Express News | The European Banking Union has established Qivalis, a stablecoin issuer, which will launch a euro stablecoin in the second half of 2026.

BreakingsDec 3 22:09

Huaxing Capital (01911.HK) has donated 1 million yuan to support relief and rebuilding efforts following the fire at Tai Po's Hong Fuk Yuen.

Huaxing Capital announced a donation of 1 million Hong Kong dollars to a public welfare project in Hong Kong, aimed at supporting relief and reconstruction efforts following the fire at Tai Po Hong Fuk Court. The company stated that it will continue to monitor the progress of the relief efforts and provide long-term support as needed.

AASTOCKSDec 1 14:24

The PBOC’s First Major Statement on Stablecoins: Where Is the Market Headed?

On November 29, the People's Bank of China officially published an article titled 'Meeting of the Coordination Mechanism for Combating Virtual Currency Trading and Speculation,' providing the latest discourse on virtual currencies and stablecoins.

Barron's ChinaDec 1 07:24

Stablecoin Market Sees Shift Amidst Turmoil: A Migration of Billions as Capital Moves Away from 'Leverage' to Embrace 'Real Yield'

The market crash on October 11 not only broke through the price defense line of crypto assets but also triggered a 'multi-billion-dollar migration' in the stablecoin sector. Data shows that since October, the total market capitalization of stablecoins has shrunk from $308.7 billion to $302.8 billion, with nearly $6 billion flowing out of the market. In this downturn, USDC, the leading compliant stablecoin, was hit the hardest, experiencing a cliff-like drop in its supply on the Solana chain. Meanwhile, USDe, previously a rising star among algorithmic stablecoins, saw a significant decline in issuance due to leveraged liquidations from circular lending.

PANewsNov 26 18:00

Bitcoin has erased all of its gains for the year, wiping out more than a 30% increase recorded earlier.

Just over a month after falling from its historical peak, Bitcoin has erased more than 30% of its year-to-date gains. As the Trump rally fades and cooling tech stocks dampen overall risk appetite, the market is being battered by institutional exits, macroeconomic uncertainty, and deleveraging liquidations.

Golden10 DataNov 17 07:33

Stablecoins may become the 'new financiers' of US Treasuries, with the US Treasury Secretary expecting their market value to exceed $3 trillion by 2030.

US Treasury Secretary Bessent stated that the stablecoin market is expected to expand to a scale of $3 trillion by the end of this decade, bringing new demand momentum for US Treasuries.

Zhitong FinanceNov 13 07:58