Crypto Custody Firm Launches First-Ever Won-Backed Stablecoin on Avalanche
TL;DR South Korea’s BDACS has unveiled KRW1, the country’s first stablecoin fully backed by the won, running on the Avalanche blockchain. The launch is currently a
stablecoin (Latest Publications)
Hyperliquid Integrates Circle’s USDC and CCTP V2 as Preferred Stablecoin Infrastructure
TL;DR Hyperliquid integrated native USDC and CCTP V2 into HyperEVM, enabling direct deposits to HyperCore and immediate use in financial applications. The USDC is issued by
Ethena Meets Fee Switch Parameters, Awaits Governance Approval
TL;DR Fee Switch Milestone: Ethena has officially met the technical parameters required to activate its ENA fee switch, setting the stage for a governance vote that
Coinbase Dismisses Stablecoin Panic: ‘No Threat to Banks’
TL;DR Coinbase has rejected warnings that stablecoins weaken the US banking system, stressing that most transactions take place abroad and strengthen the global role of the
MetaMask’s Native Stablecoin, mUSD, Is Now Live
TL;DR MetaMask launched mUSD, its first native stablecoin, issued by Stripe’s Bridge and regulated under the Genius Act, to compete with USDT and USDC. The stablecoin
MoonPay Acquires Meso in a Bid to Accelerate Global Payments Transformation
TL;DR MoonPay acquired Meso to strengthen its global payments network, integrating banks, card networks, stablecoins, and blockchains under a unified regulatory framework. Ali Aghareza will assume
Ethereum Poised for Growth on Stablecoin Regulation and Tokenization, Says Fundstrat Executive
TL;DR Tom Lee of Fundstrat predicts Ethereum is entering a major bull phase fueled by regulatory clarity and widespread adoption. The recent GENIUS Act supports stablecoins,
Bank of England Proposes Stablecoin Ownership Limits, Prompting Industry Concern
TL;DR The Bank of England is considering placing caps on stablecoin holdings for individuals and businesses, sparking resistance from crypto advocates. Industry voices warn the plan
Ethereum Stablecoin Supply Reaches All-Time High, Led by USDT and USDC
TL;DR Ethereum Milestone: The total stablecoin supply on Ethereum hit $166 billion, rising sharply from $149.5 billion in just one month, signaling growing liquidity and network
Native Markets Wins Heated Vote to Launch Hyperliquid’s USDH Stablecoin
TL;DR Native Markets secured the USDH ticker for Hyperliquid’s stablecoin after a competitive governance vote involving Paxos and Ethena. The decision came with strong validator backing
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