Stablecoins

Macro · 1 week ago U.S. Bank Launches Dollar-Backed Stablecoin Pilot for Cross-Border Transactions U.S. Bank has initiated a live pilot of its dollar-backed stablecoin on the Stellar network, aiming to enhance cross-border fund transfers and improve global cash management.

Stablecoins · 1 week ago Ethena Launches USDe and sUSDe on TRON Network to Enhance Digital Dollar Accessibility Ethena Labs and TRON DAO have introduced USDe and sUSDe on the TRON network, expanding digital dollar access within its stablecoin ecosystem and enhancing interoperability across multiple platforms.

Stablecoins · 1 week ago Solana's DEX Volume Surpasses $3 Trillion Amidst Growing Tokenized Stock Market Solana's decentralized exchange volume has exceeded $3 trillion, with significant contributions from tokenized stocks like DraftKings, which generated $39 million in volume shortly after launch.

Stablecoins · 1 week ago Circle's Withdrawal from Noble Forces Cosmos to Shift $92 Million in USDC Circle is discontinuing its USD Coin (USDC) services on Noble, compelling the Cosmos ecosystem to migrate $92 million in USDC to Injective before a January deadline.

Stablecoins · 1 week ago UniCredit Explores Digital Asset Services and Tokenization for Clients UniCredit is actively pursuing digital asset services, including custody and tokenized products, as it builds infrastructure to support the growing crypto sector.

Custody · 1 week ago TRON Expands MetaMask Connectivity with B.AI, SUN.io, JustLend DAO, and BitTorrent TRON DAO has announced enhanced MetaMask support across its ecosystem, allowing users to access B.AI, SUN.io, JustLend DAO, and BitTorrent through the popular wallet.

Layer-2 · 1 week ago Robinhood Chain Achieves $34.6B in DEX Volume Amid Rapid Growth Robinhood Chain's decentralized exchange volume has reached approximately $34.6 billion, driven by memecoins and tokenized equities, marking a significant milestone for the platform.

Policy · 1 week ago UK House of Lords Calls for Comprehensive Digital Asset Strategy The UK House of Lords has mandated HM Treasury to create a formal strategy for digital assets, signaling urgency in the UK's crypto regulatory approach.

Macro · 1 week ago US Government Targets $24 Billion Xinbi Crypto Black Market in Major Crackdown US authorities have intensified their crackdown on the Xinbi Guarantee crypto marketplace, seizing over $52 million in assets and sanctioning associated companies. This action aims to disrupt a significant transnational money laundering operation lin

Policy · 1 week ago Treasury Secretary Scott Bessent Calls for Senate Action on Clarity Act U.S. Treasury Secretary Scott Bessent has urged the Senate to prioritize the Clarity Act, emphasizing its importance for regulating digital assets and maintaining U.S. leadership in the sector.

Stablecoins · 1 week ago DOJ Freezes $52 Million in Crypto Linked to Xinbi Guarantee Scam Marketplace The U.S. Department of Justice has restrained approximately $52 million in laundered cryptocurrency associated with the Xinbi Guarantee scam marketplace, alongside significant arrests in Madagascar.

Macro · 1 week ago Iran Uses Bitcoin to Navigate Economic Challenges Amid Sanctions Iran is leveraging bitcoin to facilitate cross-border transactions and support its economy, as the central bank encourages the use of cryptocurrencies amidst ongoing sanctions.

Regulation · 1 week ago Block Seeks OCC Approval for Builders Bank & Trust, a National Crypto Custody Bank Block has filed an application with the OCC to establish Builders Bank & Trust, a national trust bank aimed at providing custody services for bitcoin and stablecoins, pending regulatory approval.

Stablecoins · 1 week ago Citi to Launch Tokenized Deposit Service for Japanese Corporations Citigroup is set to introduce a blockchain-based remittance service for corporate clients in Japan, utilizing tokenized deposits to facilitate instant foreign currency transfers.

Stablecoins · 1 week ago US Bank Completes Live Pilot of USBDC Stablecoin for Cross-Border Payments US Bank has successfully executed a live pilot of its USBDC stablecoin for real-time cross-border payments on the Stellar blockchain, marking a significant step for bank-issued digital currencies.

Stablecoins · 1 week ago Pi Network Sees Price Recovery Above $0.098 Amid Developer Focus Pi Network's token, PI, has rebounded to over $0.098, supported by a push for enhanced developer tools and the restoration of cash-in features by OpenPay.

Stablecoins · 1 week ago US Treasury Targets Iran's Crypto Use to Evade Sanctions The US Treasury's OFAC has designated Iran's digital asset sector as sanctionable, intensifying efforts to combat sanctions evasion involving Bitcoin and USDT.

Stablecoins · 1 week ago Block Files for Federal Charter to Offer Bitcoin Custody Services via Builders Bank Block, founded by Jack Dorsey, has applied for a federal charter to establish Builders Bank, aiming to provide Bitcoin custody services under the OCC's regulatory framework.

Policy · 2 weeks ago Senator Lummis Criticizes Democrats as Clarity Act Vote Approaches Senator Cynthia Lummis has condemned Democrats for their role in delaying the Clarity Act, which aims to establish a regulatory framework for digital assets. A key vote is scheduled for next week in the Senate.

Stablecoins · 2 weeks ago Tether Develops Decentralized Peer-to-Peer Search Engine Hypersearch Tether is advancing its technology portfolio with Hypersearch, a decentralized peer-to-peer search engine that aims to provide an alternative to traditional search engines like Google.