Ripple RLUSD Holds $1.57B Reserves
Ripple’s RLUSD stablecoin holds $1.57B in reserves for 1.41B tokens, verified by Deloitte, meeting NYDFS standards. #Update #Crypto $XRP
Stablecoin
Stablecoin Turnover Surges 150% in 2023
The velocity of stablecoins has doubled in two years, now averaging six turnovers monthly, driven by AI payments; Standard Chartered projects a $2 trillion market by 2028. #Update #Crypto $USDC
Tether Launches $184 Billion Independent Audit
@Tether engages a Big Four accounting firm for an independent audit of its USDT stablecoin reserves, valued over $184 billion, aiming to enhance trust and transparency in financial operations #Breaking #Crypto $USDT (-8) ↘
Stablecoin USR Crashes After $25M Hack
A vulnerability in @ResolvLabs’ smart contract led to the creation of 80 million unbacked USR tokens, causing its price to drop to $0.025 after a $25M hack; protocol functions paused for recovery. #Breaking #Crypto $USR (-8) ↘
Stablecoin Yields Approved by US Senators
U.S. Senators and the White House have reached a principled agreement on stablecoin regulations, addressing conflicts over yields, potentially advancing the stalled CLARITY Act. #Update #Crypto $USDC
Stablecoin Acquisition: Mastercard Buys BVNK for $1.8B
@Mastercard is acquiring stablecoin startup BVNK for up to $1.8 billion, aiming to integrate fiat and blockchain systems, enhancing digital currency applications and transaction efficiency. #Update #Crypto $USDC
Stablecoins Transform Insurance Payments with Aon
@Aon has partnered with @Coinbase and @Paxos to trial stablecoin payments for insurance premiums, marking a significant step in digital finance. Transactions utilized USDC on Ethereum and PYUSD on Solana. #Update #Crypto $USDC
USDC Dominates 70% of $1.8T Volume
Circle minted over $3B $USDC in March’s first week, with total stablecoin transfer volume hitting a record $1.8T in February, highlighting USDC’s dominance. #Update #Crypto $USDC
Tether Secures Big Four Auditor Amid $189B Question
@Tether has secured a report from Deloitte on its USAT reserve, enhancing credibility but leaving USDT’s audit concerns unresolved. USAT reported $17.6M in reserves versus $17.5M in tokens. #Update #Crypto $USDT
Stablecoin Oversight Urged by FATF
FATF reports stablecoins accounted for 84% of illegal virtual asset transactions in 2025, urging nations to enhance oversight and address risks from unhosted wallets. #Update #Crypto $USDT
Tether’s Stablecoin Reserves Verified by Big Four
Tether launches USAT, a new stablecoin for the American market, with reserves audited by Deloitte & Touche. Anchorage Digital Bank is the official issuer, ensuring compliance with the GENIUS Act. #Update #Crypto $USDT
Stablecoin Cards Launch in 100 Countries
@Visa and @Stripe are launching stablecoin-backed cards in over 100 countries, enabling crypto spending at Visa locations. This partnership signifies a trend towards integrating crypto with traditional finance. #Update #Crypto $USDC
Stablecoin Depegs After Coordinated Attack
USD1, a stablecoin linked to President Donald Trump, briefly dipped to $0.9942 before recovering its $1 peg, attributed to a “coordinated attack” by hackers targeting @WorldLibertyFi. #Update #Crypto $USDT
Tokenized Commodities Surge to $6B
Markets tokenized gold sector grows 53% to $6B, led by @Tether_to’s XAU₮ and Paxos’s PAXG. Tether invests $150M in Gold.com for physical integration. #Update #Crypto $PAXG