Category: Stablecoins
Fidelity Launches Stablecoin Reserve Fund Under GENIUS Act Rules
Fidelity launched a money market fund for stablecoin reserve requirements. The fund is designed to comply with the federal GENIUS Act framework. It will invest…
Tether Ends Alloy: Is XAUT Now the Ultimate Digital Gold Play?
Tether is shutting down Alloy and its gold-backed derivative stablecoin aUSDT. New positions and aUSDT minting have been blocked immediately. Existing Alloy users have until…
Stablecoins Aren’t Leaving Exchanges. So Why Is Bitcoin Crashing?
Stablecoins barely moved on exchanges since December 2024, yet Bitcoin swung over 50%. CryptoQuant data shows where the real pressure point sits. The number that…
KRWQ Integrates Chainlink to Boost Transparency for Korean Won Stablecoin Reserves
KRWQ adopts Chainlink Proof of Reserve, becoming the first Korean won stablecoin with automated reserve verification and stronger transparency. KRWQ, the world’s largest Korean won…
IMF Sounds Alarm as Stablecoin Adoption Surges in Nigeria
IMF flags stablecoin risks in Nigeria as crypto inflows hit $59B, raising concerns over dollarization and monetary policy. Nigeria is rapidly becoming one of the…
$273B Stablecoin Market Defies Expectations During Crypto Pullback
The stablecoin market cap holds at $273B despite the crypto correction. Here’s where the liquidity is going instead of exchanges. The stablecoin market cap is…
Ethena and Coinbase Unveil High-Yield USDe Savings Vault
Ethena’s High Yield Vault launched on Coinbase, powered by USDe on Morpho. Steakhouse Fi developed the vault, available to US and global Coinbase users. The…
Mastercard Launches Agent Pay for AI With Stablecoin Support
Mastercard debuts Agent Pay for Machines, letting AI agents transact via cards, accounts, and stablecoins with 30+ partners at launch. Mastercard took a significant step…
NYDFS Targets Circle and Paxos With New Stablecoin Reserve Rules
NYDFS proposes stablecoin reserve caps targeting Circle and Paxos, aligning New York’s framework with the federal GENIUS Act requirements. The New York Department of Financial…
