Tether revealed its plans to cease support for its derivative gold stablecoin aUSDT after the organization decided to change its product strategy. The organization released the stablecoin in 2024 through Alloy by Tether. Itsa platform created to tokenize digital assets using tokenized collateral. In this case, users were able to
UFC Freedom 250 gained a lot of media coverage as the event took place at the South Lawn of the White House premises. Several high-profile fights were scheduled at UFC Freedom 250, which garnered attention from sports enthusiasts as well as from cryptocurrency investors. While fights were taking place in
Proof of significant global adoption is the +673% rise in stablecoin active addresses in the last five years. Nevertheless, the analysts at JPMorgan are challenging the notion that an increase in consumption would always lead to a rise in market capitalization. According to JPMorgan’s estimations, stablecoin transactions have reached an accelerated
As part of its crypto strategy, which also include its digital asset network and US dollar stable card, financial services behemoth Western Union is aiming to launch its new stablecoin in May. Western Union president and CEO Devin McGranahan stated: “Over the last few months, we’ve crossed an important threshold.
A System Built for the 1970s, Used in 2026 For all the innovation in financial technology over the past decade, the global payments system still runs—at its core—on infrastructure designed in the 1970s. International transfers continue to rely on correspondent banking networks, fragmented clearing systems, and delayed settlement cycles. The
The Hong Kong government has not issued any HKD stablecoin licenses, despite earlier commitments to begin the approval process in March this year. The HKMA is still reviewing the applications and has not announced any approvals. Also, stretching the deadline beyond the earlier stated timeframe by the officials. The officials,
Singapore-based StraitsX announced a sharp increase in the growth of its stablecoin card program, indicating a rise in the adoption of Southeast Asia’s digital payments ecosystem. The StraitsX stablecoin card program experienced a fortyfold increase in transaction volume from the fourth quarter of 2024 to the 2025 periods. The StraitsX
Ripple CEO Brad Garlinghouse has called stablecoins a “ChatGPT moment” for the cryptocurrency space during a recent discussion. While offering his insights to FOX Business, he also explained that stablecoins could unlock widespread adoption for cryptocurrency. This is by simplifying access to blockchain-based financial systems for both institutions and consumers
Coinbase rejected the CLARITY Act draft due to its potential to limit innovation in the stablecoin and digital asset space. The company was concerned about the way the draft legislation treats yield-generating stablecoin products that exist across platforms. The officials claimed that the current draft lacks clear guidelines for activities
Circle gave feedback on the European Union’s Market Integration Package, with a focus on enhancing the clarity of regulations in the digital asset space. The company emphasized the need for unified regulations that bring together supervision, licensing, and operational regulations Officials emphasized that a unified framework could help simplify compliance
