USDT on TON chain surpasses $1 billion: Token Terminal
[Sep 17 7:13 PM] Tether’s stablecoin continues to dominate rivals, including Circe’s U.S. Dollar Coin (USDC).
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Circle's USDC in Brazil and Mexico Now Available to Businesses Via Banking System
[Sep 17 4:30 PM] Previously, the stablecoin could only be purchased through crypto exchanges.
TON, Curve Finance team up on stablecoin swap initiative
[Sep 17 12:07 PM] The partnership introduces Curve Finance's CFMM technology to TON, optimizing stablecoin swaps with reduced price volatility and slippage.
Circle’s USDC stablecoin to launch on Sui network
[Sep 17 7:58 AM] The UDSC stablecoin will soon become natively supported on the Sui network through the Cross-Chain Transfer Protocol.
Circle predicts stablecoins will become mainstream global payment method
[Sep 15 9:23 AM] Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space.
USDC issuer Circle announces HQ move to New York ahead of IPO
[Sep 14 9:48 AM] 2025 could bring stablecoins into the mainstream, after 2024 introduced a "turning point year in crypto," according to Circle's Allaire.
Tether onboards head of government affairs from PayPal
[Sep 13 9:30 PM] Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether.
English High Court Rules Tether's USDT Stablecoin Counts as Property
[Sep 13 11:47 AM] USDT attracts property rights as it can be the subject of tracing and can constitute trust property in the same way as other property, a judge in England declared.
UK court rules Tether is property in first English law post-trial crypto ruling
[Sep 13 3:56 AM] It comes a day after a UK government bill aimed to clarify that crypto was “personal property” under property laws.
Consumer protection watchdog warns about Tether's reserves
[Sep 12 9:07 PM] According to the S&P Global ratings agency, Tether scored a 4 out of 5 on its stability assessment, with 5 being the worst rating.
Stablecoins Increasingly Used for Savings, Payments in Emerging Countries, but Crypto Trading Still Leads: Report
[Sep 12 4:45 PM] The report surveyed more than 2,500 cryptocurrency users in Brazil, Nigeria, Turkey, Indonesia and India.
India, Nigeria, Indonesia Lead Chainalysis 2024 Crypto Adoption Index
[Sep 12 2:30 AM] India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto…
EU Regulator Sees Official Journal Publication of Stablecoin Standards Before Year-End
[Sep 11 12:08 PM] The European Banking Authority estimates that 15 technical standards for crypto platforms like stablecoin issuers will become official before the end of 2024.
Tether stablecoin issuer and Tron launch financial crime unit
[Sep 10 1:41 PM] Tron, the largest network for the USDT stablecoin, will provide its technical expertise to identify and freeze illicit USDT transactions within the new financial crime unit.
Ethena’s risky path: A synthetic stablecoin cautionary tale
[Sep 10 10:37 AM] The alternative stablecoin market is evolving, and projects like Ethena are leading the way, with a total value locked of $2.7 billion.
BBVA Enhances Institutional Crypto Solutions With USDC Integration
[Sep 10 8:30 AM] BBVA has integrated stablecoin USDC into its services in Switzerland, allowing institutional clients to manage USDC alongside traditional investments. This move enhances efficiency and enables faster, secure crypto trading. The USDC addition…
Tether invests $100M in agriculture firm as stablecoin competition grows
[Sep 8 1:45 PM] This is Tether’s first investment in the agriculture and food sector, after investments in artificial intelligence, Bitcoin mining operations, and digital education initiatives.
Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins
[Sep 7 2:35 PM] In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value. During this time, tether’s market capitalization increased by 790 million. Modest $1.08B Growth in Stablecoin…
Legacy Payment Processors Charge Adult Sites a Fortune; MyPeach.AI Found a Crypto Solution
[Sep 6 4:18 PM] Adult entertainment websites usually pay credit card companies through the nose. MyPeach.AI has found a stablecoin-powered workaround.
Ripple USD Stablecoin Could Be Issued in 'Weeks, Not Months': Garlinghouse
[Sep 4 8:12 AM] The RLUSD will be fully backed by U.S. dollar assets, tested with enterprise partners, and will operate on the XRP Ledger and Ethereum blockchain.
Maker, now Sky’s, stablecoin freeze process could be decided by decentralized court
[Sep 4 6:16 AM] A “decentralized governance” body could decide the fate of frozen USDS if the stablecoin goes ahead with a freeze feature, says Sky co-founder Rune Christensen.
Aave, Sky float partnership to bridge DeFi, TradFi
[Sep 3 3:34 PM] The plan would create markets for DAI-replacement USDS on Aave.
USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps Ahead
[Sep 3 12:30 AM] Current stablecoin metrics show that USDE, the popular yield-bearing stablecoin, has slipped to fifth place among the top U.S. dollar-pegged tokens by market capitalization. Over the past three days, Ethena’s USDE supply has decreased by 130…
Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes
[Sep 2 5:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded the country, some bitcoin mining…
Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months
[Aug 30 2:40 PM] Based on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic contraction in supply since July 4, 2024. Over the span of less than two months, its market capitalization has decreased by $770 million. Ethena’s USDE…
Former Square, Coinbase execs raise $58M for Bridge stablecoin network
[Aug 30 9:21 AM] Bridge seeks to build a global stablecoin payment network to rival traditional systems like Swift and credit cards.
Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change
[Aug 27 9:20 PM] MakerDAO co-founder Rune Christensen said the feature won't be live when the USDS token goes live and the old DAI token will remain in circulation unchanged.
Defi Giant Makerdao Rebrands as Sky, Introduces USDS Stablecoin and SKY Token
[Aug 27 3:10 PM] The decentralized finance (defi) lending platform Makerdao is embracing a new identity, rebranding as Sky, according to co-founder Rune Christensen. Along with the fresh name, the platform will introduce two new assets: a stablecoin dubbed USDS and…
Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch
[Aug 27 12:00 PM] Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY.
PayPal's Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana
[Aug 26 6:40 PM] The payments company's stablecoin entry was off to a slow start last year on Ethereum, but its recent expansion to the Solana blockchain reignited the token's growth.