The Donald Trump-backed crypto venture World Liberty Financial launched a US dollar-pegged stablecoin with a total supply of more than $3.5 million.According to data from Etherscan and BscScan, the project launched the World Liberty Financial USD (US
Gold-backed stablecoins will outcompete US dollar-pegged alternatives worldwide due to gold's inflation-hedging properties and minimum volatility, according to Bitcoin maximalist Max Keiser.Keiser argued that gold is more trusted than the US dollar
Early in 2025, there was a significant surge in the stablecoin market, with a $20 billion increase in total supply. With a 10% increase from January, the total supply now stands at almost $205 billion. The spike, according to data from Glassnode, com
Movement on legislation to regulate stablecoins is underway this week as lawmakers in the House debated necessary provisions in the bill on Tuesday. The Senate committee will also assemble in the coming days to take a vote on proposed stablecoin rule
What is yield farming? Yield farming, also known as liquidity mining, is a decentralized finance (DeFi) strategy where cryptocurrency holders lend or stake their assets in various DeFi protocols to earn rewards. These rewards often come in the form
The U.S. Department of Housing and Urban Development is considering adopting cryptocurrency and blockchain in some of its operations, ProPublica reported, citing sources familiar with the matter.The HUD has held meetings to discuss the possibility of
Cryptocurrency exchange Bybit plans to begin rewarding clients who hold or use Ethena’s USDtb stablecoin, which is backed by the BlackRock BUIDL token, starting this week."USDtb, an Ethena ecosystem stablecoin, backed by BlackRock BUIDL, has been lis
The MEXC cryptocurrency exchange has invested in synthetic dollar protocol Ethena in a broader push to promote stablecoin development and adoption.On Feb. 26, MEXC said it allocated $20 million to Ethena’s synthetic US dollar, USDe (USDE), and $16 mi
Brian Moynihan, the CEO of Bank of America, recently told an audience at the Economic Club of Washington DC that the commercial bank will likely launch a stablecoin if comprehensive legislation is passed in the United States.According to Fortune, the
Blockchain infrastructure protocols Celo, Chainlink, Hyperlane and Velodrome have launched a crosschain version of Tether’s USDt on the OP Superchain, in a move designed to improve the interoperability and liquidity of the world’s most widely used s
According to data provided by CryptoQuant, the total supply of the Ripple USD (RLUSD) token has now surpassed $120 million. This has been described as a "huge milestone" considering that it is a highly regulated stablecoin. As reported by U.Today, RL
Standard Chartered Bank Hong Kong, Animoca Brands and Hong Kong Telecommunications (HKT) have partnered to issue a Hong Kong dollar-backed stablecoin under a new joint venture. The group plans to apply for a license from the Hong Kong Monetary Author
Stablecoin issuer Tether is reportedly in talks with Congressional lawmakers in the United States to help craft stablecoin regulatory policies at the federal level.According to Fox Business reporter Eleanor Terrett, Tether has been working with repre
Wallet, a custodial wallet application integrated with Telegram, announced on Feb. 14 a move to enable zero-fee USDt (USDT) deposits from eligible users in more than 60 countries. However, while some users can now deposit USDT with zero fees, withdra
Tether, the cryptocurrency firm behind the $140 billion USDT stablecoin, said on Friday it has invested in Italian football club Juventus FC (JUVE).The firm's investment arm, Tether Investments, acquired a minority stake in the sports club, according
Tether, the operator of the USDt (USDT) stablecoin, has slammed JPMorgan analysts who suggested it may need to sell Bitcoin to comply with proposed stablecoin regulations in the US.On Feb. 12, an analyst team led by JPMorgan strategist Nikolaos Pani
Framework Ventures led a $20 million Series A round for the stablecoin firm Plasma, bringing the company's total funding raised to $24 million. Plasma is building a blockchain specifically built for Tether's USD-pegged stablecoin USDT to enable more
The stablecoin market capitalization reached a record high following a period of consistent growth since mid-2023, according to data from Alphractal. The data analysis platform reported on Jan. 31 that the stablecoin market cap rose 73% from $121.18
An unprecedented stablecoin supply of 73% has occurred on the Solana blockchain since the middle of January. A new initiative that has captured the attention of the crypto community, the $TRUMP memecoin, was launched at the same time as this spike.So
Since Sept. 17, 2024, the supply of USDS, the native stablecoin of the Sky Protocol (formerly known as Maker), has grown from 98.5 million to 2.32 billion at the time of writing, representing a 135% increase in five months.In contrast, the supply of