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...
Tag : 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...