Aptos has crossed a notable stablecoin milestone, but its native token is not exactly celebrating. USDT supply on the network has moved beyond $1.1 billion after crossing $1 billion earlier this year, with Tether’s stablecoin now accounting for roughly 79% of the network’s stablecoin value. Yet APT remains stuck near its lows. Aptos Stablecoin Growth …
On a16z crypto podcast, the CLARITY Act debate circled back to one big uncomfortable question that ‘could clearer rules have made another FTX-style collapse less likely?’ As per comments from the August 1st podcast, the answer was mostly ‘yes’ at least when it comes to oversights, audits, and accountability for crypto exchanges. The discussion resurfaced …
Circle reported $701 million in Q2 2026 revenue and reserve income, up 7% year over year, as USDC circulation increased 19% to $73.3 billion. The company also said onchain transaction volume surged 151% to $14.8 trillion, while adjusted EBITDA rose 8% to $143 million. Looking ahead, Circle plans to launch the Arc public mainnet on …
XRP price is sitting just above the crucial $1.00 support level, but the chart still paints a cautious picture. While the token remains trapped inside a multi-year falling wedge, Ripple ecosystem is heading in almost the opposite direction and quietly expanding the infrastructure it believes institutional finance will need for tokenized capital markets. Ripple Deepens …
Tether reported that its excess reserves fell from a record $8.23 billion at the end of the first quarter to $4.11 billion as of June 30. While the company posted $1.5 billion in Q2 net operating profit, its first-half comprehensive financial result was approximately negative $3.17 billion. Combined with its previously reported Q1 net profit …
A rewards subsidiary of Kansai Electric Power has launched a loyalty-points conversion route into JPYC on Polygon, giving Japanese users a small but...
Stablecoins may have faced a softer quarter overall, but Tether continued moving in the opposite direction. The company reported $1.5 billion in net operating profit for Q2 2026, expanded its reserve surplus to $4.11 billion, and increased physical gold holdings to more than 146 tons, reinforcing its position as the largest stablecoin issuer by market …
Samsung Wallet will add stablecoin support as the company expands the app into a broader financial platform. Announced at the Galaxy Unpacked event, the update will let users manage new forms of digital value alongside payments and rewards. Samsung showcased a wallet interface featuring Circle’s USDC, although it did not confirm partnerships with any stablecoin …
Robinhood Chain isn’t wasting time trying to prove its relevance. Just three weeks after launch, the Ethereum-compatible Layer 2 has already accumulated around $700 million in onchain assets, signaling that Robinhood’s push to bring traditional finance onchain is gaining early traction. Built on Arbitrum technology, Robinhood Chain is designed as a permissionless network that combines …
Stablecoins have evolved far beyond their original role as settlement assets for cryptocurrency trading. With the total stablecoin market exceeding $310 billion, growing institutional participation, record on-chain payment activity, and regulatory progress in major jurisdictions, several financial institutions now project the market could expand well beyond its current size over the next decade. Forecasts vary …
Binance and Bybit saw more than $2.3 billion in combined stablecoin outflows over the past 30 days, including about $1.55 billion from Binance and $786 million from Bybit. The decline in exchange stablecoin reserves suggests weaker market liquidity and lower demand for crypto trading. Reduced liquidity may limit Bitcoin’s ability to sustain a breakout from …
SBI Holdings and the Solana Foundation have partnered to build Japan’s first on-chain financial market, with the Solana Foundation joining SBI R3 Japan Co., Ltd., which will be renamed SBI Solana Global. Backed by SBI Holdings and Sumitomo Mitsui Financial Group, the venture will support stablecoin issuance, including JPYSC, tokenize real-world assets such as bonds …
Circle’s shares climbed more than 7.7% in premarket trading after the company received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish First National Digital Currency Bank, N.A., which will operate as Circle National Trust. The federally regulated trust bank will initially provide digital asset custody services for Circle …
