FDUSD Depegs After Justin Sun Alleges First Digital Is ‘Insolvent’ Amid $456M Dispute
First Digital’s stablecoin, FDUSD, slipped almost 10% today, falling below its intended peg after news broke of a lawsuit targeting the company’s CEO. Adding fuel to the fire, Tron founder Justin Sun took to X on Wednesd...
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Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
Carlos Domingo: The DTCC is repeating telecom’s mistakes, banks need the Clarity Act more than crypto, and stablecoins set the benchmark for tokenized assets | The Wolf Of All Streets
Financial institutions must choose between proprietary systems or embracing open blockchain technologies for future growth. The po...
Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a...
Latam Insights: Inside Brazil’s CBDC Privacy Bill and Latin America’s $1.5 Trillion Stablecoin Economy
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition,...
SpaceX IPO Shatters Records as Bitcoin Sinks Below $60,000 and Tether Overtakes Ether
SpaceX raises $75bn in historic IPO; Bitcoin falls below $60,000 with half of supply in loss; Tether briefly overtakes Ether in a...
Rob Hadick Warns Tether and Circle Face Rising Pressure From New Stablecoins
Dragonfly General Partner Rob Hadick believes stablecoins are entering a new phase. While USDT and USDC remain dominant today, he...