Stablecoins, central bank digital currencies and the new rails of digital cash.
World Liberty Financial has launched a new stablecoin, USD1, on the Solana blockchain, minting 100 million tokens in its initial phase. The company aims to use this stablecoin to merge traditional financial markets with blockchain technology. The launch is a comprehensive effort to integrate USD1 into the Solana ecosystem. Bonk.fun is the official launchpad, and … Read more
Upbit, a leading digital asset exchange in South Korea, has announced the listing of WorldLibertyFinancial USD (USD1), a stablecoin. Starting September 1, 2025, trading for the new stablecoin will be available across the Korean Won (KRW), Bitcoin (BTC), and USDT markets. This move is part of Upbit’s strategy to diversify its offerings and provide traders … Read more
Ethena’s stablecoin, USDe, has seen a remarkable surge, with its market capitalization growing by more than 200% since August 2024. This growth significantly outperforms its competitors over the same period, with Circle’s USDC growing 87% and Tether’s USDT at 39.5%. USDe now accounts for over 4% of the total stablecoin market, putting it behind only … Read more
Stablecoin issuer Tether has changed its plan to freeze USDT tokens on five blockchains. Initially, the company was going to completely end support for Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. After getting feedback from these communities, Tether decided to let the existing tokens remain transferable. However, it will stop issuing and redeeming … Read more
Tether, the company behind the largest stablecoin, USDT, has expanded its reach into the Bitcoin ecosystem by making its token available through the RGB protocol. This move allows digital assets to be natively issued on the Bitcoin blockchain. Tether announced on Thursday that this integration will enable users to conduct transactions directly on Bitcoin’s secure … Read more
Circle, the issuer of USD Coin (USDC), is taking a major step toward integrating stablecoins into traditional finance through new strategic partnerships with Mastercard and Finastra. These collaborations are among the most significant efforts to date to expand stablecoin use in everyday financial services. Mastercard’s USDC Settlement Pilot Mastercard is launching a pilot program that … Read more
VersaBank, a Canadian digital bank, is testing a new tokenized deposit solution called Digital Deposit Receipts (DDRs). This initiative, run by its U.S. subsidiary, VersaBank USA, aims to offer a safer and more compliant alternative to traditional stablecoins. The pilot program will use a U.S. dollar version of the token, branded as USDVB, where each … Read more
BIT Mining (NYSE: BTCM), a cryptocurrency mining company, has launched DOLAI, a new USD-backed stablecoin specifically for artificial intelligence (AI) agent transactions. Partnering with compliance firm Brale Inc., DOLAI is built on the Solana blockchain. DOLAI is positioned as an “AI-native payment currency” that enables autonomous, machine-to-machine transactions. Through integration with AI payment protocols like … Read more
The stablecoin market is experiencing rapid growth, but new regulations and rising competitors are putting pressure on the largest player, Tether (USDT). While Tether holds nearly 60% of the market, a recent article from Motley Fool identifies three key challengers that could disrupt its position. The newly passed GENIUS Act introduces a stricter regulatory framework … Read more
Hong Kong’s Secretary for Financial Services and the Treasury, Christopher Hui Ching-yu, has officially declared that stablecoins will be treated as payment tools rather than speculative assets. This policy aims to improve the efficiency of cross-border payments, with potential cost savings of up to 2% compared to traditional banking methods. Hui emphasized that stablecoins are … Read more