Stablecoins

Japanese TradFi giant Sumitomo Mitsui Financial Group announced plans to launch a fiat-backed stablecoin on the … Japanese TradFi giant eyes stablecoin launch with Ava Labs, FireblocksRead more

Ripple has integrated RLUSD into its enterprise-grade cross-border payments platform, Ripple Payments, amid a 118% monthly … RLUSD joins Ripple Payments platform amid 118% monthly growthRead more

Circle has formally filed an S-1 application to conduct an initial public offering (IPO), according to … Circle formally files for IPO, seeks listing on NYSE under ‘CRCL’ tickerRead more

The House Committee on Financial Services has confirmed that the markup session for the Stablecoin Transparency … House Committee to review STABLE Act amid controversy over yield-bearing stablecoins banRead more

After years of delays and a collapsed SPAC deal, Circle is finally moving toward a traditional … Circle taps JPMorgan, Citi amid plans to file for IPO by April-endRead more

Tether, the issuer of the world’s largest stablecoin USDT, acquired 8,888 Bitcoin in the first quarter … Tether strengthens Bitcoin portfolio with 8,888 BTC acquisition, sits on unrealized profit of $3.86 billionRead more

Coinbase CEO Brian Armstrong has called on lawmakers to support stablecoin legislation that allows consumers to … Coinbase CEO urges lawmakers to unlock stablecoin interest for fairer financial accessRead more

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is exploring the … NYSE parent company exploring Circle’s USDC and USYC stablecoins for financial systemsRead more

The average stablecoin liquidity per token declined from $1.8 million in 2021 to just $5,500 in … Protocols must prove demand as stablecoin liquidity per token falls 99%Read more