State Street has launched a government money market fund tailored for stablecoin issuers as new U.S. regulations begin to define how reserve …
Stablecoin
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MassPay Holdings LLC and Coinbase announced a strategic partnership to expand stablecoin-based payouts for businesses around the world. The integration combines MassPay’s …
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Markets
Ripple invests in Flutterwave, pushing its stablecoin and XRP Ledger into payments across Africa
by shayaanby shayaanThe deal values Flutterwave at $3.2 billion, and will integrate Ripple’s RLUSD and the XRP Ledger network to speed cross-border payments across …
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Scams
Scale of Stablecoin Adoption in Nigeria Makes Risks ‘More Pronounced’, Says IMF
by shayaanby shayaanIn brief A new IMF report has highlighted the “striking” scale of stablecoin adoption in Nigeria. The IMF warned that adoption sharpens …
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The U.S. Government Accountability Office is pressing the FDIC to improve coordination around crypto and stablecoin risks, putting another spotlight on how …
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Analysis
AAVE Price Surges 15% as V4 Deposits Climb and Stablecoin Demand Rebounds
by shayaanby shayaanThe AAVE price is back on traders’ radar after rallying 15% intraday, bouncing from the long-standing $60 demand zone to trade around …
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The crypto card company stressed that these volumes result from a more conscious use of stablecoins, driven by concrete problem-solving rather than …
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DeFi
Abracadabra.money injects $100K into Curve pool to stem MIM stablecoin depeg
by shayaanby shayaanDecentralized finance protocol Abracadabra.money has moved to stabilize its algorithmic stablecoin, Magic Internet Money (MIM), by injecting $100,000 into its primary liquidity …
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Markets
Trump-linked stablecoin used for bonus payouts at White House UFC contest
by shayaanby shayaanUFC Freedom 250 paid fighter bonuses in USD1, the stablecoin issued by the Trump-linked crypto venture World Liberty Financial, at a contest …
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Regulation
Federated Hermes launches money market fund for GENIUS Act stablecoin reserves
by shayaanby shayaanFederated Hermes has launched a new money market fund designed for stablecoin reserve management, introducing a product that can be used by …