#stablecoin News & Analysis

Wall Street's BNY expands stablecoin services for institutions, starting with Circle's USDC

Tether putting $23 billion gold stockpile to work with bullion-backed loans

Weekly Project Updates: Sophon Migrates to Base, Berachain Forks to Drop BGT, Synthetix to Phase Out sUSD, etc

Polymarket's pUSD stablecoin has exceeded $500 million in total supply with over one million holders, signaling growing adoption of prediction market infrastructure. This milestone reflects increasing user engagement in decentralized betting and forecasting platforms.

Bolivia shifts to flexible exchange-rate system after 15 years, reshaping crypto landscape

Bolivia has abandoned its fixed exchange-rate system after 15 years in favor of a flexible rate mechanism, a significant macroeconomic shift that could reduce demand for cryptocurrencies as alternative stores of value and reshape stablecoin adoption patterns across Latin America.

Ripple deploys CLARITY truck as Senate delay clouds crypto bill

Ripple has launched a mobile advertising campaign featuring the CLARITY truck to promote the CLARITY Act as the legislation faces delays and reduced momentum in Congress following the Senate recess. The company's escalating public advocacy efforts underscore the crypto industry's push for clearer regulatory frameworks, though competing legislative priorities have narrowed the bill's path to passage.

Tether-pegged USDT0 stablecoin crosses $100 billion transaction volume milestone

USDT0, a stablecoin backed 1:1 by Tether (USDT), has achieved $100 billion in transaction volume while becoming the third-largest holder of USDT itself. This milestone reflects growing adoption of derivative stablecoin protocols and highlights the expanding infrastructure built around the dominant stablecoin ecosystem.

XRP Takes Over Ethereum: Ripple USD Flippening Officially Happens at $801 Million Supply

XRP Ledger has surpassed Ethereum in total Ripple USD (RLUSD) supply, marking a significant shift in stablecoin distribution across blockchains. The flippening occurred as RLUSD supply reached $801 million, with XRP Ledger now leading in the adoption and circulation of Ripple's native stablecoin offering.

Polymarket’s pUSD surpasses $500M in market value as platform overhaul gains traction

Polymarket's native stablecoin pUSD has reached $500M in market value amid a broader platform overhaul, reflecting growing adoption of stablecoins within decentralized prediction markets and DeFi infrastructure. This milestone demonstrates increased confidence in Polymarket's ecosystem and highlights how stablecoins are becoming critical liquidity mechanisms for on-chain financial platforms.

Binance USDT holdings surpass BTC holdings as stablecoin balances shift

Binance's USDT holdings have surpassed its BTC holdings, reflecting a significant shift in stablecoin positioning on the exchange. While this reallocation may signal growing investor confidence in market conditions, it simultaneously introduces downside risk exposure if Bitcoin prices decline sharply.

Ripple used Ethereum to list its RLUSD stablecoin in Japan

Ripple's RLUSD stablecoin achieved regulatory approval in Japan as the country's first Type 4 instrument, but the approved version operates exclusively on the Ethereum blockchain rather than Ripple's native XRP Ledger. This regulatory milestone for RLUSD in a major market comes with the ironic constraint of requiring Ethereum infrastructure.

Trump’s Housing Bill Delay Stalls Federal CBDC Prohibition Until 2030

Trump has delayed a housing bill containing a federal CBDC prohibition clause, pushing the restriction's implementation to 2030 by conditioning passage on Congress first enacting the SAVE America Act. While the CBDC ban is postponed, stablecoin protections within the legislation remain intact, preserving regulatory clarity for alternative digital assets.

Synthetix Founder Takes Blame For sUSD Problems As Protocol Eyes Basis-Vault Fix

Synthetix founder Kain Warwick has publicly acknowledged mismanagement contributing to sUSD stablecoin problems, as the protocol explores a Basis-Vault fix to address underlying issues. This admission signals accountability within the protocol and indicates active efforts to stabilize the sUSD peg and restore investor confidence.

Agora’s AUSD stablecoin market cap rises 100% to $73M on Monad

Agora's AUSD stablecoin has doubled its market cap to $73M on the Monad blockchain, demonstrating growing adoption of alternative stablecoins. However, this growth reveals both the potential for specialized stablecoins as financial infrastructure and underlying risks related to network concentration and competition from established players like USDC and Tether.

