stablecoin
Russia and Stablecoin Use: Ruble-Pegged A7A5 Moved $9B on One Crypto Exchange
- A Financial Times report found links between the newly launched crypto exchange Grinex and the now-seized Garantex, though Grinex denies any connection.
- There are currently $156 million worth of ruble-pegged A7A5 stablecoins in circulation, held mainly by a small group of users.
Wednesday, 25/06/2025 | 08:37 GMT by
Arnab Shome
Stablecoin Growth Spurs Finery Markets’ New Trading Platform as GENIUS Act Advances
- Stablecoins now cover 62% of transactions; new platform supports institutional trading, reduces depeg risks.
- Firms such as Finery Markets and Bitpace are developing infrastructure to enable faster, lower-cost, and more secure stablecoin transactions.
Tuesday, 24/06/2025 | 13:05 GMT by
Tareq Sikder
Why Stablecoins’ $3.7T Growth Depends More on Market Forces Than Pricing
- Stablecoins rose from 23% in 2023 to 62% in Q1 2025, Finery Markets reports.
- These assets bridge fiat-blockchain, but true potential needs institutional trading and deeper infrastructure.
Tuesday, 10/06/2025 | 20:00 GMT by
Konstantin Shulga
Circle Shares Soar 235% on First Day of NYSE Trading
- Major banks such as J.P. Morgan, Citigroup, and Goldman Sachs led the offering, which was upsized twice due to intense investor interest.
- At the time of publishing, the price was at $82, representing a 165% surge, according to Investing.com data.
Thursday, 05/06/2025 | 19:47 GMT by
Jared Kirui
JPMorgan, Bank of America Lead Early Talks on Joint Stablecoin Project as Adoption Grows
- The US Senate recently advanced the GENIUS Act to regulate stablecoins, with bipartisan support expected.
- Critics warn President Trump could benefit from stablecoin regulations due to his family’s USD1 coin.
Friday, 23/05/2025 | 10:47 GMT by
Tareq Sikder
Stablecoins Go Mainstream as Mastercard and MoonPay Partner Across 150M Merchants
- At Mastercard-accepting locations, payments made in stablecoins will be instantly converted to fiat.
- MoonPay’s Iron platform supports the system’s global payouts and wallet transactions.
Thursday, 15/05/2025 | 13:06 GMT by
Tareq Sikder
SEC Ends PayPal's Stablecoin (PYUSD) Investigation With No Enforcement Action
- The SEC has closed its investigation into PayPal’s stablecoin PYUSD, following similar recent decisions to end probes into crypto companies.
- In the meantime, PayPal reports strong earnings and launches new crypto initiatives.
Wednesday, 30/04/2025 | 06:30 GMT by
Damian Chmiel
Binance Delists 9 Stablecoins in Europe amid MiCA Compliance and Sale Rumors
- Stablecoins compliant with MiCA, including USDC and EURI, will remain available on the platform.
- Earlier, the firm denied rumors of being for sale, attributing them to a competitor's PR strategy.
Monday, 03/03/2025 | 10:44 GMT by
Tareq Sikder
Stablecoin Issuer Tether’s Bitcoin Mining Partnership Ends in Legal Battles
- With lawsuits proceeding in both the UK and US, the legal battle between Tether and Swan remains unresolved.
- Tether held an 80% stake in the venture, while Swan owned 20%, but the partnership reportedly collapsed due to financial struggles.
Wednesday, 26/02/2025 | 21:45 GMT by
Jared Kirui
ESMA Sets Deadline for Crypto Firms to Align with MiCA Stablecoin Rules
- The push has created pressure on crypto service providers, urging swift alignment with the new MiCA regulations.
- ESMA mentioned that stablecoins issued by authorized entities can be legally offered in the EU.
Monday, 20/01/2025 | 21:12 GMT by
Jared Kirui
Why Is Ripple’s XRP Up? Price Prediction as RLUSD Stablecoin Debuts on Global Exchanges
- The stablecoin is reportedly available on platforms like Uphold, Bitso, MoonPay, Archax, and CoinMENA.
- The launch caused a significant surge in XRP’s trading volume, increasing by 80%.
Tuesday, 17/12/2024 | 17:35 GMT by
Jared Kirui
Ex-Binance Executives Launch EURØP Stablecoin, Secure €7 Million Round
- EURØP is 1:1 euro-pegged, fully backed by cash, and will launch on Ethereum and Polygon.
- Schuman Financial complies with MiCA through a French e-money license, enabling SEPA access.
Tuesday, 26/11/2024 | 12:53 GMT by
Tareq Sikder
Coinbase Acquires Utopia Labs Team to Expand Stablecoin Payments in Wallet
- Four Utopia Labs members, including Kaito Cunningham and Alexander Wu, are joining Coinbase to develop stablecoin payment solutions.
- Utopia raised $23 million from investors, including Coinbase, and will cease operations after the sale.
Wednesday, 13/11/2024 | 17:47 GMT by
Tareq Sikder
Robinhood, Kraken Form Alliance to Challenge USDT and USDC Duopoly in $170 Billion Market
- The retail trading platform joins major crypto firms to launch the Global Dollar Network and USDG token.
- The initiative aims to democratize stablecoin benefits while challenging current market leaders, including Tether.
Tuesday, 05/11/2024 | 11:14 GMT by
Damian Chmiel
What Trump's New Crypto Project Plans with a Dollar-Backed Stablecoin
- World Liberty Financial, backed by the Trump family, is reportedly developing its own "stable" cryptocurrency.
- The move comes after the WLFI entry into the crypto space last month has fallen short of expectations.
Tuesday, 05/11/2024 | 10:25 GMT by
Damian Chmiel
Stripe Aims to Strengthen Its Position in Stablecoins: Plans to Acquire Bridge for $1B
- Bridge allows companies to accept payments in stablecoins like Tether’s USDT and Circle’s USDC.
- Stripe recently confirmed it will allow merchants to accept stablecoin payments.
Friday, 18/10/2024 | 05:11 GMT by
Arnab Shome
Paxos Launches Stablecoin Payments Platform and Instant USD Conversion
- The platform enables instant conversion between PYUSD, USDP, USDC, and fiat like USD.
- It supports refunds by converting and sending them to the original wallet on Solana, Ethereum, and Polygon.
Tuesday, 15/10/2024 | 13:44 GMT by
Tareq Sikder
UAE Approves Dirham-Pegged Stablecoin
- AE Coin issuer plans to integrate the currency with e-commerce platforms, mobile wallets, and financial institutions.
- The token enables users to participate in DeFi activities like lending and borrowing without intermediaries.
Monday, 14/10/2024 | 20:42 GMT by
Jared Kirui
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