Stablecoins

Fintech firms are likely to report "solid" results for the second quarter, while projecting accelerated sequential revenue growth for the third quarter, according to Seaport Research Partners. Analyst Jeff Cantwell said in the note that risks to revenues and earnings from tariff-related impacts "...

Crypto exchange Bitrue on Thursday rolled out USD1, a stablecoin backed by World Liberty Financial and closely associated with the Trump family, as a base trading currency. Speaking with Benzinga, Bitrue's Chief Marketing Officer Adam O'Neill acknowledged that the Trump-linked USD1 could face...

Ant Group, the Chinese fintech powerhouse backed by Jack Ma, is reportedly planning to integrate Circle's USDC (CRYPTO: USDC) stablecoin into its global blockchain platform. Quoting people familiar with the matter, Bloomberg reported on Thursday that the move is contingent on USDC achieving full...

Stablecoin issuer Circle (NYSE:CRCL) has reportedly struck a revenue-sharing agreement with Bybit, the world's second-largest crypto exchange, as part of its ongoing effort to expand the reach of its U.S. dollar-pegged USDC (CRYPTO: USDC) token, according to sources familiar with the deal. While...

Ripple (CRYPTO: XRP) has announced that the Bank of New York Mellon (NYSE:BKAG) will serve as the primary custodian for reserves backing its U.S. dollar-pegged stablecoin RLUSD. This move marks a significant step toward boosting institutional trust in the stablecoin sector, as well as ensuring...

Stablecoins are now facilitating nearly $800 billion in digital transactions each month, positioning themselves as credible challengers to traditional payment networks like Visa (NYSE:V), according to Grayscale's June 2025 market report. The surge in usage is occurring alongside a wave of favorable...

Ripple's U.S. dollar-pegged stablecoin RLUSD has surpassed $500 million in circulation just seven months after launch, placing it among the top 20 dollar-denominated stablecoins in the market. What Happened: The token, which operates on both the XRP (CRYPTO: XRP) Ledger and Ethereum (CRYPTO: ETH),...

Ripple's (CRYPTO: XRP) bid for a U.S. national banking license has been described by industry experts as a potential turning point for the company and the broader stablecoin ecosystem, as it positions Ripple to issue and move stablecoins under federal oversight without reliance on traditional banks...

Arthur Hayes has laid out a detailed case for why the U.S. government, through Treasury Secretary Scott Bessent's policies, is increasingly leaning on stablecoins as a financial tool to help fund growing federal deficits while keeping bond yields contained. "The real stablecoin play isn't betting...

Financial analyst and strategist Tom Lee stated Monday that Ethereum (CRYPTO: ETH) will play a crucial role in the banking sector’s future, highlighting the rationale for buying and holding the second-largest cryptocurrency in reserves. What Happened: During a CNBC interview, Lee was...

BIMA, a decentralized finance (DeFi) platform focused on Bitcoin (CRYPTO: BTC)-backed stablecoins, announced on Monday the launch of real-yield vaults for its USBD stablecoin in collaboration with Bracket, a DeFi strategy provider supported by Binance Labs. The partnership will allow BIMA users to...

UAE-based Web3 fund Aqua 1 has acquired $100 million worth of governance tokens from World Liberty Financial (WLFI) as part of a strategic effort to expand decentralized finance (DeFi) adoption and governance participation. The purchase aims to support WLFI's decentralized platform, which focuses...

Rep. Adam Schiff (D-Calif.) introduced legislation Monday aimed at curbing the alleged corruption in cryptocurrency ventures by President Donald Trump and other senior administration officials. What Happened: In a video posted on X, Schiff said the so-called COIN Act wants...

Circle Internet Group Inc (NYSE:CRCL) shares are trending on Monday as the stock trades at all-time highs. The company announced a partnership with Fiserv to develop stablecoin-enabled solutions. What Happened: Circle Internet Group announced a strategic collaboration on Monday to jointly explore...

A stablecoin bill sprinting toward the legislative goal line could unleash trillions in global demand for U.S. Treasuries and cement the dollar's dominance in digital finance—at least if White House crypto adviser David Sacks gets his wish. But with President Donald Trump's family-linked crypto...