DeFi protocol Solstice Finance has announced strategic partnerships with data provider Chainlink and custody firms Ceffu and Copper. The collaborations are intended to support the upcoming launch of USX, a new stablecoin built on the Solana network. According to a press release published on Sept. 24, Solstice will integrate Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This service is designed to allow the USX stablecoin to be transferred securely across different blockchains. Stablecoin innov ...

RT Token Terminal 📊 (@tokenterminal)🧗 Stablecoin **usage** is going vertical.🪙 Stablecoin supply is at an all-time high of ~$283.2 billion.👥 Monthly stablecoin senders are at an all-time high of ~25.2 million. https://t.co/Ol3GmMpeEk ...

Coinbase leads $14.6 million round in Bastion as firm leans into stablecoin infrastructure https://t.co/YqOy1MT78f ...

🏦 #TETHER EYES $500B VALUATION IN NEW CAPITAL RAISEThe stablecoin giant is looking to expand heavily in the U.S. market. Could this redefine stablecoin competition? ...

Hyperliquid’s highly anticipated USDH stablecoin has gone live, after the newly formed firm Native Markets won the ticker bid last week. Native Markets claimed that over $15 million worth of the stablecoin was pre-minted in the 24 hours before it went live on Wednesday. Earlier this month, Hyperliquid opened proposals to take over the USDH ticker on the network. As a result, a stream of crypto companies put their hats in the ring, including the likes of Paxos, Agora, and Ethena—the last of those with backin ...

RT Crypto.com Research & Insights (@cryptocom_rni)DeFi+L1L2 Update:📈 RWA market surpassed $30B, marking a 93% YTD increase⛓️ Ethereum's Fusaka upgrade was scheduled for December with 12 EIPs included🪙 PayPal is expanding its PYUSD stablecoin to eight new blockchainsFull details 👇https://t.co/fgF09XCIUo https://t.co/2VCJsBCRk3 ...

🚨 LATEST: Stablecoin Market Cap just hit a new ATH of $291B. https://t.co/JUGbCaIAva ...

RT BSCN (@BSCNews)TETHER EYES $500B VALUATION WITH RECORD RAISE- Tether Holdings is in talks to raise between $15B and $20B for a 3% equity stake, a deal that could value the firm near $500 million, per Bloomberg.- The proposed private placement, led by Cantor Fitzgerald, would issue new equity rather than secondary shares. Bloomberg reported that the talks remain early and the final figure could be lower.- A $500B valuation would place Tether alongside OpenAI and SpaceX, a rare milestone for a crypto compa ...

Hyperliquid's very own stablecoin USDHL, developed by Native Markets, debuted Wednesday, generating over $2 million in early volume. As of writing, the Hyperliquid-listed USDH/USDC pair traded at 1.001, with a total trading volume of 2,244,932.79 USDC. Last week, the Hyperliquid validator community selected Native Markets to receive the USDH ticker following a lengthy bidding war that saw proposals from Paxos, Ethena, Frax, and others. The dollar-pegged stablecoin is issued natively on HyperEVM and is b ...

Tether's could reach a $500 billion valuation. | Credit: Credit: Getty Images. Key Takeaways Tether could be valued at around $500 billion following the planned raise. Tether’s USDT is the leading stablecoin with a market cap of over $173 billion. The firm is launching a U.S.-compliant stablecoin that targets American businesses and institutions. Leading stablecoin issuer Tether (USDT) is planning to raise up to $20 billion through a private placement deal to boost its existing and new business op ...