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 hackers raced to move billions before it could be frozen
Attackers raced to convert stolen stablecoins into crypto that issuers could not freeze as industry players like Tether and Circle moved to immobilize billions…
Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B
The stablecoin issuer’s US Treasury holdings are comparable to those of major foreign holders, while its Bitcoin reserves were valued at $8.37 billion at the…
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.…
Private, fast USDT is coming to Bitcoin. Can it compete with Ethereum and Tron?
USDT is coming home to Bitcoin, offering privacy and Lightningfast payments. But can Bitcoin’s revamped version of Tether compete with stablecoins on ETH and…
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…