Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B
The stablecoin issuer’s US Treasury holdings are comparable to those of major foreign holders, while its Bitcoin reserves were valued at $8.37 billion at the…
Binance investigates potential multibillion-dollar hack
Binance said it is investigating a potential security breach after suspicious wallet transfers, while cofounder CZ reported nearly $1.8 billion in frozen…
From rivals to partners: Polygon and Solana team to bring stablecoin payments to banks
The two networks are setting aside their rivalry to connect Solana's stablecoin activity with Polygon's banking, wallet and payment infrastructure.…
Private, fast USDT is coming to Bitcoin. Can it compete with Ethereum and Tron?
USDT is coming home to Bitcoin, offering privacy and Lightningfast payments. But can Bitcoin’s revamped version of Tether compete with stablecoins on ETH and…
Former Swift CEO joins stablecoin firm OpenTrade as chairman
Lazaro Campos takes the board role as the Londonbased company reports $300 million in assets locked and more than $1 billion in annual transaction volume.…
XRP Ledger developers propose creating wallets with zero XRP for stablecoin payments
An experimental change would let companies cover the reserve for customer and AIagent accounts, allowing users to start with stablecoins without first…
Nearly 90% of large businesses are embracing tokenized cash to speed up payments: DBS
Stablecoins lead instruments in use or planned at 63%, ahead of tokenized deposits at 53% and tokenized money market funds at 52%. Source:CoinDesk
‘CryptoDad’ on stablecoins, bitcoin’s role in a portfolio and why he does not directly own any crypto
What former CFTC Chairman Chris Giancarlo tells his own children about buying their first crypto coin. Source:MarketWatch
Brazilian companies turned to stablecoins on election day to dodge a currency crash
USDT volume on crypto exchange Mercado Bitcoin jumped nearly 800% and bitcoin volume surged 865%. Binance’s USDT/BRL market tripled while the global BTC/USDT…
Robinhood taps Ripple’s $2.5 billion RLUSD stablecoin despite backing rival USDG
Robinhood helped launch a rival dollarbacked token, USDG, but will also offer Ripple's stablecoin to retail customers later this year. Source:CoinDesk
USDC overtakes USDT in euro stablecoin trading as EU rules reshape market: Kaiko
USDC’s share of euro stablecoin trading has climbed to 56% since January 2024, with deeper liquidity as exchanges restrict USDT under MiCA. Source:Cointelegraph
Japan's top yen stablecoin falls short of its target in a disappointing first year
CEO Noritaka Okabe blamed a 1 million yen pertransaction cap for Type II funds transfer providers, which has slowed corporate adoption. Source:CoinDesk