Stablecoin

The team behind First Digital USD (CRYPTO: FDUSD) addressed concerns regarding financial stability Wednesday after the dollar-backed stablecoin briefly depegged following allegations of insolvency by cryptocurrency entrepreneur Justin Sun. What Happened: First Digital confirmed that it has...

Circle Internet Financial, the company behind USD Coin (CRYPTO: USDC), is showing a mixed financial picture ahead of its planned public listing, with revenue up by 16%, but profitability down due to higher costs and increased redemptions. What Happened: In a post dissecting the newly filed S-1...

Coinbase (NASDAQ:COIN) CEO Brian Armstrong is making a strong case for unlocking onchain interest for stablecoins, arguing that it offers a practical path to empowering consumers, expanding global financial access and reinforcing U.S. dollar dominance in the digital era. What Happened: In a blog...

Circle Internet Financial, the company behind the (CRYPTO: USDC) stablecoin, is reviving its public listing ambitions and is reportedly preparing to file for an initial public offering by late April. What Happened: The crypto-focused fintech is working with JPMorgan Chase (NASDAQ:JPM) and Citi as...

Ripple (CRYPTO: XRP) may have cleared a major legal hurdle, but industry experts are divided on whether XRP is positioned to benefit from the recent stablecoin rally. What Happened: Ripple Labs is set to settle its long-running legal battle with the SEC, agreeing to a revised $50 million penalty—...

Leading stablecoin issuer Circle announced the launch of its USD Coin (CRYPTO: USDC) in Japan on Tuesday through a joint venture with financial conglomerate SBI Holdings Inc. (OTC:SBHGF). What Happened: According to a press release, Circle will utilize its Japanese subsidiary, Circle...

Cryptocurrency market observers noticed the presence of a stablecoin called World Liberty Financial USD (USD1) on the BNB Chain (CRYPTO: BNB) on Monday. However, the platform it was named after hasn’t made any official announcements yet. What happened: In an X post, Binance co-founder...

World Network (CRYPTO: WLD) was one of the cryptocurrency market’s hottest coins Monday, amid speculation about a deal with Visa Inc. (NYSE:V) to build a new stablecoin wallet. What happened: WLD, the native currency of the decentralized identity verification project, jumped over 11%,...

Stablecoins are rapidly evolving beyond their original role as digital cash substitutes, with a new generation of yield-bearing and revenue-sharing models reshaping how these assets are used in financial ecosystems, according to a report. What Happened: The report, by Foresight Ventures, explores...

One month into Donald Trump's presidency, the cryptocurrency industry's euphoria over anticipated deregulation is giving way to a sobering realization: meaningful change may take years, not weeks. At a Denarii Labs-hosted panel titled “Regulatory Crossfire: What's Next for Crypto in 2025,...

Stablecoins are the future of commerce, according to Tom Vieira, Head of Product for Base, Coinbase's (NASDAQ:COIN) Ethereum (CRYPTO: ETH) Layer-2 network. He highlighted on Friday their role in driving a global on-chain economy. What Happened: Speaking with Benzinga in an interview, Vieira pointed...

Stablecoins are becoming a significant force in financial markets, but their impact is concentrated outside of traditional payments, according to a new report by Bernstein on Wednesday. While their market capitalization has surged to approximately $220 billion—marking a 74% increase compared to...

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong underscored the need for comprehensive legislation regarding token classification and stablecoins to drive capital flows into the cryptocurrency market on Thursday. What Happened: During the company’s fourth-quarter 2024 earnings...

The European Central Bank (ECB) is hopeful that the recent support for dollar-pegged cryptocurrencies from U.S. President Donald Trump will speed up the legislative approval process for the digital euro. What Happened: ECB board member Piero Cipollone conveyed optimism that Trump’s...

A report on Friday indicated a potential tactical trading opportunity in Ethereum (CRYPTO: ETH), targeting a 20% gain with a prudent 5% stop-loss. What Happened: 10x Research believes that a combination of supportive policies, increased stablecoin inflows, and a technical breakout pattern make...