Why Recovering Binance’s $6.3B in Stolen Crypto Is So Difficult
Investigators face rapid token swaps, automated wallet transfers and cash-out networks. Frozen assets and Binance’s replacement funding are separate from recovered funds.
Stablecoins
Stablecoins are cryptocurrencies designed to maintain a stable value, typically pegged to a fiat currency like the US dollar. They aim to combine the efficiency of blockchain transactions with the price stability of traditional money. Stablecoins are commonly used for trading, payments, and transferring value across crypto platforms. Some are backed by reserves, while others rely on algorithms or crypto collateral. Their growing use has made stablecoins a key bridge between traditional finance and the crypto economy.
Latest Stablecoins News
Tether Reports $1.5B Q3 Operating Profit as Buffer Nears $8B
Tether reports $1.5 billion in Q3 net operating profit and $191.5 billion in reserves, with assets exceeding liabilities by $7.95…
Tether Launches FASE Foundation to Fight Scams and Pilot Stablecoin Aid
Tether and industry partners launch the Swiss nonprofit FASE Foundation, targeting scam prevention, trafficking-survivor support and stablecoin aid.
Ripple and Coinbase Expand RLUSD Access Across Trading Platforms
RLUSD goes live on Coinbase’s retail and institutional platforms across XRPL, Base and Ethereum, while Global Exchange collateral support remains planned.
Ethena Pay Launches Earn+ Targeting Up to 12% APY
Ethena Pay’s optional Earn+ vault targets up to 12% APY through a leveraged USDe strategy, with tier-based limits and variable rewards.
Visa’s Stablecoin Settlement Run Rate Tops $25B, Up Tenfold
Visa says its stablecoin settlement pace has exceeded $25 billion annualized, up tenfold year on year, as blockchain support and card programs expand.
Bessent Backs SEC and CFTC Crypto Rules After CLARITY Act Setback
Scott Bessent backs SEC and CFTC action after the CLARITY setback, while arguing that dollar stablecoins can expand demand for US government debt.
Ripple and Robinhood Team Up on RLUSD and Institutional Finance
RLUSD is live on Robinhood Chain and Bitstamp, with Robinhood app access planned this year as the firms expand treasury and brokerage ties.
Mastercard Says Stablecoin Payments Need Faster Fiat Connections
Mastercard’s Matthew Driver says slow conversions into and out of stablecoins can erase payment-speed gains, even when the blockchain transfer is fast.
BlackRock, SBI and Startale Sign MOU on Tokenized Funds and Yen Stablecoin
BlackRock, SBI Holdings and Startale will explore linking tokenized money market funds with JPYSC, the yen stablecoin issued by SBI Shinsei Trust Bank.