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SEC paints 'a distorted picture' of USD-stablecoin market — Crenshaw
5.4.2025
US Securities and Exchange Commission (SEC) Commissioner and vocal crypto critic Caroline Crenshaw has accused the US regulator of downplaying risks and misrepresenting the US stablecoin market in its newly published guidelines.However, many in the crypto industry see the SEC’s decision as...
$50 Million Bounty Offered by Tron’s Justin Sun to Recover Stolen Trueusd Reserves
4.4.2025
Tron founder Justin Sun has announced a $50 million bounty for information to help recover $456 million in misappropriated Trueusd stablecoin reserves. Sun Blames Licensed Intermediaries Tron founder Justin Sun has announced a $50 million bounty for information that will aid in the recovery of $456...
Codex to build stablecoin-only blockchain, disavowing ‘general-purpose’ chains — Report
4.4.2025
Blockchain startup Codex has raised $15.8 million to build a layer-2 network specifically for stablecoins, signaling that more builders are rushing to capitalize on the growing industry and regulatory alignment around fiat-backed stable assets. The seed round was led by Dragonfly Capital, with...
Stablecoin firm Circle mulls IPO delay amid economic uncertainty — Report
4.4.2025
Stablecoin firm Circle, the issuer of the USDC (USDC) dollar-pegged token, is reportedly mulling a delay of its initial public offering (IPO) plans amid the macroeconomic uncertainty created by the Trump administration's trade policies. According to The Wall Street Journal, “Circle had been...
Crypto-to-Fiat App P2P.me Raises $2M from Multicoin and Coinbase Ventures
4.4.2025
The peer-to-peer app is bringing stablecoin payments into the QR code economy
Two Roads Diverged: Choosing the Right Path on Stablecoin Legislation
4.4.2025
Privileging U.S.-based stablecoin issuers over issuers abroad is shortsighted and will stifle innovation, says MoonPay CEO Ivan Soto-Wright
Stablecoin supply surges $30B in Q1 as investors hedge against volatility
4.4.2025
Despite a $30 billion surge in stablecoin supply to new record levels, cryptocurrency investors remain cautious as they await market stability amid US tariff fears.The total stablecoin supply rose by more than $30 billion in the first quarter of 2025, even as the overall crypto market...
Stablecoin adoption grows with new US bills, Japan’s open approach
4.4.2025
Stablecoins are front and center of late: critical bills have made their way through US Congress, First Digital’s coin briefly depegged over reserve concerns, and Coinbase’s efforts to take on banks saw pushback from lawmakers — to name just a few recent headlines.Dollar-backed...
First Digital redeems $26M after FDUSD depeg, dismisses Sun insolvency claims
4.4.2025
First Digital has redeemed almost $26 million in stablecoin withdrawals after its FDUSD token briefly lost its US dollar peg following allegations of insolvency by Tron founder Justin Sun.First Digital USD (FDUSD) depegged on April 2, briefly falling as low as $0.87 after Sun claimed that First...
Circle President: ‘The World Yearns for US Crypto Regulation’
4.4.2025
In a recent interview, former CFTC Chair and Circle President Heath Tarbert ascertained that the world was looking to the U.S. regarding crypto and stablecoin regulation to follow suit. For stablecoins, this is a pretty straightforward matter, he assessed. Circle Believes the World Is Looking...
Brazil’s Largest Bank Itaú Unibanco Mulls Its Own Stablecoin
3.4.2025
The bank’s decision will depend on regulatory developments in Brazil and the success of stablecoin rollouts by U.S. financial institutions
Largest Bank in Brazil Mulls Stablecoin, Awaits Regulation
3.4.2025
Itaú Unibanco, the largest banking institution in Brazil, is considering the issuance of a stablecoin, cautiously hoping to learn from the experiences of American banks and the final stablecoin regulations in the country. Itaú Unibanco Talks in-House Stablecoin, Regulation in Brazil Banks from...
Nonco Launches FX Onchain Initiative on Avalanche, Aiming to Bridge Institutional FX Liquidity With Stablecoins
3.4.2025
Nonco, an institutional digital asset trading firm, has launched its foreign exchange (FX) onchain initiative on the Avalanche network, aiming to bridge institutional FX liquidity with the stablecoin market. The FX Onchain protocol, built on Avalanche’s C-Chain, automates conversions between local...
US House committee passes stablecoin-regulating STABLE Act
3.4.2025
The US House Financial Services Committee has passed a Republican-backed stablecoin framework bill, which will now head to the House floor for a full vote.The Committee passed the Stablecoin Transparency and Accountability for a Better Ledger Economy, or STABLE Act, with a 32-17 vote on April...
U.S. House Committee Advances Stablecoin Bill, While Dems Warn of Trump Conflicts
3.4.2025
Though many Democrats on the House Financial Services Committee voted with Republicans to move the bill, they raised flags about the Trump-tied stablecoin
Ripple USD Explodes Onto Kraken as RLUSD Crosses $10B in Volume
3.4.2025
Ripple’s RLUSD just hit crypto exchange Kraken, boasting over $10 billion in volume and a soaring $250 million market cap as it powers real-world DeFi and enterprise payments. RLUSD Goes Live on Kraken—$10B in Ripple USD Volume Signals Massive Momentum Ripple’s stablecoin gained new visibility...
FDUSD Depegs After Justin Sun Alleges First Digital Is ‘Insolvent’ Amid $456M Dispute
2.4.2025
First Digital’s stablecoin, FDUSD, slipped almost 10% today, falling below its intended peg after news broke of a lawsuit targeting the company’s CEO. Adding fuel to the fire, Tron founder Justin Sun took to X on Wednesday, declaring First Digital “insolvent.” Stablecoin FDUSD Slips as Legal...
Lawmaker alleges Trump wants to replace US dollar with his stablecoin
2.4.2025
California Representative Maxine Waters, ranking member of the US House Financial Services Committee, used her opening statement at a markup hearing to criticize President Donald Trump’s business and ethical entanglements with the crypto industry, including the launch of a stablecoin by...
Ripple’s RLUSD Stablecoin Nears $250M Market Cap Amid Payments Expansion
2.4.2025
Ripple has integrated its USD-backed stablecoin, RLUSD, into its Ripple Payments platform to streamline cross-border transactions for enterprise clients, with the asset nearing $250 million in market capitalization since its December 2024 launch. Ripple Adds Enterprise Stablecoin RLUSD...
FDUSD stablecoin depegs following claims made by Justin Sun
2.4.2025
The First Digital US-dollar pegged stablecoin (FDUSD) depegged on April 2 following claims of insolvency from Tron network founder Justin Sun, who said that the issuer of the tokenized fiat equivalent, First Digital, is insolvent.First Digital responded to the claims by assuring users that...