The EU's new MiCA regulation ends a transition period on July 1, forcing exchanges to delist stablecoins like Tether's USDT that lack MiCA authorization, affecting about $17.5 billion in EU-circulating USDT. This regulatory shift is driving liquidity toward compliant stablecoins such as Circle's USDC, which secured early authorization under MiCA. Major exchanges are already scaling back USDT services in the EU, prompting users to redeem USDT and switch to alternatives. This change not only impacts stablecoin trading but also broader crypto market liquidity and may influence similar regulatory approaches in South Korea, where stablecoin rules are still under debate.
Hyundai successfully tested a $20,000 cross-border payment using Avalanche's blockchain, reducing transfer time from hours to about seven minutes. This pilot, involving Hyundai Card and partners like Tether and Axiom, used stablecoins rather than AVA...
Tether's USDT is now available as a confidential token (cUSDT) on Zama, which uses fully homomorphic encryption to hide transaction amounts and balances on Ethereum. Since its launch in January 2026, cUSDT has reached a cumulative shielded volume of ...
David Schwartz, Ripple's CTO Emeritus, acknowledged a fundamental mistake in early blockchain design: assuming all USD stablecoins would share the same currency code 'USD'. This miscalculation led to fragmented stablecoin payments, confusing users wi...
Stablecoin issuers Circle and Tether are key beneficiaries of the rapid growth in neobanks across emerging markets, where stablecoins like USDC and USDT enable cheaper, faster payments. While neobanks struggle with profitability due to high customer ...
This week in crypto, Pump.fun introduced a new trading model pairing memecoins with tokenized stocks on Solana, expanding crypto's reach. Hunter Biden's LAPTOP memecoin crashed 98% shortly after launch, highlighting market volatility. The Liquid netw...
