Stablecoin
The bitcoin play in Musk's $1T SpaceX-xAI merger
Elon Musk's merger between SpaceX and xAI is creating a trillion-dollar tech titan, and pulling a massive 8,300 Bitcoin treasury out of the shadows. What happens to SpaceX's $650 million BTC stash after the mega deal? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
UAE's central bank has approved a USD-backed stablecoin
The USDU stablecoin is issued by Universal Digital, a crypto firm regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
Peter Thiel and Galaxy-backed Citrea wants to turn idle bitcoin into a high-speed bank account
Founders Fund and Galaxy-backed Citrea is aiming to unlock Bitcoin-denominated credit markets with a new mainnet and a Treasury-backed stablecoin designed for USD settlement.
Stablecoins seen as ‘the default’ for payments as OKX brings crypto card to Europe
With EU banks exploring stablecoin issuance and regulators laying ground rules, OKX says its card marks a turning point in crypto’s integration into everyday finance.
Top stablecoins shrink as crypto cash flees, posing risk to bitcoin's bounce
USDC leads the decline in the market cap of top stablecoins, posing risk to crypto market valuations.
WH advisor Patrick Witt: Davos 2026 was ‘turning point’ for global crypto normalization
White House crypto advisor Patrick Witt said stablecoins are the “gateway drug” for global finance and that Washington is racing to deliver regulatory clarity.
Agora's Nick van Eck bets on stablecoin boom in enterprise payments
Agora CEO Nick van Eck sees stablecoin adoption shifting to real-world business for cross-border payments.
Russia’s ruble-pegged stablecoin helped evade sanctions to the tune of $100 billion
Elliptic says the ruble-pegged A7A5 processed nearly 250,000 onchain transactions, demonstrating how stablecoins facilitate cross-border flows under sanctions pressure.
Bank lobby targets stablecoin yield and open banking in policy push
The American Bankers Association’s latest priorities aim to limit how digital dollars earn returns and how financial data is shared as lawmakers debate U.S. crypto market structure legislation.
Ripple injects $150 million into LMAX to push RLUSD stablecoin for institutions
The deal will see LMAX embed Ripple's $1.4 billion U.S. dollar stablecoin into the exchange's infrastructure.
