Stablecoin


Finance

Tether Made 'Unsolicited' Bid for Majority Stake in $1B LatAm Agribusiness Adecoagro

Adecoagro owns farmland and industrial facilities across Argentina, Brazil and Uruguay.

Tether already holds a minority stake in the agricultural commodities producer. (Unsplash/Getty Images)

Finance

Peter Thiel-Backed Plasma Raises $20M to Develop Bitcoin-Based Network for Stablecoins

The project, which also claims Tether's Paolo Ardoino as an investor, aims to enhance stablecoin adoption through a Bitcoin sidechain that allows zero-fee USDT transactions.

Plasma (Ramon Salinero/Unsplash)

Markets

Circle's USDC Hits Record Market Cap Over $56B as Stablecoin Demand Soars

USDC and USDT minting accelerated in the past weeks, providing a bullish signal for crypto markets despite declining token prices.

USDC market capitalization (CoinDesk Data)

Markets

Solana Saw 112% Surge in Stablecoin Supply in January With TRUMP Memecoin Frenzy: CCData

This coincided with the launch of Donald Trump's memecoin $TRUMP which caused a wave of inflows to the network

A Solana booth at ethDenver (Danny Nelson)

Consensus Hong Kong 2025 Coverage

The Next Bridge.xyz? BlindPay's CEO Wants to Revolutionize Global Payments

Bernardo Moura is looking to upend SWIFT’s dominance of the massive international payments industry, starting with Latin America.

BlindPay CEO Bernardo Simonassi Moura

Finance

Circle Enters Tokenization Race by Acquiring Hashnote, $1.3B Real-World Asset Issuer

Circle also said it will bring the $48 billion USDC stablecoin to the Canton Network and struck a partnership with crypto market maker Cumberland DRW to provide liquidity for USDC and USYC tokens.

Jeremy Allaire, CEO of Circle (CoinDesk)

Markets

Red-Hot DeFi Platform Usual Faces Backlash as Protocol Update Triggers Sell-Off

An unexpected change in the redemption mechanism of the protocol's yield-generating token caught investors off-guard, throwing the DeFi community into disarray.

FLASH: Balances on the Lightning Network can be revealed by relatively straightforward cyberattacks, researchers say. (Credit: Shutterstock)

Tech

Ripple Aims to Boost RLUSD Stablecoin's DeFi Utility with Chainlink Standard

Chainlink will provide crucial pricing data for Ripple's U.S. dollar stablecoin on the Ethereum blockchain.

Ripple CEO Brad Garlinghouse (Suzanne Cordiero/Shutterstock)

Consensus Hong Kong 2025 Coverage

Animoca Brands' Yat Siu: 2025 Will Be the Year Crypto Goes Mainstream

Crypto will reach a turning point when it becomes as useful for companies as the internet became in the 1990s, argues Animoca Brands' co-founder.

Yat Siu, co-founder of Animoca Brands at Consensus 2023 (CoinDesk)

Finance

Avalon Labs Raises $10M Series A to Grow Bitcoin-Backed Stablecoin

The Series A funding round was led by Framework Ventures and included contributions from UXTO Management, Presto Labs and Kenetic Capital

Heading of Bitcoin Whitepaper