
Stablecoin decline as ETH staking, Layer-2s see major growth in Q2 2023
Increasing dominance of Bitcoin and Ethereum, the decline in stablecoin market cap, and the growth impact of Ethereum's Shapella upgrade.
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.

South Korean banks' see growing trend towards certificate of deposit tokens as stablecoin alternatives.

The firm behind TerraUSD and Luna has selected Chris Amani as its next leader.

EBA issued five guiding principles for the stablecoin issuers to comply with.

Multichain is down for over 30 hours after the hack while $67.5 million of stolen assets have been frozen and $1.85 million tokens burned.

Bitwage warned that users who fauiled to remove their USDC allocation by July 13 would have their accounts reset.

Circle's USDC seeks to transform Asia's financial infrastructure, leveraging the USD's dominance in trade invoicing.



