Tag: Stablecoins
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Binance Restores USDT and USDC Withdrawals After Breach
Binance USDT USDC withdrawals are open again. Ethereum and BNB Smart Chain are in the first wave. Phase one ran on November 1, 2026, between…
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USDC Circulation Falls $800M as Redemptions Beat Mints
USDC circulation redemptions outpaced new mints in Circle’s October 29 transparency window. Circle issued about $10.92 billion of USDC over seven days and redeemed about…
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First Digital Confirms FDUSD Freeze of 3.4M Tied to Binance Attack
The FDUSD freeze after Binance’s security incident is now on the record from the issuer. First Digital CEO Vincent Chok confirmed the firm froze stolen…
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Moody’s RLUSD Rating Hits A2 Investment Grade for Ripple
Moody's RLUSD rating now puts Ripple USD at A2 for long-term deposits and P-1 for short-term deposits. Moody's Ratings calls both marks investment grade under…
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Arc Stablecoin Supply Jumps 33.51% While Totals Slip
Arc stablecoin supply rose 33.51% over the past week to about $830.34 million. That figure comes from DefiLlama’s Arc tracker. The global stablecoin float slipped…
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Polygon Completes Coinme Acquisition, Expands Into U.S. Payments
Polygon adds 37 state money transmitter licenses and 11 exemptions through Coinme. Tazapay, Mesh, Toku and Kira adopt Open Money Stack for payments, funding and…
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Kyrgyzstan Ends USDKG Stablecoin Project After UK Sanctions
USDKG ends as Kyrgyzstan orders liquidation of its issuer and state-owned crypto exchange. UK sanctions targeted USDKG’s original issuer months before Kyrgyzstan ordered its closure.…
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Citi Partners With Coinbase to Bring Stablecoin Payments to Corporates
Citi clients can accept stablecoins through Spring by Citi without managing digital assets. Coinbase converts stablecoin payments into fiat before Citi settles proceeds for merchants.…
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Binance Buys $100M Circle Stake in New Five-Year USDC Deal
Binance purchased 1.24 million Circle shares for $100 million through a private placement. Circle will pay Binance incentives tied to qualifying USDC balances held through…
