South Korea postpones decision on corporate crypto investments
The regulators focused on crypto investor protection and new stablecoin rules while postponing the question of corporate crypto trading. Go to Source
Stablecoins
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Ethena Stablecoin Nears $6B Market Cap, Tops $250M in Revenue
USDE is the flagship stablecoin product of Arthur Hayes-backed Ethena Labs. It’s a synthetic dollar that uses a “delta-neutral” strategy to maintain its peg with the U.S. dollar. USDE is Quietly Leading the Niche Stablecoin Market The $212 billion stablecoin market is currently dominated by Tether (USDT) and USDC, but a new entrant has quietly … Read more
Philippine banks collaborate to launch PHPX stablecoin on Hedera
Philippine banks are collaborating to launch the PHPX stablecoin for real-time remittances, leveraging Hedera’s DLT network and cross-border payment solutions. Go to Source
Circle contributes $1M USDC to Trump’s Inauguration Committee
Overcollateralized stablecoin issuers like Tether and Circle are collectively the world’s 18th-largest buyers of US government debt. Go to Source
2025’s Stablecoin Shifts: Massive Outflows for Tether, Big Gains for USD0 and USDX
The stablecoin market, currently valued at $206 billion according to defillama.com, has experienced notable shifts, including growth in the first six days of 2025. Nearly $4 Billion Vanishes as Tether and Ethena Decline in Early 2025 Among the top ten stablecoins, tether (USDT) and ethena usd (USDE) recorded significant outflows, collectively amounting to nearly $4 … Read more
Aave proposal to peg Ethena’s USDe to USDT sparks community pushback
The Aave community has pushed back against the proposal, questioning whether it addresses the core risks. Go to Source
Crypto VCs reveal what they’re looking for in 2025
Political tailwinds in the United States and anticipation of a friendlier regulatory climate are positive signs for the crypto industry. Go to Source
Frax community approves frxUSD stablecoin backed by BlackRock’s BUIDL
According to RWA.XYZ, BlackRock’s US dollar Institutional Digital Liquidity Fund has over $648 million in assets under management. Go to Source
Tether, Tron and TRM Labs jointly froze $126M USDT in 2024
“Cryptocurrency transactions are not anonymous; they are the most traceable and trackable assets,” Tether CEO Paolo Ardoino said in April. Go to Source
2024 Fiat-Pegged Economy Swells—Stablecoins Reach $200B, Tether’s Market Soars 50%, New Players Emerge
With bitcoin (BTC) cruising past the $100,000 mark and the crypto economy swelling dramatically in value this year, multiple sectors saw significant expansion. Stablecoins, a major player in the digital asset realm, now exceed $200 billion in total valuation, reflecting a $73 billion increase in this subset of fiat-pegged cryptocurrencies. Stablecoins Flourish While Rankings Shift … Read more