defi·2h ago
Banks Take a Closer Look at Stablecoins as Supply Tops $300B
Stablecoin supply has grown from $27bn at the end of 2020 to more than $300bn, with a rising share of activity moving beyond trading desks.
Crypto news
Original coverage across the crypto market, updated daily.
defi·25d ago
Term Labs Loses $8.5M in Governance Exploit on DeFi Vaults
DeFi lending protocol Term Labs suffers $8.5M governance exploit; PeckShield says attacker drained ETH and USDC.
markets·37d ago
Payments Platform Decta Adopts USDC for Treasury Settlements
Decta will use USDC via OpenPayd for faster international treasury settlements.
defi·55d ago
Ripple Launches Institutional Minting Platform for RLUSD as Transfer Volume Declines
RLUSD holder count rises but monthly transfer volume drops to $10.95B, down 25%.
markets·57d ago
Fund Managers See Gold as Most Undervalued in Three Years: BofA
Bank of America survey shows fund managers consider gold the most undervalued asset since March 2023, with XAU/USD testing key support.
exchanges·60d ago
Kraken Launches USD-Settled Bitcoin and Ether Options
Kraken introduces USD-settled options for bitcoin and ether, citing product design as key barrier to adoption.
regulation·60d ago
Tether's USDT Faces Regulatory Countdown Under GENIUS Act
Missed deadlines under the GENIUS Act threaten USDT's U.S. platform access by July 2028.
markets·62d ago
Comparing Tether and Circle's Stablecoin Offerings
Tether's USDT and Circle's USDC are the two dominant dollar-pegged stablecoins, differing in transparency and regulatory approach.
regulation·63d ago
Tether Freezes $131M in USDT Linked to Iran Sanctions by OFAC
OFAC listed four Iran-linked wallets, and Tether used its kill switch to freeze $131 million in USDT within hours.
regulation·66d ago
Bolivia Considers Integrating Tether's USDT Into National Payments System
Bolivia is exploring adding Tether's USDT to its national payments system amid a surge in crypto transaction volumes.
regulation·67d ago
Thailand to Audit USDT Transactions, Tighten Cash Deposit Rules
Thailand's central bank plans to require proof of funds for large cash deposits and audit USDT transactions with securities regulators.
markets·77d ago
Standard Chartered Launches Direct USDC Services for Institutional Clients
Standard Chartered becomes first global systemically important bank to let institutions mint and redeem USDC directly.
markets·79d ago
Circle Shares Drop 8% as Stripe, Coinbase, BlackRock Back Rival Stablecoin
Circle's USDC faces new competition as major firms support Open Standard's Open USD stablecoin.
technology·92d ago
Ready USDC Card Halts Non-EEA Service Following Issuer Switch
Ready Card suspends stablecoin payments outside the EEA after transitioning to a new card issuer.
defi·100d ago
Janus Henderson Invests in Ethena's ENA Token, Eyes USDe Distribution
Traditional asset manager Janus Henderson acquires ENA tokens and plans to distribute Ethena's USDe stablecoin to clients.
exchanges·101d ago
HTX Delists Trump Family's USD1 Token Over Freeze Dispute
Crypto exchange HTX has removed the USD1 token linked to the Trump family after World Liberty Financial froze its addresses.