid legislative discussions on cryptocurrency regulation.
