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Circle Internet Group the issuer of the USDC stablecoin, has formally applied for a national trust bank charter from the U.S. Office of the Comptroller of the Currency. The move was made public via a June 30 press release by…
News
What began as a protocol with Trump-era branding is now neck-deep in institutional-grade DeFi. The WLFI–Re7 Labs partnership on BNB Chain seeks to build the plumbing for tomorrow’s stablecoin economy. According to a press release shared with crypto.news on June…
News
The Bolt Connect platform slashes merchant onboarding to a single click, while stablecoin integration promises near-instant, low-cost global payouts. The move could redefine how digital marketplaces scale. Bolt Financial Inc., the one-click checkout platform that recently partnered with billionaire Peter…
News
Shares of Kakaopay dropped sharply after volatile trading as regulators warn of risks tied to widespread stablecoin adoption. Shares of South Korean digital payments firm Kakaopay tumbled as much as 17% on June 27 after trading resumed Thursday, following a…
News
The MULN stock received a slight pre-market boost after the company issued an announcements informing customers that it would be accepting Bitcoin, TRUMP and other cryptocurrencies for electronic vehicle purchases. According to an official press release, the Nasdaq-listed Mullen Automotive…
BTC
Bitcoin
TRUMP
Official Trump
News
Digital asset firm Taurus SA has officially deployed its first private stablecoin contract. The contract is build on the Aztec network, combining zero-knowledge proofs and compliance. According to a press release sent to crypto.news, what sets the token apart from…
USDC
USDC
News
World Liberty Financial, the Trump-affiliated crypto firm behind the USD1 stablecoin, is preparing to release its first audit and launch a mobile app aimed at retail users. The update was shared by WLF co-founder Zak Folkman on June 25 in…
News
SoFi Technologies is relaunching spot cryptocurrency trading on its platform, with users able to buy, sell, and hold crypto as well as undertake global remittances. The online banking and financial services company’s move to relaunch crypto trading will see its…
News
Tether has increased its stake in Juventus, reportedly as part of a broader effort to re-enter the European market after being sidelined by compliance issues under MiCA. Tether Investments, the investment arm of the stablecoin issuer Tether (USDT) has increased…
USDT
Tether
News
Deputy Managing Director at the IMF Bo Li sees two unresolved issues in the global fight over stablecoin dominance, specifically in the way stablecoins are classified. During his panel speech at the World Economic Forum’s Summer Davos meeting as reported…
News
Russia’s efforts to build alternative payment systems outside Western financial rails may be gaining traction through a new ruble-pegged crypto asset. Per a June 25 report by the Financial Times, a stablecoin with ties to Russia has quietly processed over…
News
FalconX has joined Lynq as a launch partner, alongside other major industry players such as Galaxy, Crypto.com, and Wintermute. FalconX, a leading institutional crypto trading and prime brokerage platform, has joined Lynq, a real-time interest-bearing settlement network, as a launch…
BTC
Bitcoin
News
Interest in a won-linked stablecoin is growing in South Korea, and the country’s largest commercial banks are joining forces to issue one through a joint initiative. According to a June 25 report from local media Economic Review, eight of South…
USDT
Tether
News
Hong Kong Monetary Authority lists a few ‘benchmark qualification’ for firms planning to launch their own HKD-pegged stablecoins. The requirements would serve as the entry threshold According to a report by news outlet Hexun, Hong Kong Monetary Authority Chief Executive,…
Follow-up
As Washington rolls out stablecoin rules, voices in Beijing are warning it’s time to catch up, or risk being left behind. Beijing might finally be warming up to stablecoins, but not without hesitation. In a sign that China may be…
Markets
Circle stock price has gone parabolic after its highly successful initial public offering earlier this month. Circle, trading under the ticker symbol CRCL, jumped to a record high of $298, bringing its market capitalization to $58 billion, slightly below the…
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