Quick Breakdown Binance listed Ethena’s USDe on Sept 9, with withdrawals live Sept 10. USDe is now the third-largest stablecoin, with $12B+ in circulation. Binance launched a reward program for verified USDe holders. Binance has announced the listing of...
Quick Breakdown Paytrie joins Circle Payments Network (CPN) to expand Canada’s stablecoin payment infrastructure. USDC-powered cross-border payments aim to cut costs, speed up settlement, and improve transparency. Regulated growth focus: Paytrie, registered with FINTRAC, reinforces compliance in stablecoin adoption....
Quick Breakdown Sky, formerly Maker, submitted a bid to build Hyperliquid’s USDH stablecoin. Proposal includes 4.85% yield, multichain access, and compliance options. Sky joins Native Markets, Frax, Paxos, and Agora in the high-stakes contest. Sky Tables Bid for USDH...
Quick breakdown Based receives strategic funding from Ethena Labs to drive USDe adoption on Hyperliquid. Ethena will also roll out USDtb and other products through the partnership. USDe’s market cap has surged to $12.8B, with integrations on FalconX and...
Quick Breakdown Hyperliquid’s validators will decide the USDH stablecoin issuer in a governance vote on September 14. Four contenders, Paxos, Frax, Agora, and Native Markets, have submitted competing proposals. The announcement pushed HYPE token up 12%, near its all-time...
Quick Breakdown Over 77 firms have shown interest in Hong Kong’s stablecoin licenses, including ICBC, Standard Chartered, and PetroChina. Lawmakers stress that approvals will be scarce, with possibly only one license issued in the first round. Regulators are tightening...
Quick Breakdown: Obita raises $10M in angel funding co-led by Vision Plus Capital and Mirana Ventures to expand its stablecoin-based settlement network. Southeast Asia, Central Asia, Africa, and Latin America, where remittance and trade payments remain costly and inefficient....
Quick Breakdown: WLFI’s USD1 stablecoin hits $2.2B market cap in under 90 days, launching on Solana with 1:1 USD backing. Solana now hosts $11.9B in circulating stablecoins, strengthening its role as a core hub for stablecoin activity. USD1 integrates...
Quick Breakdown M0 and Rain raised nearly $100M to expand programmable stablecoin infrastructure. M0 builds custom stablecoins, while Rain enables banks to issue regulated tokens and manage cross-border payrolls. Global pilots in Kazakhstan, India, and TradeOS highlight the growing...
European policymakers are accelerating work on the digital euro after Washington’s landmark stablecoin legislation heightened fears of eroding the euro’s global influence. Momentum in Brussels picked up after President Donald Trump signed the Guiding and Establishing National Innovation for...
