Solstice Labs, a member of the Deus X Capital family, plans to roll out a Solana-native stablecoin with in-build yield features before late 2025.
The feature is pitched as a way to access DeFi yields for USDC, USDT, USDS and DAI without going through "complex processes."
Circle, the issuer behind the USDC stablecoin, has firmly denied rumors suggesting it plans to apply for a US banking license. The firm’s Chief Strategy Officer, Dante Disparte, clarified on social media that Circle has no plans to become a bank or any other type of insured depository institution. Disparte emphasized that the firm is […]
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USDC's accelerated growth appears increasingly tied to its regulatory clarity and institutional appeal, particularly as Circle advances plans for a potential IPO.
As Congress debates stablecoin legislation, a high-stakes power struggle is playing out between banks, tech giants and crypto firms.
The collaboration aims to leverage Bleap's technology to enable other wallet providers to integrate with Mastercard's payments network.
Potential stablecoin legislation in the U.S. could drive a nearly 10x increase in stablecoin supply by 2028, according to Standard Chartered.
Crypto analyst El Crypto has raised the possibility of an altcoin season happening soon. The analyst alluded to Bitcoin’s dominance rising to a major rejection zone, which could be bullish for altcoins. Altcoin Season May Be Imminent As Dominance Hits Major Rejection Zone In an X post, El Crypto suggested that the altcoin season may be imminent as Bitcoin’s dominance hits a major resistance zone. He revealed that BTC’s dominance again touched a zone that has led to rejection every time in the last one and a half years. He added that the Stochastic Relative Strength Index (RSI) is also in the overbought area, while a bearish cross has now happened again. Related Reading: Waiting For An Altcoin Season? Analyst Says A Weekly Close Above This Level Would Trigger A Rally Based on this, the analyst remarked that the market looks to be in for some fun, hinting at an altcoin season. Crypto analyst CryptoElites also affirmed that Bitcoin’s dominance has reached its peak. He further affirmed that next up is a massive altcoin rally, which will usher in the alt season. In another X post, the crypto analyst alluded to the USDT and USDC dominance ratio. He claimed that the market was at a critical trend reaction point right now. CryptoElites then mentioned that if the stablecoins’ dominance breaks down, then the altcoin season will officially begin. Crypto analyst Kevin Capital also looked to provide a bullish outlook towards the altcoin season. In an X post, he highlighted the global liquidity index overlaid with the Dogecoin price. In line with this, he remarked that it might be time for market participants to start paying attention to this. So far, altcoins have been mirroring Bitcoin’s price action, suffering a similar downtrend amid the trade war. However, if the altcoin season were to kick into full gear, these altcoins could easily decouple from the flagship crypto and outperform. Ethereum is known to lead this altcoin season, but that may not be the case this time, as ETH has underperformed throughout this cycle. Still Bitcoin Season For Now Blockchain Center data shows that it is still Bitcoin season for now, as the flagship crypto continues to outperform most altcoins. In the past 90 days, only seven out of the top 50 coins have outperformed the flagship crypto. These coins include Mantra, GateToken, Monero, LEO, Tron, and FastToken. Related Reading: Altcoin Season: Crypto Expert Reveals Why $425 Billion Is Important For it to be altcoin season, 75% of the top 50 coins would need to outperform Bitcoin over the last 90 days. Although almost all coins have witnessed declines within this timeframe, BTC has suffered a 22% drop, which is less than what these altcoins have seen during this period. At the time of writing, the Bitcoin price is trading at around $80,900, down over 1% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Stablecoins captured the biggest YoY growth among instutionals trades as global regulations regularized the fiat-pegged crypto coin market.
Coinbase could see 5–10x stablecoin revenue growth by 2030, according to Cantor, which gave COIN a $245 target.
"The new legislation gives us the opportunity to explore the creation of a U.S.-based, institutional-grade stablecoin," said Paolo Ardoino.
Stablecoins are one of crypto's clearest success stories — and VCs are treating them as a serious long-term bet. Here’s why.
The agency also stated that those wishing to create and or redeem covered stablecoins will be able to do so with having to notify the SEC.
Borderless CEO Kevin Lehtiniitty gives the bear case for Circle, after the firm filed an S-1 to go public in the U.S.
Circle's IPO filing reveals surprising revenue-sharing arrangement with Coinbase as USDC maintains stability despite market pressures.
TD Cowen says hurdles "can still be overcome given how many Democrats are supportive of the need to enact a stablecoin bill."
Sony Electronics' Singapore has added cryptocurrency payments in partnership with crypto exchange Crypto.com.
Circle’s initial public offering (IPO) filing has drawn sharp criticism from industry insiders, who question its Bitcoin strategy and broader financial stability. While the company is best known for issuing the USDC stablecoin, its recent filings have revealed details that have prompted skepticism across the crypto space. Heavy on altcoins, light on Bitcoin and Ethereum […]
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Centre Consortium was a joint venture responsible for issuing the USDC stablecoin, now the world's second most popular by supply.
The issuer of the USDC stablecoin is aiming again to go public after an attempted SPAC merger in 2021 never materialized.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is exploring the integration of Circle’s stablecoin products—USD Coin (USDC) and US Yield Coin (USYC)—across its financial infrastructure. According to a March 27 announcement, the initiative will examine how these stablecoins could be integrated across ICE’s exchanges, clearing operations, and market data […]
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The top five yield-bearing stablecoins, including Ethena's USDe, have seen rapid growth since the U.S. election, JPMorgan analysts said.
USDC is distributed across multiple blockchains, with Ethereum holding the most at 36.2 billion tokens, followed by Solana with 10 billion.
World Liberty Financial (WLFI), the decentralized finance project aligned with US President Donald Trump, has now unveiled details of its plan to release USD1, a US dollar-pegged stablecoin. According to a March 25 announcement, USD1 will launch first on Ethereum and Binance Smart Chain, with further blockchain integrations planned. The digital asset is designed to […]
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Circle and SBI got the green light to launch USDC in the country earlier this month.
Circle CEO Jeremy Allaire said USDC has become the 'first and only stablecoin' approved by Japanese regulators to be available on exchanges.
The country's largest digital wallet platform now offers support for stablecoins via USDC.
Alex Andryunin may also receive a lighter sentence following the agreement, pending court approval, but cannot withdraw his guilt plea.
As speculative assets face significant headwinds, Ethereum's stablecoin ecosystem continues to demonstrate resilience and utility.