Pact Finance secures $7M investment led by Tether on Aptos
Tether's investment in Pact Labs signals a shift towards stablecoin integration in real-world financial systems, enhancing Aptos's...
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Coinbase offers variable USDC yield with MORPHO rewards, Robinhood targets fixed 7%
The competition between Coinbase and Robinhood highlights a shift towards mainstream acceptance of DeFi, potentially influencing r...
Crypto Briefing
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Tether Leads $7M Series A in Pact Labs for USA₮ Payroll
Tether said Tuesday it led a $7 million Series A funding round in Pact Labs, a financial infrastructure startup, to expand use of...
The Defiant
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JPMorgan warns Hyperliquid’s growth threatens Circle’s USDC economics
Hyperliquid's growth could reshape stablecoin economics, pressuring Circle's revenue model and prompting broader industry yield-sh...
Crypto Briefing
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Dragonfly and FirstMark lead $38M Series A for stablecoin startup Velocity
Velocity's expansion into emerging markets could revolutionize cross-border payments, challenging traditional banking and FX syste...
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JPMorgan says Hyperliquid's rise threatens Circle's USDC economics
Hyperliquid's deal with Circle and Coinbase creates a "prisoner's dilemma" that puts pressure on earnings from the dollar-pegged s...
CoinDesk
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Tether leads $7 million round in Pact Labs to boost USAT stablecoin adoption
“Pact Labs gives us the rails to make digital dollars designed to be compliant with U.S. regulations," says Tether USAT.
The Block
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Dragonfly, FirstMark lead $38 million Series A for stablecoin startup Velocity with support from Coinbase, Ripple and more
The startup enables corporate users to use stablecoins while connecting to traditional banking rails and compliance systems.
The Block
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ConfirmoPay launches Subscribe for automated stablecoin payments on Solana
ConfirmoPay's Subscribe could revolutionize SaaS billing by reducing costs and enhancing privacy, but regulatory risks remain sign...
Crypto Briefing
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Tether leads $7M Series A in Pact Labs to expand USA₮ into payroll and payments
Tether's investment in Pact Labs could accelerate USA adoption, but hinges on regulatory clarity and competition from established...
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White House Crypto Chief Patrick Witt to Begin Military Leave as Clarity Act Nears Senate Deadline
Bitcoin Magazine White House Crypto Chief Patrick Witt to Begin Military Leave as Clarity Act Nears Senate Deadline Patrick Witt,...
Bitcoin Magazine
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JCB partners with Circle to integrate USDC for 40 million merchants
The partnership could revolutionize global payment systems by bridging traditional card networks with stablecoin technology, enhan...
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Cap ‘stabledrop’ U-turn sees cUSD drop $23M, founder denies self dealing claims
Cap Labs, issuer of cUSD, is in damage control mode following an unpopular u-turn on its long-anticipated “stabledrop” program. An...
Protos
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American Bankers Association urges Senate to close stablecoin yield loopholes in CLARITY Act
The push to close stablecoin yield loopholes could reshape financial regulations, impacting bank deposit levels and lending capaci...
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Binance Proof of Reserves Rock Bitcoin News Amid BTC Gains and Thin Stablecoin Depth
In the latest Bitcoin news, Binance customer Bitcoin holdings climbed to approximately 640,295 BTC in June, adding 7,715 BTC, a 1....
Cryptonews
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CLARITY Act faces pressure from 78 US banking groups over stablecoin rules
The opposition highlights potential instability in the banking sector and could delay regulatory clarity for stablecoins, affectin...
Crypto Briefing
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Bolivia Weighs Folding Tether’s USDT Into Its National Payments System
Bolivia is considering whether to bring Tether’s USDT into its national payments system, letting the stablecoin circulate alongsid...
Unchained
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Crypto Exchanges Close the Gap to Wall Street as MEXC Logs 7.1 Billion in SpaceX Futures
Crypto exchange MEXC said today (Tuesday) that perpetual futures tied to SpaceX shares drew more than 7.1 billion USDT in trading...
Finance Magnates
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