Circle and Nium Launch Stablecoin Settlement Partnership
Nium and Circle have teamed to link stablecoin settlement with global payout infrastructure. The partnership will see the cross-border payments company join Circle’s Payments Network (CPN) as a payout partner, the compa…
Source: PYMNTS
@rwatrails
Nium and Circle have teamed to link stablecoin settlement with global payout infrastructure. The partnership will see the cross-border payments company join Circle’s Payments Network (CPN) as a payout partner, the compa…
Source: PYMNTS
@rwatrails
Cash App Now Supports Stablecoins, Despite Bitcoin Maxi Jack Dorsey's 'Gatekeeper' Gripes
Cash App has begun supporting stablecoin transactions on networks including Ethereum and Solana, pushing past its Bitcoin-based roots.
Source: Decrypt
@rwatrails
Cash App has begun supporting stablecoin transactions on networks including Ethereum and Solana, pushing past its Bitcoin-based roots.
Source: Decrypt
@rwatrails
Mastercard Snags Crypto License as Stablecoin Race Becomes Compliance War
Stablecoins brought U.S. dollar-equivalents to users outside of the U.S. regulatory system. Now, the cryptocurrency and FinTech industries want to bring those same digital dollars inside the system. Using the same block…
Source: PYMNTS
@rwatrails
Stablecoins brought U.S. dollar-equivalents to users outside of the U.S. regulatory system. Now, the cryptocurrency and FinTech industries want to bring those same digital dollars inside the system. Using the same block…
Source: PYMNTS
@rwatrails
Falcon Finance taps Anchorage to issue new GENIUS-compliant payments stablecoin fUSD
Falcon said fUSD is meant to act as a “regulated counterpart” to its existing overcollateralized synthetic stablecoin USDf.
Source: The Block
@rwatrails
Falcon said fUSD is meant to act as a “regulated counterpart” to its existing overcollateralized synthetic stablecoin USDf.
Source: The Block
@rwatrails
The Block
Falcon Finance taps Anchorage to issue new GENIUS-compliant payments stablecoin fUSD
Falcon said fUSD is meant to act as a “regulated counterpart” to its existing overcollateralized synthetic stablecoin USDf.
Cash App lets users send USDC stablecoins on chains like Solana and Ethereum
Cash App users can now transfer on Solana, Ethereum, Polygon and Arbitrum, but executive Miles Suter says the firm is still bitcoin-focused.
Source: The Block
@rwatrails
Cash App users can now transfer on Solana, Ethereum, Polygon and Arbitrum, but executive Miles Suter says the firm is still bitcoin-focused.
Source: The Block
@rwatrails
The Block
Cash App lets users send USDC stablecoins on chains like Solana and Ethereum
Cash App users can now transfer on Solana, Ethereum, Polygon and Arbitrum, but executive Miles Suter says the firm is still bitcoin-focused.
U.S. CFTC files request to erase Gemini settlement that it no longer considers fair
The regulator went back to analyze the 2022 case and decided that it wouldn't have been pursued under current management and practices.
Source: CoinDesk
@rwatrails
The regulator went back to analyze the 2022 case and decided that it wouldn't have been pursued under current management and practices.
Source: CoinDesk
@rwatrails
CFTC seeks to reverse settlement deal with Gemini
The CFTC claimed that its settled complaint filed under the Biden administration relied heavily on a whistleblower’s allegations that Gemini inflated trading activity to distort user demand.
Source: Cointelegraph
@rwatrails
The CFTC claimed that its settled complaint filed under the Biden administration relied heavily on a whistleblower’s allegations that Gemini inflated trading activity to distort user demand.
Source: Cointelegraph
@rwatrails
CFTC, Gemini File Joint Motion to Reverse $5M Settlement
The regulator filed alongside the crypto exchange to undo a 2025 consent order it now says "should not have been filed.".
Source: Decrypt
@rwatrails
The regulator filed alongside the crypto exchange to undo a 2025 consent order it now says "should not have been filed.".
Source: Decrypt
@rwatrails
BIS Project Agorá shows tokenized payments can settle in seconds
The Bank for International Settlements' collaboration with seven central banks and more than 40 institutions concludes a two-year project with a prototype settling wholesale payments in seconds.
Source: Cointelegraph
@rwatrails
The Bank for International Settlements' collaboration with seven central banks and more than 40 institutions concludes a two-year project with a prototype settling wholesale payments in seconds.
Source: Cointelegraph
@rwatrails
BIS says tokenization can improve wholesale cross-border payments
Project Agorá found tokenization could improve wholesale cross-border payments through atomic settlement across multiple jurisdictions.
Source: The Block
@rwatrails
Project Agorá found tokenization could improve wholesale cross-border payments through atomic settlement across multiple jurisdictions.
Source: The Block
@rwatrails
The Block
BIS says tokenization can improve wholesale cross-border payments
Project Agorá found tokenization could improve wholesale cross-border payments through atomic settlement across multiple jurisdictions.
VanEck's tokenized fund lands on Euler as DeFi courts Wall Street institutions
DeFi protocols are increasingly adapting to host regulated, tokenized assets as tokenization is projected to bring trillions of dollars onchain.
