New Coinbase Fund Targets DeFi Liquidity Gaps Across Aave, Kamino, and More
TLDR: Coinbase launches a second Stablecoin Bootstrap Fund through CBAM to deepen DeFi stablecoin liquidity. Initial liquidity pla...
Arc Blockchain Launch Plans Drop as Circle Posts Strong Q2 Gains
TLDR: Arc will run as an EVM-compatible Layer-1 with USDC as its native gas token. USDC circulation jumped 90% year-over-year to $...
Terra's Do Kwon to Change 'Not Guilty' Plea in US Fraud Case
Do Kwon previously had pleaded "not guilty" to multiple fraud charges earlier this year.
Paxos Renews High-Stakes Bid for National Trust Bank Status in U.S.
TLDR Paxos has applied to the Office of the Comptroller of the Currency for a national trust bank charter. The company plans to co...
Animoca, Standard Chartered, and HKT Team Up for Hong Kong Stablecoin License Pu...
TLDR: Anchorpoint applies for a Hong Kong stablecoin license as new regulations take effect. Joint venture combines banking, telec...
Animoca Brands and Standard Chartered Establish Stablecoin Issuer in Hong Kong
The joint venture, known as Anchorpoint, also includes Hong Kong Telecom and aims to build a business model for the issuance of li...
USDC Emerges As Top Pick In Booming Crypto Payroll Trend—Survey
A growing number of workers are now getting paid in crypto. In 2023, just 3% of those surveyed said part of their salary arrived a...
Trump-Linked WLFI Firm Pushes Stablecoin Loyalty Play With USD1 Points Launch
TLDR: World Liberty Financial launches USD1 Points to reward stablecoin users for engagement and activity. Rewards may be earned t...
Ripple to Buy Stablecoin Payments Firm Rail for $200M to Boost RLUSD
The Rail acquisition is a way for Ripple to delve deeper into the fast-growing stablecoin ecosystem after launching its RLUSD stab...
Stablecoin Market Cap Soars 4.87% to $261B Following 22-Month Growth Streak
Stablecoin market cap soars 4.87% to new all-time high of $261B following unprecedented 22-month growth streak powered by $1.60T t...