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Stablecoin Sinks to $0.68: sUSD Loses Its Peg, Sparks Fears of SNX Death Spiral?

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The synthetic stablecoin sUSD, long pegged to the U.S. dollar and core to the Synthetix ecosystem, has dramatically lost its peg, falling as low as $0.68. What initially appeared to be a minor deviation has since spiraled into a month-long crisis, exposing deep structural vulnerabilities and unsettling the broader DeFi community. #PeckShieldAlert $sUSD has depegged, […]

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Stablecoin Growth Is Slowing Down—What It Means For Bitcoin

Leave a Comment / Bitcoin, BTC, BTCUSDT, Stablecoin, Stablecoin Growth, Stablecoins, Stables / best time

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the stablecoins have been witnessing a slowdown in growth recently. Here’s what this could imply for Bitcoin and other cryptos. Stablecoin Market Cap Still Rising, But At A Much Slower Rate In a new post on X, the on-chain

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Tether Backs Fizen to Boost Global Stablecoin Adoption

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Tether has invested in fintech firm Fizen to accelerate the real-world adoption of stablecoins and promote global financial inclusion through user-friendly self-custody payment solutions. Fizen Secures Strategic Investment from Tether to Expand Stablecoin Utility Tether, the world’s leading stablecoin issuer, has announced a strategic investment in Fizen Limited, a fintech startup focused on self-custody wallets

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Russia Must Build Its Own Stablecoins, Finance Ministry Official Says

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Russia should develop its own stablecoins, a senior finance official said on Wednesday, after USDT wallets linked to the country were frozen last month, disrupting digital transactions and raising concerns over reliance on foreign-issued tokens. Osman Kabaloev, deputy head of the Financial Policy Department at the Finance Ministry, said on Wednesday that Russia should consider

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Russia Eyes Own Stablecoins After USDT Blockage

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A senior official from Russia’s Finance Ministry has suggested that the country should develop its own stablecoins pegged to various currencies following the recent blocking of USDT stablecoin wallets linked to Russia. Dollar-pegged stablecoins have gained popularity for facilitating fund transfers between cryptocurrencies and cash, especially as Western sanctions have complicated international payments for Russian

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Bigger Threat Than Tariffs? Italy’s Minister Warns US Stablecoins Could Destabilize the Euro

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Key Takeaways: U.S.-backed stablecoins offer European citizens an appealing method for cross-border transactions. The minister expressed concern that the widespread use of these stablecoins could undermine the international role of the euro. The European Central Bank is advancing the digital euro project, which seeks to consolidate European payment systems. According to a Reuters report on

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Elliptic, Monerium Partner to Enhance Compliance for EURe Stablecoin

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Cryptocurrency analytics firm Elliptic has partnered with Monerium, a Reykjavik-based Electronic Money Institution (EMI), to enhance anti-money laundering (AML) and compliance measures for its EURe stablecoin. Monerium Taps Elliptic to Navigate MiCA Rules Amid Euro Stablecoin Boom According to the announcement shared with Bitcoin.com News, the collaboration aims to automate cross-chain transaction monitoring and reduce

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Stablecoin Market Will Top T by 2028: Standard Chartered

Stablecoin Market Will Top $2T by 2028: Standard Chartered

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The bank published a report that estimates an almost ten-fold increase in the supply of stablecoins by the end of 2028 if the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act is passed later this year. Standard Chartered Predicts $2 Trillion Stablecoin Market by 2028 London-based Standard Chartered bank published a research report

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Ethena Labs Exits Germany, Ends MiCAR Pursuit Following BaFin Agreement

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Key Takeaways: Ethena Labs’ exit from Germany and withdrawal from MiCAR approval is part of the mounting regulatory hurdles facing stablecoin issuers in the EU. The company’s swift migration of users and operations to its British Virgin Islands entity shows how crypto firms adapt by shifting jurisdictions to maintain business continuity amid local crackdowns. BaFin’s

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JPMorgan Expands Kinexys Network to Include British Pound Accounts, Targeting Stablecoin Market Gaps

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JPMorgan added British pound-denominated accounts to its blockchain-based payments network, Kinexys, aiming to fill a gap left by the stablecoin market’s predominant focus on the U.S. dollar. Kinexys enables corporate clients to transfer funds between JPMorgan accounts and currently processes over $2 billion in daily transactions. The GBP expansion follows the network’s recent capability to

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