Stablecoin Shock: Resolv’s USR Loses Peg After $80M Mint
Resolv’s USR stablecoin experienced a sharp breakdown after an attacker minted around $80 million worth of unbacked tokens. The price…
Category: Stablecoins
CLARITY Act Moves Forward After Weeks of Delay
After months of stalled negotiations, the CLARITY Act is showing signs of progress. U.S. senators and the White House have…
Florida Moves to Regulate Stablecoins With New State Bill
Florida lawmakers have taken a major step toward regulating stablecoins at the state level. The Florida Senate approved Senate Bill…
Gold-Backed Stablecoins Surge as Investors Anticipate Safe-Haven Rush
While major cryptocurrencies fell sharply following the weekend’s geopolitical escalation, gold-backed stablecoins moved in the opposite direction. PAX Gold (PAXG)…
USD1 Briefly Slips as WLFI Reports Coordinated Attack
World Liberty Financial’s stablecoin, USD1, briefly moved below its $1 peg on Monday amid heightened market activity and online speculation.…
Circle’s USDC Goes Native on Polymarket – But CRCL Stock Struggles
Polymarket has announced a transition from bridged USDC on Polygon to native USDC through a new partnership with Circle, the…
Circle Stock Tumbles Despite USDC Growth: What’s Dragging It Down?
After a blockbuster IPO in early 2025, Circle Internet Group (NYSE: CRCL) quickly surged past $250 per share. But since…
Tether Tries to Buy Juventus, But Agnelli Family Says No
Tether, issuer of the USDT stablecoin, has formally submitted a €1.1 billion all-cash offer to acquire a controlling stake in…
USDX Stablecoin Faces Major Peg Loss, Protocols Launch Liquidations
The synthetic stablecoin USDX has sharply depegged from its intended $1 value, briefly dropping below $0.4 earlier today. The price…
Europe’s Digital Euro Plan Moves Forward – Launch Could Happen by 2029
The European Central Bank (ECB) has announced it is entering the next phase of its digital euro project. After concluding…