Stablecoin


Finance

Taurus Releases Open Source Privacy Tech for Stablecoins, Starts With Circle's USDC

Taurus’s stablecoin privacy layer uses zero-knowledge proofs and was built atop the Aztec Network.

Close-up of horns on a black bull against a dark background. (Coindesk archives)

Finance

SoFi to Launch Blockchain Remittances With Stablecoins as Crypto Returns to Platform

The move comes as the CEO shared plans to re-enter the crypto business under the Trump administration after having exiting digital asset services in 2023.

SoFi (Shutterstock)

Markets

Circle Drops 15%, Stock Frenzy Cools as BIS Warns of Stablecoin Risks

The decline coincided with a BIS report casting doubts about stablecoins' future role in global finance.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Finance

Mastercard Expands Stablecoin Push With Paxos, Fiserv and PayPal Integrations

The payments giant is integrating PYUSD, USDG and FIUSD into its network, expanding stablecoin payments and settlements for consumers and merchants.

Mastercard debit card next to phone with price chart (CardMapr.nl/Unsplash)

Markets

Circle Hits New Record With Market Cap Nearing That of Coinbase

Circle’s blistering rally reflects investor hunger for stablecoin exposure, but lofty valuation multiples are raising eyebrows.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Markets

Peter Schiff Says He 'Gets Bitcoin' but Not USD-Pegged Stablecoins, Floats Gold-Backed Token Plan

The vocal crypto and bitcoin critic advocated for gold-backed stablecoins instead of U.S. dollar-pegged ones, and he plans to launch one himself.

A gold bar (Scottsdale mint/Unsplash)

Markets

Circle Rockets After Stablecoin Bill Clears Senate, Pushes Post-IPO Rally to Over 500%

Wednesday’s rally reflects investor confidence that Circle will be the chief beneficiary if the U.S. formally embraces stablecoins as digital cash equivalents.

Jeremy Allaire, Co-Founder, Chairman and CEO. (Shutterstock/CoinDesk)

Finance

Coinbase Debuts Stablecoin Payment Stack Following Shopify Partnership

With Coinbase Payments, the company said it aims to offer fast, global USDC transactions for merchants without needing blockchain expertise.

Coinbase (appshunter.io/Unsplash)

Markets

Ark Invest Dumps Nearly $45M Worth of Circle Shares as U.S. Senate Passes GENIUS Act

The GENIUS Act is seen as a major win for stablecoin issuers like Circle and the crypto industry at large.

Cathie Wood, CEO of ARK Invest, at Consensus 2024. (Suzanne Cordiero)

Finance

Latin America Oil, Gas Deal Worth $75M Gets Tokenized as RWA Momentum Builds

Tokenization specialist Global Settlement said the deal marks the first fully tokenized capital stack for an operational energy asset.

oil field (Unsplash/Getty Images)