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On Monday, stablecoin heavyweight Tether disclosed that it had assisted in freezing nearly $550 million in Iran-linked USDT. Yet that very same day, the Wall Street Journal (WSJ) published an…
Citigroup is teaming up with Coinbase to let corporate clients accept stablecoin payments without having to handle the tokens themselves. Coinbase will provide the blockchain infrastructure, while Citi converts incoming…
Ripple’s RLUSD added $82.1 million in a single day to hit a record $2.49 billion, leaving it roughly $248 million behind Paypal’s PYUSD, which is shrinking this year. A Near-Tie…
The Federal Reserve is proposing a rulebook for bank-issued payment stablecoins that gets strikingly specific. Basically, every $1 of tokens must be backed by at least $1 of permitted reserves,…
Tether co-founder Reeve Collins says the next generation of stablecoins will make collateral transparent onchain while separating yield from the token itself and distributing returns programmatically. He also expects AI…
A new report from Blackrock and new findings by the Bitcoin Policy Institute show that bitcoin is losing the agentic payment battle in the medium term at least, but the…
Coinbase CEO Brian Armstrong says USDC rewards should not be treated like bank-deposit interest, arguing that fully reserved stablecoins pose fundamentally different risks from fractional-reserve banking. His comments sharpen a…
Mastercard welcomed SoFi on Tuesday as the first nationally chartered bank to begin settling card transactions with stablecoins via the financial giant’s network. SoFi will use stablecoin settlement for its…
Reports indicate that scammers are taking advantage of the high level of adoption of USDT in Venezuela to send fake USDT tokens as payment. Scammers use fake USDT tokens with…
This week, Japan’s first licensed yen stablecoin, JPYC, landed on South Korea’s largest crypto exchange, Upbit, and promptly shot higher, briefly reaching the equivalent of more than 3 yen. At…