Moody’s Sounds Alarm on Risks Looming Over $300B Stablecoin Market
TL;DR Moody’s warned about the fragility of the stablecoin market, valued at $300 billion, which has experienced temporary depegs in USDT and USDC. The agency noted
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Government Can’t ‘Bail Out’ Bitcoin, Treasury Secretary Tells Congress
U.S. Treasury Secretary Scott Bessent told lawmakers during a House Financial Services Committee hearing that the government does not have the authority to bail out Bitcoin
Morph Adopts BGB, Activates Chainlink CCIP for Cross-chain Use
Morph said it has adopted BGB as its primary ecosystem token and integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP), according to a post published on the project’s
Strong 2025 Results Fuel UBS Plan for Direct Crypto Trading and Tokenization Expansion
TL;DR UBS CEO Sergio Ermotti said the bank is exploring crypto access for clients and building tokenized asset infrastructure, including tokenized deposits for corporates. He outlined
BBVA Signals New Institutional Phase in Europe’s Stablecoin Competition
TL;DR BBVA joined the Qivalis consortium, a joint venture of 12 European banks with $800 billion in assets, to issue a euro-pegged stablecoin. The stablecoin will
Binance Reserve Data Shows Stability Amid ‘FTX 2.0’ Rumors
Onchain reserve data for Binance remains stable, pushing back against viral claims comparing the exchange to an “FTX 2.0” scenario.
TRM Labs Secures $70M Series C, Becomes Latest Crypto Unicorn
TL;DR: TRM Labs reaches a $1 billion valuation after closing its Series C funding round. The company will use the new funds to expand its AI
Fidelity Launches Its First Dollar-Backed Stablecoin for Retail and Institutional Investors
TL;DR Fidelity launches its first stablecoin, FIDD, backed 1:1 by the U.S. dollar and issued by Fidelity Digital Assets. The stablecoin combines dollar stability with on-chain
Ripple Unveils Institutional Support for Hyperliquid in New DeFi Push
TL;DR Ripple integrated Hyperliquid into Prime, its institutional prime brokerage platform, adding onchain perpetual futures. Prime added Hyperliquid as an onchain venue, allowing decentralized derivatives trading
Bitcoin Slips Back toward $74K as selling pressure builds
Bitcoin slid back toward the $74,000 level, according to CoinMarketCap data, as sellers regained control following a brief rebound earlier in the session.
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