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Russia should be eyeing its own fiat-backed stablecoins, a senior finance ministry official has said. According to a Reuters report on April 16, Russia should unveil its own stablecoins after recent events related to the popular U.S. dollar pegged stablecoin Tether (USDT). If launched, these stablecoins could be pegged on other currencies. The incident in … Read more
Italian finance and economy minister Giancarlo Giorgetti is warning that dollar stablecoins are a greater threat to the European economy than tariffs. U.S. policy on stablecoins is raising alarm among European leaders. At an asset management event in Milan, Italian economy minister Giancarlo Giorgetti said that U.S. stablecoin policy threatens the European economy more than … Read more
Despite ongoing macroeconomic uncertainty and regulatory challenges, the market caps of the two leading stablecoins USDT and USDS has seen substantial growth over the past eight months. Despite the current volatility in the crypto market, fueled by macroeconomic uncertainty induced by the ongoing trade war, capital continues to flow into the ecosystem through stablecoins. A … Read more
Vaulta, formerly known as EOS, is emerging from its past with a renewed focus on practical finance and compliance-first blockchain infrastructure. The network recently partnered with digital asset platform VirgoCX to launch VirgoPay, a cross-border remittance app leveraging stablecoins to slash fees and speed up transactions. With Vaulta serving as the default settlement layer, VirgoPay … Read more
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Following World Liberty Financial’s announcement of the launch of a non-interest-bearing stablecoin USD1 on April 4, 2025, during a tariff-fueled stock market selloff that erased a record $6.4 trillion in value entering … Read more
World Liberty Financial Inc. has quietly launched its USD1 stablecoin, which is now live and actively trading on both Ethereum and Binance Smart Chain, despite no formal launch announcement. According to CoinMarketCap, USD1’s trading volume has surged by over 6,700% in the past 24 hours, currently at over $140 million—just days after its low-key debut. … Read more
Synthetix stablecoin sUSD has fallen 6% in the last day to trade at $0.8597, continuing the recent decline below its $1 peg. At the same time, 24-hour trading volume has jumped nearly 487% to over $2.1 million, as per CoinGecko data. This reflects growing market activity as concerns rise. Synthetix (SNX) is a decentralized finance … Read more
Key Takeaways Treasury Secretary Scott Bessent plans to review regulations affecting blockchain technology and digital assets. Financial inclusion is a key priority under Scott Bessent’s vision for regulatory reforms. Share this article The US Treasury will re-evaluate regulations that may be hindering innovation in blockchain, stablecoins, and emerging payment technologies, said Treasury Secretary Scott Bessent … Read more
The DeFi platform backed by the Trump family, World Liberty Financial (WLFI), has proposed a plan to distribute its native stablecoin, USD1, via an airdrop to WLFI holders as a trial. Per the proposal, the aim of the test is to verify the platform’s on-chain airdrop infrastructure for future plans while also rewarding early adopters. … Read more
Key Takeaways World Liberty Financial plans to distribute USD1 tokens via an airdrop to WLFI holders as a trial. The test aims to verify the company’s onchain airdrop infrastructure and reward early adopters. Share this article World Liberty Financial (WLFI), the DeFi project backed by Trump and his sons, has issued a proposal to conduct … Read more
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