Stablecoins

Stablecoins

Policy

Trump defends crypto legislation at private event featuring boxer Mike Tyson, Tether CEO

President Donald Trump, at a Mar-a-Lago gathering of investors in his self-branded memecoin, said crypto is mainstream and banks should back off the industry's bill.

U.S. President Donald Trump speaking at Mar-a-Lago.

Markets

Bitcoin is on track for its best month in a year. $5 billion USDT growth fuels the rebound

Strong earnings season trumps geopolitical risks for now, one trader said, as equities and crypto markets "stopped caring" about Iran war headlines.

Bitcoin (BTC) price on April 24 (CoinDesk)

Policy

Tether's $344 million USDT freeze linked to U.S. 'Economic Fury' against Iran regime

Treasury Secretary Scott Bessent said the U.S. is seeking to choke off "all financial lifelines" for the regime.

Iranian flag (Akbar Nemati/Unsplash)

Markets

Morgan Stanley is positioning itself as the reserve manager for the stablecoin industry

The Wall Street giant has announced a fund build specifically for stablecoin issuers. Here is what it does and means for the market.

Morgan Stanley (Shutterstock)

Finance

Tether freezes $344 million in USDT on Tron tied to 'illicit activity'

The stablecoin issuer said the action followed U.S. law enforcement requests as global watchdog FATF warned of growing role of digital dollars in illicit money flows.

Tether CEO Paolo Ardoino at White House

News Analysis

Crypto's great hope in Senate's Clarity Act still has a path to survive tight calendar

A sideshow stablecoin yield debate has dragged the market structure bill through months of delay, even as the Senate's available floor time diminishes for 2026.

Senator Thom Tillis (Chip Somodevilla/Getty Images)

Finance

Aave’s core markets hit 100% utilization at once, and that's not a good thing

CertiK says the lending protocol is in serious trouble while CEO Stani Kulechov tells CoinDesk he does “not have anything useful to say.”

Hacker facing screens with lines of code (Boitumelo/Unsplash)

Finance

DoorDash is bringing stablecoin payments to masses with Stripe-backed blockchain

The delivery service is working with the Stripe-led blockchain firm Tempo to bring stablecoin payouts to its global marketplace, replacing fragmented regional rails.

DoorDash (Marques Thomas/Unsplash)

Policy

Bank of Korea’s new governor signals CBDC and bank token push, skips stablecoins in key address

The BOK will increase scrutiny of crypto markets and non-bank finance, and will also modernize currency markets for 24-hour foreign exchange trading, he said.

Korean won (Shutterstock)

Finance

A dozen banks want a euro stablecoin. Fireblocks is making it happen

The Qivalis consortium is made up of: Banca Sella, BBVA, BNP Paribas, CaixaBank, Danske Bank, DekaBank, DZ BANK, ING, KBC, Raiffeisen Bank International, SEB, and UniCredit.

CEO and co-founder Michael Shaulov (Fireblocks)