Stablecoin

Trust, Not Size, Key to Stablecoin Success, Says Concordium CEO

Trust, Not Size, Key to Stablecoin Success, Says Concordium CEO

Concordium CEO Boris Bohrer-Bilowitzki warns that excessive dollar dependence could lead to systemic instability, stressing the need for multi-currency diversification. He envisions stablecoins playing a key role in payment finance (PayFi), offering instant settlements, lower fees, and programmability. Stablecoin Concentration Around a Single Currency Presents Risks The stablecoin market has been overwhelmingly dominated by USD-pegged […]

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Tether plans new US dollar stablecoin as reserves near 0B amid Washington lobbying

Tether plans new US dollar stablecoin as reserves near $120B amid Washington lobbying

Q1 2025 audit shows excess reserves down to $5.6 billion from $7 billion. Tether’s reserves are managed by Cantor Fitzgerald, raising scrutiny over potential conflicts. Competitor World Liberty Financial, backed by the Trump family, also plans to launch a stablecoin. Tether, the world’s largest stablecoin issuer by market capitalisation, is preparing to launch a US-based

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.82T Stablecoin Boom Set to Speedrun Banking History, Says A16z

$1.82T Stablecoin Boom Set to Speedrun Banking History, Says A16z

Andreessen Horowitz’s A16z crypto reports stablecoin volumes soaring to $1.82 trillion, igniting a payments revolution and accelerating adoption of instant, low-cost global finance infrastructure. $1.82 Trillion Stablecoin Explosion Sets off Payment Revolution in Global Finance Andreessen Horowitz’s crypto division, A16z crypto, highlighted a sharp rise in stablecoin activity in an April 25 editorial, reporting that

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Trump-Linked Stablecoin USD1 Fuels  Billion Binance–Abu Dhabi Power Move

Trump-Linked Stablecoin USD1 Fuels $2 Billion Binance–Abu Dhabi Power Move

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The stablecoin USD1, issued by World Liberty Financial, has been chosen to handle a major $2 billion investment from MGX into Binance, according to reports. This move marks a new chapter for the crypto exchange and adds fresh attention to the stablecoin

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Report: Tether Targets US Market With New Stablecoin Launch by Year-End

Report: Tether Targets US Market With New Stablecoin Launch by Year-End

During a CNBC interview, Paolo Ardoino, Tether’s chief executive, disclosed that the firm intends to introduce a new stablecoin for the U.S. market this year. Tether Preps U.S. Stablecoin Launch, CEO Says It Outpaces TradFi in Enforcement Commanding the world’s largest stablecoin, with $148.94 billion in circulation, Tether has plans to launch yet another stablecoin

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GENIUS Act Revival Triggers Senate Showdown Over B Trump Stablecoin Deal

GENIUS Act Revival Triggers Senate Showdown Over $2B Trump Stablecoin Deal

U.S. Senators introduced a revised version of the GENIUS Act aimed at enacting stablecoin regulation on Thursday, marking a key step forward in the process of potentially advancing the legislation into law. Revised GENIUS Act Introduced In Senate According to a press release for Senate Majority Leader John Thune (R-SD), the new legislation will proceed

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Bitget Wallet and Paydify Partner to Expand Everyday USDT, USDC Payments

Bitget Wallet and Paydify Partner to Expand Everyday USDT, USDC Payments

Non-custodial Bitget Wallet has announced its integration with the universal crypto payment gateway Paydify. It is now Paydify’s first wallet integration partner. According to the press release, this integration allows merchants to accept stablecoin payments from Bitget Wallet users. They can pay through Paydify’s infrastructure with Tether (USDT) and USD Coin (USDC) at select online

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GENIUS Act Revival Triggers Senate Showdown Over B Trump Stablecoin Deal

Circle Rejects Ripple’s $5B Play—Is a Bigger Offer Coming?

The USDC stablecoin issuer Circle has reportedly turned down an acquisition bid of between $4 billion and $5 billion made by Ripple. Circle Rejected Ripple Takeover Bid of $4-5B https://t.co/6VPRVN5hZx pic.twitter.com/mP3Ff6EEKU — matthew sigel, recovering CFA (@matthew_sigel) April 30, 2025 According to Bloomberg, people familiar with the matter disclosed that the bid was declined, with

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Circle Gets Abu Dhabi Nod—Will Its B IPO Follow?

Circle Gets Abu Dhabi Nod—Will Its $4B IPO Follow?

Key Takeaways: Circle secures Abu Dhabi’s regulatory approval, edging closer to UAE dominance. Hub71 partnership grants Circle sandbox access and startup grants. IPO filing targets $4 billion valuation with JP Morgan and Citi Backing. Circle, the company behind USDC and EURC stablecoins, took a major step forward. Abu Dhabi’s Financial Services Regulatory Authority (FSRA) granted

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Circle Secures Abu Dhabi Approval Amid Global Expansion

Circle Secures Abu Dhabi Approval Amid Global Expansion

Key Notes USDC parent company Circle can now operate as a money services provider in Abu Dhabi. The company is not yet fully licensed to operate but is considered compliant with existing regulations. Its expansion in the UAE also features an earlier approval from the Dubai Financial Services Authority (DFSA). . Circle Internet Financial, the

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