Tagged: stablecoins

April 18, 2025 @ 12:55 pm By JD Alois  |  

Nansen is out with a report on the Stable Act, the legislation that creates a regulatory environment for fiat based stablecoins, and who is most likely to benefit. The report notes that yield-bearing, decentralized offerings will be no more as the digital dollar must be… Read More

April 17, 2025 @ 8:27 am By Omar Faridi  |  

Tether, which claims to be the largest company in the digital asset industry, has made a strategic investment in Fizen Limited, a Fintech specializing in self-custody crypto wallets and digital payments. This investment underscores Tether’s commitment to supporting solutions that aim to “enhance financial accessibility… Read More

April 15, 2025 @ 8:52 am By JD Alois  |  

Digital asset firm Elliptic will be working with Monerium on enabling compliance and AML solutions under the MiCA regulation in Europe. The two firms note that real-time, multi-chain compliance cuts manual intervention by 60%, supporting Monerium’s Euro (EURe) stablecoin and other operations. Monerium holds an… Read More

April 13, 2025 @ 6:40 pm By Omar Faridi  |  

CI recently received detailed commentary from blockchain and web3 industry professionals focused on emerging trends such as tokenization, stablecoins, and other forms of digital innovations. Over the past few years, the blockchain and crypto space has emerged from a niche market to an ecosystem ready… Read More

April 8, 2025 @ 2:44 pm By Omar Faridi  |  

In a significant move within the blockchain and cryptocurrency space, Cap, a stablecoin company, has secured $11 million in seed funding from a group of  investors, including asset management firm Franklin Templeton. The investment round also attracted participation from trading firm Susquehanna, investment firm Triton… Read More

April 7, 2025 @ 8:44 am By JD Alois  |  

Last week, the Securities and Exchange Commission (SEC) issued a statement on stablecoins declaring they are not securities and thus not regulated by the agency. The SEC, Division of Corporate Finance, said that as long as the stablecoin is tied to the dollar and does… Read More

April 7, 2025 @ 7:10 am By Omar Faridi  |  

Circle has submitted its response to the Financial Stability Board’s (FSB) thematic peer review on the implementation of its global regulatory framework for crypto-asset activities. In this response, Circle outlines the importance of “having domestic regulations that allow consumers to benefit from global stablecoins while… Read More

April 4, 2025 @ 4:43 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Division of Corporate Finance (CorpFin), has issued a statement on stablecoins. During the last administration, the SEC’s position was that pretty much all crypto was deemed to be securities. Bitcoin was an exception, and perhaps Ethereum. Things have changed… Read More

April 3, 2025 @ 2:15 pm By Omar Faridi  |  

Ripple, a provider of digital asset infrastructure for financial institutions, today announced that Ripple USD (RLUSD) has been integrated into Ripple’s  payments solution, Ripple Payments, driving enterprise “utility and demand for the asset.” RLUSD is described as an “enterprise-grade,” USD-denominated stablecoin created with utility, and… Read More

April 3, 2025 @ 8:04 am By Omar Faridi  |  

Quantoz Payments, a “regulated” issuer of electronic money tokens that are designed to be compliant with MiCA, announced the expansion of its stablecoins EURQ and USDQ to the Algorand (ALGO) blockchain. Algorand-based DeFi platform Folks Finance will offer trading pairs for EURQ and USDQ, providing… Read More

April 2, 2025 @ 8:32 am By Omar Faridi  |  

Circle Internet Group, Inc., the issuer of the world’s second-largest stablecoin, USD Coin (USDC), has officially filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). This move marks a significant milestone for the cryptocurrency industry, reflecting growing mainstream acceptance… Read More

March 31, 2025 @ 9:31 pm By Omar Faridi  |  

The decentralized finance (DeFi) community was once again rattled by a significant security breach targeting Magic Internet Money (MIM), a USD-pegged stablecoin issued by the Abracadabra protocol. According to an in-depth analysis by CertiK, a blockchain security firm, the exploit resulted in the loss of… Read More

March 31, 2025 @ 12:11 pm By Omar Faridi  |  

The Bitcoin and broader cryptocurrency market is experiencing a whirlwind of activity as we close out the first quarter of 2025. From institutional investments and regulatory shifts to innovative stablecoin developments, the past week alone has delivered updates that signal a maturing yet overly cautious … Read More

March 31, 2025 @ 8:16 am By Tony Zerucha  |  

Fipto, a blockchain-based stablecoin payments infrastructure company, has been officially licensed as a payments institution by the French Prudential Control and Resolution Authority (ACPR), part of the Bank of France. Fipto’s infrastructure bridges digital and fiat currencies, enabling businesses to make instant payments with stablecoins… Read More

March 30, 2025 @ 7:52 pm By Omar Faridi  |  

Bitstamp, which claims to be the world’s “longest-running” crypto exchange announced an expansion of stablecoin offerings, enhancing trading pairs for USDC and EURC in partnership with Circle, a provider of digital asset infrastructure and stablecoin solutions. This move reinforces Bitstamp’s commitment to providing its users… Read More

March 28, 2025 @ 6:05 am By Omar Faridi  |  

Stable Sea, a stablecoin liquidity and orchestration company that facilitates stablecoin offramping to global markets, announced a $3.5 million funding round led by Kindred Ventures with participation from Ludlow Ventures, DFS Lab, The Venture Dept. and The Fintech Fund. The proceeds from the funding round… Read More

March 27, 2025 @ 2:32 pm By Omar Faridi  |  

Circle is pleased to announce that USDC and CCTP V2 are now live on Linea, reportedly making it the “first” blockchain to upgrade from Bridged USDC Standard to native USDC. According to stablecoin issuer Circle, this latest milestone enhances liquidity, security, and capital efficiency for… Read More

March 26, 2025 @ 4:52 pm By JD Alois  |  

While a draft version of the Stable Act has been in circulation for some time now, the House Financial Services Committee has officially introduced the legislation, which aims to enable a regulated environment for the issuance of stablecoins. While many global jurisdictions are pursuing CBDCs… Read More

March 26, 2025 @ 11:23 am By JD Alois  |  

Bitso Business, a part of Bitso that aims to provide infrastructure for other digital asset firms, says it has launched a new subsidiary called Juno. Juno aims to support the issuance and management of digital assets. Bitso did not clarify if these digital assets included… Read More

March 25, 2025 @ 11:00 pm By Omar Faridi  |  

Rain, a global card issuing platform powered by stablecoins, announced $24.5 million in new funding led by Norwest Venture Partners. New investors joining the funding round included the following: Galaxy Ventures, Goldcrest, Thayer, and Hard Yaka. Existing investors Lightspeed Venture Partners, Coinbase Ventures, Vinyl Capital,… Read More