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Tag: Stablecoins

A stablecoin is a fiat-backed cryptocurrency that has a value pegged to another stable asset, such as the US dollar.

Western Union Launches USDPT Stablecoin on Solana for 24-7 Global Settlements

Western Union Launches USDPT Stablecoin on Solana for 24/7 Global Settlements

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Western Union launched USDPT, a U.S. dollar-denominated payment stablecoin fully backed by USD and issued by Anchorage Digital Bank on the Solana blockchain. The token targets 24/7 treasury management and agent settlements, initially rolling out in the Philippines and Bolivia. Fireblocks provides the underlying wallet, settlement, and operations infrastructure; plans include broader exchange availability and consumer access via...

Crypto adoption, Cryptocurrencies, Front page, News, Stablecoins

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Weekly Snapshot  – Altcoins Coil for Breakouts While BTC Recovers Ground

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Regulatory Tailwinds Support ReboundBitcoin and major assets stabilized this week near recent highs as U.S. lawmakers advanced key crypto legislation, countering earlier ETF outflow pressures and Fed transition concerns. Market structure talks gained traction with a potential May markup, fueling optimism for clearer rules on stablecoins and digital assets. U.S. Crypto Market Structure Bill Advances Toward May MarkupThe White House’s top...

Bitcoin, Crypto market, Crypto regulation, Cryptocurrencies, Regulation, Stablecoins

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Stablecoin Powerhouse - Earn 8-11% APY on USDC and USDT with Zircuit Finance

Stablecoin Powerhouse: Earn 8-11% APY on USDC and USDT with Zircuit Finance

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What is Zircuit? Zircuit is a fully EVM-compatible, zero-knowledge (ZK) rollup that integrates AI-enabled security at the sequencer level. Unlike traditional Layer 2 solutions, Zircuit protects users from malicious transactions and smart contract exploits in real-time. Zircuit Finance is the ecosystem’s dedicated staking program. It allows users to deposit liquidity (ETH, Liquid Staking Tokens, and Liquid Restaking Tokens) to...

Stablecoins, Yield farming

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Tether Posts .04 Billion Q1 Profit

Tether Posts $1.04 Billion Q1 Profit

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Profit milestone: Tether generated $1.04 billion in net profit for Q1 2026 ending March 31. Reserve record: Excess reserves climbed to $8.23 billion, an all-time high. Asset breakdown: Total assets reached approximately $192 billion against $183.5 billion in liabilities, primarily from ~183 billion USDT in circulation. Key holdings: Reserves include $141 billion in U.S. Treasuries, $20 billion in physical gold, and $7 billion in...

Bitcoin, Cryptocurrencies, Front page, News, Stablecoins

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Meta Rolls Out USDC Stablecoin Payouts to Creators on Solana and Polygon

Meta Rolls Out USDC Stablecoin Payouts to Creators on Solana and Polygon

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Adoption milestone: Meta starts rolling out USDC payouts to a limited group of creators in Colombia and the Philippines, allowing direct wallet deposits on Solana or Polygon. Technical setup: Creators link compatible crypto wallets through Meta’s platform; Stripe handles stablecoin transfers and generates tax documentation for earnings and transactions. Partnership details: Stripe’s Link feature powers the payouts, with initial...

Crypto adoption, Cryptocurrencies, Front page, News, Stablecoins

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