ZachXBT Goes After Circle: What’s Going On?
TL;DR ZachXBT accused Circle of failing to act on hacks tied to North Korea and other exploits, leaving millions in USDC unfrozen. Arthur Hayes revealed...
stablecoin
Monad Foundation Acquires Portal Labs to Supercharge Stablecoin Payments
TL;DR Monad acquires Portal Labs’ wallet SDK and API suite, embedding production-grade stablecoin rails into its high-speed Layer-1 for instant on-chain dollar settlements. Portal Labs...
Banca Sella Dives into Digital Assets with Stablecoin Custody Pilot
TL;DR Banca Sella has launched a Fireblocks-powered pilot allowing select employees to custody stablecoins, marking one of Europe’s first bank-led stablecoin initiatives. The summer-long trial...
Polymarket Pins 90% Odds on GENIUS Act After Decisive Senate Win
TL;DR Polymarket users now put a 90% chance of the GENIUS Act passing into law after a 68–30 Senate vote and Trump’s pledge to sign...
Bank of Korea Governor Poised to Embrace Won-Backed Stablecoin Innovation
TL;DR Stablecoin Spotlight: Governor Rhee is set to explore launching won-backed stablecoins at a high-profile bankers’ dinner amid new digital asset legislation and rising political...
Maple Brings syrupUSDC to Solana with $30M in Liquidity and $500K in Incentives
TL;DR Maple launches syrupUSDC on Solana with $30M in initial liquidity and $500K in incentives to accelerate its adoption in institutional DeFi. Kamino integrates syrupUSDC...
Circle Prepares Its IPO with Demand Exceeding Initial Supply by 25 Times
TL;DR Circle plans an initial public offering with an expected price range between $27 and $28 per share, supported by demand exceeding 25 times the...
Wyoming Bets on Digital Money with the Launch of Its Public Stablecoin WYST
TL;DR Wyoming launches WYST, the first U.S. public stablecoin fully backed by U.S. dollars, Treasury bonds, and repurchase agreements. The token will feature real-time monitoring...
Dubai Finance Partners with Crypto.com to Power Public Service Crypto Payments
TL;DR MoU Partnership: Dubai Finance has partnered with Crypto.com to enable cryptocurrency payments for public services, marking a major step toward a cashless economy. Secure...
Tether Breaks Supply Record as Tron Overtakes Ethereum
TL;DR Tether (USDT) total supply surpassed $150 billion, driven by steady demand and increased activity in the crypto market. Tron overtook Ethereum as the leading...