Solana News: Stablecoin Supply Hits $15Bn With New Issuers Reshaping the Mix
In Solana news today, the network’s total stablecoin market cap crossed $15Bn for the first time, according to Token Terminal data. The question the number...
Tag : stablecoin
United Stables adopts Chainlink infrastructure as U stablecoin tops $1B supply
United Stables has adopted Chainlink as the official oracle and cross-chain infrastructure for its U stablecoin after the asset surpassed $1 billion in circulating supply...
HashKey taps Kbank, BPMG in South Korea stablecoin payments push
HashKey Group has signed a memorandum of understanding with South Korea’s Kbank and blockchain technology company BPMG Group to develop digital asset business models focused...
Exodus cuts 25% of workforce in major stablecoin payments pivot
Exodus Movement has cut about 25% of its global workforce as the crypto wallet company reorganizes around a full-stack stablecoin payments platform. Summary Exodus has...
Why stablecoin wallets have no deposit insurance
The FDIC protects bank depositors, and through a mechanism called pass-through insurance, it can protect people who hold money through intermediaries. Stablecoin holders assumed they...
Japanese logistics company eyes JPYC stablecoin to pay drivers
The planned rollout would let thousands of transportation contractors receive digital yen payments more frequently and quickly. AZ-COM Maruwa Holdings, a major Japanese logistics company,...
US regulators miss key GENIUS Act deadline as stablecoin rules stall
U.S. financial regulators have missed the GENIUS Act’s one-year deadline to complete key rules for the country’s federal stablecoin framework. Summary US regulators missed the...
US agencies miss GENIUS Act deadline for final stablecoin rules
US regulatory agencies missed the rulemaking deadline under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act on Saturday, which marked one year...
Piero Cipollone rattles Coinbase and Circle with stablecoin warning
Piero Cipollone has warned that stablecoins could drain bank deposits as Coinbase fell 1.75% to $157 and Circle lost 6% across five sessions to trade...
Stablecoin growth will erode bank deposits, says ECB’s Cipollone
ECB’s Piero Cipollone said stablecoin adoption could erode bank deposits, but the digital euro will keep banks at the center of payments. European Central Bank...