What happened in stablecoins today. No AI-generated filler, no sponsored takes.
Justin Sun invested $75 million in World Liberty Financial's WLFI token by January 2025. Fourteen months later, 595 million of his tokens are frozen — worth roughly $107 million at peak, now closer to $47 million after a 76% crash from all-time highs...
World Liberty Financial pledged 5 billion WLFI tokens on Dolomite, a DeFi lending protocol co-founded by Corey Caplan — who also serves as a WLFI adviser in an ...
Total stablecoin transaction volume hit $28 trillion in Q1 2026 — a 51% jump from Q4 2025 and a new all-time high. Supply reached $315 billion. The headlines ca...
The Banque de France sold every ounce of gold it held at the Federal Reserve Bank of New York between July 2025 and January 2026 — 129 tonnes worth roughly $15 ...
If you held $100 in 2021, it bought $80 worth of goods by 2026. That's the biggest five-year purchasing power drop since 2005, driven by cumulative CPI inflatio...
Japan's cabinet approved a draft amendment on April 10 that moves cryptocurrencies from the Payment Services Act to the Financial Instruments and Exchange Act —...
Tether reported net profit surpassing $10 billion through the first three quarters of 2025, driven overwhelmingly by interest on $135 billion in U.S. Treasury h...
The White House Council of Economic Advisors dropped a research report on April 8 that banks won't like. The finding: prohibiting interest payments on stablecoi...
FinCEN and OFAC published a joint proposed rule on April 8 that would treat permitted payment stablecoin issuers as financial institutions under the Bank Secrec...
Treasury Secretary Scott Bessent published a Wall Street Journal op-ed this week calling on Congress to pass the Digital Asset Market Clarity Act before U.S. cr...
UBS, PostFinance, Raiffeisen, Zürcher Kantonalbank, Banque Cantonale Vaudoise, and crypto bank Sygnum announced on April 8 that they're partnering with Swiss St...
The FDIC board voted unanimously on April 7 to propose new rules governing how banks can issue stablecoins under the GENIUS Act framework. Chairman Hill, Direct...
The Bank of Korea and Bank of France held a two-day joint seminar on April 7 covering digital assets and central bank policy. The headline takeaway: both countr...
Stablecoin supply on Ethereum hit $180 billion this week — an all-time high and a 150% increase over the past three years, according to Token Terminal. Ethereum...
On April 1, a group of attackers drained $285 million from Drift Protocol — Solana's largest perpetual futures exchange — in exactly 31 transactions over roughl...
Polymarket launched its biggest infrastructure overhaul on April 6: a new collateral token called Polymarket USD, backed 1:1 by USDC, replacing the bridged USDC...
JPMorgan projects the tokenized real-world asset market will grow to $13 trillion by 2030. That number got the headlines. What didn't: JPMorgan isn't just forec...
Iran's Revolutionary Guard has turned the Strait of Hormuz into a toll booth. Ships wanting safe passage through the world's most important oil chokepoint now p...
Stablecoins settle $1.8 trillion per month. Ninety-seven percent of that volume is denominated in US dollars. And according to the IMF's latest research note, p...
The Office of the Comptroller of the Currency gave Coinbase conditional approval to operate as a national trust company on April 2. CEO Brian Armstrong's respon...
Circle's stock dropped 18% on March 24 — its worst day since going public in 2025. The easy explanation is the Clarity Act's proposed ban on stablecoin yield. T...
The $4.3 trillion mortgage giant just said yes to crypto. Fannie Mae will accept mortgages where borrowers pledge Bitcoin or USDC as collateral for their down p...
On March 12, the US Senate voted 89-10 to ban the Federal Reserve from issuing a central bank digital currency until at least 2030. The provision was tucked int...
SBI VC Trade, the crypto arm of Japan's SBI Holdings, started offering retail USDC lending on March 20. It's the first regulated stablecoin yield product in Jap...
Senator Cynthia Lummis says the US market structure bill is almost done. "We are so close this time." One issue remains: whether stablecoins can pay yield. That...
Delaware hasn't touched its banking code since 1981. Ronald Reagan was president. The internet didn't exist. Now the state that hosts 67% of Fortune 500 incorpo...
At 2:21 a.m. UTC on Sunday, an attacker deposited 100,000 USDC into Resolv's minting contract and received 50 million USR in return. That's a 500:1 ratio on a t...
NovaBay Pharmaceuticals — a company that sells antimicrobial eye drops and wound care products — is changing its name to Stablecoin Development Corporation and ...
Bernstein published a research note last week calling stablecoins the "rails for machine-to-machine payments" and naming Circle and Coinbase as the best proxies...
Roughly 80% of Venezuela's crude oil revenue — about $12 billion a year — now settles in USDT. The state oil company PDVSA switched to stablecoins after traditi...
Tether announced on March 24 that it has hired a Big Four accounting firm to conduct the first full financial statement audit of the reserves backing its $184 b...
Mastercard is acquiring BVNK, a London-based stablecoin infrastructure company, for up to $1.8 billion — including $300 million in contingent payments. BVNK pro...
Three of the largest stablecoin players have all arrived at the same conclusion: the most valuable piece of stablecoin infrastructure isn't the token. It's the ...
Sub-Saharan Africa processed $205 billion in on-chain transactions in the 12 months to June 2025, per Chainalysis. Nigeria alone accounted for $92 billion of th...
Canada's federal stablecoin legislation hasn't passed yet. The rules are still being written. Deloitte Canada isn't waiting. The professional services firm is ...
On March 20, Circle submitted formal feedback to the European Commission on its proposed Market Integration Package — a broad policy initiative to strengthen Eu...
Two major payment players unveiled tools for machine-to-machine payments in the same week. Visa launched its CLI for programmatic card payments on March 19. Tem...
On March 18, Dante Disparte — Circle's chief strategy officer and head of global policy — testified before the UK House of Lords Financial Services Regulation C...
The Financial Stability Board — the G20's financial regulation coordinator — flagged dollar-denominated stablecoins as posing "potentially more acute" risks to ...
On March 25, both Circle and Tether blacklisted an Ethereum hot wallet belonging to Wallex, one of Iran's largest crypto exchanges. Around $2.49 million in stab...
Stablecoin balances across South Korea's five largest crypto exchanges — Upbit, Bithumb, Coinone, Korbit, and GOPAX — plunged 55% between July 2025 and mid-Marc...
On March 21, World Assets — the entity behind Sam Altman's Worldcoin — sold 117 million WLD tokens in an OTC deal with Binance and FalconX. The price: roughly $...
Updated daily by Mark Snowden
