Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva, Switzerland, June 12, 2025 – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced the first minting of the USD1 stablecoin on […]
$USD1 Stablecoin Begins Minting on TRON Read More »
Democratic Senators Elizabeth Warren and Richard Blumenthal issued a letter to Meta CEO Mark Zuckerberg, raising concerns over reports that the tech giant is once again exploring the launch of its own stablecoin. In the letter, the senators warn that Meta’s renewed interest in digital currency, reminiscent of its failed Libra and Diem initiatives, could
Senators Slam Meta’s Stablecoin Push, Cite Privacy Risks and Regulatory Loopholes Read More »
Shopify is rolling out support for USDC payments, allowing consumers to pay with stablecoins via Shopify Payments and Shop Pay. The feature, developed in partnership with Coinbase and launching on the exchange’s Base blockchain, is available in early access starting this week and will expand to more merchants over the coming months. New payment rails
Shopify to enable USDC payments via Base across its Checkout ecosystem Read More »
Coinbase announced a Bitcoin-backed credit card and CFTC-compliant perpetual futures for US customers. The exchange made the revelation during its annual State of Crypto Summit on June 12. Perpetual futures for US traders Max Branzburg, head of consumer and business products, said Coinbase will soon list perpetual futures contracts for domestic users under the Commodity
Circle, a US-based publicly traded crypto firm, has expanded the reach of its USD Coin (USDC) stablecoin to the XRP Ledger (XRPL), adding another blockchain to its growing ecosystem, according to a June 12 statement. On-chain data shows that around $2 million worth of the asset had been minted on the network as of press
Circle’s USDC now on XRP Ledger, unlocking new DeFi potentials Read More »
Tether has taken a new step in its long-term strategy of diversifying outside its primary stablecoin issuance business. On June 12, the USDT stablecoin issuer disclosed that it acquired an equity stake in Elemental Altus Royalties, a firm specializing in gold royalties. According to the firm, on June 10, it secured 78.4 million common shares
Tether amplifies gold strategy with around $90 million stake in Elemental Altus Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Senate has moved forward with bipartisan legislation aimed at regulating stablecoins, a measure supported by both the crypto sector and President Donald Trump. Following a 68-30 procedural vote on Wednesday, the bill is set to face final approval as early
Senate Likely To Pass Stablecoin Legislation Next Week – Bloomberg Read More »
Investor demand for Plasma’s upcoming XPL token continues to soar, with the stablecoin infrastructure platform now securing $1 billion in deposits to support the planned sale. Plasma confirmed that its revised $1 billion deposit cap was reached in under 30 minutes on June 12, doubling its initial $500 million target. The firm stated that 2,900
Plasma reopens deposits, secures $1 billion in 30 minutes for XPL Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Brian Moynihan, CEO of Bank of America (BAC), announced on Wednesday that the bank is poised to explore stablecoins once significant crypto legislation is enacted. Future Of Stablecoins In Focus Speaking at a Morgan Stanley conference in New York, Moynihan emphasized the
Bank of America to Consider Stablecoins After Crucial Crypto Laws Pass, CEO Announces Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) and Solana (SOL) take center stage in Binance’s latest Proof of Reserves (PoR) audit published on June 1. As the world’s largest crypto exchange in terms of trading volume, Binance reaffirms that all customer assets are fully backed at a
