Publicly traded stablecoin issuer Circle is exploring the possibility of reversible transactions involving its dollar-backed stablecoin, USDC, according to a report from the Financial Times. The firm’s considerations would stray from the concept of immutablity—one of blockchain’s foundational premises that does not allow for finalized transactions to be modified—but potentially catalyze the intertwinement of stablecoins
Stephen Miran, known for his closeness to US President Donald Trump and nominated for the Fed board, was confirmed by the Senate just a few days before the critical Fed interest rate decision. Miran was recommended by Trump to replace Adriana Kugler, who left the Fed abruptly in August, on the board. While it was
Vienna — USPD, a new type of yield-bearing stablecoin designed to be unstoppable and fully transparent, has officially gone live on Ethereum mainnet with its first minted tokens. The launch is backed by a $1.5 million pre-seed round led by legendary investor Tim Draper, alongside Gateway Ventures and Zelda Ventures. — USPD, short for United
U.S.-listed cloud company Cloudflare (NET) announced plans to intorduve a U.S. dollar stablecoin for what it calls the “agentic web,” where autonomous AI agents perform tasks like booking flights or ordering groceries. The company said on Thursday that the token, dubbed NET Dollar, will enable instant and secure transactions for software agents, developers and creators.
On-chain asset management is having a strong year, with assets under management (AUM) more than doubling in 2025, according to a new report from investment firm Keyrock and on-chain asset manager Maple Finance. The report found that total AUM across automated yield strategies, discretionary strategies, structured products, and on-chain credit surged 118% to $35 billion
Wall Street showed subdued action as major gauges opened lower after investors reacted to jobs data showing U.S. jobless claims fell to 218,000. Summary Dow Jones slid 120 points while Nasdaq fell 1.15% to lead losses across the major U.S. indexes. The S&P 500 also dropped 0.68% in early trading to see Wall Street risk
After details leaked this week of negotiations between Tether and potential investors over a $15-20 billion private placement, skeptics are asking why the company needs to raise any cash at all. After all, it claims to hold over $105 billion in cash, money markets, and US Treasuries in its reserves. According to Bloomberg, Tether is
According to local reports, Venezuela liquidated larger volumes in USDT than in dollars in September, executing a notable pivot toward stablecoins. This could be one of the first cases of a government using stablecoins as part of public‑spending practices. Analyst: Venezuela USDT Spending Surpassed Dollar Disbursements in September Venezuela, whose oil industry faces crippling unilateral
Key Takeaways China launched a digital yuan hub in Shanghai to promote international trade and cross-border payments using its central bank digital currency. The goal is to support trade, investment, and innovation in digital finance while linking China’s financial system with overseas markets. China today opened a digital yuan hub in Shanghai designed to accelerate