Stablecoin

Paolo Ardoino, CEO of Tether (CRYPTO: USDT), refuted claims Sunday that the stablecoin issuing company is selling Bitcoin (CRYPTO: BTC), while asserting its commitment to investing in “safe” assets. Tether Bullish On Bitcoin, Says Ardoino In an X post, Ardoino clarified that Tether...

US-based cryptocurrency exchange Coinbase anticipates a significant surge in the stablecoin market cap, which could touch $1.2 trillion by 2028, a 300% rise from the current level. What Happened: The forecast is based on a model that considers factors such as the volume of US Treasuries issued, as...

Editor’s Note: This story has been updated to include comments from the Financial Services Agency of Japan Japan is set to approve the nation's first yen-denominated stablecoin, the country’s market regulator confirmed Tuesday. JPYC Stablecoin On The Way In Japan A Financial Services...

Treasury Secretary Scott Bessent backed the implementation of the GENIUS Act on Monday, also known as the stablecoin bill, citing its potential to secure “American leadership” in digital assets.  Bessent Says Stablecoins Would Expand Dollar Access In an X post,...

Circle Internet Group, Inc. (NASDAQ:CRCL) posted stand-out second-quarter financial results on Tuesday in its first earnings report as a publicly traded company.  CRCL stock climbs after Q2 earnings. See the chart here.  The Surge Of USDC: A Game Changer On the company's earnings call with...

XRP (CRYPTO: XRP) recorded impressive gains over the past week, rising by nearly 7%, with Ripple Labs’ partnership with Bank of New York Mellon (NYSE:BK) providing the latest impetus. What happened: XRP has been one of the most successful large-cap cryptocurrencies in the last seven days,...

Sen. Elizabeth Warren (D-Mass.) urged Congress to implement stricter regulations on digital assets on Wednesday, citing concerns over President Donald Trump’s “superhighway of crypto corruption.” What Happened: During a Senate Banking, Housing, and Urban Affairs...

Bernstein has initiated coverage on Circle Internet Group (NYSE:CRCL) with an Outperform rating and a price target of $230, highlighting the company’s growing leadership in the stablecoin sector. What Happened: Bernstein analysts expect Circle's USD Coin (CRYPTO: USDC) to play a central role...

XRP (CRYPTO: XRP) plunged to a 10-week low Sunday as the cryptocurrency market broke into a sweat over rising tensions in the Middle East. What happened: The payment-focused coin plunged to an intraday low of $1.91, a level last seen on April 9. Trading volume bumped 64% to $5 billion, indicating...

Analysts are pointing out that the GENIUS Act, which was passed in the Senate on Tuesday, could increase the competition for the large payment networks like Visa Inc. (NYSE:V) and Mastercard Inc. (NYSE:MA). What Happened: The act establishes a regulatory framework for dollar-pegged cryptocurrencies...

Sen. Elizabeth Warren (D-Mass.) and Sen. Richard Blumenthal (D-Conn.) raised concerns over Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg‘s potential stablecoin revival plans. What Happened: The Senators voiced their apprehensions to Zuckerberg in a...

Venture capitalist Chamath Palihapitiya admired Circle Internet Group’s (NYSE:CRL) successful Wall Street debut on Monday, suggesting it could pave the way for more cryptocurrency companies to enter public markets. What Happened: Palihapitiya took to X to comment on the recent public listing...

Editor's Note: This story has been updated to correct an error in the USDC ticker.Ex-Goldman Executive On Circle's 168% IPO Spike: Don't Rush To Buy Stock As Bankers Engineer A ‘Pop' — Cites Facebook Example Former Goldman Sachs executive and Web3 entrepreneur Dom Kwok advised against investing in...

The U.S. Department of Justice (DoJ) has filed a civil forfeiture complaint to seize over $7.74 million in cryptocurrency and NFTs, allegedly connected to North Korean money laundering operations. What Happened: The Justice Department is moving to seize a range of cryptocurrencies,...

Canadian cryptocurrency company VirgoCX is entering a phase of growth and working on providing stablecoin solutions for people around the world. Stablecoin Solutions: In an exclusive interview with Benzinga at Consensus 2025, VirgoCX CEO Adam Cai shared how his company is growing from offering...