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The U.S. state of Wyoming has identified nine candidate blockchains to host its upcoming stablecoin, dubbed WYST. The state has selected Layerzero, an omnichain interoperability protocol, as the top-ranked vendor…
Fidelity Investments is reportedly planning to launch its own stablecoin, marking its entry into tokenized U.S. Treasuries. Changing Environment Under Trump Administration Fidelity Investments, the Boston-based $5 trillion asset management…
The stablecoin economy has soared to an unprecedented zenith this week, buoyed by a $10.28 billion expansion in March, propelling its total valuation to $234.60 billion. Concurrently, Circle’s USDC has…
Circle secures Japan’s first stablecoin approval, unleashing a new era of digital finance, trading, and payments through a groundbreaking partnership with SBI Holdings. ‘First and Only Stablecoin’ Approved for Use…
First-ever tokenization of U.S. dollar bank deposits on Ethereum signals a seismic shift in traditional finance, with stablecoins now fully regulator-approved. Custodia and Vantage Bank Complete Historic Stablecoin Transaction on…
The announcement comes at a time when two landmark stablecoin bills are making their way through Congress. New Stablecoin Coming Soon from Trump-Backed World Liberty Financial World Liberty Financial (WLFI)…
Tether, the largest stablecoin company in the cryptocurrency space, has become one of the largest buyers of U.S. treasuries as a way of backing the value of the over 140…
Utila has announced the successful completion of an $18 million Series A funding round, led by Nyca Partners, to enhance its institutional digital asset operations platform. The company, which has…
The stablecoin market has seen explosive growth in 2024, with total supply reaching $214 billion and transfer volume hitting $35 trillion, according to a new report by Dune Analytics and…
While the crypto market contracted over the past two weeks, the stablecoin sector has ballooned by $4.23 billion since March 1, defying the broader trend. Digital Dollars Dominate With Over…