Daya raises $2.4M to build stablecoin payment stack for African businesses

Daya, a fintech startup, has raised $2.4M in funding to develop a stablecoin-based payment infrastructure targeting African businesses. The investment underscores growing momentum in crypto-powered solutions for cross-border payments in Africa, though regulatory uncertainty remains a significant hurdle.

Circle and Helicarrier alumni raise seed round for stablecoin startup Daya

Daya, a stablecoin platform founded by former Circle and Helicarrier employees, has secured seed funding to expand cross-border payment infrastructure targeting African markets. The startup aims to reduce transaction costs and streamline business operations across the continent through stablecoin technology.

Ripple's USD Stablecoin Gets Historic Listing in Japan; Fred Krueger Votes for Freezing Satoshi's Bitcoin; Shiba Inu (SHIB) Price Setup Predicts July Rally - Morning Crypto Report

Ripple's USD stablecoin achieved a historic listing in Japan, while the Bitcoin community debates BIP-110 regarding Satoshi Nakamoto's dormant coins, and Shiba Inu displays technical patterns suggesting a potential July price recovery.

'Much More to Come': Ripple Prime CEO Teases What's Next for XRP and RLUSD

Ripple Prime's CEO signals upcoming developments for XRP and RLUSD, highlighting increased institutional adoption of both assets. The statement suggests the company has strategic initiatives in development that could expand use cases and market reach.

Former Robinhood Crypto COO Tanya Denisova joins stablecoin issuer Agora as head of operations

Tanya Denisova, former COO of Robinhood Crypto, has joined Agora as head of operations to lead the scaling of its AUSD stablecoin. This hire signals Agora's ambitions to expand its stablecoin business and reflects the trend of experienced fintech executives moving into the cryptocurrency sector.

Synthetix governance votes to retire sUSD, pay holders in SNX tokens

Synthetix governance has voted to retire its sUSD stablecoin, with holders to receive compensation in SNX tokens instead. This strategic pivot aims to streamline the protocol's focus toward perpetual futures trading, potentially opening pathways for new capital inflows.

Comparing Bitcoin Giant Strategy to Terra Luna Is a STRC, Benchmark Says

Benchmark analysts have compared a cryptocurrency strategy called Strategy's Stretch (STRC) to Terra Luna, noting a critical difference: STRC cannot technically lose its peg, unlike Luna's catastrophic collapse. This distinction highlights structural safeguards designed to prevent similar depegging events.

XRPPower, sponsored by the Century Cup, launches an AI app for XRP, ETH, and USDC holders to earn up to $97,000 daily

XRPPower has launched an AI-powered application enabling holders of XRP, ETH, and USDC to generate passive income, with promotional claims of up to $97,000 daily earnings. The initiative, sponsored by the Century Cup, targets cryptocurrency investors seeking optimized returns beyond traditional price appreciation in a maturing digital asset market.

Bitget launches Stock+ to bring real U.S. stocks into crypto accounts

Bitget has launched Stock+, a feature enabling eligible users to purchase full or fractional U.S. stocks directly through their crypto accounts by converting cryptocurrency into USDC via regulated brokers. This development represents a significant bridge between traditional equity markets and crypto platforms.

How Does Tether Make Money? Understanding the Business Model Behind USDT

Tether generates revenue primarily by investing USDT reserve assets—dollars and equivalents received when new stablecoins are minted—into short-term U.S. Treasury bills and other low-risk instruments. The interest yield from these reserves forms the core of Tether's business model, enabling the company to monetize the vast capital base backing the world's largest stablecoin.

Altura shuts stablecoin vault after $8.5m redemption rush

Altura is shutting down its stablecoin vault following $8.5 million in USDT redemptions triggered by depeg concerns around its msUSD token. The closure reflects growing instability in the DeFi stablecoin ecosystem as investor confidence erodes amid broader market volatility.

AllUnity Launches SEKAU As MiCA Stablecoin Market Expands Beyond Euro And Dollar

AllUnity has launched SEKAU, a Swedish krona-backed stablecoin compliant with MiCA regulations, expanding the institutional stablecoin market beyond major currencies like EUR and USD. The launch signals growing demand for local-currency digital assets tailored to regional settlement and payment needs.