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Circle approaches $50B valuation amid evolving regulatory landscape in the US
Circle’s market capitalization has risen significantly, reflecting increased investor confidence as its stock price more than quintupled, positioning the company near a $50 billion...
Read Full Article →Donald Trump urges swift GENIUS Act passage to dominate digital asset space
The prompt approval of the GENIUS Act could influence regulatory frameworks for stablecoins and potentially enhance the United States’ competitive position in the growing digital f...
Read Full Article →Coinbase launches stablecoin payment stack with USDC checkout targeting commerce giants
Coinbase’s new payment platform simplifies cryptocurrency transactions for large retailers by enabling seamless USDC payments without requiring them to manage blockchain technology...
Read Full Article →Ark Invest sells nearly $100M in Circle shares in the last 2 days
Ark Invest significantly decreased its holdings in Circle by divesting nearly $100 million worth of shares within a two-day period amid the company’s recent market downturn.
Read Full Article →US Senate approves landmark GENIUS Act for stablecoin regulation
The new legislation aims to create a regulatory framework for stablecoins, potentially increasing market stability and investor confidence in the digital asset sector.
Read Full Article →Ark Invest dumps $51M in Circle shares amid 400% rally and valuation concerns
Ark Invest’s recent sale of over $50 million in Circle Internet Group shares reflects a strategic move likely influenced by the rapid price increase and apprehensions regarding the...
Read Full Article →JPMorgan files ‘JPMD’ trademark for digital asset payment services, hinting at potential stablecoin
JPMorgan's trademark application for a service related to virtual currencies and blockchain technology indicates its interest in expanding offerings involving secure digital transa...
Read Full Article →Walmart & Amazon eye $14B in savings by launching corporate stablecoin
Walmart and Amazon's plan to introduce their own digital currencies could result in substantial cost reductions as new federal laws provide clearer guidelines for privately issued...
Read Full Article →Cardano considers offloading $100M ADA to jumpstart lagging DeFi and stablecoin ecosystem
Cardano’s plan to redirect approximately $100 million in ADA assets aims to stimulate growth and activity within its decentralized finance and stablecoin markets.
Read Full Article →$USD1 Stablecoin Begins Minting on TRON
The introduction of a new stablecoin on the TRON network may enhance liquidity and promote broader use of decentralized finance solutions within its blockchain ecosystem.
Read Full Article →World’s largest financial clearinghouse DTCC eyeing stablecoin launch
The introduction of a digital currency by the major financial infrastructure provider could streamline transaction processes and impact the management of liquidity within the U.S....
Read Full Article →Circle expands USDC to Ripple’s XRP Ledger
By integrating its stablecoin with the XRP Ledger, Circle potentially enhances transaction efficiency and broadens market access, which may influence liquidity and cross-chain asse...
Read Full Article →Meta’s stablecoin plans face scrutiny from US Senators Warren and Blumenthal
The inquiry by prominent US lawmakers into Meta’s digital currency intentions could impact investor confidence and regulatory oversight, influencing the company’s future financial...
Read Full Article →Tether amplifies gold strategy with around $90 million stake in Elemental Altus
Tether’s recent investment of approximately $90 million in Elemental Altus highlights its efforts to broaden its portfolio by entering the precious metals sector through acquiring...
Read Full Article →70% of $1B Plasma deposits held by top 100 wallets, showing concentrated interest in XPL sale
A significant portion of the $1 billion raised by Plasma for its token offering is controlled by a small group of investors, indicating strong aggregation of capital among major pa...
Read Full Article →Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act
Bank of America’s initiative to develop a stablecoin linked to the US dollar could impact digital payment systems and regulatory frameworks, depending on future governmental guidel...
Read Full Article →World Chain and Circle join forces to strengthen identity-driven finance with native USDC
The collaboration enhances secure financial transactions by enabling direct USDC issuance on the biometric identity blockchain, improving efficiency and regulatory compliance withi...
Read Full Article →Polygon’s governance revamp to focus on stablecoin payments and AggLayer
The leadership change at Polygon aims to enhance its platform’s financial infrastructure by prioritizing digital currency transactions and integrating scalable transaction solution...
Read Full Article →Plasma raises $500 million, partners with Aave to transform stablecoin market
Plasma’s recent $500 million capital influx and collaboration with Aave aim to enhance stablecoin lending and liquidity services, potentially influencing decentralized finance mark...
Read Full Article →RLUSD surpasses $300M supply as Ripple secures UAE backing
The increase in RLUSD’s circulating supply to over $300 million reflects significant growth and market confidence, indicating expanding adoption and robust investor interest within...
Read Full Article →Visa, Chainlink successfully complete CBDC, stablecoin swap between Hong Kong, Australia
The recent trial demonstrated the potential for faster, more efficient cross-border payments by leveraging blockchain technology to exchange digital currencies issued by central ba...
Read Full Article →Circle’s CRCL stock skyrockets 22% in pre-market trading amid fervent institutional interest
Following its recent New York Stock Exchange debut, Circle’s shares experienced a notable increase, reflecting heightened demand from institutional investors and impacting the comp...
Read Full Article →Yield bearing stablecoin comes to Solana via Maple Finance’s Chainlink integration
The introduction of syrupUSDC on Solana through Chainlink enables innovative capital deployment and lending options, potentially enhancing liquidity and attracting institutional in...
Read Full Article →Circle makes Wall Street debut as first major stablecoin issuer on NYSE
Circle's public listing on the NYSE represents a key development for crypto firms integrating into traditional financial markets, potentially increasing investor access and legitim...
Read Full Article →Circle set to exceed IPO expectations after overwhelming investor demand
Circle’s upcoming public offering is likely to be valued higher than initially projected due to substantially greater investor interest, reflecting strong market confidence in the...
Read Full Article →South Korea’s new president races to approve Bitcoin ETFs for 16 million traders
The new administration’s plan to legalize spot Bitcoin ETFs and introduce a KRW-backed stablecoin may significantly enhance cryptocurrency accessibility and investment opportunitie...
Read Full Article →Tether invests in Orionx to boost stablecoin use in Latin America
The partnership between Tether and Orionx is expected to enhance digital currency accessibility and potentially expand the financial infrastructure in several Latin American countr...
Read Full Article →WLFI’s stablecoin USD1 surpasses $10B in transfers within 10 days of Binance listing
Within ten days of being listed on Binance, World Liberty Financial’s stablecoin USD1 recorded over $10 billion in transaction volume, doubling its previous total transfers since l...
Read Full Article →Chainlink oracle ‘malfunction’ sparks $500k in DeFi liquidations, reignites oracle debate
An incorrect price report from a Chainlink oracle on May 29 caused over half a million dollars in losses for DeFi users relying on the affected stablecoin, raising concerns about d...
Read Full Article →Banco Santander eyeing crypto expansion with fiat-backed stablecoin
Banco Santander’s consideration of launching fiat-linked digital tokens could enhance its presence in the digital currency market, potentially diversifying revenue sources and stre...
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