Daily Crypto News & Musings

Latest News and Articles about Stablecoin

Circle Mints 2.5B USDC on Solana, Targets 50B by 2025 Amid Stablecoin Growth

27 January 2025 Daily Feed , , ,

Circle Expands USDC on Solana: Targets 50 Billion by 2025 Amid Stablecoin Surge In a strategic move that could redefine the stablecoin landscape, Circle has minted an additional 2.5 billion USDC on the Solana blockchain, setting its sights on a total of 50 billion USDC by 2025. This development not only showcases Solana’s increasing significance […]

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Google Delists Huione App for Crimes, Apple’s Inaction Raises Questions

19 January 2025 Daily Feed , , ,

Google Delists Huione App Amidst Illicit Activity Reports Google has removed the Huione Guarantee app from its Play Store following allegations of criminal activities, including money laundering and the sale of stolen personal data. Despite this, the app, now rebranded as Haowang Guarantee, remains available on the Apple iOS App Store, raising questions about differing […]

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Former Binance.US CEO’s New $20M Venture, 1Money, Targets Fast Stablecoin Payments

Former Binance.US Boss Secures $20 Million for New Company – Brian Shroder launches 1Money with $20 million in funding – Focus on stablecoin network for fast payments – Departure from Binance.US amid SEC legal battle Brian Shroder, the former CEO of Binance.US, has secured a significant $20 million in funding for his new venture, 1Money. […]

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Tether Moves HQ to El Salvador, Embracing Bitcoin-Friendly Policies

Tether Relocates to El Salvador: A Strategic Move for Future-Focused Regulation Tether, the leading stablecoin issuer, has made a bold move in relocating its headquarters to El Salvador, the first country to embrace Bitcoin as legal tender. This strategic shift is set to leverage El Salvador’s supportive regulatory environment and Bitcoin-friendly policies, enhancing Tether’s mission […]

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Stripes Acquires Bridge for $1.1B, Signals 2025 Stablecoin M&A Trend

3 January 2025 Daily Feed , , ,

Stripes’ $1.1 Billion Acquisition of Bridge Signals Unique Trends in Stablecoin M&A for 2025 Stripes, a prominent fintech company, has made a significant move by acquiring Bridge, a leading stablecoin platform, for $1.1 billion. This acquisition highlights Stripes’ ambition to enhance its position in the growing stablecoin market and signals a notable trend in the […]

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Circle Mints $274M USDC on Ethereum: Boosts Liquidity, Raises Risks

Circle’s USDC Mints Over $274 Million on Ethereum: Impacts on Market Stability and Liquidity Circle’s USDC treasury recently unleashed over $274 million onto the Ethereum blockchain, a bold move signaling a robust demand for this stablecoin amidst a sea of regulatory hurdles and economic uncertainties. This surge in USDC supply could be the beacon of […]

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Tether’s $1.3B Supply Drop: Analyzing Crypto Liquidity and Market Effects

30 December 2024 Daily Feed , , ,

Tether’s $1.3 Billion Supply Drop: Unpacking the Impact on Crypto Liquidity and Beyond – Tether’s supply drops by $1.3 billion – Concerns over market liquidity and dynamics – Impact on DeFi and other stablecoins analyzed Tether, one of the oldest and most widely used stablecoins, recently experienced a significant drop in its circulating supply by […]

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Tether Enters Crypto VC with $2M Investment in Arcanum Capital, Shaping Blockchain Future

Tether’s Strategic Investment: A Bold Step into Crypto Venture Capital Could Tether’s latest investment redefine the future of digital finance? In a significant move, Tether, the issuer of the USDT stablecoin, has made its first foray into the venture capital world with a $2 million investment in Arcanum Capital. This marks a strategic step for […]

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Tether Targets $10B in Profits with Bold AI Investments and Strategic Diversification for 2024

Tether’s Ambitious Path: Surging Profits and a Bold Leap into AI Tether Holdings, the dominant force in the stablecoin arena, is setting its sights on an audacious profit target of over $10 billion for 2024. With a strategic pivot towards innovation and diversification, Tether aims to redefine its trajectory by investing heavily in artificial intelligence […]

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Tether Invests $775 Million in Rumble: A Game-Changer for Crypto and Media Integration

Rumble’s $775 Million Boost: Tether Ventures into Video Sharing Rumble, a video-sharing platform championing free speech and decentralization, has secured a major $775 million investment from Tether, the world’s most recognized stablecoin issuer. This significant move involves Tether purchasing over 103 million shares of Rumble’s Class A Common Stock, poised to reshape the relationship between […]

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