EmberCN, an on-chain analyst, revealed today that a wallet linked with Pump.fun has deposited around $148 million in stablecoins to Kraken. This transaction sees a continuing pattern of huge exchange-bound transfers seen in the last two months. The data also reveals that the recent deposit included USDC and USDT shifted
The regulator of Dubai’s main Financial free zone, Dubai Financial Services Authority (DFSA), has reset its crypto rules. It banned the privacy tokens and tightened stablecoin definitions. All of these rules are applied only inside the Dubai International Financial Centre (DIFC). This ban takes effect from January 12 and applies
South Korea is set to relax its ban on investing in crypto by corporations and will therefore bring about a significant change in policy that will help open up the market for digital assets to new institutions. The Financial Services Commission has been seen to have updated the guidelines to
Vitalik Buterin states that decentralized stablecoins still don’t function effectively in the long run, even after many years of development. He believes that the crypto industry has not solved some fundamental problems. He identified the three Big problems. Dollar-pegged stablecoins are only temporary solutions Most of the stablecoins are pegged
XRP saw a significant slip to $2.09 on January 9, marking around a 15% low from its highest point of this year. The data from DeFi Llama reveals that the supply of stablecoins in XRP Ledger has continuously risen this year. It has witnessed a 33% jump in the past
According to the analysis, the payment volumes for the stablecoins in the year 2025 surged 72%, reaching $33 trillion, and it is expected to attain $56.6 trillion by 2030, based on the estimates provided by Bloomberg Intelligence, indicating the expected growth in the adoption of these coins on the payment
Zodia Custody, a highly secured vault for Crypto, has become the first global crypto custodian to support AUDM, which is Australia’s first regulated Australian dollar stablecoin. This move makes it safer and more secure for the Banks, funds, and large institutions to safely use stablecoins in Australia. AUDM Gains Institutional-Grade
Wyoming has taken a forward step toward crypto adoption by introducing a U.S. state-backed dollar token, bringing a regulated digital dollar into public crypto markets. The Wyoming state governor has officially announced the launch of Frontier Stable Token (FRNT) in his X post on Wednesday, January 7th. I'm pleased to
World Liberty Financial, a cryptocurrency company with strong ties to the current President of the United States, Donald Trump, has also reportedly applied for a national trust bank charter with the OCC (Office of the Comptroller of the Currency) in the United States. The proposed charter is expected to pave
Barclays, one of the world’s largest banks, has made its first-ever investment in a stablecoin-related company. It bought a stake in the U.S.-based firm called Ubyx, which builds infrastructure for using Stablecoins in the traditional financial systems. But Barclays did not reveal how much it has invested in Ubyx. Basically,
