Stablecoin Unlocks Brazil’s Double-Digit Yields
Brazil’s BRLV stablecoin provides institutions with a compliant method to access Brazil’s double-digit bond yields, responding to rising global interest in real-world assets. #Update #Crypto $BRLV
Stablecoins
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
Celsius Secures $300M Wind-down from Tether
The Blockchain Recovery Investment Consortium, formed by @GXD Labs and @VanEck, secured $299.5 million from Tether in the Celsius bankruptcy case, settling a $4 billion claim. #Update #Crypto $CEL
Stripe Launches Stablecoin Subscriptions Pilot
Stripe is piloting stablecoin payments for subscriptions, collaborating with Phantom to enhance cross-border transfers and crypto integration. #Update #Stablecoin
Stablecoin Leader Circle Recognized by William Blair
@Circle is recognized as the key player in the stablecoin market by William Blair, projecting $USDC’s market cap to reach nearly $150B by 2027. #Update #Crypto $USDC
Tether Launches Innovative Crypto Wallet Solution
@Tether announces its open-source Wallet Development Kit (WDK) launch this week, featuring a Starter Wallet for iOS and Android, simplifying non-custodial wallet creation for developers. #Update #Crypto $USDT
Stablecoin Risk Scores Launch Onchain via Chainlink
@SPGlobal is partnering with @Chainlink to provide real-time stablecoin risk assessments on-chain, evaluating 10 stablecoins including $USDT and $USDC as the market capitalization reaches $305 billion. #Update #Crypto $USDT
Chainlink Launches On-Chain Stablecoin Ratings
S&P Global Ratings partners with @Chainlink to provide on-chain stablecoin stability ratings using Chainlink’s DataLink, initially on Base, evaluating USDT, USDC, USDS, and DAI. #Update #Crypto $LINK
Tether Surges to $127B in US Treasuries
@Tether’s U.S. Treasury holdings reach $127 billion, positioning it to potentially enter the top five foreign holders by 2033 if current accumulation trends continue. #Update #Crypto $USDT
Tether Gold-Backed Reserve Launches on Nasdaq
Aurelion Treasury launches Nasdaq’s first Tether Gold-backed reserve through a $150 million financing round, marking a significant development in corporate treasury management. #Update #Crypto $USDT
Stablecoin Collaboration: Major Banks Unite
Major banks, including @BankofAmerica and @Citi, explore a stablecoin pegged to G7 currencies on a public blockchain, aiming for regulatory compliance and market competition. #Update #Crypto
Tether Gold Treasury Vehicle Raises $150M
@PrestigeWealth closed a $150M financing round for a digital asset treasury focused on Tether Gold, with stock spiking 35% pre-market. #Update #Crypto $TETHER
Mastercard Eyes $1B Stablecoin Deal
@Coinbase and @Mastercard are in advanced talks to acquire BVNK for up to $2.5 billion, signaling stablecoins as critical infrastructure. #Update #Crypto
Stablecoin Acquisition Talks Hit $2.5B
@Coinbase and @Mastercard are in advanced talks to acquire BVNK for $1.5B-$2.5B, potentially reshaping stablecoin payments. The deal could be the largest of its kind. #Update #Crypto $USDC
Stablecoin Payments Expand with $2M Boost
Rhuna raised $2M led by Aptos Labs to expand stablecoin payments in entertainment, enhancing infrastructure for on-chain transactions globally. #Update #Crypto