Europe’s Crypto Revolution: Russia Emerges as a Powerhouse of Adoption
TL;DR Russia ranks as the leading country for crypto adoption in Europe, surpassing the United Kingdom and Germany, according to Chainalysis. Between July 2024 and June
stablecoin (Latest Publications)
Stablecoin Revolution: Japan’s Banking Giants Roll Out Yen and Dollar Stablecoins
TL;DR Japan’s largest banks, MUFG, SMFG, and Mizuho, are collaborating to launch stablecoins pegged to yen and the U.S. dollar. Mitsubishi Corporation will pilot these stablecoins
Euronet Partners With Fireblocks to Enable Cross-Border Stablecoin Payments
TL;DR Euronet has chosen Fireblocks to integrate stablecoin payments and blockchain technology, optimizing its international transactions. The integration combines Fireblocks’ infrastructure with Euronet’s global network, Dandelion,
BlackRock to Launch Money Market Fund Under GENIUS Act, Simplifying Stablecoin Reserve Custody
TL;DR: BlackRock will create a GENIUS Act-compliant money market fund for stablecoin reserves. It will enable institutions to manage tokenized liquidity within a regulated framework. It
ACI Worldwide and BitPay unite to unlock seamless crypto and stablecoin payments
TL;DR Strategic Partnership: ACI Worldwide and BitPay have joined forces to integrate crypto and stablecoin payments into ACI’s Payments Orchestration platform, expanding merchant options. Merchant Demand:
Paxos Accidentally Mints 300 Trillion PYUSD: What Happened?
TL;DR Paxos accidentally minted 300 trillion PayPal PYUSD tokens and sent them to an inaccessible address 22 minutes later. PYUSD maintained its dollar peg, dropping temporarily
S&P Global partners with Chainlink to boost stablecoin confidence
TL;DR Stablecoin ratings: S&P Global and Chainlink launched onchain Stablecoin Stability Assessments, rating coins from 1 to 5 based on peg strength. Institutional adoption: Chainlink’s DataLink
Bernstein Projects Circle’s USDC to Gain Massive Market Share by 2027
Bold Projection: Bernstein experts predict that USDC’s circulating supply could soar to $173 billion by the end of 2027. Regulatory Boost: The impending approval of a
USDe Depeg Sparked Devastating Fallout for Binance Over the Weekend
TL;DR On October 10, the crypto market lost nearly $500 billion in market capitalization, and Ethena’s USDe temporarily depegged on Binance. Ethena confirmed that its stablecoin
Citi fuels BVNK growth with major investment, pushing valuation above $750M
TL;DR Citi Investment: Citi Ventures invested in BVNK, a stablecoin infrastructure provider now valued at over $750M, following Visa Ventures’ earlier backing and signaling Wall Street’s
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