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The premise is driven by Treasury Secretary Scott Bessent’s agenda to engineer a liquidity injection that resembles past Federal Reserve interventions, said Hayes in a lengthy blog post on July…
The Donald Trump-affiliated DeFi project, World Liberty Financial, is receiving considerable interest from public companies that want to hold its native WLFI token as a treasury asset, according to a…
The total circulating supply of USDT on the Tron blockchain (TRC-20) has surpassed $80 billion, according to the latest data from CryptoQuant. This figure marks a major milestone for the…
Circle Internet Financial, the issuer of the second-largest stablecoin USDC, has achieved a market valuation of $66.9 billion, eclipsing the entire $61.3 billion circulating supply of its own dollar-pegged token.…
Cryptocurrency crime may be evolving, but the share of illicit such transactions remains strikingly small. According to TRM Labs’ latest annual report on crypto crime, just 0.4% of all digital…
Tether, the issuer of the world’s largest stablecoin, has been commended by the U.S. Department of Justice (DOJ) for assisting in a major enforcement operation. The collaboration led to the…
The total stablecoin supply has surpassed $250 billion for the first time, according to the latest stats shared by Delphi Digital. Yield-bearing stablecoins are expanding rapidly, with Ethena alone reaching…
ARK Invest, led by Cathie Wood, has sold another $44.76 million worth of shares in Circle Internet Group Inc. (CRCL). This came just a day after the company sold $51.7…
The US Senate has passed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in a 68 to 30 vote on June 17. The landmark bill sets the…
Former BitMEX CEO Arthur Hayes has stated that Circle’s recent IPO is the starting gun for a “stablecoin mania” bubble, cautioning investors of impending carnage. The warning, detailed in Hayes’…