Stablecoins
Circle’s CCTP Moves USDC Through Burn-and-Mint Transfers
USDC continues to expand and contract on Ethereum through minting and burning as Circle manages issuance, redemptions and cross-chain transfers of its dollar stablecoin.
Stablecoins
Coverage of USDT, USDC, USDe and newer dollar tokens: supply changes, reserves and audits, bank-issued stablecoins and the rules governing payment stablecoins.
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EBA Names USDC EU’s First Significant E-Money Token
The European Banking Authority has classified USDC as the European Union's first significant e-money token under the Markets in Crypto-Assets Regulation, placing…
JPYC Slips Below ¥1 in Brief Market Depeg
Japan's regulated yen stablecoin JPYC briefly moved below its ¥1 target in secondary markets, with an automated market alert recording the token near ¥0.9897.
How USDC Minting and Burning Manage Its $73B Supply
Circle manages USDC through issuance and redemption processes that expand or contract circulating supply as eligible customers move between dollars and the stablecoin.
OKX Europe Restricts USDT to One-Way USDC Conversion
OKX Europe is limiting USDT access for European Economic Area users to a one-way conversion route into USDC, keeping the stablecoin unavailable for normal trading while…
Tether and Kazakhstan Explore Tenge Stablecoin and RWA Pilot
Tether has signed a memorandum of understanding with the National Bank of Kazakhstan and the Alatau City Authority to explore a tenge-backed stablecoin and tokenized…
XRPL Commons Joins Eurøpe Consortium for Euro Stablecoins
XRPL Commons has joined the newly formed Eurøpe Consortium, an industry coalition created to expand the distribution and practical use of regulated euro-denominated…
Circle Mints 750M USDC on Solana in 24 Hours
Circle’s USDC infrastructure minted another 250 million tokens on Solana on September 30, bringing reported gross minting over the preceding 24 hours to 750 million…
Circle Brings USDC Workflows Into Volante Banking Platform
Circle and Volante Technologies have formed a strategic collaboration to bring USDC payment and settlement workflows into infrastructure already used by major financial…
Fed Proposes Stablecoin Reserve and Bank-Issuance Rules
The Federal Reserve has proposed two regulatory frameworks implementing its responsibilities under the GENIUS Act, setting detailed standards for stablecoin reserves…
USDe Supply Reaches $4.9B as Ethena Expands Distribution
Ethena’s USDe circulating supply has climbed back toward $4.9 billion after several weeks of renewed issuance, extending a recovery from levels near $4.1 billion at the…
Neutrl Opens NUSD Redemptions at 51 Cents
Stablecoin protocol Neutrl has opened an emergency redemption program for NUSD and sNUSD after a reserve-liquidity problem disrupted normal operations in August.
Circle Mints $3B USDC on Solana in 24 Hours
Circle minted approximately $3 billion in USDC on Solana during a 24-hour period around September 7, marking one of the largest short-term issuance bursts recorded for…