In brief
Circle and its shareholders sold 34 million shares, raising $1.1 billion in an upsized offering.
The deal values the firm at $6.9 billion on an outstanding share basis, and $8.1…
Circle priced its initial public offering (IPO) on Wednesday at $31 per share, above the expected range of $24 to $26.The company sold around 34 million shares in the offering…
The Donald Trump-affiliated World Liberty Financial announced in a June 4 statement that it airdropped $4 million worth of its new stablecoin, USD1, to holders of its native token, WLFI.Trump-Linked…
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Major cryptocurrency exchange MEXC has significantly increased its involvement in the stablecoin market by becoming the second-largest holder of the synthetic stablecoin USDe among all exchanges. According to its latest…
In brief
Dubai approved RLUSD for use in Dubai International Financial Centre, the third stablecoin to gain regulatory approval there.
RLUSD is the 20th-largest stablecoin with $333.6M market cap and $10B trading…
The company behind the second-largest USD-pegged stablecoin by market cap is naming its price for its upcoming US initial public offering (IPO).
According to a Reuters report, USDC-issuer Circle says it…
The U.S. Senate may be fast approaching a final vote on regulating stablecoins, which would be a high-water mark for crypto legislation in Congress, but Representative French Hill said the…
The latest CryptoQuant data shows Binance holding the largest stash of stablecoins among major exchanges, giving it an edge in overall liquidity.
Binance holds 59% of all stablecoin reserves, with $31B…
BCP Technologies, a cryptocurrency company registered in the UK, is claiming bragging rights for issuing the first stablecoin denominated in British pound sterling, Tokenised GBP (tGBP), under the UK’s regulatory…