Stablecoins
Stablecoins at a ‘Critical Inflection Point’ After GENIUS Act Senate Approval
The stablecoin regulatory bill now moves to the House of Representatives.
Banking Giant JPMorgan Tests Deposit Tokens on Base
The $4 trillion financial institution is piloting “deposit tokens” on Coinbase’s Ethereum Layer 2 blockchain, Base.
Plasma’s $1B ICO Access Vault Sparks Familiar Backlash
When whales and bots took too much of the stablecoin-focused chain's $500 million ICO deposit quota, it doubled down, raising the size of deposits to $1 billion.
JPMorgan Files JPMD Trademark for Digital Asset Services
The banking giant filed a trademark application for services that include trading, exchanging, and issuing digital assets, such as payment tokens and ‘blockchain-enabled currency.’
Key Crypto Bills Move Toward Full Vote in House and Senate
The Senate’s stablecoin legislation, the GENIUS Act, as well as the House’s crypto market structure bill, the CLARITY Act, have both advanced toward a full vote.
Payments Giant Stripe Acquires Crypto Wallet Developer Privy
Stripe’s purchase of the embedded wallet developer is the latest in a series of moves into crypto, notably stablecoin payments.
PayPal’s PYUSD Stablecoin Surpasses $1 Billion Market Capitalization
The fintech giant’s native stablecoin is the 10th-largest in DeFi.
TRON Stablecoin Supply Closes in on $80 Billion
The Layer 1 blockchain is Ethereum’s only real competitor in terms of stablecoin market capitalization.
Top-10 Fiat-backed Stablecoin FDUSD Expands to Arbitrum
The USD stablecoin is now deployed on five major chains, including Ethereum, BNB Chain, Solana and Sui
Ethereum Ecosystem Dominates as Stablecoins’ DeFi Revenue Share Crosses 30%
Stablecoins now account for nearly one-third of DeFi revenue as growing adoption drives the sector’s market capitalization above $250 billion.
