Native Markets Wins Race for Hyperliquid Stablecoin USDH, Beating Paxos and Riva...
Native Markets has secured the USDH ticker for Hyperliquid’s native stablecoin, emerging as the winner in a heated governance vote...
Polychain-Backed Yala Stablecoin YU Crashes to $0.20 After Protocol Attack
The Yala stablecoin (YU), a Bitcoin-native over-collateralized stablecoin backed by Polychain, lost its dollar peg around 5:14 UTC...
Tether Shakes Up Stablecoin Market, Unveils New U.S.-Based Rival ‘USAT’
Tether has unveiled USA₮ for the U.S., backing a dollar token with transparent reserves, issued via Anchorage Digital and supporte...
Ethena Labs Withdraws Bid for Hyperliquid’s USDH Stablecoin Amid Pushback
Ethena Labs has withdrawn its proposal to issue Hyperliquid’s upcoming USDH stablecoin, following vocal opposition from the commun...
China Backs Coordinated Stablecoin Supervision – Code-Level Compliance and Third...
Backed by a Chinese state outlet, Fudan’s Han Weili has urged cross-border coordination on stablecoin oversight, proposing third-p...
UK Blockchain Petition Surges After Coinbase Alert – Will It Hit Parliament Soon...
Momentum has built around a petition in the UK on blockchain and stablecoins after Coinbase mobilized users. It calls for a nation...
Nasdaq Welcomes FIGR, $787M IPO Draws Heavy Investor Demand
TLDR: FIGR IPO raised $787M, upsizing to 35.8M shares priced $20–22 each. Valuation climbed to $4.66B, well above initial $4.1B go...
Blockchain Lender Figure Surges Past IPO Target With $787.5M Raise
Figure Technology Solutions, a blockchain-focused lending platform, pulled off a major win on Wall Street, raising $787.5 million...
Bitwise CIO: Banks Should Boost Rewards, Not Fear Stablecoins
Matt Hougan, CIO at Bitwise, is calling out US banks for complaining about stablecoin competition instead of offering better retur...
The GENIUS Act Won't Save the Dollar
U.S. stablecoin regulations will fuel local alternatives, not dollar dominance, Central Chain co-founder Ian Estrada argues.