stablecoin
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cryptoBinance Stablecoin Reserves Plummet 19%, Signaling Crypto Liquidity Crunch
Binance sees a significant drop in stablecoin reserves, mirroring a broader crypto liquidity drought. Analysts warn of continued challenges without renewed inflows.
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financeJane Street Sued for Alleged Front-Running in Terraform Labs Collapse
A lawsuit accuses Jane Street of profiting from insider information, accelerating the downfall of Terraform Labs and its stablecoin.
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cryptoBank of Korea Pushes for Bank-Led Stablecoin Issuance
South Korea's central bank renews calls for commercial banks to lead stablecoin issuance, citing financial stability and monetary policy concerns.
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financePayPal Explores Sale Amidst Significant Stock Decline
Payments giant PayPal reportedly attracting takeover interest as stock slides, signaling potential industry consolidation and strategic shifts.
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cryptoTrump-Backed Stablecoin Briefly De-pegs Amid 'Coordinated Attack' Claims
USD1, a stablecoin linked to the Trump family's crypto venture, momentarily fell below its dollar peg. The company alleges a deliberate attack.
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financeStandard Chartered Revises Stablecoin Impact, Maintains $2T Market Forecast
Standard Chartered analysts adjust T-bill demand projections for stablecoins but reaffirm a significant $2 trillion market cap by 2028.
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cryptoBitGo to Issue New Stablecoin FYUSD for Asian Institutional Investors
Crypto infrastructure firm BitGo will issue and custody the new FYUSD stablecoin, targeting institutional investors in Asia with GENIUS Act compliance.
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cryptoTether Halts CNH₮ Stablecoin Amidst Low Demand and Regulatory Scrutiny
Tether is discontinuing its CNH₮ stablecoin due to low adoption and market pressures, redirecting resources to its dominant USDT offering.