Payments
DeFi

Circle Economist Proposes 50% Rate Ceiling to Snap Aave's USDC Liquidity Crisis

Some users pushed back via Aave’s governance forum, fearing the changes would fuel liquidations on the lending protocol. Read Full Story at Decrypt.co →
Payments

Tether freezes $344M USDt stablecoins at US law enforcement request

The stablecoin issuer cited “activity tied to unlawful conduct” but no further explanation for the freezing of the dollar-pegged tokens held in two wallet addresses.…
Markets

Bitcoin enters disbelief phase as USDC exchange reserves push above $7.5B

A negative Bitcoin funding rate and $7.5 billion in USDC reserves suggest traders may start positioning against the bearish trend. Will BTC price keep rising?…
Payments

MoonPay launches fiat-to-stablecoin virtual accounts in New York

MoonPay has expanded its virtual accounts product to New York, allowing businesses to convert fiat into stablecoins and settle funds without prefunding across jurisdictions. Read…
Institutional

US Bankers association push for 60 day pause to stop stablecoin rules going live

US banking groups are pressing regulators to slow parts of the federal rollout of the GENIUS Act, opening a new front in their broader fight…
Payments

Tether freezes $344 million in USDT on Tron tied to 'illicit activity'

The stablecoin issuer said the action followed U.S. law enforcement requests as global watchdog FATF warned of growing role of digital dollars in illicit money…
Payments

Tether Freezes $344M USDT in Coordination with U.S. Law Enforcement

The stablecoin issuer says it has now supported more than 2,300 cases worldwide, including over 1,200 with U.S. agencies. Read Full Story at Thedefiant.io →
DeFi

Circle Proposes Emergency Rate Changes to Unstick Aave's Frozen USDC Pool

Stablecoin issuer argues Aave’s interest rate curve is failing to clear the $1.89B pool after four days at full utilization. Read Full Story at Thedefiant.io…
Payments

Banks seek to slow down implementation of crypto's GENIUS Act on stablecoin oversight

U.S. banking groups argued that a number of federal agencies are moving quickly on stablecoin regulations, making it hard to understand how rules will interact.…
DeFi

Flight to safety: How Maker’s Spark and USDC are winning the $10 billion Aave breakup

Funds leaving Aave are splitting across safer lending, simpler ETH exposure and off-chain yield, with stablecoins acting as a temporary refuge. Read Full Story at…