Circle(@circle) just minted 1.25B $USDC on #Solana in the past 24 hours.https://t.co/keAa4ofy4J https://t.co/pV497NVSy0 ...

RT BSCN (@BSCNews)🚀 NEW STABLECOIN POWER MOVE ON @SOLANA!Trump-linked WLFI joins forces with @bonk_fun & @Raydium to expand USD1 liquidity. All the details 👇https://t.co/l4mBAUrJ26 ...

Japan’s Largest Banks Get Greenlight for Stablecoin Trial, Plan March 2026 Launch► https://t.co/9rrjEURzRX https://t.co/9rrjEURzRX ...

RT Token Terminal 📊 (@tokenterminal)Top 5 tokenized assets on @solana, based on market cap:🥇 USDC stablecoin 📉🥈 USDT stablecoin 📉🥉 PYUSD yieldcoin 📈4⃣ USDG yieldcoin 📈5⃣ BUIDL yieldcoin 📈Key takeaway?Assets that share economics w/ users are growing faster than those that don't. https://t.co/WnYZjmH2u9 ...

Core Insights - Tether remains the largest stablecoin by market cap and trading volume, with over $183 billion in circulation, indicating its significant influence on the cryptocurrency market [2] - Tether's reserves are primarily backed by US Treasuries, accounting for over 74% of its assets, positioning it as the 17th largest holder of US Treasuries globally [2] - Tether is actively investing in gold, holding nearly $13 billion, which represents approximately 7.1% of its reserves, and aims to increase its gold holdings [3][4] Tether's Investment Strategy - Tether's strategy includes acquiring gold, which may elevate its status among the largest gold holders, potentially surpassing some sovereign nations [4] - The company has significant stakes in gold royalty companies, owning over 50% of Elemental Altus Royalties and 4.6% of Metalla Royalty, providing exposure to mining production without operational risks [5] - Tether's recent acquisition of shares in GROY Gold Royalty Corp has raised concerns regarding its ambitions for control, as it increased its stake to over 10% [6][7]

Core Insights - Elixir has suspended support for its synthetic stablecoin deUSD due to the fallout from Stream Finance's $93 million loss, leading to a significant depeg of deUSD to approximately $0.015 [1][3][9] Group 1: Elixir and deUSD - Elixir has processed redemptions for 80% of all deUSD holders, resulting in a depeg of the token [3] - The market cap of deUSD was around $150 million before the crash, and Stream Finance holds about 90% of the remaining supply, valued at roughly $75 million [4] - Elixir is coordinating with other DeFi protocols to compensate affected holders and has disabled withdrawals to prevent liquidation of deUSD [5] Group 2: Stream Finance - Stream Finance revealed a major hit to its balance sheet with $285 million in debt, including $68 million owed to Elixir [3][9] - The XUSD stablecoin, backed by deUSD, crashed 90% to $0.10 following the disclosure of Stream's financial issues [4] - Stream's rapid growth was based on capital-efficient DeFi strategies, but its reliance on external fund managers has raised concerns about transparency and counterparty risk [7] Group 3: Market Reactions - Analysts described the drop in XUSD as a crisis of confidence rather than a technical failure, with no smart contract exploit identified [6] - Social media discussions have intensified concerns regarding Stream's reserves, suggesting a heavily leveraged position with $170 million in assets against $530 million in loans [6] - Balancer also faced a significant exploit, losing over $128 million but managing to recover $19 million [8][9]

Japan's regulator backs joint stablecoin project by three major banks https://t.co/HHj55hs7ZP ...

Market Overview - Solana 上市值排名前五的代币化资产包括 USDC、USDT、PYUSD、USDG 和 BUIDL [1] - 与用户共享经济效益的资产增长速度快于不共享的资产 [1] Asset Classification - USDC 和 USDT 被列为稳定币 [1] - PYUSD、USDG 和 BUIDL 被列为收益币 (yieldcoin) [1]

🗞️ Need to catch up on the news? Here's our top 10 from today:🔸 Robinhood evaluating Bitcoin treasury strategy amid corporate adoption trend.🔹 Circle urged the US Treasury to apply “simple, strong rules” for all stablecoin issuers under the GENIUS Act, calling for equal standards across banks, nonbanks, and foreign entities.🔸 Cathie Wood cut her Bitcoin price target by $300K to $1.2M, saying stablecoins are rapidly replacing BTC as a store of value in emerging markets.🔹 Ray Dalio warns the Fed is inflating ...

🛎️ BREAKING: Stablecoin supply on @ethereum reaches a new all-time high of ~$184.1 billion.The stablecoin chain. https://t.co/vYx97CK92f ...