Crypto Sleuth ZachXBT Fronted $350K to Pose as a Client of Lazarus' Chinese Launderers
Express News | Circle minted approximately 2.75 billion USDC on Solana over the past seven days.
On October 5, according to monitoring by SolanaFloor, Circle minted another approximately 2.75 billion USDC on Solana over the past seven days.
Express News | Stripe plans to expand its stablecoin card business to more than 100 countries by the end of the year.
On October 5, Stripe announced plans to expand its stablecoin card business to more than 100 countries by year-end. Henri Stern, co-founder of Privy, a crypto wallet infrastructure company, has concurrently assumed the role of head of stablecoin and crypto businesses at Stripe. Stripe's existing stablecoin card clients include Kraken, Ramp, and Morse. Data from Paymentscan shows that stablecoin spending via cards reached approximately $1.2 billion last month, triple the amount recorded during the same period last year. Stern stated that Stripe will remain blockchain-agnostic; while many projects currently use USDC and the company is exploring use cases for tokenized deposits and decentralized finance (DeFi), the majority of its efforts remain focused on stablecoins.
Immutable Holdings Updates Digital Asset Strategy and Settles Litigation
Circle Unveils MiCA Reform Proposal; Three Key Requests for Reserve Rule Amendments Revealed
In a nutshell: Stablecoin issuer Circle has submitted its MiCA reform proposal to the European Commission, requesting the retention of the cross-border multi-issuer framework and...
Tom Lee Calls Stablecoins 'Integral' as Fed Research Details $200 Billion Surge Offsetting China's US Debt Sell-Off: 'Are You Bullish Enough?'
Tom Lee said stablecoins are "becoming integral" to financial system function following a Federal Reserve Bank of San Francisco report showing stablecoin issuers increased their U.S. Treasury