US Treasury sanctions over 100 ISIS-K crypto addresses that moved over $1.4 million
ISISK allegedly used its media wing to solicit donations via Tron, Monero, and Bitcoin, highlighting stablecoin issuers' growing role in sanctions enforcement.…
Aave brings V3 lending and GHO stablecoin to Monad
Aave launched its V3 lending protocol on Monad with 12 supported assets as the network commits $15 million in firstyear incentives to build liquidity and…
Yield-bearing stablecoin slowdown ends three-year run for crypto-native products
Yieldbearing stablecoin supply fell 15% in Q2 as sUSDe and sUSDS contracted, while Treasurybacked products including BUIDL, USYC and USDY continued to grow.…
Jefferies warns against buying the dip in Circle as Open USD raises new competition fears
The investment bank said new competition from the Stripe and Coinbasebacked stablecoin consortium could pressure USDC's growth. Source:CoinDesk
French banking giant Crédit Agricole rolls out euro stablecoin, EURXT
EURXT debuted with 20 million tokens in circulation, backed 1:1 by euro reserves at Caceis Bank, and competes with Circle's EURC and SocGen's EURCV.…
Europe is rewriting its landmark crypto rulebook MiCA as hard July 1 deadline passes
The EU is reviewing whether its landmark crypto regulation MiCA needs updating for a market reshaped by stablecoins and tokenization. Source:CoinDesk
French banking giant Crédit Agricole launches EURXT euro stablecoin
Crédit Agricole’s CACEIS launches a europegged stablecoin on Ethereum with 20.02 million tokens issued, targeting institutional flows and tokenized fund…
Taiwan’s legislature passes crypto, stablecoin regulations
Taiwan’s legislative branch has passed the nation’s first crypto and stablecoin rules, which aim to integrate the country with the global crypto market.…
Financial companies join forces for US dollar stablecoin, keeping reserve earnings
The project, supported by Visa, Mastercard and many crypto companies, could be in a position to challenge Tether’s USDT and Circle’s USDC, currently the two…
Why OpenUSD's 'real threat' that tanked Circle stock still faces a steep uphill battle for adoption
The Stripe and Coinbasebacked stablecoin consortium can challenge Circle's business model, but analysts say building a network is harder than assembling…
Business use of stablecoins set for growth surge: Cybrid report
The majority of businesses surveyed are likely to use stablecoins within the next 12 months, while regulatory clarity remained the biggest barrier to wider…
Circle slides 8% as Stripe, Coinbase and BlackRock back rival stablecoin network
Open Standard's Open USD aims to let partners keep reserve income and eliminate minting fees, challenging Circle's USDC. Source:CoinDesk