Transak Raises $16 Million From Tether and IDG Capital to Expand Stablecoin Payments Infrastructure
Transak, a fiat-to-crypto infrastructure provider, has raised $16 million in a strategic funding round led by Tether and IDG Capital
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Stablecoin
Coinbase Targets DeFi Domination With New Stablecoin Fund to Accelerate Onchain Growth
Coinbase is igniting a fresh DeFi liquidity surge with a powerful new stablecoin fund, targeting top protocols to fuel adoption,
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Stablecoin Float Surpasses $270 Billion, Setting a New High
The stablecoin market’s total value has surpassed $270 billion, marking a new milestone for the sector, according to stats collected
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Ripple to acquire Rail for $200M to strengthen global stablecoin infrastructure
Key Takeaways Ripple is acquiring Rail for $200M to strengthen its stablecoin payments platform. The acquisition will enhance RLUSD’s utility
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Animoca, Standard Chartered and HKT to Pursue Hong Kong Stablecoin License
Animoca Brands, Standard Chartered Bank Hong Kong (SCBHK), and HKT have launched Anchorpoint Financial Limited, a Hong Kong-based joint venture
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China urges brokers and think tanks to halt stablecoin promotion amid fraud concerns
Key Takeaways Chinese regulators instructed brokerages and think tanks to cease promoting stablecoins due to fraud concerns. Despite a crypto
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TRON surpasses $600B in monthly stablecoin transfers
Share this article Geneva, Switzerland – August 8, 2025 – CoinDesk Data, the institutional research and analytics arm of CoinDesk,
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Gate joins Global Dollar Network as a first-tier partner, leading stablecoin adoption
Key Takeaways Gate joined Global Dollar Network as a first-tier partner, integrating USDG stablecoin support for its 34 million users.
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Stablecoin Explosion: Over $13.5B Added in July as Market Nears $270B Milestone
The latest figures reveal that the stablecoin economy expanded by 5.33% in July, with a $13.537 billion boost added over
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Hong Kong to Vet Stablecoin Holders, Operations Over $8,000 to Be Scrutinized
The Hong Kong Monetary Authority (HKMA) has revealed that stablecoin holders will be verified using KYC methods to alleviate financial
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