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$250B in Sight: Stablecoin Market Nears Milestone Within Striking Distance


According to current data, the stablecoin market expanded by approximately $1.31 billion over the past week, lifting the total market capitalization of fiat-linked digital assets to $247.578 billion. This places the stablecoin sector just $2.422 billion shy of the $250 billion threshold. Stablecoin...

US court freezes $57M USDC allegedly linked to LIBRA scandal


A US federal court has frozen around $57.65 million worth of the stablecoin USDC in a class action case over the controversial Libra memecoin.Onchain data shared with Cointelegraph by the class group’s lawyer, Max Burwick, shows nearly $57 million worth of USDC (USDC) was frozen on May...

US court freezes $57M USDC allegedly linked to LIBRA scandal


A US federal court has frozen around $57.65 million worth of the stablecoin USDC in a class action case over the controversial Libra memecoin.Onchain data shared with Cointelegraph by the class group’s lawyer, Max Burwick, shows nearly $57 million worth of USDC (USDC) was frozen on May...

USDC issuer Circle moves forward with initial public offering on NYSE


Circle, the issuer of USDC, the second-largest stablecoin by market capitalization, has launched an initial public offering (IPO) of 24 million shares of its Class A common stock, the company said on May 27.The firm has applied to list its Class A common stock on the New York Stock Exchange (NYSE)...

USDC issuer Circle moves forward with initial public offering on NYSE


Circle, the issuer of USDC, the second-largest stablecoin by market capitalization, has launched an initial public offering (IPO) of 24 million shares of its Class A common stock, the company said on May 27.The firm has applied to list its Class A common stock on the New York Stock Exchange (NYSE)...

USDC issuer Circle moves forward with initial public offering on NYSE


Circle, the issuer of USDC, the second-largest stablecoin by market capitalization, has launched an initial public offering (IPO) of 24 million shares of its Class A common stock, the company said on May 27.The firm has applied to list its Class A common stock on the New York Stock Exchange (NYSE)...

Circle taps Onafriq to cut Africa’s cross-border payment costs with USDC


Stablecoin issuer Circle has partnered with Onafriq, Africa’s largest payments gateway, to reduce the high cost of cross-border payments across the continent using USDC.According to a press release shared with Cointelegraph, Circle aims to pilot USDC (USDC) settlements within Onafriq’s...

Stablecoin Market Adds $4.58B in One Week, Nears $240B Milestone


While the broader crypto market enjoyed steady gains last week, the stablecoin sector expanded notably, contributing an additional $4.581 billion to the fiat-linked crypto ecosystem. Fiat-Linked Tokens Expand Amid Market Volatility As of press time on Sunday, the stablecoin economy holds...

Sony Electronics Singapore Partners With Crypto․com to Accept USDC Payments


Sony Electronics (Singapore) Pte. Ltd. (SES) has announced a partnership with Crypto.com to accept USDC, a U.S. dollar-pegged stablecoin, for direct payments on Sony Store Online. This integration aims to make cryptocurrency payments more accessible to consumers, particularly tech-savvy shoppers....

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