Source: CoinDesk
@rwatrails
DeFi protocols are increasingly adapting to host regulated, tokenized assets as tokenization is projected to bring trillions of dollars onchain.
Source: CoinDesk
@rwatrails
Asset manager Grayscale delays IPO plans as crypto listing boom loses steam
Grayscale’s decision to delay its IPO highlights the growing caution across the crypto industry as volatile markets and weak investor demand weigh on public listing plans.
Source: CoinDesk
@rwatrails
Grayscale’s decision to delay its IPO highlights the growing caution across the crypto industry as volatile markets and weak investor demand weigh on public listing plans.
Source: CoinDesk
@rwatrails
VanEck’s tokenized VBILL US Treasury fund can now be used as collateral on Euler
Securitize launched VanEck's VBILL as a collateral asset in an Euler lending market curated by KPK on Thursday.
Source: The Block
@rwatrails
Securitize launched VanEck's VBILL as a collateral asset in an Euler lending market curated by KPK on Thursday.
Source: The Block
@rwatrails
The Block
VanEck’s tokenized VBILL US Treasury fund can now be used as collateral on Euler
Securitize launched VanEck's VBILL as a collateral asset in an Euler lending market curated by KPK on Thursday.
Cash App Rolls Out Stablecoin Payments
Cash App is rolling out its stablecoin payment feature. “Stablecoin send and receive is now available for all eligible customers on Cash App,” the Block-owned company said in a Wednesday (May 27) press release. “[S]tabl…
Source: PYMNTS
@rwatrails
Cash App is rolling out its stablecoin payment feature. “Stablecoin send and receive is now available for all eligible customers on Cash App,” the Block-owned company said in a Wednesday (May 27) press release. “[S]tabl…
Source: PYMNTS
@rwatrails
Hyperliquid's pre-IPO SpaceX contracts suffers 45% flash crash, liquidating $1.5 million
A massive selloff in a SpaceX crypto token wiped out hundreds of retail traders in 30 minutes because the market lacked enough cash to absorb the shock.
Source: CoinDesk
@rwatrails
A massive selloff in a SpaceX crypto token wiped out hundreds of retail traders in 30 minutes because the market lacked enough cash to absorb the shock.
Source: CoinDesk
@rwatrails
Tether’s USAT supply grows 540% month-over-month, latest attestation shows
Tether’s USA₮ supply grew six-fold month-over-month to over 140 million tokens, according to Anchorage Digital's latest attestation.
Source: The Block
@rwatrails
Tether’s USA₮ supply grew six-fold month-over-month to over 140 million tokens, according to Anchorage Digital's latest attestation.
Source: The Block
@rwatrails
The Block
Tether’s USAT supply grows 540% month-over-month, latest attestation shows
Tether’s USA₮ supply grew six-fold month-over-month to over 140 million tokens, according to Anchorage Digital's latest attestation.
Tether's U.S.-focused stablecoin grows over 500% in a month, but still lags main rivals
USAT's market cap jumped above $140 million in April, though it remains well behind Circle's USDC, PayPal's PYUSD and Ripple's RLUSD tokens.
Source: CoinDesk
@rwatrails
USAT's market cap jumped above $140 million in April, though it remains well behind Circle's USDC, PayPal's PYUSD and Ripple's RLUSD tokens.
Source: CoinDesk
@rwatrails
Crypto trading firm FalconX confidentially files with SEC for IPO, hires bankers
FalconX has hired Cantor and other bankers to advise on a potential IPO and confidentially filed draft paperwork with the SEC, though the listing is not expected until later this year amid volatile market conditions.
Source: CoinDesk
@rwatrails
FalconX has hired Cantor and other bankers to advise on a potential IPO and confidentially filed draft paperwork with the SEC, though the listing is not expected until later this year amid volatile market conditions.
Source: CoinDesk
@rwatrails
'First and only': Paxos secures SEC registration as clearing and settlement agency
Paxos said it is the first and only blockchain-native firm to be registered as a clearing agency under the SEC.
Source: The Block
@rwatrails
Paxos said it is the first and only blockchain-native firm to be registered as a clearing agency under the SEC.
Source: The Block
@rwatrails
The Block
'First and only': Paxos secures SEC registration as clearing and settlement agency
Paxos said it is the first and only blockchain-native firm to be registered as a clearing agency under the SEC.
Ventuals to compensate traders after pre-IPO SpaceX perps plunge 45% on Hyperliquid
Ventuals to compensate traders after faulty oracle data sent SPACEX perps down 45% on Hyperliquid, wiping $1.51 million.
Source: The Block
@rwatrails
Ventuals to compensate traders after faulty oracle data sent SPACEX perps down 45% on Hyperliquid, wiping $1.51 million.
Source: The Block
@rwatrails
The Block
Ventuals to compensate traders after pre-IPO SpaceX perps plunge 45% on Hyperliquid
Ventuals to compensate traders after faulty oracle data sent SPACEX perps down 45% on Hyperliquid, wiping $1.51 million.