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Total Stablecoin Cap Falls $1.9 Billion This Week While Sky Dollar Leads the Slide

Tether lost $791 million this week, a single-token drop that accounted for 41% of the $1.9 billion pulled from the entire stablecoin market. Most of its top competitors also finished…

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Circle’s USDC Becomes First Stablecoin Supported by BNY Mellon for Institutional Clients

The Bank of New York Mellon (BNY), the oldest bank in the United States, has expanded its partnership with Circle to introduce new stablecoin services for institutional clients. Circle’s USDC…

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Coinbase Enables Stablecoin Payments Across Checkout.com’s 1,000+ Merchant Network

Coinbase enables Checkout.com merchants to accept USDC and USDT through existing checkout systems. More than 1,000 enterprise customers can add stablecoin payments while settling in U.S. dollars. Checkout.com Partnership Pushes…

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Zama Users Lose Access to $12.6M USDC After Circle Executes Court-Ordered Blacklist

Circle blacklisted a publicly labeled Ethereum smart contract tied to Zama’s privacy protocol on Saturday, freezing approximately $12.6 million in USDC following a U.S. federal court order connected to a…

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Gravity Bridge Drained of $5.4 Million as Hacker Routes Stolen Funds Through Binance

Cross-chain protocol Gravity Bridge was drained of roughly $5.4 million on May 30, with the attacker reportedly funneling part of the haul through Binance and Changenow, blockchain security firm Peckshield…

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