Stablecoins
Bullish's $1.15B in IPO Proceeds Was Entirely in Stablecoins—A First for Public Market
Stablecoins used in the settlement include dollar- and euro-pegged tokens of Circle, Paxos, PayPal, Ripple and Societe Generale, among others.
Wyoming State Debuts U.S. Dollar Stablecoin on Seven Blockchains
The Frontier Stable Token has been deployed on Arbitrum (ARB), Avalanche (AVAX), Base, Ethereum (ETH), Optimism (OP), Polygon (POL), and Solana (SOL) networks.
Tether Taps Bo Hines, Former White House Crypto Council Head, as Advisor for U.S Strategy
Hines will guide Tether’s U.S. market push, focusing on policy engagement and digital asset growth, the firm said.
U.S. Treasury Department Starts Work on GENIUS, Gathering Views on Illicit Activity
The new stablecoin law called for the Treasury engagement on detecting illicit crypto activity, so the department is opening a comment period.
Japan's Financial Regulator to Approve First Yen-Denominated Stablecoin: Report
Approval of JPYC's yen-pegged token could happen as early as the next few months.
Why Circle and Stripe (And Many Others) Are Launching Their Own Blockchains
Firms aim to own their settlement rails to boost efficiency, compliance and revenue from digital asset payments, analysts said.
Circle to Offer 10 Million Class A Shares at $130 Each
The price is more than quadruple the June IPO price of $31 when the company debuted on the New York Stock Exchange.
Crypto for Advisors: Asian Stablecoin Adoption
Examining South Korea’s tightly controlled CBDC approach versus Japan’s open stablecoin framework, and what these shifts could mean for investors.
USD.AI Raises $13M to Expand GPU-Backed Stablecoin Lending
Framework Ventures leads Series A for GPU-collateralized stablecoin protocol USD.AI
Terra's Do Kwon to Change 'Not Guilty' Plea in US Fraud Case
Do Kwon previously had pleaded "not guilty" to multiple fraud charges earlier this year.
