Stablecoins
Institutional

Senators urge Treasury ensure state authority in GENIUS application

A bipartisan group of US senators told the Treasury that its application of stablecoin laws should be done in a…
DeFi

Solstice’s Ryan Day on why sustainable DeFi yield depends on business fundamentals, not token incentives

Crypto yield has always carried a credibility problem. The same market that learned to demand proof after incentive-heavy protocols unwound…
Institutional

U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process

Senators led by Republican Cynthia Lummis are insisting the Treasury Department ensure states get a process to prove their ability…
Infrastructure

Ripple invests in Flutterwave, pushing its stablecoin and XRP Ledger into payments across Africa

The deal values Flutterwave at $3.2 billion, and will integrate Ripple’s RLUSD and the XRP Ledger network to speed cross-border…
Institutional

State Street targets stablecoin reserve boom with new money market fund

The asset manager joins BlackRock, Franklin Templeton and others competing to manage reserves backing the growing stablecoin market. Read Full…
Institutional

Scale of Stablecoin Adoption in Nigeria Makes Risks 'More Pronounced', Says IMF

Efforts to suppress stablecoin use are “likely to be only partly effective,” the International Monetary Fund’s researchers said. Read Full…
Institutional

Michael Saylor’s Strategy Acquires Another 1,587 Bitcoin for $100 Million as Holdings Reach 846,842 BTC

Strategy bought 1,587 bitcoin for about $100 million at an average of $63,024, lifting holdings to 846,842 BTC, while also…
Stablecoins

Trump crypto company's USD1 stablecoins backing UFC event bonuses

A spokesperson for the Democratic National Committee decried the move as “an opportunity to use the power of the presidency…
Payments

Paradigm Leads $9 Million Round in Latin American Stablecoin App El Dorado

Paradigm has led a roughly $9 million round in El Dorado, the stablecoin-powered payments app that has signed up more…
AI

SIREN Token Crashes 95% in a Week After Whale Sells 670M Tokens for $64.8M

A single dominant wallet offloaded roughly 92% of SIREN’s total supply across two days, collecting $64.8 million in Tether and…