Theo closes $100M facility backing gold-linked yield stablecoin
In recent developments, a new gold-linked yield stablecoin aims to tap commodity markets for returns as institutions explore alternatives to Treasury-backed tokens. Looking closer, market participants highlight key drivers such…
PayPal expands PYUSD stablecoin to users in 70 countries
In recent developments, payPal is rolling out its PYUSD stablecoin in 68 additional countries beyond the US and UK, aiming to reduce cross-border fees and offer rewards on holdings. Looking…
Mastercard agrees to acquire BVNK in $1.8B stablecoin deal
In recent developments, mastercard agreed to acquire BVNK for up to $1.8 billion as it expands further into stablecoin and blockchain-based payments. Looking closer, market participants highlight key drivers such…
Circle’s Wild Stock Comeback Turns Stablecoins Into a Wall Street Talking P…
In recent developments, circle Internet Group’s stock has reentered the market’s spotlight this month, and the reaction from traders has been swift. Stablecoin Economics Sends Circle Stock Soaring Shares of…
US ban on stablecoin yield could see others fill the void: Ledger exec
In recent developments, ledger’s Asia-Pacific lead, Takatoshi Shibayama, has added his take as crypto and banks continue to debate whether to allow third-party platforms to offer stablecoin yields. Looking closer,…
Circle’s USDC overtook Tether’s USDT in adjusted YTD volume: Mizuho
In recent developments, analysts at the investment company said the change was significant because the stablecoin “winner” will be the one people use for everyday transactions. Looking closer, market participants…
Stablecoin uncertainty could hurt banks more than crypto firms: Expert
In recent developments, regulatory uncertainty around stablecoins may disadvantage banks, as crypto firms continue expanding while financial institutions wait for clearer rules. Looking closer, market participants highlight key drivers such…
Blackrock Frames Ethereum as Primary Beneficiary of Rising Stablecoin Adoption
In recent developments, institutional research is reshaping crypto narratives as Blackrock’s latest outlook frames Ethereum as a central beneficiary of surging stablecoin use and tokenization, signaling a shift from speculative…
Stablecoin Market Loses $3.3 Billion a Week After Record High
In recent developments, seven days after the stablecoin sector printed a record $310.426 billion on Jan. 17, the market has given back $3.327 billion—proof that even “stable” capital has a…
Stablecoin yield bans could push capital offshore into ‘unregulated instrum…
In recent developments, proposed restrictions under the US CLARITY Act could drive demand for offshore and synthetic dollar products as investors seek yield outside regulated markets, experts warn. Looking closer,…
