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South Korea’s central bank said it should have legal authority over the approval of won-based stablecoins, warning they could disrupt monetary policy if treated like legal tender. The Bank of Korea, South Korea‘s central bank, said monetary authorities must be…
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CryptoQuant CEO Ki Young Ju predicts the rise of “dark stablecoins” as government regulations on digital currencies tighten. In a recent social media post, Ju shared why censorship-resistant stablecoins might become necessary as traditional stablecoin issuers face increased scrutiny. According…
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The collapse of a procedural Senate vote on stablecoin legislation (GENIUS Act) Thursday underscores the challenges of keeping cryptocurrency policy bipartisan. Once poised for smooth passage, the bill was derailed after last-minute Democratic objections and a lack of time to…
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Official Trump
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BVNK has secured backing from Visa Ventures, marking the payments giant’s latest move to integrate stablecoin technology into its global network. Stablecoin payments infrastructure provider BVNK has secured a strategic investment from Visa, deepening the traditional payments giant’s push into…
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A group of Democratic U.S. senators is calling for a federal investigation into Binance’s connections with the Trump family’s cryptocurrency venture, World Liberty Financial. This investigation request following a $2 billion investment that raised compliance concerns, according to Bloomberg reporting.…
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Meta could be looking to re-enter the cryptocurrency space by integrating stablecoin payments across its platforms. On May 8, five sources familiar with the development told Fortune that the tech giant is in early talks with crypto infrastructure firms to…
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The U.S. Senate voted Thursday against advancing the GENIUS Act, a key bill that would regulate stablecoins, marking a setback for the crypto industry’s push for regulatory clarity. The procedural cloture vote failed 48-49, falling short of the 60 votes…
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Korea’s crypto outflows hit nearly 57 trillion won in Q1, with stablecoins making up almost half as users move funds to overseas exchanges. Almost half of the cryptocurrencies sent abroad from South Korea’s major crypto exchanges in Q1 were dollar-based…
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Stablecoin inflows to Binance surged sharply this week, signaling a potential bullish breakout across the crypto market. In a May 8 post on X, CryptoQuant contributor Darkfost reported that Binance stablecoin inflows have been steadily increasing over the last three…
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Financial infrastructure company Stripe has launched stablecoin accounts in over 100 countries that will allow users to transact using stablecoins. The feature was announced during Stripe’s annual user event in San Francisco, where the company revealed a broader push into…
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USDC
PYUSD
PayPal USD
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LINE NEXT and stablecoin issuer Tether will bring USDT payments and rewards to new users in Asia through LINE Messenger and Kaia blockchain. Stablecoin giant Tether (USDT) has rolled out its USDT stablecoin on the Kaia blockchain, expanding its reach…
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Tether
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World Liberty Financial has opened a governance vote to airdrop its new stablecoin, USD1, to early WLFI holders as a test of its airdrop mechanism. World Liberty Financial (WLFI) has initiated a governance vote to determine whether a small amount…
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TRON has reached a major milestone in the stablecoin market but TRX price seems to be struggling to gain momentum. According to DeFiLlama data, as of May 7, there are $71.9 billion in stablecoins on the network, setting a new…
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The total stablecoin market cap in the Ethereum ecosystem has jumped approximately 1 million-fold since the token reached $1,400 for the first time in January 2018. According to data on DeFi Llama, the ETH (ETH) stablecoin market cap has gone…
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Coinbase CEO Brian Armstrong says congress needs to quickly advance its stablecoin and market structure bills amidst the FIT21 momentum, hoping to have both passed before August. In a recent post, the Coinbase CEO called for immediate action from congress…
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Just days before its Senate vote, the GENIUS Act hit a political minefield: Trump family profits, UAE cash, and nine Democrats demanding answers. What really happened? GENIUS Act hits new resistance On Feb. 4, a bipartisan group of U.S. senators…
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