Stablecoin Sector Smashes Past the $290 Billion Milestone

On Wednesday, the stablecoin market cracked into uncharted territory, vaulting past the $290 billion mark for the first time ever after padding its coffers with more than $4 billion in fresh capital over the past week. From USDT to RLUSD, Every Fiat-Pegged Token Joins the $290B Stablecoin Party Stablecoins are stealing the spotlight, complete with … Read more

Fed Day Dry Powder: Cryptoquant Analyst Tracks $7.6B Stablecoin Pile on Exchanges

With the Federal Reserve meeting today, onchain flows are telegraphing that crypto traders are topping off exchanges and leaning long ahead of a widely expected 25-basis-point cut. Pre-Fed Positioning Stablecoins are doing the heavy lifting. Cryptoquant data shows $7.6 billion in fresh USDT and USDC (ERC-20) deposits heading to trading venues ahead of the decision. … Read more

Indexing the Plumbing: Bitwise Moves on Stablecoin and Tokenization ETF

Bitwise has filed plans for a Stablecoin and Tokenization exchange-traded fund (ETF) that tracks an index of companies and crypto-asset exchange-traded products (ETPs) tied to the guts of onchain payments and asset settlement. Bitwise Aims ETF at the Back-End of Crypto: Issuers, Oracles, and ETPs Bitwise Funds Trust submitted a post-effective amendment on Sept. 16, … Read more

Tether Taps Anchorage Digital to Roll out USAT Under Federal Charter

According to the stablecoin giant’s latest announcement, Tether tapped Anchorage Digital to issue the firm’s U.S.-focused stablecoin called USAT, a move both firms pitch as a federally supervised template for U.S. dollar tokens. Tether, Anchorage Digital Pair up on U.S.-Focused USAT Anchorage Digital Bank NA, a federally chartered digital asset bank, will oversee issuance, reserve … Read more

Metamask Taps Transak to Power Stablecoin Deposits, Adds mUSD Support

On Monday, the Web3 and payments infrastructure firm Transak revealed it will exclusively power stablecoin onramping in Metamask’s Deposit button, with upcoming support for metamask usd (mUSD), according to a company statement shared with Bitcoin.com News on Sept. 15, 2025. Transak Becomes Exclusive Onramp for Metamask’s Deposit Flow Transak said Metamask users in the U.S. … Read more

Crypto Industry Pushes Back Against Bank of England Stablecoin Ownership Caps

Cryptocurrency groups and industry executives are urging the Bank of England to abandon proposed ownership caps on systemic stablecoins, £10,000–£20,000 (about $13.5K to $27K) for individuals and £10 million (about 1.35M) for businesses, arguing the limits would put the UK at a competitive disadvantage versus the US and EU and be costly or infeasible to … Read more

Stablecoin Market Hits Fever Pitch With $290 Billion in Play This Week

According to the latest stablecoin figures from defillama.com, the market is edging closer to the $290 billion threshold, with a current valuation of $289.40 billion. From Tether to Paypal: Stablecoins Battle for Billions This week’s snapshot of fiat-pegged tokens via defillama.com shows the sector expanded by $2.733 billion in seven days. Tether’s share has slipped, … Read more

From USDT to USAT: Tether Maps a Stateside Playbook

Tether plans a new chapter in dollar-linked tokens, unveiling USAT—a planned U.S.-regulated, dollar-backed stablecoin—and naming Bo Hines as CEO-designate of Tether USAT. Tether’s Next Act: A U.S.-Regulated Dollar Token Called USAT Framed as a U.S. product from day one, USAT will target businesses and institutions that want a digital cash alternative governed by strict standards … Read more

Polymarket Bets, Early Validator Votes Show Native Markets Poised to Snag Hyperliquid’s USDH Crown

Polymarket bettors are giving Native Markets a sky-high 94% shot at landing the prize: the rights to roll out the Hyperliquid network’s upcoming native USD stablecoin, which would trade under the ticker USDH. Hyperliquid Stablecoin Race Turns Lopsided as Native Markets Nears Lock-In In the past week, a handful of players have been jostling for … Read more

Farce or Fair Play? Dragonfly Executive Blasts Hyperliquid’s USDH RFP

Haseeb Qureshi has criticized Hyperliquid’s USDH stablecoin request for proposal process, calling it a “farce” and alleging it was tailored to favor Native Markets. Allegations of a ‘Backroom Deal’ A top executive at the crypto venture fund Dragonfly has labeled Hyperliquid’s USDH stablecoin request for proposal (RFP) a “farce,” claiming the process was designed to … Read more

You have not selected any currencies to display