Stablecoin
GENIUS was just the prologue. Stablecoins represent a platform shift in payments. The stage is set.
Shan Aggarwal says the crypto industry is still underselling how fast and forceful the shift to the stablecoin standard will be, and how quickly AI will accelerate it.
U.S. Blacklists Crypto Network Behind Ruble-Backed Stablecoin and Shuttered Exchange Garantex
U.S. officials accused Garantex, Grinex, A7A5 token issuers and executives of laundering ransomware proceeds and evading sanctions.
Stablecoin Payments Projected to Top $1T Annually by 2030, Market Maker Keyrock Says
Institutional adoption, FX settlement and cross-border flows are expected to drive stablecoin growth, a report by Keyrock and Bitso said.
Asia Morning Briefing: Korea’s 'Onshore' Won Policy Could Hinder Its Stablecoin Ambition
Korea's Won is stuck onshore. That's going to put a damper on any demand for a Won-backed stablecoin.
Ethereum Wallet MetaMask Will Likely Unveil Its Own Stablecoin this Week
The MetaMask stablecoin (mUSD) was already reported to be in the works thanks to a prematurely posted governance proposal that was quickly deleted last week.
Circle Dips 6% After Hours on 10M Share Secondary Offering
Coming roughly two months after the company's blazing stock market debut, insiders are accounting for 8 million of the 10 million shares being sold.
Transak Raises $16M From IDG Capital, Tether to Scale Stablecoin Payment Network
Transak plans to use the funds to expand its stablecoin payments stack and enter new markets, the company said.
Circle Unveils Layer-1 Blockchain Arc, Reports $428 Million Q2 Loss
Circle's Q2 financials showed $658 million in revenue, but a net loss of $482 million due to non-cash IPO-linked items.
Stripe Building Payments Blockchain 'Tempo' With Paradigm: Fortune
The project is in stealth mode and may have a team of five, with plans to run code compatible with Ethereum.
ETH Transaction Volume Climbs on Price Rally, Cheaper DeFi Costs
Analysts suggest that this momentum is fueled by a recent increase in network capacity, rising ether price, and a reduction in transaction costs, particularly for DeFi protocols and stablecoin transfers.
