Once against all-things crypto, Visa has rapidly changed its position Visa is taking another step into digital finance with a new stablecoin payout pilot in the United States. The program allows businesses with fiat-funded accounts to send payments directly in USDC, a stablecoin pegged to the US dollar, to crypto wallets through Visa Direct. The
Stream Finance disclosed a $93 million shortfall earlier in the week, prompting serious concerns Elixir, a decentralized finance liquidity provider, has shut down operations for its synthetic stablecoin deUSD following a major loss connected to Stream Finance. The decision comes after Stream disclosed a $93 million shortfall earlier in the week, causing a chain reaction
The cryptocurrency exchange sees a lot of bot activity, but this may not be a bad thing CEX.io has reported that nearly three-quarters of stablecoin transactions in the third quarter of 2025 were driven by automated bots. The exchange’s research showed that 71% of the record $15.6 trillion in stablecoin transfers came from bot activity,
The idea of reversible crypto transactions breaks away from the mantra of digital currency Circle, the issuer behind USD Coin (USDC), is exploring whether transactions using its stablecoin could one day be reversible. The idea, shared by company president Heath Tarbert, is being considered as a potential safeguard for users affected by fraud or hacks.
The two-year-old stablecoin continues to find more support in the crypto community PayPal is expanding the reach of its US dollar-backed stablecoin, PayPal USD (PYUSD), by rolling it out on eight additional blockchains. The move significantly broadens access to the digital asset, which launched in 2023 as the company’s first major step into crypto. PayPal
The company will continue to support existing smart contracts Tether, the issuer of the world’s largest stablecoin, announced on Friday that it has changed course on its earlier plan to freeze USDT smart contracts across five blockchains. Instead of locking tokens, the company will keep them transferable, while halting new issuance and redemption on the
The next two years will be crucial for the development of cryptocurrency regulations in the US The House of Representatives is preparing for another attempt to move forward with key cryptocurrency legislation after a procedural vote fell short yesterday due to resistance from within the Republican Party. Speaker Mike Johnson confirmed that a second vote
Approval would mark the first time a regulated US market accepts a stablecoin as collateral Circle’s USDC stablecoin is set to play a bigger role in traditional finance, with plans underway to use it as collateral in US futures trading. Coinbase Derivatives and Nodal Clear announced this week that they’re working to make USDC eligible
A companion bill in the House still needs to be approved for the legislation to advance The US Senate passed the GENIUS Act, a crucial step towards creating a federal regulatory framework for stablecoins. Legislators approved an amended bill yesterday in a 68-30 vote, formally referred to as the Guiding and Establishing National Innovation for
The Pi Protocol will launch later this year on the Ethereum and Solana blockchains Tether co-founder Reeve Collins is stepping back into the stablecoin market with a new decentralized project aimed at offering yield-producing digital assets. His latest venture, Pi Protocol, is set to launch later this year on the Ethereum and Solana blockchains, introducing
An EU-wide stablecoin initiative is receiving resistance across the union European lawmaker Sarah Knafo has made a strong case for Bitcoin while criticizing the European Central Bank’s (ECB) push for a digital euro. Speaking before the European Parliament, Knafo called for the EU to establish a strategic Bitcoin reserve and reject the central bank digital
The US dollar-backed stablecoin was recently approved by the NYDFS Ripple is launching its new US dollar-backed stablecoin, RLUSD, today. The news followed approval earlier this month from the New York State Department of Financial Services. Initially, RLUSD will be available on select global exchanges and issued on both the Ethereum blockchain and XRP Ledger,
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