RT BSCN (@BSCNews)🚨TRUMP-LINKED WLFI PROPOSES USING 5% OF TREASURY TO GROW USD1!The project wants to deploy WLFI tokens to expand its stablecoin. What to know 👇https://t.co/Kv70WO4KER ...

RT stacks.btc (@Stacks)USDCx on Stacks is now live.A USDC-backed stablecoin is now available via @Circle xReserve, enabling full interoperability between Circle's multichain ecosystem and Bitcoin's leading L2.Bitcoin just got a Tier 1 stablecoin 🟠 https://t.co/fOPx8Ziomu ...

Core Insights - SoFi Technologies is set to launch its own stablecoin, SoFiUSD, as part of its re-entry into the cryptocurrency market [1][2] - The stablecoin will be issued by SoFi Bank and aims to position the company as an infrastructure provider for banks and fintechs [1][2] Group 1: Stablecoin Details - SoFi is among the first national banks to issue a stablecoin on a public, permissionless blockchain, following conditional approval from the Office of the Comptroller of the Currency [2] - The stablecoin will initially debut on the Ethereum network, with plans to expand to multiple blockchains for global availability [3] - SoFiUSD will be fully backed by cash, allowing for immediate redemption capability, and aims to provide an attractive yield to holders and partners [4] Group 2: Use Cases and Market Position - The stablecoin will play a crucial role in SoFi's crypto trading business and can be utilized by businesses for cheaper and faster fund transfers, including remittances and payments [5] - SoFi's infrastructure will enable companies to issue white-labeled stablecoins, potentially leading to a variety of branded stablecoins in the market [6] - SoFi's stock price has increased by 75% over the past six months, trading around $25 [6]

Core Insights - Coinbase has launched a new service allowing clients to create custom-branded stablecoins, directly competing with Paxos in the white-label stablecoin market [1][5][7] Group 1: Coinbase's New Offering - The new stablecoin solution is not initially targeted at enterprise-level clients, focusing instead on smaller fintech companies like Flipcash, Solflare, and R2 [5] - Coinbase's historical partnership with Circle for USDC positions it well in the stablecoin distribution market [6] Group 2: Competitive Landscape - Paxos previously partnered with Binance to create BUSD, which became a significant player in the stablecoin market before being phased out [3] - Paxos has since secured a partnership with PayPal, leveraging its trust charter to enhance credibility [3][4] Group 3: Regulatory Environment - The passage of the GENIUS Act has shifted stablecoin oversight from New York to federal authorities, potentially benefiting Coinbase due to its established regulatory framework and presence in Washington [8]

$U by @UTechStables is now live on BNB Chain.As a first-of-its-kind stablecoin, $U unifies all major stablecoins into a single liquidity layer across trading, payments, DeFi, institutional settlement and AI-native systems.This enables greater capital efficiency and a smoother user experience across onchain use cases.More on why this matters 🧵👇 ...

United Stables ($U) is available for trading on Binance Wallet.@UTechStables is a BNB Chain-native stablecoin project, also deployed on Ethereum, focused on unifying stablecoin liquidity.Trade $U on BSC and ETH with ease today ⬇️https://t.co/L3MngNQ56j https://t.co/UcQStcIRMR ...

Market Trends & Protocol Performance - Ethena is trading 20 cents below the $0.29 institutions paid in September's data round [1] - Protocol generates $365 million annually at a 4.3x price-to-sales (P/S) ratio [1] - Jupiter is launching JUPUSD next week, backed by USDE to 5 million users [1] - Hyena on Hyperliquid reached $130 million in volume within 4 days [1] Stablecoin & Funding - MegaETH is using USDE for their L1 stablecoin [1] - Berachain's Honey is 100% backed by USDE [1] - Funding rates are turning positive again [1] Institutional Investment - Institutions typically do not buy 45% above spot price only to lose money [1]

RT BSCN (@BSCNews)🚨TRUMP-LINKED WLFI PROPOSES USING 5% OF TREASURY TO GROW USD1!The project wants to deploy WLFI tokens to expand its stablecoin. What to know 👇https://t.co/Kv70WO4KER ...

Michael Saylor: The U.S. Dollar Is the Biggest Winner in the Stablecoin WaveStrategy co-founder Michael Saylor told CNBC on Nov. 29 that stablecoins and Bitcoin are in “completely different lanes.” He said stablecoins compete with Visa, Mastercard, and the traditional banking system, with the U.S. dollar poised to be the biggest winner as stablecoins expand globally. By contrast, he described Bitcoin as “digital capital” focused on long-term value storage, competing with gold, real estate, public equities, ...

Core Insights - SoFi Bank has launched its own stablecoin, SoFiUSD, on the public blockchain, fulfilling previous plans to integrate cryptocurrency into its services [1][2] Company Developments - The launch of SoFiUSD allows SoFi to offer its stablecoin infrastructure to other banks and fintechs, enabling them to white-label SoFi's stablecoin, which will be interchangeable with SoFiUSD [3] - CEO Anthony Noto emphasized that blockchain represents a transformative technology for finance, stating that SoFi is leveraging its decade-long infrastructure to address real-world financial challenges [4] Industry Context - SoFi claims to be the first national bank to launch a stablecoin on the public blockchain, distinguishing itself from other banks like JPMorgan Chase and Société Générale, which have launched private stablecoins [6] - The recent passing of the Genius Act has prompted other banks, including Citi and PNC, to explore stablecoin issuance through partnerships with Coinbase's crypto-as-a-service arm [7] - The Federal Deposit Insurance Corp. (FDIC) is moving to implement rules for banks to issue payment stablecoins, acknowledging uncertainty about how many banks will pursue this opportunity [8][9]