Crypto Biz: Stablecoins are serious business, Feb. 17–24
The stablecoin market continues to grow and diversify: Circle's USDC, Tether's USDT and Terra's UST all made headlines this week.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The stablecoin market continues to grow and diversify: Circle's USDC, Tether's USDT and Terra's UST all made headlines this week.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Coinbase sets 3-day MiCA deadline for USDT, PayPal and Trump-linked stablecoins
Affected retail balances will convert at market rates, with USDC used where suitable and late deposits excluded. Read the full sto...
Circle Brings USDC and EURC Closer to the Corporate Finance Department
TL;DR: Circle and SAP-backed Tereina plan to embed USDC and EURC payments into enterprise workflows, beginning with SAP Cloud ERP....
Canada’s Stablecoin Draft Allows Usage Rewards, Bars Issuers Paying Yield via Third Parties
Canada’s Department of Finance has published draft Stablecoin Regulations that spell out where a permitted reward ends and a banne...
SoFi’s tokenized deposits put banks in competition with stablecoins, Truth Ventures CEO says
SoFi's tokenized deposits may drive innovation in banking, challenging stablecoins and prompting regulatory and consumer protectio...
Circle’s tokenized CRCL stock leads market with $385.7M cap after 2,961% growth
The rapid growth of tokenized CRCL stock highlights the increasing integration of traditional equities into blockchain ecosystems,...
Circle minted another ~4 billion USDC on Solana in the last 7 days
Circle's minting of USDC on Solana may signal strategic shifts, impacting blockchain activity and potentially influencing Solana's...