Tag: Stablecoin

Platform Poised to Gain From U.S. Stablecoin Regulation

Native token of decentralized finance (DeFi) lending platform Aave surged to its strongest price in several months on Monday The bluechip DeFi token topped $330 during the session before cooling off at $316, gaining 8% over the weekend. The rally came as the DeFi sector is heating up amid a broader crypto rally, with bitcoin conquering fresh records above $120,000. Aave is the dominant player in DeFi lending, and has just hit $50 billion in deposits on the protocol, a fresh record level. The platform also poised to be one…

Stablecoin Infrastructure Startup Zerohash Nears Unicorn Status With $100M Funding Round

Zerohash is reportedly nearing a $100 million funding round that could value the company at nearly $1 billion. Zerohash Nears Unicorn Status Zerohash, a crypto and stablecoin infrastructure startup, is reportedly close to raising approximately $100 million in a funding round that would value the company at nearly $1 billion. According to a report citing […] Source CryptoX Portal

CZ Retweets Claims Coinbase Behind Bloomberg’s Trump Stablecoin Report

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Binance co-founder and former CEO Changpeng “CZ” Zhao has reposted a tweet alleging that Coinbase was the “anonymous” source behind Bloomberg’s report targeting Trump’s crypto project, World Liberty Financial, and Binance. In a Sunday post on X, crypto commentator Matt Wallace claimed Coinbase executives feared a potential pardon for Zhao and Binance’s return to the US market would threaten their market share, prompting efforts to undermine competitors. “Binance is the world’s #1 crypto exchange,” Wallace wrote, warning that Binance’s return with full legal status could severely damage Coinbase’s business. “What…

Binance’s CZ Denies Bloomberg Report on Trump-Backed USD1 Stablecoin

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Binance co-founder and former CEO Changpeng “CZ” Zhao has rejected a recent Bloomberg report linking him to a stablecoin issued by World Liberty Financial (WLF), one of the crypto businesses tied to US President Donald Trump. In a post on X responding to the investigation, Zhao called the article a “hit piece (sponsored by a competitor)” filled with “so many factual errors” that he “doesn’t even know where to begin.” He added, “Might have to sue them again for defamation.” The Bloomberg report claimed Binance developed the original smart contract…

Binance Helped Create World Liberty Financial Stablecoin — Report

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Cryptocurrency exchange Binance reportedly helped create the code behind the stablecoin issued by World Liberty Financial (WLF), one of the crypto businesses tied to US President Donald Trump. According to a Friday Bloomberg report citing three people familiar with the matter, Binance helped create, promote, and played a role in the largest transaction of WLF’s USD1 stablecoin. The crypto business, backed by Trump and his three sons, launched USD1 on March 4.  An Abu Dhabi-based investment firm, MGX, announced a $2-billion investment in Binance on March 12 using a then-unnamed…

TRON strengthens its role in stablecoin settlements: Mid-year report

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TRON began 2025 on a strong note, marked by important protocol updates, new partnerships and growth across key onchain metrics. Throughout the first half of the year, the network’s strategic focus centered on reinforcing its role as a leading blockchain for stablecoin transfers. In its latest report, Cointelegraph Research examines TRON’s performance across core metrics and explores its expanding presence in the global stablecoin ecosystem. Read the full report to explore TRON’s latest onchain performance milestones and key strategic partnerships. USDT activity on TRON reaches new highs TRON has continued…

Shanghai Mulls Responses To Global Stablecoin Rise

Mainland China, one of the most restrictive global jurisdictions for cryptocurrencies, is reportedly showing signs of a shift in tone regarding stablecoins amid new developments in Shanghai. The Shanghai State-owned Assets Supervision and Administration Commission (SASAC) has held a meeting to discuss strategic responses to stablecoins and digital currencies, Reuters reported on Friday. Following the Thursday meeting, SASAC director He Qing called for “greater sensitivity to emerging technologies and enhanced research into digital currencies,” in a post on the authority’s official account. The initiative reportedly came in response to growing…

Blockchain là công nghệ lỗi thời, đã đến lúc chúng ta cần từ bỏ blockchain

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Nghien Crypto News là kênh tin tức thị trường tiền điện tử, cập nhật những thông tin và kiến thức quan trọng về tiền kỹ thuật số cho nhà đầu tư Việt Nam. Liên hệ hợp tác / Forwork booking: 👉 Telegram: 👉 Email: nghiencryptonews@gmail.com Thông tin về chúng tôi / About us: 👉 👉 Kênh X: 👉 Nhóm Telegram: Đăng ký tài khoản sàn giao dịch crypto bằng link đại lý của Nghien Crypto News vừa được giảm 30% phí giao…

Stablecoin stocks: Why it may be more than Circle and Coinbase that benefit from the GENIUS Act

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The GENIUS Act establishes a framework for stablecoins. Ever since the Senate passed the legislation last week, stocks like Circle (CRCL) and Coinbase (COIN) have surged. But as Yahoo Finance Anchor Julie Hyman explains, more companies want to get in on the stablecoin action. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here: #youtube #stocks #stablecoin #crypto About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources,…

U.S. House Ditching Its Stablecoin Bill to Back Trump’s Choice During ‘Crypto Week’

If the U.S. House of Representatives manages to reach a floor vote on the Senate’s stablecoin bill next week, it could result in President Donald Trump fulfilling at least half of his mission to deliver new laws for the crypto sector this summer. That’ll be a highlight among a bundle of actions during a period labeled “Crypto Week” by lawmakers hoping to record significant legislative wins for the sector. But the bigger-ticket item is the Digital Asset Market Clarity Act to establish first-ever federal regulations to oversee the wider U.S.…