Sui Blockchain to Host Native Stablecoins Backed by Ethena and BlackRock's Tokenized Fund - The Sui blockchain will soon host its first native stablecoins, following a three-way partnership between publicly-traded digital asset treasury firm SUI Group (SUIG), synthetic dollar protocol Ethena (ENA) and the Sui Foundation.The new tokens, USDi and suiUSDe, are expected to launch later this...

Sui digital asset treasury company plans to launch two stablecoins: report - Competition among stablecoins looks like its about to heat up with several new US dollar-pegged tokens coming down the pike.

Lava raises $17.5M and launches bitcoin-backed lending platform - Crypto lender introduces overcollateralized bitcoin loans with USD yields as new investors join its funding round

Circle Expands $635M Tokenized Treasury Fund to Solana Amid Rapid RWA Growth - Circle (CRCL), the crypto company known for its USDC stablecoin, introduced on Wednesday its tokenized U.S. Treasury fund offering to Solana, expanding its footprint to the blockchain known for low-cost transactions and fast settlement times.The move expands the USYC token beyond Ethereum, Near, ...

US Government Shutdown: 3 Altcoins That Will Rewrite History - Unlike the 2018 shutdown, these three tokens are showing strength. These altcoins now eye major resistance levels despite uncertainty.The post US Government Shutdown: 3 Altcoins That Will Rewrite History  appeared first on BeInCrypto.

Solana finalists: Ignition Demo Day at Singapore Token2049 - Stablecoin, DePIN and robo-advisor teams made the finals

Arf, Huma to Join Circle Payments Network for Seamless Cross-Border Stablecoin Payments - SINGAPORE — Arf, a Swiss provider of short-term liquidity for cross-border payments, is set to join Circle Payments Network (CPN) in a move that will provide eligible users access to on-demand credit, effectively eliminating the need for prefunding, or tying up a large fiat balance before settlem...

Deutsche Börse partners with Circle on stablecoin rollout in Europe - Partnership will bring EURC and USDC to regulated trading, settlement and custody infrastructure under MiCAR rules

Citizens Starts Circle Coverage With Market Perform Rating on Stablecoin Growth, Valuation - U.S. bank Citizens began coverage of Circle Internet (CRCL) with a market perform rating, noting that while the company is poised to capitalize on stablecoin growth, its valuation already captures much of the upside.Circle, issuer of the second-largest stablecoin, the dollar-pegged USDC, and euro...

Stablecoin Market Surges on U.S. Regulation, With Circle's USDC Gaining Ground: JPMorgan - JPMorgan analysts said the stablecoin market has pulled ahead of the broader crypto ecosystem this year, fueled in part by the passage of the U.S. GENIUS Act.At nearly $300 billion, the market has grown 42% year-to-date, nearly double the 21% growth of crypto overall, according to a report publis...

Ethena's Play for Perps - The most scrutinized protocol of 2024 is now a DeFi powerhouse, with USDe positioned to be prime trading collateral.

SocGen’s Crypto Arm Deploys Euro, Dollar-Pegged Stablecoins in DeFi - SG-FORGE is bringing its euro and dollar stablecoins to decentralized finance platforms Morpho and Uniswap.

Deutsche Börse and Circle Partner to Expand Stablecoin Use in Europe - Europe’s largest exchange operator is moving to put stablecoins inside its market infrastructure. The step is designed to push the euro closer to relevance in digital finance. Deutsche Börse Group said it will work with Circle Internet Financial to deploy the issuer’s euro- and dollar-backed toke...

Bitwise CIO says Tether’s growth trajectory could rival world’s most profitable companies - Hougan argues that understanding these markets reframes how investors should approach the crypto industry.

Deutsche Börse, Circle to Integrate Stablecoins Into European Market Infrastructure - Deutsche Börse Group (DB1) signed a memorandum of understanding with Circle Internet Group (CRCL) to bring regulated stablecoins into Europe’s financial market infrastructure.The agreement aims to integrate Circle’s euro- and dollar-pegged tokens, EURC and USDC, into trading, settlement and custo...

Societe Generale’s Crypto Arm Deploys Euro and Dollar Stablecoins on Uniswap, Morpho - Societe Generale’s digital asset subsidiary, SG-FORGE, has taken its euro and dollar stablecoins into decentralized finance (DeFi), opening them up to borrowing, lending and spot trading, according to a press release on Tuesday.The move places the bank’s EUR CoinVertible (EURCV) and USD CoinVerti...