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UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions
The Bank of England proposed limits of 20,000 pounds per coin for individuals and 10 million pounds for businesses.
Coinbase backs Ethena ahead of savings product launch for exchange's 100 million users
Coinbase Ventures, the exchange's venture arm, bought Ethena tokens on the open market as the protocol is set to roll…
Ethena taps Anchorage for secure offchain collateral in institutional lending push
Ethena began pivoting toward overcollateralized institutional lending in April as part of a major overhaul of USDe re…
Ripple is bringing its regulated RLUSD stablecoin to MENA’s biggest crypto market
Ripple is pushing its dollar-backed stablecoin into Turkey, betting that one of the world’s most active digital-ass…
Coinbase investing into stablecoin reserves ETF issued by ProShares
The fund, called ProShares GENIUS Money Market ETF, has $22 billion in assets under management and launched this year.
Following token-dumping scandal, Movement seeks new life as a Layer 1
Move Industries has partnered with several firms, including Circle, as it relaunches Movement as a Layer 1 and refocu…
Ripple’s dollar stablecoin expands to Turkey through three local platforms
BiLira, Bitexen and Bitlo will make Ripple’s RLUSD stablecoin available to Turkish institutions.
Veda brings the vault stack behind Kraken DeFi Earn to Privy’s 2,000-plus developer teams
The same vault stack powering Kraken DeFi Earn and EtherFi's Liquid will be available via a self-serve API for develo…
MoneyGram debuts MGUSD stablecoin on Stellar for its global payments network
MoneyGram launched MGUSD, a USD stablecoin on Stellar backed by Bridge and Fireblocks, targeting 60M+ customers for c…
MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments
MGUSD, issued by Stripe's Bridge, will power services across MoneyGram's global network as stablecoins gain traction …
Dogecoin gains access to Paxos network used by PayPal and Venmo
House of Doge struck partnership with Paxos to integrate DOGE across the firm's enterprise-grade brokerage and custod…
Japan's ruling party supports crypto ETF trading, yen-based stablecoins
Japan's ruling Liberal Democratic Party said the country should create a legal framework for trading crypto ETFs in a…
Europe is actively trying to stop the dollar stablecoin takeover
Europeans conduct 38% of global stablecoin transactions, but euro-denominated tokens account for just 0.3% of the tot…
‘Gnosis will cover all user losses’ amid exploit related to Gnosis Pay, co-founder Koppelmann says
Gnosis co-founder Martin Koppelmann said all user losses will be covered as containment efforts continue following an…
Court-ordered Circle freeze traps $12.6 million in Zama cUSDC contract amid Overnight Finance suit
Zama CEO Rand Hindi said the protocol's confidential USDC contract was "caught in a crossfire" and that his team is i…
Paxos wins SEC approval to clear U.S. stocks on blockchain
Paxos new license positions it alongside legacy giants such as DTCC and makes it a compelling, more efficient alterna…
Base launches Azul on mainnet, pushing Coinbase’s Ethereum L2 toward full decentralization
Base has deployed its Azul upgrade on mainnet, with multiproofs and a new client stack advancing decentralization.
‘First and only’: Paxos secures SEC registration as clearing and settlement agency
Paxos said it is the first and only blockchain-native firm to be registered as a clearing agency under the SEC.
Tether's U.S.-focused stablecoin grows over 500% in a month, but still lags main rivals
USAT's market cap jumped above $140 million in April, though it remains well behind Circle's USDC, PayPal's PYUSD and…
Tether’s USAT supply grows 540% month-over-month, latest attestation shows
Tether’s USA₮ supply grew six-fold month-over-month to over 140 million tokens, according to Anchorage Digital's …
UniCredit warns Europe may struggle to contain crypto-bank crisis under MiCA rules
EU deposit insurance (up to €100,000) may not absorb stress from large stablecoin reserve accounts, unlike the full…
Australia’s Project Acacia shows why tokenized markets still hinge on settlement money
Project Acacia has now tested how tokenized asset markets could settle in Australia. The Reserve Bank of Australia an…
Sui blockchain experiences second ‘stall’ in five months
Sui said the blockchain is experiencing a "network stall," as block explorers show the protocol has not produced a bl…
Standard Chartered compares Ethereum to Amazon during 2001 dot-com bubble burst, says ETH will catch up to internal metrics
Standard Chartered Bank has maintained its ether price targets of $4,000 by end-2026 and $40,000 by end-2030.
Stablecoins were supposed to bypass credit cards, but now Visa is winning crypto card payments
Stablecoins were built on the premise that removing intermediaries between sender and recipient would erode the relev…
Falcon Finance taps Anchorage to issue new GENIUS-compliant payments stablecoin fUSD
Falcon said fUSD is meant to act as a “regulated counterpart” to its existing overcollateralized synthetic stable…
Aztec Labs acquires ZKPassport, pledges to keep privacy protocol and iOS mobile app open-source
The Obsidion team, including co-founders Michael Elliot and Theo Madzou, will join Aztec Labs to continue developing …
Block kicks off Cash App’s phased stablecoin roll out to its nearly 60 million users
An individual familiar with the matter told CoinDesk the stablecoin feature was rolled out to 25% of users already an…
Tiny x402 payments expose the approval gap holding AI agents back
Agentic payment protocol x402 volume collapsed roughly 77% from its November 2025 peak of $5.15 million to $1.19 mill…
Circle partners with Nium to connect USDC settlement to global payout rails
Circle and Nium have partnered to connect stablecoin settlement with global payout rails across more than 190 countri…