Stablecoins
DeFi

Tether putting $23 billion gold stockpile to work with bullion-backed loans

The stablecoin issuer is extending its tokenized gold strategy by allowing holders of XAUT to borrow against their bullion, mirroring bitcoin-backed lending without selling the…
Infrastructure

MoneyGram CEO on rolling out MGUSD to its 60 million users, globally

MoneyGram has been quietly building on blockchain for over five years. Now, with its own stablecoin (MGUSD), a Kraken partnership, a validator seat on the…
DeFi

Binance will be cut off from Europe on July 1 – Removes the “best liquidity in the world” says CZ

The July 1 deadline will show whether licensed venues can absorb users without weakening execution or stablecoin access. The post Binance will be cut off…
Institutional

Ripple got RLUSD into Japan, now the stablecoin race begins as Circle and Nomura join

Ripple and SBI announced the official launch of RLUSD in Japan on June 24, following JFSA approval, with the stablecoin available to institutional and retail…
Infrastructure

Asset management giant Invesco files for tokenized fund targeting stablecoin reserve market

The $2.5 trillion asset manager deepens its blockchain push after taking over Superstate’s tokenized money market fund as fund manager earlier this year. Read Full…
Institutional

Invesco Files for Tokenized Stablecoin-Reserve Money Market Fund Built on Superstate Rails

US asset manager files for a GENIUS Act reserve money market fund whose shares are recorded directly on public blockchains, with Superstate as sub-transfer agent…
DeFi

Magic Internet Money Falls 50% Below Peg as Abracadabra Declares Emergency

Abracadabra.money declared emergency measures after its MIM stablecoin fell roughly 50% below its $1 peg, triggering interest rate hikes across all Cauldrons, a halt to…
DeFi

Spark, Uniswap, and Sky Launch $150M Liquidity Migration to Build Shared Stablecoin FX Layer

Spark, Uniswap, and Sky are launching shared stablecoin liquidity infrastructure, beginning with a $150 million USDS migration to Uniswap v4 pools designed to serve a…
Institutional

Chainlink’s latest stablecoin push targets the capital stuck in bank FX settlement

The framework targets T+0 payment-versus-payment settlement while keeping banks on familiar Swift and ISO 20022 workflows. The post Chainlink’s latest stablecoin push targets the capital…
Markets

Bitcoin crash below $60,000 triggers $1 billion loss as markets now price Fed rate hike by October

Bitcoin price fell below $60,000 this week and touched its lowest level since October 2024 as traders abandoned expectations for interest-rate cuts and began preparing…