Ripple USD Activity Pushes XRP Ledger Settlement Volume Above $2.5 Billion
RLUSD activity has reportedly driven more than $2.5 billion in XRP Ledger settlement volume, according to Evernorth research.
Category: stablecoin
Synthetix Founder Takes Blame For sUSD Problems As Protocol Eyes Basis-Vault Fix
Synthetix Founder Takes Blame For sUSD Problems As Protocol Eyes Basis-Vault Fix
TL;DR
TL;DR
Synthetix founder Kain Warwick has acknowledged mismanagement
Crypto industry looks to stablecoins and DeFi revisions in MiCA 2.0
The European Commission is seeking comment on how it can tweak MiCA, its regulatory framework for the crypto and blockchain industries.
US regulators push user ID requirements for stablecoin issuers akin to regulated banks
The proposed rules by US government agencies suggested that stablecoin issuers be subject to customer identification program requirements under the Bank Secrecy Act, the same as regulated financial firms.
Gate Pushes USDT Into Hong Kong Stock Trading Access
Gate is using USDT as a funding rail for Hong Kong-listed stock access, showing how stablecoins are moving beyond crypto pairs.
Trump-Affiliated Stablecoin Hit With HTX Delisting Amid Asset Freeze Controversy
Justin Sun has reportedly been offered a behind-the-scenes settlement by a World Liberty Financial investor, though no resolution has been announced. That unresolved tension now has a new flashpoint: Sun’s crypto exchange HTX has moved to fully delist USD1, the stablecoin tied to US President Donald Trump’s World Liberty Financial project. Related Reading: FBI Cracks Down […]
Circle Blacklists Zama Protocol Address, Freezing $12.6M In User Funds – Details
Stablecoin issuer Circle has reportedly blacklisted a smart contract linked to privacy protocol Zama, freezing approximately $12.6 million in user funds. The development, first flagged by on-chain investigator ZachXBT, involves the protocol’s Confidential USDC (cUSDC) contract deployed on Ethereum seven hours before ban. The affected contract address had been publicly documented in Zama’s docs and visible […]
‘Now Or Never’ For Crypto Clarity, CEO Warns Ahead Of Key June Push
Four working weeks. That’s all the time left in June for the US Senate to move on the CLARITY Act before lawmakers head into recess — and the crypto industry is watching the clock. Related Reading: $1.88M Wiped Out As Sui Blockchain Suffers Third Outage Before Recovery A Crowded Legislative Calendar Senate Majority Leader John […]
$1.88M Wiped Out As Sui Blockchain Suffers Third Outage Before Recovery
Leveraged traders betting on a price recovery got hit hardest when the Sui blockchain went down for the third time in under 48 hours. Data from CoinGlass shows that long positions accounted for $1.72 million of the $1.88 million in SUI liquidations recorded during the latest disruption. Related Reading: $10M In Bitcoin: Texas Breaks From […]
Western Union Bets On Stablecoins With USDPT May Launch
Western Union is about to add its first partner to a digital asset network designed to let crypto move through its global payment system and convert into local cash at more than 360,000 collection points around the world. Related Reading: Countdown To Clarity: Key US Crypto Bill Nears May Approval: CEO Western Union Plants Its […]