Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
@Movement pivots to focus on stablecoin payments and remittances, targeting the $685 billion market, after securing access to licensed payment systems in the U.S., Canada, and EU. MOVE trading at 14.35 cents. #Update #Crypto $MOVE
@MoneyGram has launched its MGUSD stablecoin on the Stellar (XLM) blockchain, enabling dollar-backed transactions via its app, with plans for international expansion. #Update #Crypto $XLM
The European Central Bank (ECB) has alerted banks and monetary policy stakeholders about stablecoin risks amid the ongoing CLARITY Act debate. #Update #Crypto $DAI
Mike Belshe warns MiCA limits insurance to €100K, risking European stablecoins’ stability by linking them to traditional banking stress. #Update #Crypto $USDC
Cardano’s stablecoin market cap rose 15% to $54.88M, led by USDCx at 45.20%. Cardano tops Messari’s weekly growth rankings with a 61% rise. #Update #Crypto $ADA
JPMorgan Chase CEO Jamie Dimon criticized @Coinbase CEO Brian Armstrong over stablecoin regulations in the Clarity Act, warning of potential failure if banks’ concerns aren’t addressed. #Update #Crypto $USDC
Tether’s U.S.-focused stablecoin USAT ($USAT) surged to a circulating supply of $140.8M in April, up 540% from March, but still trails rivals like Circle’s USDC ($USDC) at $76B. #Update #Crypto $USAT
@Trezor has integrated native yield functionality for $USDT and $USDC via Morpho in Trezor Suite, enhancing DeFi access while ensuring security through hardware wallet signing. #Update #Crypto $USDC
Cash App introduces fee-free USDC transactions on Ethereum, Solana, Polygon, and Arbitrum, converting stablecoins to USD balances automatically. Not available in New York. #Update #Crypto $USDC
@OKX has launched the “Race to a Million” trading competition with a prize pool of up to $1 million USDT. Registration is open until June 28, 2026, and the event runs from June 8 to July 6. #Update #Crypto $USDT
SoFi Bank launches SoFiUSD, the first U.S. national bank-issued stablecoin on a banking app, now available to 15 million members on Ethereum and Solana. #Update #Crypto
@SoFi launches SoFiUSD, a dollar-backed stablecoin for 15 million app users, available on $ETH and $SOL, redeemable 1:1 for USD. Aims to expand stablecoin use in traditional finance. #Update #Crypto $USDC
@Tether plans to launch GEL?, a stablecoin pegged to the Georgian Lari, in collaboration with the Government of Georgia, aiming for lower transaction costs and regulatory interoperability #Update #Legal @Tether
@BlackRock and @JPMorgan are preparing tokenized treasury products in collaboration with stablecoin firms, enhancing blockchain finance’s role on Wall Street. #Update #Crypto $USDC
