The race to accumulate Bitcoin is accelerating as corporations increasingly view the digital asset as a valuable addition to their balance sheets. Beyond publicly traded firms, private companies are joining the movement, including a Norwegian deep-s
Digital asset infrastructure provider Taurus has deployed a private contract for stablecoins designed to offer untraceability and anonymity.Built on the Aztec Network, Taurus’ stablecoin contract combines zero-knowledge proofs with the compliance fea
Key takeawaysStablecoin attestation reports provide third-party verification that each token is backed by real-world assets like cash and US Treasurys.Attestation ≠ audit: Attestations are point-in-time checks, not deep financial audits, so users sho
The European Union’s main executive body has taken a soft approach toward stablecoins, contrasting with that of the European Central Bank (ECB) and sparking industry optimism.In response to ECB concerns on potential bank run risks stemming from stabl
When the success of Circle’s public listing made headlines on Wall Street, a lesser-known ruble-pegged stablecoin—launched by a fugitive Moldovan oligarch and a Russian defence-sector bank—was being used for real-world cross-border payments to bypass
US crypto stocks surged alongside the broader market on Tuesday after a shaky ceasefire between Iran and Israel brokered by US President Donald Trump largely held.Trump declared the ceasefire on social media on Monday, claiming it would “go on foreve
Finery Markets has launched a trading infrastructure designed for institutional users of stablecoins. The system aims to mitigate risks associated with stablecoin depegs and improve capital efficiency. It features a private room trading setup, allowi
By Gina HeebThousands of Main Street banks struggling to keep up with crypto's push into mainstream finance will soon get an opening to the rapidly evolving world of stablecoins.Financial-technology giant Fiserv plans to launch a stablecoin and platf
South Korea's KakaoPay saw its shares rise over 200% in the past month amid rising anticipation that the mobile payment services giant will pursue stablecoin-related ventures in the near future. The company is a subsidiary of Kakao, one of the larges
SUI is showing signs of strength despite recent volatility. The token has dropped 14% this week and might face bearish pressure as analysts watch for a breakout.SUI Struggles Below $3 as Traders Watch for BreakoutSUI has witnessed price swings over t
Ripple has minted 10 million RLUSD amid rising demand for stablecoins, a move that comes just as the Genius Act gains traction in the U.S. Senate. Following the political support, the total stablecoin market capitalization reached $251.55 billion in
US President Donald Trump has urged the House to pass the Guiding and Establishing National Innovation for US Stablecoins Act as soon as possible so he can officially sign it into law.”The Senate just passed an incredible Bill that is going to make A
U.S. Treasury Secretary Scott Bessent said Wednesday that President Donald Trump's embrace of crypto and stablecoins will cement the U.S. dollar's dominance globally."Stablecoins could reinforce dollar supremacy because with stablecoins, stablecoins
By Sam GoldfarbNew legislation regulating stablecoins — a type of digital currency pegged to the U.S. dollar — is widely expected to boost demand for Treasurys. But Wall Street isn't sure how much.The cryptocurrency industry scored a major win Tuesda
Officials with the US Department of Justice announced the seizure by the Secret Service of more than $225 million “linked to cryptocurrency investment scams.”In a Wednesday notice, the DOJ said it had filed a civil forfeiture complaint against more t
While stablecoins have yet to attract developers at the same scale as Apple’s iPhone, stablecoin issuer Circle CEO Jeremy Allaire suggests that breakthrough moment isn’t far off.“We are not quite yet at the iPhone moment when developers everywhere re
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.It's Friday! Bitcoin briefly fell 5% to below $104,000, and Ethereum slid 10% under $2,500 overnight after Israel launched airstrikes on Ir
Update June 13, 10:30 am UTC: This article has been updated to include a section on the GENIUS Act.Walmart and Amazon are reportedly mulling plans to issue their own US dollar-backed stablecoins for customers, signaling wider institutional stablecoin
Stripe has acquired Privy, a cryptocurrency wallet infrastructure developer, for an undisclosed amount, highlighting the global payment processor’s growing pivot toward digital assets. Privy confirmed the acquisition on Wednesday in an announcement o
Japanese financial services group SBI Group stated it invested $50 million in stablecoin issuer Circle during the company’s upsized initial public offering (IPO) debut on the New York Stock Exchange (NYSE) last week. The allocation was split equally