Tether Quietly Took Over CeFi Lending—Now Controls 70% of the Market!
TL;DR Tether dominates the CeFi lending market with a 70% share, up from 20% before the sector’s collapse in 2022. Together with Galaxy Digital and Ledn,
stablecoin (Latest Publications)
sUSD Depegs Again, Undermining Stablecoin Confidence in Synthetix
TL;DR Synthetix’s sUSD stablecoin briefly fell to $0.83, its lowest level in five years, sparking renewed concerns about its long-term stability. While it shares design similarities
Ripple Acquires Hidden Road for $1.25B, Eyes Institutional Reach and Stablecoin Support
TL;DR Ripple acquired institutional broker Hidden Road for $1.25 billion, marking one of the largest deals in the crypto sector. The purchase aims to integrate the
USDC Treasury Just Burned $51 Million – What Does This Mean?
TL;DR On April 8, 2025, the USDC Treasury burned 51 million tokens on the Ethereum network. This move is part of Circle’s routine strategy to adjust
World Liberty Financial Tests USD1 Airdrop Functionality for Token Holders
TL;DR Testing USD1 Airdrop: World Liberty plans a test airdrop of its USD1 stablecoin to validate smart contract functionality and reward early supporters. Eligibility Details: Investors
Tether May Launch New Stablecoins for U.S. Users if Regulations Allow
TL;DR Tether is exploring the possibility of launching a U.S.-exclusive stablecoin if the new regulations proposed by the Trump administration turn out to be favorable. Although
Amid Macro Uncertainty, Stablecoin Market Grows by $30B in Q1
TL;DR Stablecoin supply increased by more than $30 billion in the first quarter of 2025, reaching a new all-time high despite the broader crypto market downturn.
Justin Sun Doubles Down on Accusations Against First Digital
TL;DR Justin Sun accused First Digital of insolvency and of transferring $450 million without authorization, which caused FDUSD to lose its peg to the dollar. First
Ripple’s RLUSD Sees $10B in Trades as Kraken Joins the List of Supporting Exchanges
TL;DR RLUSD stablecoin has surged past $10B in cumulative trading volume, boosted by Kraken joining existing major exchanges. Kraken’s listing enhances RLUSD’s accessibility for deposits and
Crypto Scandal: Justin Sun Accuses First Digital Trust of Insolvency— FDUSD Temporarily Depegs
TL;DR Justin Sun warned about potential financial issues at First Digital Trust, pointing to fund mismanagement and difficulties in processing redemptions. FDUSD dropped 9% following Sun’s
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