Stablecoins are moving into payments, and Fireblocks is stepping in with a network built for transfers and conversions at scale. The firm, valued at 8 billion dollars in 2022, says more than 40 participants are live at launch, including Bridge…
Stablecoin EURAU Launch Backed by Deutsche Bank and Partners
The launch of AllUnity’s EURAU marks a significant inflection point in Europe’s effort to build credible euro-denominated digital money alongside a market overwhelmingly dominated by U.S. dollar equivalents. EURAU is a fully regulated euro-pegged stablecoin backed by heavy institutional capital…
Crypto Market Tops $4 Trillion as US Stablecoin Bill Advances
The total market value of cryptoassets surged past $4 trillion for the first time, driven by a remarkable altcoin rally and the momentum from a comprehensive US legislative push to regulate the sector. This landmark valuation underscores renewed institutional interest in…
Stablecoin Regulation Bill Advances During House Crypto Week
Republican leaders in the House of Representatives plan to approve legislation this week that would set clear rules for dollar-backed stablecoin issuers. The measure follows Senate approval on June 30 by a vote of 81–13 and represents Congress’s first comprehensive…
Coinbase Stock Rises 45% on Senate Stablecoin Approval
Coinbase Global Inc. shares closed at the highest level ever last Thursday when the stock climbed 5.5% to $375.07, surpassing the prior peak of $357.39 from November 2021. After tumbling to a record low in late 2022 amid the collapse…
Coinbase climbs 38% on US stablecoin bill and MiCA approval
Shares of Coinbase hit their highest level in a year this week, reflecting growing regulatory clarity both in the United States and abroad. Since June 18, the stock of the leading U.S. crypto exchange has climbed 38%, driven by the…
Crypto market jumps on stablecoin act as Circle gains 53%
The U.S. legislative landscape shifted dramatically this week as the Senate approved the GENIUS Act, marking the first comprehensive regulatory framework for stablecoins. This development sent shockwaves across the financial ecosystem, driving shares of the first publicly traded stablecoin issuer,…
Canadian Crypto Firms Seek Approval for QCAD Stablecoin
Canadian Crypto Firms are responding to the US Senate’s progress on comprehensive stablecoin legislation by advancing their own initiatives north of the border. A Toronto-based startup supported by Coinbase Global Inc. has formally petitioned the Ontario Securities Commission to launch…
Coinbase Offers E-Commerce Stablecoin Payments to Merchants?
Coinbase Global is unveiling a suite of payment tools designed to position stablecoins as a mainstream method for online transactions. The new Coinbase Payments platform arrives shortly after the US Senate approved landmark stablecoin legislation on June 17, 2025, and…
Stablecoin bill okayed in US Senate, backs crypto and Trump
The US Senate has approved a bill that sets clear rules for the use and issuance of stablecoin, marking a step toward defining its role in the financial system. The legislation passed with a 68–30 vote, showing support across both…