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Ethena founder claims USDe growth drives increased creation of Tether’s USDT

Ethena founder claims USDe growth drives increased creation of Tether’s USDT

Ethena Labs founder Guy Young has stated that its synthetic dollar, USDe, benefits leading stablecoin issuer Tether. In a post on X, Young noted th...
PayPal shakes up stablecoin market with 3.7% interest rewards on PYUSD

PayPal shakes up stablecoin market with 3.7% interest rewards on PYUSD

Payment giant PayPal is rolling out a new rewards initiative that will allow US users holding its PYUSD stablecoin to earn up to 3.7% interest annu...
World Liberty Financial Denies Report of Selling Ethereum, Will ETH Price Bounce Back Quick?

World Liberty Financial Denies Report of Selling Ethereum, Will ETH Price Bounce Back Quick?

Coinspeaker World Liberty Financial Denies Report of Selling Ethereum, Will ETH Price Bounce Back Quick? World Liberty Financial (WLFI) dismissed r...
Bearish Cloud Over Ethereum, Can It Break Through?

Bearish Cloud Over Ethereum, Can It Break Through?

The crypto market continues to remain under the control of the mighty bears. Major assets had begun to recover but have since lost their recent gai...
US House Passes STABLE Act for Stablecoin Regulation

US House Passes STABLE Act for Stablecoin Regulation

The United States House Financial Services Committee has passed the stablecoin regulation framework bill.
Wormhole ($W) Defies Market Slump with 12% Rally – What’s Next?

Wormhole ($W) Defies Market Slump with 12% Rally – What’s Next?

Wormhole ($W), a leading interoperability protocol with a multichain-native token, has emerged as one of the best-performing altcoins despite chall...
Fidelity launches crypto IRAs, allowing retirement investment in Bitcoin, Ether, and Litecoin

Fidelity launches crypto IRAs, allowing retirement investment in Bitcoin, Ether, and Litecoin

Fidelity Investments has introduced an IRA that permits private investors to invest in cryptocurrencies under its web3-focused subsidiary, Fidelity...
BlackRock $1.9B BUIDL fund’s 183% growth puts it behind just four stablecoins in tokenized dollar assets

BlackRock $1.9B BUIDL fund’s 183% growth puts it behind just four stablecoins in tokenized dollar assets

BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has reached $1.92 billion in assets under management less than a month after breaking ...
Yield Stablecoins Are the Future, Says JPMorgan

Yield Stablecoins Are the Future, Says JPMorgan

JP Morgan says yield-bearing stablecoins could soon take over the market. These new types of stablecoins pay interest just like a savings account.
Circle’s USDC doubles market cap in one year reaching a new all-time high above $60 billion

Circle’s USDC doubles market cap in one year reaching a new all-time high above $60 billion

Circle USDC has reached $60 billion in market cap, marking a new high for the stablecoin as it continues its resurgence. According to Defillama, th...