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USD Coin (Wormhole)

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Stablecoins Fail BIS “Three Key Tests” as New Report Warns of Financial Risks

Stablecoins Fail BIS “Three Key Tests” as New Report Warns of Financial Risks

A new report from the Bank for International Settlements (BIS) has cast doubt on the long-term role of stablecoins in the global financial system, ...
South Korea’s biggest banks unite for won-backed stablecoin to reclaim monetary sovereignty

South Korea’s biggest banks unite for won-backed stablecoin to reclaim monetary sovereignty

South Korea’s eight largest commercial banks have joined forces to launch a Korean-won-pegged stablecoin, forming the country’s first unified finan...
Bank of Korea Backs Phased, Bank-Led Rollout of Stablecoins

Bank of Korea Backs Phased, Bank-Led Rollout of Stablecoins

The Bank of Korea is advocating a cautious rollout of a won-backed stablecoin, restricting issuance to commercial banks initially.
European stablecoin usage reaches new highs after initial MiCA shock

European stablecoin usage reaches new highs after initial MiCA shock

Stablecoin usage is growing rapidly in Europe, nearly doubling in the past year. The Asian market, however, lowered its share of activity to just 1...
Mastercard & Chainlink Just Changed Crypto Forever – Buy Bitcoin On-Chain with Your Card!

Mastercard & Chainlink Just Changed Crypto Forever – Buy Bitcoin On-Chain with Your Card!

In a game-changing move, Mastercard and Chainlink are enabling all 3.5 billion Mastercard holders to buy crypto directly from DEXs like Uniswap — f...
SEI Price Soars on Circle Sparks Investor FOMO; Traders Now Ask Is $1 Next?

SEI Price Soars on Circle Sparks Investor FOMO; Traders Now Ask Is $1 Next?

Sei Network (SEI) surged over 17% in the last 24 hours, climbing to a daily high of $0.3341 before settling near $0.30 at the time of writing.  The...
Ripple IPO Buzz Grows as XRP Futures Surge Past $500 Million

Ripple IPO Buzz Grows as XRP Futures Surge Past $500 Million

Ripple is facing renewed IPO speculation after John Deaton highlighted its potential $100B valuation, as CME's XRP futures surpass $500M in notiona...
Tether’s competition is growing, and it’s not just Circle 

Tether’s competition is growing, and it’s not just Circle 

Tether’s USDT stablecoin has once again asserted its dominance in the crypto ecosystem, with circulating supply skyrocketing past $156 billion, a r...
Republic of Palau audits the country's Stablecoin Pilot project on the XRP Ledger

Republic of Palau audits the country's Stablecoin Pilot project on the XRP Ledger

The Office of Public Auditor for the Republic of Palau has audited the country’s Stablecoin Pilot project on the XRP Ledger.  A 12-page document fr...
Stablecoins lack the settlement function of fiat money

Stablecoins lack the settlement function of fiat money

Top central bankers said stablecoins “perform badly” as money, contradicting U.S. President Donald Trump’s push to make them a pillar of mainstream...