Stablecoin Use Surges 71% in Latam
71% of Latin American firms now use stablecoins for cross-border payments, with volumes reaching $324B in 2025, significantly reducing fees. #Update #Crypto $USDC
Stablecoin
Stablecoin Risk Controls Boost Range $8.3M
Range closes an $8.3M Series A to expand stablecoin infrastructure, protecting $30B assets across 200+ networks. Investors include TX Ventures and SixThirty. #Update #Fintech
Fed Demands ID Programs for Stablecoins
The Federal Reserve and four agencies propose KYC requirements for payment stablecoin issuers; Gov. Michael Barr warns of GENIUS Act gaps in addressing illicit finance risks. #Update #Crypto
Stablecoin Boom Threatens Nigeria’s Currency Demand
Nigeria’s Senate advances a crypto licensing bill amid $59B stablecoin inflows, driven by high remittance costs and naira volatility, per IMF. #Update #Crypto $USDT
Stablecoins Revolution: Trace Finance Secures $32M
Trace Finance raised $32M Series A led by Coinfund, with participation from Coinbase Ventures and others, to expand stablecoin infrastructure globally. #Update #Fintech
Bitcoin Gains as Salinas Invests Millions
Mexican billionaire Ricardo Salinas increases his bitcoin holdings to 80% of his liquid portfolio, up from 70%, amid recent market dip. #Update #Crypto $BTC
Ripple Targets Africa’s $3.2B Payment Market
Ripple integrates RLUSD into @Flutterwave’s network, enhancing cross-border payments in Africa with $XRP Ledger for faster clearing. Flutterwave has processed over $50B in transactions. #Update #Crypto
Bitcoin Ethereum Pair Rewards Launch
Gate adds RLUSD trading pairs with $XRP, $BTC, $ETH, and $USDT. Ripple highlights interoperability and capital efficiency benefits. Incentives aim to boost early demand. #Update #Crypto $XRP
Stablecoin Race Heats Up State Street Launches Fund
State Street launches SSCXX money market fund with $121M AUM and 3.51% yield, enabled by the GENIUS Act. Anchorage Digital joins as seed investor. #Update #Finance
Bybit Launches RWA Earn with PIMCO
Plume and Bybit launched RWA Earn, offering tokenized fixed-income products via stablecoins, expanding access to institutional bond yields. #Update #Crypto
Bitcoin Ethereum Reach 700K Merchants in PH
Coins.ph integrates $BTC and $ETH into the Philippines’ QR Ph network, enabling crypto payments at 700,000 merchants; PHPC stablecoin launch pending BSP approval. #Update #Crypto $BTC
Sui Blockchain Surges $65B Stablecoin Volume
Mysten Labs’ Sui blockchain sees $65B in stablecoin settlements since June 10 after removing transaction fees, aiming to boost market adoption with private transactions. #Update #Crypto $SUI
Tether Circle Under Pressure from New Stablecoins
Rob Hadick of Dragonfly predicts USDT and USDC will lose stablecoin dominance as Paxos, Agora, and fintechs expand in payments and compliance. #Update #Crypto $USDT
Stablecoins Surge 10x as Adoption Grows
Dragonfly’s Rob Hadick predicts stablecoins like $USDT and $USDC could grow 10x as payments adoption rises, facing competition from banks and fintechs. #Update #Crypto $USDT