The Solana blockchain reached a significant milestone in February, processing a record-breaking $650 billion in stablecoin transaction volume. According to a research note from Grayscale, this figure more than doubles…
Tether, the company behind the world’s most dominant stablecoin, has announced a major $200 million strategic investment into the digital marketplace Whop, valuing the startup at $1.6 billion. According to…
A fundamental shift in how the United States government finances its debt is underway as stablecoin issuers evolve into some of the world’s largest purchasers of Treasury bills (T-bills). According to…
Recent blockchain data has sparked intense debate across the digital asset industry as it reveals that Binance now controls the vast majority of the circulating supply of USD1, a stablecoin…
Tether, the world’s largest stablecoin issuer, announced a $100 million strategic equity investment in Anchorage Digital on Thursday, signaling a deepened commitment to regulated U.S. digital asset infrastructure. The investment values…
Tether, the company behind the world’s most widely used stablecoin, has officially released MiningOS (MOS), an open-source operating system designed to overhaul how Bitcoin mining operations are managed. The launch…
In a move that bridges Old World security with New World finance, Tether Holdings SA has transformed a Cold War-era Swiss nuclear bunker into the world’s largest non-sovereign gold reserve.
The…
The Government of Pakistan has officially signed a memorandum of understanding (MoU) with SC Financial Technologies, an affiliate of World Liberty Financial (WLF), to explore the integration of the USD1…
Bank of America CEO Warns Proposed Stablecoin Shift Could Drain $6 Trillion From U.S. Banking System
Bank of America CEO Brian Moynihan issued a warning during a Wednesday earnings call, stating that as much as $6 trillion in deposits could potentially exit the U.S. banking system…
VelaFi, a stablecoin-focused financial infrastructure provider under Galactic Holdings, has secured $20 million in a Series B funding round. The investment was led by XVC and Ikuyo, with significant participation…