Anchorage Digital Acquires USDM Stablecoin Issuer Mountain Protocol
Crypto bank Anchorage Digital has announced an agreement to acquire Mountain Protocol, the issuer of the USDM stablecoin. Expanding Anchorage’s
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Stablecoin
Stablecoin Sector Sees Marginal Weekly Decline as USDT Market Cap Nears $150B
Stablecoin market capitalization declined by $36.95 million over the past week, reflecting a marginal 0.02% contraction. Weekly Stablecoin Market Shrinks
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Senate to Fast-Track Landmark Stablecoin Reform
Key Takeaways: Bipartisan leaders have agreed to expedite a vote on the Stablecoin Trust and Transparency Act (STTA) within days.
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Visa invests in stablecoin platform BVNK as it doubles down on digital asset strategy
Key Takeaways Visa invested in stablecoin platform BVNK after a $50 million Series B fundraising. BVNK processes $12 billion annually
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Trust, Not Size, Key to Stablecoin Success, Says Concordium CEO
Concordium CEO Boris Bohrer-Bilowitzki warns that excessive dollar dependence could lead to systemic instability, stressing the need for multi-currency diversification.
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$1.82T Stablecoin Boom Set to Speedrun Banking History, Says A16z
Andreessen Horowitz’s A16z crypto reports stablecoin volumes soaring to $1.82 trillion, igniting a payments revolution and accelerating adoption of instant,
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Record Stablecoin Liquidity Fuels Bitcoin’s Exit From Bearish Territory
Bitcoin has exited its bearish phase as improving liquidity conditions and record stablecoin reserves signal renewed market strength, according to
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Report: Tether Targets US Market With New Stablecoin Launch by Year-End
During a CNBC interview, Paolo Ardoino, Tether’s chief executive, disclosed that the firm intends to introduce a new stablecoin for
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Ethena Labs to Integrate USDe Stablecoin With TON Blockchain for Telegram Users
Ethena Labs will bring its USDe synthetic dollar and its staking counterpart, tsUSDe, to The Open Network (TON) blockchain, unlocking
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SEC Closes Investigation Into PayPal’s PYUSD as Stablecoin Gains Momentum in Crypto Market
Key Takeaways: The U.S. SEC has officially ended its investigation into PayPal’s stablecoin PYUSD without pursuing enforcement action. PayPal has
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