Stablecoins
Lawmakers call for stablecoin regulation, criticize SEC’s enforcement approach
Commissioner Hester Peirce testified during the hearing and stated that the agency can provide clarity but failed to do so.
Assad Jafri 3 min read
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Sky, formerly known as MakerDAO, to launch USDS on Solana via Wormhole
The DeFi protocol plans to introduce a short-term liquidity incentive program to drive its adoption on Solana.
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Societe Generale’s EURCV looks to Solana for stablecoin success after PayPal’s PYUSD rise
Societe Generale aims for DeFi integration with expansion to the Solana network.
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Terraform Labs secures court approval to wind-down operations after settling with SEC
US Bankruptcy Judge Brendan Shannon approved Terraform's bankruptcy plan in Wilmington, Delaware, giving a green light to the wind-down.
Adoption
Louisiana continues pro-crypto push with option to pay state agencies in Bitcoin, USDC
The Louisiana Department of Wildlife and Fisheries will be the first agency to accept these payments, with the possibility of expansion to other state departments in the future.
Stablecoins
Revolut in advanced stages of plan to launch its own stablecoin
London's fintech leader is looking to compete with industry giants like PayPal by developing its own stablecoin.
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wBTC co-creator BitGo challenges Tether, Circle with reward-focused USDS stablecoin
The stablecoin industry has attracted significant attention from institutional investors during the past year.
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Circle integrates USDC in Brazil and Mexico via national payment systems
This movement will allow users to buy USDC directly using Brazilian Reais and Mexican Pesos, reducing conversion costs to U.S. dollars.
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Circle taps Sui blockchain for wider USDC integration
Sui blockchain has also announced a new partnership with famed automaker, DeLorean.
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Tether’s USDT hits 75% market share amid record exchange balances
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TRON DAO partners with Tether to freeze $12M USDT in anti-crime push
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USDC positions to be native stablecoin on Sony Soneium blockchain
Adoption
