Stablecoins
Institutional

SoFi's Bank-Issued Stablecoin Hits $150M as Bullish Becomes First CEX to List It

SoFiUSD, the first stablecoin issued by a US national bank, crossed $150 million in circulating supply on Tuesday as Bullish became the first centralized exchange…
Payments

Synthetix Governance Votes to Retire sUSD, Pay Holders in Vested SNX

Synthetix governance has moved to retire sUSD entirely under SIP-423, introduced June 12. The proposal would freeze the stablecoin contract and pay all holders back…
Institutional

British pound stablecoins capped to $53B ceiling as Bank of England sets out stablecoin rules

The new framework removes wallet caps, yet keeps systemic sterling stablecoins far below dollar-token scale at launch. The post British pound stablecoins capped to $53B…
Institutional

U.S. Senate passes housing bill that carries four-year ban on a Fed CBDC

The idea of a U.S. central bank digital currency — though little more than a research topic at the Federal Reserve — may be getting…
Stablecoins

Comparing Bitcoin Giant Strategy to Terra Luna Is a STRC, Benchmark Says

The analysts underscored that Strategy’s Stretch (STRC) can’t technically lose its “peg.” Read Full Story at Decrypt.co →
Payments

World Liberty Financial's USD1 Supply Grows 9.7% in a Week to $4.85 Billion

USD1’s circulating supply expanded 9.7% over the past seven days to $4.85 billion, a 100th-percentile move that pushes the World Liberty Financial-issued stablecoin past Sky’s…
Infrastructure

Morgan Stanley Files Amended S-1s for Spot Solana and Ethereum Trusts

Morgan Stanley’s amended S-1 filings for its spot Solana and spot Ethereum trusts name BNY Mellon and Coinbase Custody as joint custodians, set a 0.14%…
Stablecoins

Strategy Pads Cash Reserves to $1.4B After STRC's Stumble

Michael Saylor’s firm topped up its USD cash reserve to $1.4 billion as it made its smallest Bitcoin buy since selling 32 BTC three weeks…
Infrastructure

MoneyGram joins Solana as validator amid stablecoin payment push

The remittances firm has become a validator on the Solana blockchain, helping process and secure transactions as it expands its stablecoin payments strategy. Read Full…
Stablecoins

Michael Saylor’s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion

Bitcoin Magazine Michael Saylor’s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion Strategy purchased 520 bitcoin for $35 million last week, increasing…