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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...
First Digital to 'Pursue Legal Action' Over Justin Sun Allegations as FDUSD Drops
2.4.2025
The stablecoin deviated from its price peg as Tron founder Justin Sun claimed that First Digital Trust is "effectively insolvent," a characterization the company pushed back on
SMBC, Ava Labs, Fireblocks sign MoU for stablecoin framework in Japan
2.4.2025
Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and digital asset infrastructure company Fireblocks, have signed an agreement to explore...
Ripple Integrates RLUSD Stablecoin Into Cross-Border Payments System
2.4.2025
Ripple USD's market cap reached $244 million since its December debut, growing 87% over the past month
Tron's Justin Sun Bailed Out TUSD as Stablecoin's $456M Reserves Were Stuck in Limbo, Filings Show
2.4.2025
Techteryx says it was the victim of what it called "large-scale fraud" rendering TUSD's stablecoin reserves stuck in illiquid investments made without its permission
Japanese Banking Giant SMBC Explores Stablecoin Use With Ava Labs, Fireblocks
2.4.2025
Sumitomo is the latest example in a roster of firms eyeing the booming stablecoin market, which has grown 50% to around $230 billion in a year
Avalanche stablecoins up 70% to $2.5B, AVAX demand lacks DeFi deployment
2.4.2025
Avalanche saw a significant surge in stablecoin supply over the past year, but the onchain deployment of this capital points to passive investor behavior, which may be limiting demand for the network’s utility token.The stablecoin supply on the Avalanche network rose by over 70% over the past...
Japan’s Sumitomo Mitsui Group Unites With Avalanche, Fireblocks For Stablecoin Venture
2.4.2025
Japan’s Sumitomo Mitsui Financial Group has decided to collaborate with US companies to develop stablecoins pegged to fiat…
Stablecoin Issuer Circle Files for IPO
2.4.2025
Circle Internet Group Inc., a leading stablecoin operator, is aiming to go public with an S-1 filing that outlines major opportunities and challenges in the fast-evolving digital finance sector. Circle’s High-Stakes Leap Into Public Trading Circle, the issuer behind the widely circulated stablecoin...
Stablecoin Giant Circle Files for IPO
1.4.2025
If approved, the stock of the company will be trading on the New York Stock Exchange under the symbol "CRCL."
$10.1B Floods Into Stablecoins in March — Sector Sees Major Capital Inflow
1.4.2025
The stablecoin economy expanded notably in March, posting a 4.52% increase over the month. Roughly $10.148 billion flowed into the fiat-pegged sector during the 31-day stretch. March Stablecoin Boom The stablecoin sector has maintained its upward momentum, expanding 15.57% since the beginning...
Tether Bought 8,888 Bitcoin in Q1 for $735M; Total Holdings Rise to 92.6K
1.4.2025
The giant stablecoin issuer funnels 15% of quarterly profits into BTC as a reserve asset, a strategy in place since May 2023
Trump-linked crypto ventures may complicate US stablecoin policy
1.4.2025
A US dollar-pegged stablecoin launched by a cryptocurrency platform tied to US President Donald Trump’s family could complicate ongoing bipartisan efforts to pass stablecoin legislation in Congress, raising concerns about potential conflicts of interest.The Trump-linked World Liberty...