Stablecoins News

According to analysts, Bitcoin's rise is driven by new ETF inflows, exchange outflows, and a growing stablecoin supply.

As Tether launched its gold-backed token, Bitcoin has outpaced gold by nearly 10 times in the last 5 years.

With $51.8 billion, Circle's USD Coin (USDC) ranks second, followed by Sky (SKY) at $10.1 billion. However, the leader remains Tether.

With Chinese President Xi Jinping calling for a ‘reunification’ effort with Taiwan, many traders are betting on a China-Taiwan tension on Polymarket.

Lookonchain called Polymarket's profit taking surrounding Nicolás Maduro's arrest insider trading.

In a post on X, Coinbase CEO Brian Armstrong said the company plans to double down on a broader range of asset classes beyond crypto trading.

Coinbase agreed that American lawmakers ought to approach stablecoin policy from the perspective of global competitiveness.

Brian Armstrong reiterated the need for balanced regulation as the firm continues its policy and legal push in Washington.

All crypto stocks rose on Monday’s pre-market trading, even as Citi lowered targets for the crypto equities.

Total stablecoin supply has grown more than 33% this year to approximately $304 billion, according to Delphi Digital.

In an interview with Yellow, O’Leary said the upcoming U.S. regulation will concentrate institutional crypto investment.

Data shows that while the supply and institutional demand for stablecoins are on the rise, the pace of growth has slowed.

The agency said these approvals are part of its ongoing effort to set clear standards for companies operating at the intersection of banking and digital assets.

According to a Bloomberg report, the brokerage is introducing stablecoin account funding to a subset of U.S. clients.

Leonard, Aster's founder and chief executive, had previously teased the collaboration earlier this month.

According to a Bloomberg report, Tether is reviewing liquidity options, including buybacks and tokenized shares.

The company said the wallet aims to simplify storing, transacting, and using crypto for mainstream users.

The partnership also expands Galaxy’s multi-year institutional work with State Street, following ETF collaborations in 2024.

Circle completed two large USDC mints totaling $500 million on the Solana network, according to Arkham Intelligence data.

S&P Global said the quality of USDT’s reserves has deteriorated over the past year.

Klarna co-founder and CEO Sebastian Siemiatkowski stated that the company’s 114 million customers and $112 billion in annual GMV give it the scale to transform payments globally.

Last month, Coinbase surpassed $1 billion in BTC-backed on-chain loan originations in just eight months since launch.

Tether said its entry into crypto lending is aimed at providing pathways for the long-term adoption of Bitcoin.

Block said the integration will simplify cross-border payments and improve settlement efficiency while maintaining the user-friendly interface that Cash App is known for.

The stablecoin is currently only for institutional transfers but JPMorgan has plans to expand its usage to clients’ customers in the future.

ENA’s price has dropped roughly 80% from September highs, trading near $0.31 on Thursday.

The companies also plan on exploring the use of stablecoins for faster global payments in the future.

In an interview with Bloomberg, Tether’s CEO Paolo Ardoino projected $15 billion in profit for the year, citing a 99% profit margin.

Tether highlighted how the Wallet Development Kit is built to support compliance with evolving regulations, thus enhancining usability for USDT in decentralized finance ecosystems.

The investment firm also said the fund will now include overnight repurchase agreements and shorter-term U.S. Treasuries, while removing agency securities.

While the GENIUS Act, passed earlier this year, establishes a baseline of permissible reserve assets and supervisory authority, Barr said significant gaps remain.

The Office of the Comptroller of the Currency said Erebor was granted “preliminary and conditional” approval, and it will still need to meet more requirements before it can officially open.

The initiative will make S&P Global Ratings’ Stablecoin Stability Assessments available directly within decentralized finance (DeFi) protocols via Chainlink’s DataLink service.

The partnership follows StableX’s announcement of a plan to invest up to $100 million in tokens within the growing stablecoin sector in September.

Ethena said JupUSD will be integrated into key areas of the Jupiter ecosystem, including Jupiter Perps and Jupiter Lend.

The company announced that GLDY will offer investors a yield of up to 4%, with the pre-sale expected to commence on or before November 10.

According to a note to investors by Standard Chartered’s Geoffrey Kendrick and Madhur Jha, cited by TheBlock, roughly two-thirds of the current stablecoin supply may already function as savings in emerging-market bank accounts.

At the Silos 2025 conference, Waller noted that stablecoins should coexist with cash, bank deposits, and other electronic money forms, provided they meet standards for safety and transparency.

USDH, developed by Native Markets, is the first dollar-pegged token to make it through Hyperliquid’s validator-driven selection process.

Other participants in the round included Sony Ventures, Samsung Ventures, Andreessen Horowitz’s crypto arm, and VC firm Hashed.

CEO Paolo Ardoino confirmed on X that the fundraising targets “high-profile investors to scale the company’s strategy across stablecoins, AI, commodities, energy, communications, and media.”

Bitcoin prices were down 0.2% at $112,707, Ethereum was down 0.7% at $4,175.78, and XRP fell 0.8% to $2.85, according to Coingecko data.

Officials said the taskforce aims to align regulations while digital asset rules are still developing.

The code update flagged by crypto researcher Ericonomic on X, comes on the heels of ConsenSys CEO Joseph Lubin reportedly stating that MetaMask would be issuing its own MASK token soon.

Bo Hines, the newly appointed CEO of Tether U.S., previously led the Presidential Council of Advisors for Digital Assets under the Trump administration.

The exchange said individual subscriptions will be capped at 10,000 USDT per user, down from earlier thresholds.

The token will be issued by Bridge, a Stripe-owned stablecoin platform, and minted through M0’s decentralized infrastructure.

According to a report by Reuters, China’s cabinet is expected to review and potentially approve a roadmap later this month aimed at promoting wider use of the yuan internationally.

Bernstein said it expects the Trump administration’s push to establish the U.S. as the “crypto capital of the world” to drive a prolonged bull market in digital assets.