Stablecoins

Drift Secures $148 Million from Tether and Drops USDC After Massive Exploit

Drift Protocol is attempting a major comeback after one of the largest DeFi exploits of the year, securing $148 million…

1 week ago

White House Says Stablecoin Yield Poses Minimal Threat to Small Banks, Undermining Key Industry Argument

The White House Council of Economic Advisers (CEA) has pushed back against one of the biggest claims made by traditional banks—stating that…

2 weeks ago

South Korea Moves to Regulate RWA Tokens and Stablecoins Under Existing Financial Laws

South Korea is accelerating its push into digital assets, proposing a new framework that brings tokenized real-world assets (RWAs) and…

2 weeks ago

SoFi Launches 24/7 Banking Hub Blending Traditional Cash with Crypto

SoFi is pushing deeper into crypto-powered finance with the launch of a new 24/7 banking hub designed to seamlessly integrate traditional…

3 weeks ago

Circle Stock Drops as Stablecoin Yield Ban Threatens Business Model While Tether Gains Ground

Shares of Circle fell sharply—dropping around 20%—after new language in the CLARITY Act signaled a potential ban on stablecoin yield, putting pressure…

4 weeks ago

CLARITY Act Crackdown on Stablecoin Yield Could Boost Tether and Push Users to DeFi

Crypto regulation in the United States is heating up as new language in the CLARITY Act proposes banning stablecoin issuers…

1 month ago

Delaware Moves to Regulate Stablecoins With New Licensing Framework to Attract Crypto Firm

Delaware lawmakers have introduced new legislation that would establish one of the most comprehensive state-level regulatory frameworks for stablecoin issuers…

1 month ago

SEC Issues First-Ever Definitions Clarifying When Crypto Assets Are Securities

The U.S. Securities and Exchange Commission (SEC) has released its first formal definitions outlining when crypto assets qualify as securities, marking a major…

1 month ago

Mastercard to Acquire Stablecoin Firm BVNK in $1.8 Billion Deal

Payments giant Mastercard is set to acquire stablecoin infrastructure company BVNK for up to $1.8 billion, marking one of the largest acquisitions in the crypto…

1 month ago

Alibaba Backs Singapore’s MetaComp to Scale Hybrid Stablecoin Payments

Chinese tech giant Alibaba has backed Singapore-based fintech company MetaComp in a $35 million funding round aimed at expanding infrastructure for hybrid fiat-and-stablecoin payment systems used in global…

1 month ago