Elixir Stablecoin Implodes After Stream Finance’s $93M Disaster
TL;DR Elixir suspended its synthetic stablecoin deUSD after a severe liquidity shock linked to Stream Finance, which reported a $93M loss and owes approximately $68M to
stablecoin (Latest Publications)
Stream Finance: The Lessons Behind Its Collapse
TL;DR Stream Finance suspended withdrawals after losing $93 million under external management, which caused its xUSD stablecoin to crash 88% in value. The “risk curator” model,
UK Plans Swift Stablecoin Regulation to Align with U.S. Standards
The United Kingdom is accelerating its stablecoin regulation to keep pace with the United States. The Bank of England’s (BOE) Deputy Governor, Sarah Breeden, affirmed that
Wintermute Report Points to Liquidity Recycling as Market Growth Challenge
TL;DR: Crypto growth stalls as liquidity recycles internally, limiting fresh capital inflows. Stablecoins, ETFs, and DATs have plateaued, creating a “player-versus-player” market. Next liquidity wave from
Ripple and Gemini Partner With Mastercard on Stablecoin Settlement Trial
Mastercard, Ripple, and the cryptocurrency exchange Gemini are teaming up in a strategic move to execute an innovative stablecoin settlement trial. The collaboration will use the
Tether, Tron, and Circle Record $900M in Monthly Revenue, Leading Stablecoin Sector
TL;DR The Tron network processes the most USDT activity. Circle’s revenue grew by 0.6 percent. Ethereum fee revenue rises 61.6%. A recent financial report shows three
Ripple and Mastercard Test Card Settlement with RLUSD Stablecoin
TL;DR Ripple, Mastercard, WebBank, and Gemini will test credit card transaction settlement using RLUSD on the public XRPL blockchain. The pilot will allow WebBank to settle
CMT Digital Secures $136M for Fourth Fund to Back Next Wave of Web3 Startups
TL;DR The VC firm raised $136 million for its fourth fund, below the initial target of $150 million. The capital comes from family offices, high-net-worth individuals,
Canada Positions Stablecoins as Cornerstone of Digital Payments in New Budget
TL;DR Canada plans to make fiat-backed stablecoins part of everyday digital payments, placing them under a national regulatory framework to improve trust, usability and transparency. The
Ripple President Celebrates Landmark XRP Ledger Stablecoin Breakthrough
TL;DR RLUSD, Ripple’s stablecoin, has surpassed $1 billion in market capitalization, becoming the largest stablecoin on the XRP Ledger and one of the few also available
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