The move builds on a CFTC initiative in September expanding the use of tokenized collateral, particularly stablecoins, in derivatives markets.
The deal deepens Tether’s push into AI and robotics, following recent investments in brain-computer interfaces and GPU infrastructure.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
'Hybrid finance' is taking hold as traditional institutions tokenize funds and deposits on public blockchains.
Bybit will increase USDC’s presence across its ecosystem by boosting liquidity in spot and derivatives markets.
The tap-to-pay payments firm is partnering with B2B2C turnkey provider Bakkt to operate across all 50 states.
The project also launched the Stable Foundation — a new independent organization set up to shepherd the Stable blockchain.
Crown says its Brazilian real-pegged stablecoin has become the world's largest emerging market stablecoin.
Stablecoins were once a minor appendage of crypto markets, a functional parking spot for traders cycling between Bitcoin and Ethereum. However, framing no longer fits. With a circulating supply above $300 billion and annual trading volumes exceeding $23 trillion in 2024, stablecoins have matured into a parallel dollar infrastructure. They extend US monetary power into […]
The post Stablecoins just eclipsed Bitcoin in the one metric that matters, exposing a $23 trillion global fault line appeared first on CryptoSlate.
Alchemy co-founder and president Joe Lau said stablecoin adoption is exploding as banks, fintechs and payment platforms push beyond the USDT/USDC exchange era.
Prior to MiCA, euro-denominated stablecoins' market cap contracted by 48% in the year leading up to June 2024.
The IMF released a report that campaigns in favor of CBDCs and warns against the risk stablecoins represent, sparking criticism among crypto experts.
The IMF warned that stablecoins could speed up currency substitution in countries with weak monetary systems.
The deal aims to bring stablecoin settlements and programmable treasury tools to MoneyGram’s global network.
Fireblocks will provide "stablecoin infrastructure and a programmable settlement layer" to enhance "payment flows."
The world’s largest asset manager released its AI report with a bearish outlook on U.S. bonds and the country’s economy, and presented a bullish projection for crypto adoption.
In this week’s Crypto Long & Short Newsletter, Martin Bruncko writes that the next big step for stablecoins will be a credible, scalable euro-denominated stablecoin issued by the private sector, not another USD token. Then, we dive into the sharp post-holiday crypto selloff, the upcoming Fusaka upgrade, and why ETH’s role is crucial in leading any broader market recovery — with Andy Baehr’s “Vibe Check.
The rating agency's Tether downgrade flags redemption risk, potentially nudging institutions to higher-rated stablecoins and tokenized deposits.
The Startale USD token, developed with M0, aims to power payments and rewards across the electronics giant Sony's Web3 ecosystem.
Regulators have not decided whether the token will be tied to the Taiwan dollar or the U.S. dollar, a choice that will determine how deeply it tests the island’s currency controls.
With a total supply of 100 billion, the token is designed to support the network's governance and security.
The group of 10 banks plans to introduce its euro stablecoin next year under a new Dutch entity named Qivalis.
The executives pointed to a 300% surge in real-world asset tokenization over 20 months as evidence that the shift is already accelerating.
The new non-custodial platform brings stablecoin swaps and global fiat off-ramps into one place, aiming to make the process more seamless for users.
Legislative efforts gained momentum as South Korean President Lee made developing a Korean won-stablecoin market one of his key initiatives.
The FDIC chief said it will supervise and license subsidiaries of FDIC-supervised institutions that seek to issue stablecoins.
FDIC Acting Chairman Travis Hill is set to testify at a House hearing that his agency is ready to propose a stablecoin application rule before the month is out.
Ripple’s RLUSD stablecoin is rapidly expanding on Ethereum rather than the company’s native XRP Ledger (XRPL). According to CryptoSlate data, RLUSD’s total circulating supply has surged to $1.26 billion within 12 months of its launch. Of this, roughly $1.03 billion, or 82% of the total supply, resides on Ethereum, while the $235 million balance is on […]
The post RLUSD supply hit $1.26B, and 82% of it now sits on Ethereum, not XRPL appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Scotiabank said Ottawa’s move toward a stablecoin framework is more about modernizing payments than reshaping broader financial markets.