Stablecoin
Circle’s EURC Stablecoin Surges 43% to Record Supply as Dollar Troubles Fuel Demand
The fastest growth was seen on the Ethereum, Solana and Base networks, data shows.
Visa Is Joining the Paxos, Robinhood Stablecoin Consortium: Sources
Paxos’ Global Dollar Network (USDG) also includes Kraken, Galaxy Digital, Anchorage Digital, Bullish (the owner of CoinDesk) and Nuvei.
Stablecoins Are a 'WhatsApp Moment' for Money Transfers, a16z Says
Stablecoins are revolutionizing global money transfers by reducing costs and eliminating intermediaries.
Cap Raises $11M for Stablecoin Engine as Industry Heats Up
A recent $8 million funding round will be used to develop Cap’s stablecoin engine, which is slated to launch later this year.
Tether May Develop U.S.-Only Stablecoin Under New Regulations: FT
Paolo Ardoino said that if new rules are brought in "make stablecoins competitive, there could be an interest from Tether to create a domestic stablecoin."
First Digital to 'Pursue Legal Action' Over Justin Sun Allegations as FDUSD Drops
The stablecoin deviated from its price peg as Tron founder Justin Sun claimed that First Digital Trust is "effectively insolvent," a characterization the company pushed back on.
Ripple Integrates RLUSD Stablecoin Into Cross-Border Payments System
Ripple USD's market cap reached $244 million since its December debut, growing 87% over the past month.
Japanese Banking Giant SMBC Explores Stablecoin Use With Ava Labs, Fireblocks
Sumitomo is the latest example in a roster of firms eyeing the booming stablecoin market, which has grown 50% to around $230 billion in a year.
Stablecoin Giant Circle Files for IPO After $1.7B Stablecoin Reserve Windfall
If approved, the stock of the company will be trading on the New York Stock Exchange under the symbol "CRCL."
Tokenized Gold Hits Record $1.4B Market Cap as Trading Volumes Soar in March
The overall stablecoin market, including tokens pegged to currencies and commodities, crossed $230 billion rising for the 18th consecutive month, CoinDesk Data's report show.
