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Over the last seven days, the stablecoin sector posted a slight contraction of $90.01 million, bringing the market’s total valuation to $323.052 billion, according to figures compiled by Defillama. Tether continues to dominate the category, with its market capitalization sitting just below the $190 billion threshold at $189.468 billion, accounting for 58.65% of the stablecoin … Read more
XRP and RLUSD were described as serving separate XRP Ledger roles, with XRP routing trades and RLUSD supporting dollar-based transactions. Evernorth’s Sagar Shah described XRP as an intermediary asset that routes trades in the background, while stablecoins remain tied to issuer requirements and compliance obligations. XRP Ledger Routing Structure Separates XRP From RLUSD As tokenized … Read more
Already implemented in SUI’s mainnet, the feature allows users to send any amount of funds held in stablecoins without paying fees. Adeniyi Abiodun, co-Founder and CPO of Mysten Labs, qualified this milestone as a game-changer and stated that traditional networks could become obsolete. Sui Launches New Gasless Stablecoin Payments Targeting Increased Human And Agentic Use … Read more
25 additional banks have joined Qivalis, a European stablecoin initiative now backed by 37 financial institutions across 15 countries. The project reflects growing efforts by European lenders to build blockchain-based payment infrastructure independent of U.S.-dominated networks. European Banks Expand Qivalis to 37 Members Across 15 Countries A growing coalition of European banks is accelerating efforts … Read more
Fintech payroll platform Ontop has partnered with stablecoin yield infrastructure provider Opentrade to launch a platform-wide ~3% APR rewards program for its remote workforce users. Mitigating Risk for Cross-Border Workers Ontop has rolled out a ~3% APR rewards program for its global workforce users after integrating stablecoin yield infrastructure from Opentrade. Under the program, Ontop … Read more
Bank of England Deputy Governor Sarah Breeden has detailed a comprehensive plan to modernize the UK financial ecosystem by integrating stablecoins, asset tokenization, and overhauled payment architectures. A Shift in Stablecoin Regulation The Bank of England will publish draft rules for systemic stablecoins next month, aiming to finalize a regulatory framework by year-end in alignment … Read more
The stablecoin sector climbed to a fresh zenith of $323.343 billion during the last seven days as $1.542 billion entered the market. Tether posted a modest 0.04% gain while maintaining market dominance near 58.67%. Tether Commands 58.67% of Stablecoin Market; Western Union USDPT Rises 597,568% Tether’s USDT remains the dominant force in the stablecoin sector … Read more
HYPE, reached a yearly high of $46.93, soaring 17% in 24 hours following news that Coinbase will stake HYPE to activate AQAv2. The Shift to USDC Integration HYPE, the utility token of the decentralized exchange and layer 1 protocol Hyperliquid, surged to $46.93 on Friday, its highest point this year. The rally followed an announcement … Read more
The Bank of England is walking back key parts of its stablecoin rulebook after the digital assets industry pushed back hard against proposals officials now admit may have gone too far. Bank of England Revisits Stablecoin Limits That Industry Called ‘Cumbersome’ Deputy Governor Sarah Breeden, who oversees financial stability at the UK central bank, told … Read more
Coinbase is stepping in as the official treasury deployer for USDC on Hyperliquid under a new framework called AQAv2, ending a fragmented stablecoin setup on one of decentralized finance’s most active perpetuals platforms. Coinbase Becomes USDC Treasury Deployer on Hyperliquid as Native Stablecoin USDH Winds Down Announced Thursday, the arrangement places Coinbase at the center … Read more