Stablecoins
Binance allegedly wrote the code for WLFI’s stablecoin USD1
Binance facing scrutiny over reported involvement in Trump's affiliated stablecoin USD1 and its potential consequences.
Assad Jafri 3 min read
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Ethena rockets to $290 million in revenue, seeks SEC clarity on USDe
The protocol was the second-fastest to reach $100 million in revenue, but its main product is still in a regulatory gray area in the US.
Stablecoins
Circle eyes China market Alipay integration amid reported Ant Group partnership
The USDC stablecoin seeks a competitive edge over Tether with potential integration into Ant Group's blockchain infrastructure.
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Ripple appoints BNY Mellon as custodian for RLUSD reserves as supply tops $500M
BNY Mellon will be tasked with facilitating Ripple's efficient enterprise-level cross-border transactions with RLUSD.
Stablecoins
Stablecoin issuers’ $182 billion US Treasury hoard ranks 17th among countries, beating UAE and South Korea
Taken together, those issuers reach $182.4 billion, enough to leapfrog South Korea and the United Arab Emirates, and fall just shy of Norway.
Contributor
Crypto
The capital migration that could reshape finance
Capital migration shifts financial architecture from fractional banks to blockchain systems, sparking a fight over digital dollar issuance and liquidity creation.
Stablecoins
Tether holds $8 billion worth of gold in Swiss vault, matching UBS exposure
Gold now represents nearly 5% of Tether’s $112 billion reserve portfolio, according to a March attestation.
Regulation
EU grants MiCA licenses to 53 crypto firms, Tether and Binance left behind
More than 50 firms have secured MiCA licenses, bypassing jurisdictional hurdles across 30 EEA countries.
Stablecoins
Shenzhen warns citizens of investment scams using stablecoins
Local authorities alert residents to beware of fraudsters using stablecoins as a front for pyramid schemes.
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Russian defense conglomerate Rostec to launch ruble-pegged stablecoin on TRON
Stablecoins
Hong Kong activates stablecoin licensing on August 1 in major digital asset push
Mining
Tether and Adecoagro join forces on renewable-powered Bitcoin mining venture
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