Tether Taps $165B as Stablecoin Sector Climbs to $273B
Over the past week, the stablecoin market expanded by 1.28%, adding $3.464 billion to reach a total of $273.169 billion. Tether ( USDT) remains the heavyweight, commanding 60.49% of the…
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Citigroup Targets Regulated Stablecoin Boom With Institutional-Grade Custody
Citigroup is charging into the crypto frontier, targeting stablecoin custody, ETF infrastructure, and instant blockchain payments as demand explodes. Traditional Banking Giant Eyes Stablecoin Custody and Digital Payment Innovation Citigroup…
BPI Argues That GENIUS Act Stablecoin Yield Loopholes Jeopardize the Banking Sector
The BPI explains that as crypto companies circumvent the GENIUS Act guardrails, the difference in yield between ordinary banking products and stablecoins could lead to deposits migrating to the latter,…
ETH Could Surge to $25K With 8x Stablecoin Growth, Standard Chartered Says
Ethereum is primed for explosive growth as institutional demand, stablecoin expansion, and decentralized finance adoption fuel forecasts soaring to $25,000—according to Standard Chartered’s latest projections. Ethereum Gets Major Boost as…
Transak Raises $16 Million From Tether and IDG Capital to Expand Stablecoin Payments Infrastructure
Transak, a fiat-to-crypto infrastructure provider, has raised $16 million in a strategic funding round led by Tether and IDG Capital to enhance its stablecoin payments infrastructure and expand operations into…
Mesh Adds RLUSD Support, Setting Stage for Merchant Adoption Surge
Ripple USD’s arrival on Mesh’s expansive crypto payments network signals a powerful step toward mainstream adoption, blending regulatory trust with seamless, stable digital transactions for global commerce. RLUSD Joins Mesh’s…
Stablecoins Dominate Digital Asset Transactions in Sub-Saharan Africa, Surpassing Bitcoin
A study revealed that stablecoins represented 43% of cryptocurrency transactions in Sub-Saharan Africa in 2024, significantly outpacing bitcoin’s 18.1% share. Transaction Growth and Nigerian Dominance According to a study, stablecoins…
Report: Paxos Seeks US Trust Bank License From OCC
Paxos Trust Company, the cryptocurrency firm behind Paypal’s stablecoin PYUSD, is seeking a national trust bank charter from the U.S. Office of the Comptroller of the Currency (OCC), Reuters reported.…
Stablecoin Float Surpasses $270 Billion, Setting a New High
The stablecoin market’s total value has surpassed $270 billion, marking a new milestone for the sector, according to stats collected by defillama.com and artemisanalytics.com. Stablecoin Economy Climbs as Activity Broadens…
Animoca, Standard Chartered and HKT to Pursue Hong Kong Stablecoin License
Animoca Brands, Standard Chartered Bank Hong Kong (SCBHK), and HKT have launched Anchorpoint Financial Limited, a Hong Kong-based joint venture applying for a stablecoin issuer license under the city’s new…
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