Tag: Stablecoin

Stablecoin Jitters, AI Micropayments Reshape Crypto

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Stablecoins are once again at the center of the crypto business narrative โ€” but for very different reasons. Circleโ€™s sharp sell-off this week highlights how sensitive crypto equities remain to regulatory headlines, even when the underlying business fundamentals appear unchanged. At the same time, developments in Canada show institutions are moving in the opposite direction, quietly laying the groundwork for stablecoin integration into traditional finance. Elsewhere, prediction markets are facing growing pressure to clean up their act as regulators zero in on manipulation risks, while a new thesis from Forrester…

Circle and Sasai Partner to Expand USDC Stablecoin Payments Across Africa โ€“ News Bytes Bitcoin News

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Circle and Sasai Fintech, a business of Cassava Technologies, launched an initiative to integrate internet-native stablecoin payments into the regional economy. The partnership focuses on reducing costs and settlement times for cross-border commerce and mobile-first consumers across several high-growth payment corridors. The collaboration leverages Circleโ€™s regulated stablecoin and full-stack platform to connect African businesses and individuals to the global financial system. By utilizing the worldโ€™s largest stablecoin network, Sasai Fintech aims to enhance its unified suite of digital services across its 94-country reach. โ€œBy integrating with the trusted and widely…

Circle Froze 16 ‘Unrelated’ Stablecoin Wallets, Says ZachXBT

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Stablecoin issuer Circle, the company behind the USDC (USDC) dollar-pegged token, wrongfully froze 16 wallets in connection with an ongoing civil legal case in the United States, according to onchain investigator and security researcher ZachXBT. The wallets in question belonged to crypto exchanges, online casinos and foreign currency exchange businesses, which โ€œdo not appear related at all,โ€ ZachXBT said.ย  โ€œAn analyst with basic tools could have identified, within minutes, that these were operational business wallets from the thousands of transactions they process,โ€ he said Source: ZachXBT In a separate social…

Crypto Bill Clash: Coinbase Rejects CLARITY Act Changes On Stablecoin Yields

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Cryptocurrency exchange Coinbase has reportedly told Senate offices it cannot support the latest language inserted into the CLARITY Act, dealing a fresh setback to negotiations over the anticipated crypto market-structure bill.ย  The dispute centers on newly revised provisions governing stablecoin yield arrangements, a key point of contention that has been the subject of months of talks on Capitol Hill. Coinbase Says No To Lateโ€‘Stage Compromiseย  The Senateโ€™s updated text would constrain how stablecoin yield programs operate, limiting structures that try to mirror bank deposit products and tightening the permissible scope…

Circle Brings USDCx Stablecoin to Movement L1 Blockchain

Tony Kim Mar 25, 2026 13:44 Movement becomes the fifth blockchain to integrate Circle’s xReserve infrastructure, enabling USDC-backed stablecoin access across 30+ chains without third-party bridges. Circle has expanded its xReserve infrastructure to Movement, a layer-1 blockchain built on the Move Virtual Machine, marking the fifth network integration for the USDC-backed stablecoin system. The deployment gives Movement users access to USDCxโ€”a dollar stablecoin backed 1:1 by USDC reservesโ€”with native cross-chain interoperability spanning more than 30 supported blockchains. The integration matters because it…

Circle (CRCL) Crashes Below $100 After Senate Revises Crypto Bill To Ban Stablecoin Rewards

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Stablecoin Rewards Hit a Wall in Senateโ€™s CLARITY Act Draft, Leaving Industry Guessing โ€“ Bitcoin News

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CLARITY Act Compromise Limits Stablecoin Earnings, Leaves Gray Areas The revised Digital Asset Market Clarity Act, unveiled to industry participants in a closed-door Capitol Hill session on Monday, allegedly bans passive yield on stablecoin balances while permitting rewards tied to user activity such as trading or payments. That distinction sounds neat on paper, but early reactions suggest the execution may be anything but. According to reporting from Crypto America journalist and host, Eleanor Terrett, sources familiar with the draft said the โ€œproposal would prohibit platforms from offering yield โ€˜directly or…

Delaware Moves to Regulate Stablecoin Under State Banking

Delaware has introduced Senate Bill 19 (SB 19), legislation that would bring stablecoin issuers under the stateโ€™s existing banking supervisory framework and position the state as a certified regulatory jurisdiction under the federal Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act), enacted in July 2025. Spiros Mantzavinos and Rep. Bill Bush following direct consultation with Delawareโ€™s financial sector, the bill creates a formal licensing pathway for payment stablecoin issuers operating below the $10 billion consolidated issuance threshold established by federal law. The implications extend well beyond Dover,…

Crypto Regulation News! Clarity Act, Banks Stablecoin Yield, Anti-CBDC Bill, & SEC Clarity!

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Ron Hammond, Head of Policy and Advocacy at Wintermute, joined me to discuss the latest developments with the crypto market structure bill and much more. Topics: – Clarity Act status – What happens if the Clarity Act does not pass in 2026 – Banks vs Stablecoin Yield and DeFi – SEC & CFTC Crypto guidance – Anti-CBDC Bill update Brought to you by ๐Ÿฆ Learn about iTrustCapitalโ€™s powerful Premium Custody Account (PCA) and tax-advantaged Crypto IRA platforms ๐Ÿ’กGet the (Re)Thinking Crypto Book…

Resolv Says No Assets Lost After USR Stablecoin Exploit

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Resolv Labs moved Sunday to reassure users after an exploit hit the issuance mechanics of its USR stablecoin, knocking the token off its dollar peg and prompting decentralized finance (DeFi) protocols with exposure to move quickly to contain any fallout. Cointelegraph reported earlier Sunday that an attacker exploited USRโ€™s minting mechanics, creating tens of millions of unbacked tokens and dumping them through DeFi pools, which broke the stablecoinโ€™s peg and prompted Resolv to pause protocol functions as it assessed the damage. The token dropped as low as $0.14 (86% below…