Stablecoins, central bank digital currencies and the new rails of digital cash.
Payments giant Visa has announced a new pilot program in the U.S. that enables businesses to send US dollar-pegged stablecoin payouts, like USDC, directly from their fiat-funded accounts. The pilot, announced at the Web Summit in Lisbon, integrates stablecoin functionality into Visa Direct, its digital payments network. Key Details of the Pilot: Functionality: U.S.-based businesses … Read more
Ethereum’s on-chain economy is entering a new, institutional phase, primarily driven by the growth of tokenization and surging stablecoin usage. PYUSD Stablecoin Volume Hits New Highs PayPal’s stablecoin, PYUSD, has become a major engine of growth on Ethereum. It registered its strongest quarter yet, recording $18.6 billion in transfer volume. This represents a massive 260% … Read more
A new report from Wintermute highlights that the collective market value of key crypto liquidity drivers—stablecoins, exchange-traded funds (ETFs), and digital asset trusts (DATs)—has soared from $180 billion in 2024 to $560 billion by November 2025, representing a greater than threefold increase. However, after an explosive year of growth driven by institutional inflows and new … Read more
Decentralized finance (DeFi) liquidity provider Elixir has announced it will wind down its synthetic dollar stablecoin, deUSD, in a direct response to a major financial loss disclosed by Stream Finance. The Interconnected Collapse The chain of events began earlier this week when Stream Finance revealed that an external fund manager had caused a significant loss … Read more
Tether, the issuer of the USDT stablecoin, has significantly increased its Bitcoin (BTC) holdings, making two large transfers totaling approximately $1 billion from Bitfinex’s hot wallets to its reserve address. Key Takeaways from the On-Chain Activity Massive Acquisition: Tether executed two transactions, transferring roughly 961 BTC and then another 8,888 BTC, increasing its total reserve … Read more
A large cryptocurrency investor, with the wallet address 0x540C, recently withdrew a massive $114.9 million in USDT from Aave’s main market. This significant event immediately pushed Aave’s USDT utilization rate to 92.83%, far exceeding its optimal level. Interest Rates Spike to Stabilize Liquidity The sudden spike in the utilization rate has triggered Aave’s built-in risk … Read more
Tether, the stablecoin issuer, has formed a strategic partnership through its asset tokenization arm, Hadron by Tether, with Bitfinex Securities and asset manager KraneShares to accelerate the development and adoption of tokenized securities. Key Details of the Collaboration Goal: To combine regulatory foundation, infrastructure, and market expertise to bridge traditional finance with blockchain networks by … Read more
Stablecoin issuer Circle is calling on US regulators to establish consistent, transparent, and reasonable guidelines for all stablecoin issuers. This request comes as the Treasury Department works to implement the GENIUS Act, a law signed in July intended to create a national framework for payment stablecoins and clarify regulation. Key Takeaways from Circle’s Submission Equal … Read more
Tangem, the cryptocurrency hardware wallet company, has introduced Tangem Pay, a new virtual Visa card that allows users to spend their stablecoins directly at millions of global merchants. Key Details of the New Payment Solution Direct Stablecoin Spending: Developed in partnership with US payment infrastructure company Paera, the card initially supports spending Circle’s USDC stablecoin … Read more
The Bank of England (BoE) is set to quickly introduce new regulations for stablecoins used in systemic payment systems, aiming to move in lockstep with the United States. BoE Deputy Governor Sarah Breeden confirmed on November 5, 2025, that rules for these “systemic” stablecoins will be rolled out “just as quickly as in the US,” … Read more