Circle’s ARC token sale lifts earnings as lower yields weigh on USDC income
Circle is looking to payments fees and future staking rewards to diversify revenue as its core stablecoin business faces pressure from lower yields and growing…
Stablecoin governance group behind OUSD sets out management fee, offers equity earning pool
Governance group Open Standard will charge a 0.1 basis point management fee on payment volume, capped at at $0.01 per payment. Source:CoinDesk
Animoca Brands clears final hurdle for Abu Dhabi fund management
The former mobile games company is building out its fund management business in Abu Dhabi as it targets institutional demand for stablecoins and tokenized…
XRP Ledger set to fix flaw that could let stablecoin partners print new tokens
The fix is on track for Wednesday after validator support briefly dipped and restarted the twoweek activation clock. XRP itself is unaffected. Source:CoinDesk
Hong Kong takes tokenized settlement to 24/7, plans stablecoin trials
The HKMA plans to bring regulated stablecoins into tokenized government debt trials, while HSBC says its RedCoin stablecoin has reached 50,000 users.…
Binance investigates potential multibillion-dollar hack
Binance said it is investigating a potential security breach after suspicious wallet transfers, while cofounder CZ reported nearly $1.8 billion in frozen…
From rivals to partners: Polygon and Solana team to bring stablecoin payments to banks
The two networks are setting aside their rivalry to connect Solana's stablecoin activity with Polygon's banking, wallet and payment infrastructure.…
Former Swift CEO joins stablecoin firm OpenTrade as chairman
Lazaro Campos takes the board role as the Londonbased company reports $300 million in assets locked and more than $1 billion in annual transaction volume.…
XRP Ledger developers propose creating wallets with zero XRP for stablecoin payments
An experimental change would let companies cover the reserve for customer and AIagent accounts, allowing users to start with stablecoins without first…
Nearly 90% of large businesses are embracing tokenized cash to speed up payments: DBS
Stablecoins lead instruments in use or planned at 63%, ahead of tokenized deposits at 53% and tokenized money market funds at 52%. Source:CoinDesk
‘CryptoDad’ on stablecoins, bitcoin’s role in a portfolio and why he does not directly own any crypto
What former CFTC Chairman Chris Giancarlo tells his own children about buying their first crypto coin. Source:MarketWatch
Robinhood taps Ripple’s $2.5 billion RLUSD stablecoin despite backing rival USDG
Robinhood helped launch a rival dollarbacked token, USDG, but will also offer Ripple's stablecoin to retail customers later this year. Source:CoinDesk