Aave Suspends PYUSD Trading Following Massive Mint and Burn Incident
Paxos' unexpected minting and burning of a staggering 300 trillion PYUSD triggers Aave to halt trading temporarily.
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Paxos' unexpected minting and burning of a staggering 300 trillion PYUSD triggers Aave to halt trading temporarily.
Bybit is reinforcing its commitment to USDC with a new strategic partnership with Circle, focusing on liquidity and integration across their platforms.
A consortium of 10 banks aims to secure regulatory approval for a euro-pegged stablecoin set to launch in 2026.
Tether is evolving beyond a basic stablecoin issuer, emulating central bank functions with its reserves and policy decisions.
Congressman Stephen Lynch interrogated Federal Reserve Vice Chair Michelle Bowman regarding her perspectives on digital assets during a recent hearing, revealing points of confusion about stablecoin definitions.
Dankrad Feist, a prominent Ethereum Foundation researcher, is transitioning to Tempo, a blockchain project developed by Stripe, while continuing his advisory role at Ethereum.
Matt Hougan from Bitwise believes Solana's efficiency positions it as the primary choice for stablecoins in the financial capital.
Bitwise's Matt Hougan believes Solana's rapid transaction capabilities may position it as the favored network for stablecoin transactions on Wall Street.
Ripple's recent acquisition of Hidden Road aims to enhance its fintech offerings and broaden the utilization of its RLUSD stablecoin.
Ripple has announced a partnership with Bahrain Fintech Bay to introduce its RLUSD stablecoin to local financial institutions.
Dankrad Feist, noted for his contributions at the Ethereum Foundation, has announced his transition to Stripe's Tempo blockchain team while retaining an advisory role.
Major financial associations in China are reclassifying Real-World Asset (RWA) tokenization as a risky business, aligning it with other prohibited activities.
Ethena's synthetic stablecoin, USDe, has experienced a significant drop in market capitalization after the October crash as investor confidence wavers.
US lawmakers are working on a proposal that would exempt small stablecoin payments from taxation and defer taxes on staking and mining rewards.
B3, the Brazilian stock exchange, is gearing up to launch a tokenization platform along with a stablecoin by 2026 to enhance digital asset trading.
RedotPay aims to enhance its market presence and product offerings following a substantial funding round.
Canada's central bank aims to approve only high-quality fiat-backed stablecoins as part of financial modernization.
Exodus has teamed up with MoonPay to develop a new USD-pegged stablecoin aimed at simplifying everyday transactions, set for a 2026 launch.
Ripple Payments joins forces with Amina, a Swiss cryptocurrency bank, to expand its stablecoin payment infrastructure across Europe.
Tether is evaluating options for offering liquidity to investors looking to invest in its stablecoin operations as it targets a valuation of $500 billion.

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