Stablecoins, central bank digital currencies and the new rails of digital cash.
PayPal PYUSD Polygon- PayPal is expanding its PYUSD stablecoin with native issuance on Polygon, alongside integration into Polygon’s Open Money Stack. The move aims to simplify global payments for businesses, reduce friction, and increase real-world utility of the dollar-backed stablecoin. Table of Contents Native Issuance on Polygon Integration with Open Money Stack Polygon’s Stablecoin Dominance … Read more
While the world is busy feeding data into centralized cloud giants, the company behind the world’s most used stablecoin is making a pivot toward your pocket. Tether, the issuer of USDT, has officially launched QVAC SDK—an open-source toolkit that allows developers to build AI applications that run entirely on a user’s device. No cloud servers, … Read more
StraitsX, the Singapore-based company, is significantly expanding its stablecoin-based payment network across Asia, set to connect Singapore, Thailand, Taiwan, and Japan with real-time cross-border settlement infrastructure launching in the second quarter of 2026. 🇹🇭🇸🇬 Initial Focus: Singapore-Thailand Interoperability The expansion kicks off with a partnership with Kasikornbank (KBank) of Thailand to achieve QR code payment … Read more
Stream Finance, a decentralized finance (DeFi) protocol, has suspended all deposits and withdrawals after an external fund manager disclosed a significant loss of approximately $93 million in the protocol’s managed assets. Investigation and Operational Freeze The Stream team announced they have retained legal counsel, including Keith Miller and Joseph Cutler of law firm Perkins Coie, … Read more
Tether’s recent third-quarter report confirms that its Tether Gold (XAU₮) tokens are fully backed by 375,572 fine troy ounces of physical gold stored in Switzerland, valued at approximately $1.44 billion as of September 30. With about 522,089 XAU₮ tokens in circulation, the supply is verified. Following this report, the market value of XAU₮ has exploded to … Read more
Ethena Labs is taking a two-part approach to strengthen its ecosystem, raising $530 million in new funding for its StablecoinX project while simultaneously starting a $310 million buyback of its native ENA token. The new PIPE (private investment in public equity) financing brings StablecoinX’s total funding to nearly $895 million. The company expects this capital … Read more
The price of TRON (TRX) has seen a significant boost, rising nearly 20% in the last month to trade at approximately $0.3392. This rally is driven by a massive increase in the use of the TRON network for Tether (USDT) transactions. According to data from CryptoQuant, TRON processed more than 8.29 million USDT transactions in … Read more
The ENA token from Ethena has seen a significant price increase, up 5.5% in a single day and 70% over the last three months. This rally is supported by strong technical indicators and a new strategic direction for the protocol. A key factor driving investor confidence is Ethena’s new USDtb stablecoin, which is backed 90% … Read more
Tether’s USDT is now a dominant force in the blockchain ecosystem, responsible for a significant 40% of all transaction fees across nine major networks. This highlights its widespread use not just as a stablecoin, but as the primary “fuel” for global on-chain activity, especially on networks like Tron and BNB Chain. Tether financial influence is … Read more
Tether Gold (XAUt), a tokenized asset backed by physical gold and issued by the company behind the USDt stablecoin, is experiencing significant growth. According to a recent attestation report, its physical gold reserves have reached 7.66 tons by the end of the second quarter. These reserves support over 259,000 XAUt tokens in circulation, giving the … Read more