Stablecoin


Consensus Hong Kong 2025 Coverage

The Next Bridge.xyz? BlindPay's CEO Wants to Revolutionize Global Payments

Bernardo Moura is looking to upend SWIFT’s dominance of the massive international payments industry, starting with Latin America.

BlindPay CEO Bernardo Simonassi Moura

Finance

Circle Enters Tokenization Race by Acquiring Hashnote, $1.3B Real-World Asset Issuer

Circle also said it will bring the $48 billion USDC stablecoin to the Canton Network and struck a partnership with crypto market maker Cumberland DRW to provide liquidity for USDC and USYC tokens.

Jeremy Allaire, CEO of Circle (CoinDesk)

Markets

Red-Hot DeFi Platform Usual Faces Backlash as Protocol Update Triggers Sell-Off

An unexpected change in the redemption mechanism of the protocol's yield-generating token caught investors off-guard, throwing the DeFi community into disarray.

FLASH: Balances on the Lightning Network can be revealed by relatively straightforward cyberattacks, researchers say. (Credit: Shutterstock)

Tech

Ripple Aims to Boost RLUSD Stablecoin's DeFi Utility with Chainlink Standard

Chainlink will provide crucial pricing data for Ripple's U.S. dollar stablecoin on the Ethereum blockchain.

Ripple CEO Brad Garlinghouse (Suzanne Cordiero/Shutterstock)

Consensus Hong Kong 2025 Coverage

Animoca Brands' Yat Siu: 2025 Will Be the Year Crypto Goes Mainstream

Crypto will reach a turning point when it becomes as useful for companies as the internet became in the 1990s, argues Animoca Brands' co-founder.

Yat Siu, co-founder of Animoca Brands at Consensus 2023 (CoinDesk)

Finance

Avalon Labs Raises $10M Series A to Grow Bitcoin-Backed Stablecoin

The Series A funding round was led by Framework Ventures and included contributions from UXTO Management, Presto Labs and Kenetic Capital

Heading of Bitcoin Whitepaper

Finance

Stablecoin Payments Platform BVNK Raises $50M to Fuel U.S. Expansion

The investment round was led by Haun Ventures and included contributions from Coinbase Ventures and Tiger Global.

Funding (Gerd Altmann/Pixabay)

Finance

Tether Invests in MiCA-Compliant Stablecoin Issuer StablR

The crypto company behind USDT, the largest stablecoin, decided to shutter its own euro-pegged stablecoin and back smaller issuers that comply with the EU's MiCA regulations.

Tether CEO Paolo Ardoino (Tether)

Finance

Ripple to Roll Out RLUSD Stablecoin on Dec. 17, Adds Former Central Bankers to Advisory Board

The stablecoin will become broadly available to crypto users on the XRP Ledger and Ethereum networks beginning on Tuesday.

Brad Garlinghouse, CEO of Ripple, speaks at Consensus 2024. (Shutterstock/CoinDesk)

Markets

Ethena Rolls Out Stablecoin Backed by BlackRock's BUIDL Token

The protocol's governance token ENA rallied over the weekend as Donald Trump-affiliated World Liberty Financial invested in the token.

(Ryan Quintal/Unsplash, Modified by CoinDesk)