Stablecoin


Markets

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.

A gold bar (Scottsdale mint/Unsplash)

Finance

NYSE-Parent ICE to Explore New Products With Circle's Stablecoin, Tokenized Fund

The two will explore potential applications of USDC and money market fund token USYC in derivatives exchanges, clearinghouses and other operations.

Tom Farley, CEO of Bullish, and Lynn Martin, President of the New York Stock Exchange, speak at Consensus 2024 by CoinDesk.(Shutterstock/CoinDesk/Suzanne Cordiero)

Policy

Wyoming State Gears Towards Launching a Stablecoin This Year

The token is currently being tested on multiple blockchains, aiming to launch in July, state officials said at the DC Blockchain Summit

(Matt Henry Gunther/Getty Images)

Tech

Peter Thiel-Backed Plasma Unveils 'HotStuff-Inspired Consensus' For High-Frequency Global Stablecoin Transfers

Other key features of Plasma include custom gas tokens, zero-charge USDT transfers, and confidential transactions while ensuring compliance.

Stylized network of light focii covering Earth (geralt/Pixabay)

Finance

Trump-Backed World Liberty Financial Confirms Dollar Stablecoin Plans With BitGo

The USD1 token will be fully backed by U.S. government securities and cash, with BitGo providing custody services for the reserves.

President Donald Trump (TheDigitalArtist/Pixabay)

Finance

MEXC Ventures Invests $36M in Ethena and USDe as Stablecoin Demand Continues to Surge

The investment aims to boost stablecoin adoption and crypto accessibility.

(tungnguyen0905/Pixabay)

Policy

Latest Draft of U.S. Stablecoin Bill Aims to Split Power Between State and Federal Authorities

The latest version of the bill expands the role of states in regulating stablecoins and proposes new transparency as well as enforcement requirements

Bill Hagerty, a sponsor of the bill (Kevin Dietsch/Getty Images)

CoinDesk Indices

Crypto for Advisors: DeFi and On-chain Finance

Will 2025 drive growth in the adoption of yield-bearing assets like staking, liquid staking, restaking and liquid restaking in DeFi?

CoinDesk

Finance

USDe Stablecoin Developer Ethena Raises $100M: Bloomberg

USDe's market cap has jumped to around $6 billion this month, becoming the third largest stablecoin behind Tether's USDT and Circle's USDC

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

Finance

Figure Markets Offers SEC-Registered Yield-Bearing Stablecoin as Tokenized Asset Demand Soars

The YLDS stablecoin, backed by prime money market funds, offers daily interest and 24/7 peer-to-peer transfers.

Figure Markets CEO Mike Cagney (Figure)