Tether-Backed Orionx Shuts Down After $7M Crypto Shortfall
TLDR: Orionx is shutting down after a $7M+ customer asset shortfall was confirmed. Withdrawals are frozen while Orionx pursues cri...
Dollar-backed stablecoins can push local currencies lower, Bank of Korea study f...
Buying pressure in Binance-paired currencies correlates with local currency depreciation as market makers balance positions.
South Korea targets February 2027 rollout for full tokenized securities market
Financial regulators unveiled a phased roadmap moving traditional capital markets onto distributed ledgers, concluding with onchai...
Tether Reports $1.3B Q2 Profit As Excess Reserves Reach $5.2B
Read the latest update on Tether Reports $1.3B Q2 Profit As Excess Reserves Reach $5.2B.
Circle Reserve Attestation Shows USDC Backing Above Circulating Supply
Read the latest update on Circle Reserve Attestation Shows USDC Backing Above Circulating Supply.
Bank of America and Citi Join 21-Firm USD Stablecoin Plan
TLDR 21 financial institutions committed on Sept. 1 to form a stablecoin company in the second half of 2026. The group plans to la...
Citi, Goldman, other global banks and asset managers team up on stablecoin ventu...
The group will focus first on a U.S. dollar stablecoin for payments and digital asset settlement, with a euro token a priority for...
Ethena Targets Banking With a Surprising Stablecoin Push
TLDR Ethena launched Ethena Pay, a consumer finance app combining stablecoin savings, card spending, transfers, and fiat onramps....
Ethena pushes stablecoins into everyday banking with high-yield savings, cards a...
Ethena Pay offers a 6% dollar savings rate and 5% card cashback, using Avalanche for settlement.
Singapore proposes 100% reserves and a ban on yields for stablecoin issuers
The country’s financial watchdog says its proposed stablecoin rules are aligned with U.S. and EU frameworks and that it also paves...