Circle slides after Morgan Stanley downgrade, cut in price target
The bank said tokenized money market funds, Open USD and slower USDC growth could weigh on the stablecoin…
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Stablecoins
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BlackRock Launches 2 Tokenized Money Funds, Seeks License Under GENIUS Act
BlackRock has unveiled two new tokenized money market assets as it further develops its digital asset strategy. It…
Tether compares apples to oranges to claim Q2 ‘profit’
Tether’s quarterly financial update faces criticism for changing key profit metrics, prompting renewed questions about transparency and performance.…
Binance stablecoin outflows hit $7B – Can Bitcoin defy the liquidity crunch?
Shrinking stablecoin liquidity and rising cross-border capital flows are reshaping crypto market demand, even as Bitcoin remains resilient.…
Why a DeFi platform ditched its consumer app to become the secret backend for tech giants
Revenue fell from $80 million to $20 million in the bear market. OTC lending at $260 million outstanding…
PayPal Betting Big on Stablecoins After Disclosing Q2 Results
PayPal has reported $486.4 billion in total payment volume for the second quarter on July 28, up 10%…
After 3 reverse stock splits and a $13.5M loss, this real estate firm bet $8M on crypto it may not be allowed to withdraw
Real estate services company La Rosa Holdings put $8.14 million of digital assets on its March 31 balance…
Tether posts $1.5B net profits in Q2 as USDT users hit record high: Details
Stablecoin market shed off $15B in value in Q2 Czytaj więcej We współpracy z: https://ambcrypto.com/tether-posts-1-5b-net-profits-in-q2-as-usdt-users-hit-record-high-details/
Bank of Italy research suggests stablecoins aren’t necessarily cheaper for remittances
A mystery-shopping experiment found that exchange fees, foreign exchange spreads and banking rails mean stablecoin remittances are often…
Tether claims $1.5B profit, but hidden math reveals a $4.2B hit that halved its safety cushion in 90 days
Tether’s second-quarter materials report $1.5 billion in net operating profit, earned mainly from Treasuries and repo activity. However,…