Stablecoins
Institutional

BofA, Citi, Goldman Sachs among 21 institutions planning stablecoin launch

The planned venture will initially focus on a US dollar stablecoin before expanding to other G7 currencies, with a euro-denominated offering next. Read Full Story…
Infrastructure

Arbitrum Jumps 25% on Robinhood Chain Fees as Bitcoin Holds $78,000

ARB led the 108 largest non-stablecoin tokens after chain fees on Robinhood’s network doubled in a day, taking the Arbitrum DAO’s contractual 10% cut to…
Payments

Cathie Wood’s Ark Invest Buys $37 Million in Bitcoin and Payments Firm Block

The investment firm bought 456,059 Block shares across three ETFs and added $3.4 million in Circle stock. Read Full Story at Decrypt.co →
Institutional

Citi, Goldman, other global banks and asset managers team up on stablecoin venture

The group will focus first on a U.S. dollar stablecoin for payments and digital asset settlement, with a euro token a priority for expansion. Read…
DeFi

Firelight raises $8 million, expands beyond XRP as it aims to make DeFi less scary for fintechs

The protocol aims to give fintechs and investors a faster way to recover losses from DeFi hacks, while letting XRP, bitcoin and XLM holders earn…
DeFi

Sberbank Plans to Accept Ether and USDT as Collateral for Crypto-Backed Loans

Russia’s largest bank will widen its crypto lending beyond bitcoin once the assets are cleared to circulate publicly, a deputy chairman told TASS. The post…
DeFi

Russia's Sberbank Sees $46 Billion in Crypto Trading, Plans Ethereum and USDT-Backed Loans

Deputy Chairman Anatoly Popov told state media that trading could hit 4 trillion rubles in its first year, as the bank prepares to broaden crypto-backed…
Institutional

Sberbank plans to add ether and USDT as collateral for crypto-backed loans: Report

The Bank of Russia recently included ETH and USDT in a draft list of cryptocurrencies approved for public trading on Russian exchanges. Read Full Story…
Stablecoins

Markets pivot to September Fed rate hike: Five things to know in Bitcoin this week

Bitcoin approached the August monthly close below key resistance with markets once again pricing in a Federal Reserve interest-rate hike in September. Read Full Story…
Payments

Circle Becomes Chelsea’s Front-of-Shirt Sponsor in Premier League First for Crypto

Circle takes over the Premier League shirt slot Chelsea left empty for three years. The post Circle Becomes Chelsea’s Front-of-Shirt Sponsor in Premier League First…