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: Stripe and Paradigm launch Tempo — a payments-oriented Layer 1 blockchain optimized for stablecoin and financial services. High performance, designed to handle over 10,000 TPS, addressing scalability gaps in existing blockchains. Strong ecosystem support early design partners...
Quick Breakdown: River integrates Chainlink oracles to ensure accurate, tamper-resistant cross-chain stablecoin pricing. Chainlink feeds secure satUSD on multiple chains, supporting omni-CDP collateralization and liquidity. Users gain safer, more reliable access to DeFi liquidity with reduced risk of price...
Quick Breakdown: Reflect Money raises $3.75M led by a16z Crypto for its new USDC+ stablecoin on Solana. USDC+ aims to increase on-chain capital efficiency by capturing blockchain yields directly. Reflect stablecoins eliminate idle assets and intermediaries, offering up to...
Quick Breakdown: Mastercard expands crypto services with on/off-ramps, crypto cards, and wallet integrations. Stablecoins are seen as tools to speed up settlements, not replace traditional protections. Partnerships with MetaMask, Bitget, and MoonPay bring crypto payments closer to mainstream use....
