Key Takeaways StablecoinX reported 3 billion ENA tokens, roughly 20% of ENA supply, in its latest operations report. The $218.4 million ENA treasury ties StablecoinX to Ethena’s $3.9 billion USDe market. Investors will watch StablecoinX’s […]
Aptos has crossed a notable stablecoin milestone, but its native token is not exactly celebrating. USDT supply on the network has moved beyond $1.1 billion after crossing $1 billion earlier this year, with Tether’s stablecoin […]
Key Takeaways Ripple expects more than 1,500 attendees and over 75 speakers. Robinhood, BNY, and ICE executives have joined the conference. Swell and XRPL Apex will operate as one event for the first time. Ripple […]
Key Takeaways Bitgo’s Q2 revenue jumped 80% to $4.3B, but it still posted a $19M net loss. Bitgo’s $65.2B in assets and 148% growth in stablecoin assets show rising institutional crypto demand. Bitgo targets $15M […]
Key Takeaways Tether’s USDT supply fell by about $4B over 60 days, including $870M in the past 11 days. USDT still holds 60% of stablecoins, but shrinking supply may signal weaker crypto liquidity. Tron hosts […]
Stablecoin is becoming more and more like regular money and is no longer just a market for trading cryptocurrency. An analysis by a16z indicates that cryptocurrency payment cards have reached monthly purchases totaling over $750 […]
Institutional Real Estate Tokenization in Saudi Arabia was spearheaded by Tether in collaboration with Hadron, First Data, and BKN301. The project kicks off with real estate and aims to move on to other tangible assets. […]
Key Takeaways JPYC’s Series B funding reached about 6 billion yen, or $38 million, after AZ-COM Maruwa Holdings invested $6.3 million. AZ-COM Maruwa plans to pay roughly 2,300 truck drivers and contractors using JPYC, a […]
Key Takeaways MiCA licensed 35 tokens, but excluded major issuers like Tether, leaving many EU users unprotected. Strict MiCA rules cut off EU users from global stablecoins, limiting market access for major tokens. The EU […]
On a16z crypto podcast, the CLARITY Act debate circled back to one big uncomfortable question that ‘could clearer rules have made another FTX-style collapse less likely?’ As per comments from the August 1st podcast, the […]
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