The stablecoin market is dominated by US dollar-backed tokens, but that might change in 2026. The UK Financial Conduct Authority (FCA) has set its sights firmly on stablecoins as a major priority for 2026. In a recent letter to Prime Minister Keir Starmer, FCA Chief Executive Nikhil Rathi outlined plans...
Stablecoins are a type of digital asset developed to maintain a stable value, mostly linked to a given asset or a fiat currency such as the U.S dollar. Despite their development, these assets can deviate from their attached value in a process popularly known as depegging. Stablecoins depeg for various...
Stablecoin issuer Tether has profit margins that would make even the richest companies in the world envious. Tether Holdings Ltd., the company behind the world’s largest stablecoin USDT, expects to generate close to $15 billion in profit this year, Bloomberg reported, citing comments from CEO Paolo Ardoino. The El Salvador–based...
Circle might break one of the great unspoken rules of crypto to provide better protection for customers. Circle (NYSE: CRCL), one of the biggest stablecoin operators in global markets, is considering ways to introduce reversible transactions in an effort to curb fraud and improve dispute resolution. The initiative marks a...
Yet another use for stablecoins. Bullish (NYSE: BLSH), a global digital asset platform, has rewritten financial history by raising $1.15 billion in proceeds through its initial public offering (IPO) entirely in stablecoins. The listing marks the first time a U.S. public company has conducted its IPO settlement using blockchain-based assets...
Wyoming is getting into the business of stablecoins with its FRNT token. On August 19, the Wyoming Stable Token Commission announced the launch of the Frontier Stable Token (FRNT) on mainnet, becoming the first U.S. public entity to issue a fully reserved, dollar-pegged stablecoin. Wyoming's stablecoin to work on multiple...
Tether and Circle target high throughput for ultra-fast payments. The race for control over payments infrastructure is accelerating, and stablecoin issuers like Tether and Circle are no longer content to rely solely on Ethereum, Solana, or other general-purpose blockchains. Instead, they’re building dedicated blockchains to hardwire their tokens into the...
Circle Internet Group’s (NYSE: CRCL) stock slipped in extended trading and premarket after the company moved to sell 10 million Class A shares, cooling a breathtaking rally of roughly 425% since going public on June 5. The deal involves the issuance of two million new Circle shares and eight million...
Crypto markets roared back to the spotlight this week, driven by institutional momentum, historic legislation, and a surge in altcoin performance. From XRP breaking its all-time high to Bitcoin overtaking tech giants in market value, these are the key stories in crypto this week. Trump to sign first major U.S....
The stock has jumped about 6% since the announcement. With the recent passage of the Guiding and Establishing National Innovation for U.S. Stablecoins, or GENIUS, Act, in the U.S. Senate, stablecoins are expected to explode across the financial landscape. The bill must still get approved by the House, and then...
With Europe’s MiCA and Asia’s emerging bills, stablecoins are entering a new era of legitimacy, highlighting growing global momentum behind fiat-pegged digital assets French banking heavyweight Societe Generale has announced plans to issue a U.S. dollar-pegged stablecoin on Ethereum and Solana, a move that would make it the first major...
New developments this week show crypto pushing deeper into mainstream finance, corporate strategy, and even global sports. This week’s highlights include Ethereum's three-month high, a strategic $1B shelf filing tied to Solana, and a Champions League finalist adding Bitcoin to its books. PSG becomes first football club to add Bitcoin...
Officials warn that unregulated stablecoins could threaten financial stability and monetary control The Bank of Korea (BOK) is weighing the launch of a state-backed stablecoin, officially referred to as a deposit token, as part of efforts to reduce South Korea’s reliance on foreign-issued digital assets. The plan, revealed during the...
This week in crypto saw a flood of institutional moves, political shake-ups, and regulatory momentum. From Bitcoin racing toward the $100K mark to landmark stablecoin legislation and Coinbase’s record-breaking acquisition, these stories defined the week in the crypto space. Trump hints at global deal, sends Bitcoin surging above $100K Bitcoin...
The first federal stablecoin framework is advancing to a vote as lawmakers clash over transparency and timing Senate leaders are advancing a Thursday vote on the GENIUS Act, a landmark proposal to regulate dollar-backed stablecoins, despite growing resistance and an uncertain legislative outlook. Officially named the Guiding and Establishing National...
