Layer 1 blockchain Plasma showcased the massive demand for exposure to the stablecoin sector this morning, filling a $500 million initial coin …
Stablecoin
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Senate Majority Leader John Thune has scheduled a key procedural vote for Wednesday on stablecoin legislation backed by both the crypto industry …
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The long-debated bipartisan GENIUS Act—set to establish the United States’ first comprehensive federal framework for stablecoin regulation—may pass the Senate as soon …
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Markets
Plasma’s XPL Token Sale Attracts $500M as Investors Chase Stablecoin Plays
by shayaanby shayaanPlasma, a crypto startup developing a blockchain optimized for stablecoins, attracted $500 million in deposits for its token sale on Monday — …
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Tech behemoths Apple, Google, Airbnb, and X (formerly Twitter), among others, are reportedly exploring the integration of stablecoins into their platforms, according …
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Fidelity Investments, one of the world’s most respected financial institutions, has made significant strides in digital assets in recent years. The firm …
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Markets
Stablecoin Fever With Circle Soaring Another 40%: Apple, X Among Those Reportedly Wanting In
by shayaanby shayaanApple, Airbnb, Google and Elon Musk’s X are holding early discussions with crypto companies about integrating stablecoins into their payment systems, according …
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Markets
Deutsche Bank Considers Stablecoin or Joining Industry-Led Initiative, Exec Says
by shayaanby shayaanDeutsche Bank is studying stablecoins and tokenized deposits as part of its growing digital assets strategy, joining other major banks exploring blockchain …
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Web3
Yield bearing stablecoin comes to Solana via Maple Finance’s Chainlink integration
by shayaanby shayaanMaple Finance has deployed its liquid yield-bearing stablecoin, syrupUSDC, on the Solana network using Chainlink’s Cross-Chain Interoperability Protocol, introducing new capital strategies …
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Analysis
Circle’s Stock Rips by 175% on First Day of Trading Amid Flood of Interest in the Stablecoin Issuer’s IPO
by shayaanby shayaanThe shares of the stablecoin giant Circle surged on its first day as a public company. In a post on the social …