JPYC to Launch First Yen Stablecoin in Japan
JPYC, a company registered as a fund transfer service provider in Japan, has announced that it will issue the first Japanese yen stablecoin, pioneering this type of financial instrument in…
Report: Paxos Seeks US Trust Bank License From OCC
Paxos Trust Company, the cryptocurrency firm behind Paypal’s stablecoin PYUSD, is seeking a national trust bank charter from the U.S. Office of the Comptroller of the Currency (OCC), Reuters reported.…
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 by defillama.com and artemisanalytics.com. Stablecoin Economy Climbs as Activity Broadens…
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 applying for a stablecoin issuer license under the city’s new…
Tether Holds $127B in US Treasuries, Reports $4.9B Q2 Profit in Q2 2025 Attestation
BDO Italia’s independent attestation report verifies Tether International held $162.57 billion in assets against $157.11 billion in liabilities as of June 30, 2025, confirming excess reserves of $5.47 billion backing…
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 risks derived from the usage of these assets. The authority…
US Gov Approves Key Digital Asset, XRP Plunges & BNB Rises, and More — Week in Review
The U.S. Gov approves a key digital asset, XRP plunges while BNB rises, the U.K. moves to sell billions in confiscated bitcoin assets, and more in this Week in Review.…
From $5 Billion to $260 Billion: Stablecoins Mark Massive 5-Year Growth
The stablecoin economy expanded by $3.533 billion over the past week, pushing its total valuation past the $260 billion mark for the first time in history. DeFi and Payments Fuel…
USDT Hits $160B—Stablecoins Swell to $257B in Just 7 Days
The stablecoin economy picked up fresh momentum this week, growing by another $2.693 billion over the past seven days. Tether’s USDT continues to lead the pack, now flaunting a market…
Agora Raises $50 Million to Accelerate Development of Its Stablecoin Initiative
The Series A funding round, led by Dragonfly, will enable Agora to accelerate the development of its stablecoin infrastructure, which is designed to support upcoming decentralized finance applications for issuing…