Taiwan mandates licenses for crypto firms under the new Virtual Asset Service Act. Stablecoin issuers need central bank and FSC approval with full reserve backing. New law imposes tougher penalties for fraud, manipulation, and unlicensed […]
Solana has received another major injection of stablecoin liquidity after Circle reportedly minted an additional $1 billion in USDC on the network around July 1. The move adds to a year that has already seen […]
Circle CEO Jeremy Allaire has defended USDC’s competitive position following the launch of the Open USD consortium. He argues that stablecoin success depends on long-term network effects rather than fee structures or shared governance models. […]
There’s a fresh question on every XRP watcher’s desk right now. If a big-tent, dollar-backed stablecoin lands with heavyweight partners and Ripple is inside the room, does that finally become a tailwind for XRP rather […]
OpenUSD will initially launch without XRPL support, prompting questions about Ripple’s long-term strategy in the consortium. Ripple has joined the OpenUSD (OUSD) consortium as a launch integration partner, placing itself inside a stablecoin initiative […]
Binance is adjusting its stablecoin framework for users in the European Economic Area as the European Union’s Markets in Crypto-Assets regulation reaches a key stablecoin milestone. The rules taking effect on July 1, 2026, require […]
Circle’s stock, CRCL, dumped 17.5% to $62.63 on the 30th of June, marking the largest daily loss since March. It’s worth noting that in March, the stock fell 20% following a draft proposal to ban […]
Backed by over 140 companies, Open USD promises zero-fee minting, collaborative governance, and reserve yield sharing ahead of its launch. Open USD (OUSD) stablecoin has emerged as one of the crypto market’s biggest trending […]
The U.K.’s Financial Conduct Authority (FCA) reduced the proposed capital requirements for stablecoin issuers as it set out its formal guidance for cryptocurrency regulations. The financial services regulator cut the amount of financial backing that […]
Still, he argued that the Circle’s 16% selloff on Tuesday went too far. “I think it is an overreaction,” he told CoinDesk. Circle selloff (TradingView) He pointed to Paxos’ Global Dollar Network (USDG), another consortium-backed […]
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