Western Union Launches Own Stablecoin Network
Western Union launches its first stablecoin, USDPT, on Solana with Anchorage Digital Bank, enhancing liquidity and efficiency. Consumer services in four countries by June 2026. #Update #Crypto $SOL
Stablecoin
Stablecoins Surge to $321B Market Cap
Stablecoin market cap hits $321.759B with $1.08B inflows; $USDT holds 58.90% at $189.525B, while $USDC grows 0.61% to $78.296B. #Update #Crypto
USDT Drives 60% Cross-Border Dollar Demand
Asia manages 50% of global stablecoin flows, but banks are wary due to regulatory risks. Tether and eStable enable local coin issuance to counter USD dominance. #Update #Crypto $USDT
Tether Profits Surge $1.04B in Q1
Tether posted $1.04B profit in Q1 2026, with reserves at $8.23B, holding $141B in U.S. Treasuries and expanding into bitcoin and gold as audit begins. Crypto $USDT
Stablecoin Market Grows Anchorage M0 Partnership
Anchorage Digital and M0 launch a modular stablecoin issuance stack to capture the $160B market, enhancing U.S. digital dollar deployment via regulated custody services. #Update #Crypto
XRP Pair Launches RLUSD on OKX
@Ripple and @OKX launch RLUSD on OKX with over 280 spot pairs, including $XRP/RLUSD, expanding collateral support and liquidity. Regional availability varies. #Update #Crypto $XRP
Meta Launches USDC Payouts for Creators
Meta launches USDC stablecoin payouts for creators in Colombia and the Philippines via Solana and Polygon, partnering with Stripe. Global expansion planned in 2026. #Update #Crypto $USDC
USDC Issuance on Solana Hits $3.25B
Circle minted $500M in $USDC on Solana, boosting its weekly issuance to $3.25B and nearing a 10% share of total supply. Institutional demand drives growth. #Update #Crypto $USDC
XRP Ledger Surges: New RWA Milestone
The XRP Ledger has reached $3 billion in total tokenized value, a 59% increase over 30 days, but this milestone is unlikely to impact $XRP price for now. Crypto $XRP
Paxos Labs Surges $1B Toku Integration
Paxos Labs Amplify integrates with Toku, enabling employees to earn yield on $USDC, $USDT, and USDG instantly upon receiving pay. No lockup periods required. #Update #Crypto $USDC
Shekel-Pegged Stablecoin Launches in Israel
Israel’s Capital Market Authority approves the first stablecoin linked to the shekel, issued by @BitsOfGold, backed 1:1 by reserves in Israeli accounts after a two-year pilot. #Update #Crypto $USDT
Solana Stablecoin USDPT Launches in Weeks
Western Union CEO confirms USDPT, a Solana-based stablecoin, will launch next month via Anchorage Digital, integrating with 360,000 global locations. #Update #Crypto $SOL
Stablecoins Surge Amid Venezuela’s Economic Shift
@TRMLabs reports a Q1 2026 shift to $USDT, boosting Venezuela’s volume to $17.9B; 90.2% of Binance P2P listings feature USDT-VES pairs. #Update #Crypto $USDT
Stablecoins Dominate $6.9B Brazil Crypto Market
Brazil’s Central Bank reports $6.9B Q1 2026 crypto volume, with stablecoins at 98%. President Lula pauses stablecoin taxes, boosting Brazil to TRM Labs’ 5th-largest market. #Update #Crypto