As crypto scams continue draining millions from victims, law enforcement agencies are increasingly leaning on stablecoin issuers to help freeze stolen funds before they disappear. Now, that growing dependence has landed Circle in the middle of an unusual legal battle after Wisconsin prosecutors accused the company of refusing to comply with the court order aimed …
Hyundai Card said it completed a stablecoin-based intercompany payment between Hyundai Motor subsidiaries in the United States and Mexico, calling it the company’s first such transaction. The $20,000 payment, conducted using a U.S. dollar-pegged stablecoin, was completed and verified in about seven minutes. The trial highlights the potential for faster cross-border corporate payments. A second …
The crypto market may have just witnessed one of its most intriguing liquidity shifts this year. Tether (USDT) on Ethereum recorded a record-breaking daily exchange outflow, even as investors realized nearly $2.92 million in profits, the highest level in five months. Under normal circumstances, heavy profit-taking would suggest capital is leaving the market. This time, …
Revolut, Europe’s largest fintech company, will end support for USDT, with the delisting process beginning this month. Users can buy USDT until July 6, deposit USDT until July 30, and sell or withdraw their holdings to external wallets until August 31. After that date, any remaining USDT balances will be automatically converted into fiat currency …
The stablecoin market has long rewarded the companies that issue digital dollars. They take in customer cash, hold reserves in short-term government securities, and earn the yield. Now, the companies that distribute those tokens want more of the economics. That tension is at the center of Open USD (OUSD), a planned stablecoin backed by more […]
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Tether has frozen USDT held in all 131 TRON wallets linked to ISIS-K after the U.S. Treasury’s Office of Foreign Assets Control (OFAC) added 134 cryptocurrency wallet addresses to its sanctions list. According to Chainalysis, the sanctioned TRON addresses received more than $1.4 million since 2023 and transferred over $880,000. The action highlights ongoing efforts …
LINE NEXT, an affiliate of LINE Yahoo, plans to launch its Unifi Pay stablecoin payment service globally in the third quarter and has opened developer pre-registration. Built on the Unifi wallet, the platform will support USDT, JPYC, and IDRP, with users in Japan and Indonesia able to fund JPYC and IDRP directly from bank accounts …
Stablecoin wars were always going to arrive eventually. They just arrived wearing suits today. As Open USD officially launched on June 30 with backing from more than 140 businesses spanning payments, banking, fintech, crypto infrastructure, and global commerce. The list reads less like a startup ecosystem and more like the guest list for modern finance …
A BlackRock headline usually sends crypto traders scrambling for buy buttons. This time? Not quite. ENA price managed a modest 5% intraday move after Ethena announced a collaboration involving the integration of USDe into BlackRock’s Aladdin platform, the use of BUIDL as the primary asset for its white-label product, and the creation of liquidity facilities …
USDe circulating supply has shrunk by 70% since the October bull market peak, when it topped $14 billion.
Ripple’s dollar-backed RLUSD stablecoin is now available in Japan through SBI VC Trade, adding a regulated Asian market to Ripple’s stablecoin push.
The Japanese financial conglomerate plans to take full control of Bitbank as it expands an ecosystem spanning crypto trading, stablecoins, tokenization and blockchain infrastructure.
Spark deployed approximately $150 million across two Uniswap v4 pools on Ethereum, while its DualPool hook and Shared Liquidity Layer are planned for later phases.
Circle and Nomura are reportedly partnering to enable stablecoin-based foreign exchange settlement for Japanese companies as the country's regulated blockchain-based financial infrastructure expands.
The protocol is raising interest rates across all Cauldrons to encourage debt repayment and reduce supply.
A new pilot from Stablecore, Circuit and Curql gives participating US credit unions access to test stablecoin payments and other digital asset services.
OpenPayd, which provides infrastructure to companies including Kraken crypto exchange, can now offer regulated crypto services across Europe under MiCA.