Circle CEO praises US stablecoin bill in remarks prepared for Congress

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Tether treasury sends Binance $750M USDT in chain swap transaction

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Traders turn to stablecoins as regulatory pressure in the US ramps up

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Circle to launch USDC natively on Arbitrum

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Tether’s USDT sets new all-time high in spite of regulatory concerns

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Tether expands into Bitcoin mining

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Circle launches Euro Coin on Avalanche

Circle, the digital fintech firm most famous as the issuer of the USDC stablecoin and, more recently, Euro Coin, has unveiled the launch of Euro Coin on the Avalanche blockchain.  Circle anticipates the launch to be the first of many multi-chain launches for its reportedly fully-backed euro-denominated stablecoin. Like USDC, Euro Coin is designed to…

Stably introduces #USD, the first Bitcoin network stablecoin

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Stablecoin exchange balance drops below $20B

The volume of stablecoins held on centralized exchanges has fallen below $20 billion—its lowest since April 2021, according to Glassnode data as analyzed by CryptoSlate. According to the chart below, the stablecoin balance across exchanges peaked at over $44 billion in December 2022 when the market was still smarting from FTX’s collapse. However, that figure…