Morning Minute: Stablecoins Are Eating Everything
Huge headlines from Stripe and Meta have stablecoins squarely back in the forefront of the crypto discussion.
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Huge headlines from Stripe and Meta have stablecoins squarely back in the forefront of the crypto discussion.
The issuer of the USDC stablecoin posted EPS of $0.43 in its fourth-quarter earnings report on Wednesday, beating the consensus estimate of $0.35.
The $61 million USDT seizure in North Carolina shows how US authorities can trace and freeze stablecoin flows tied to pig butchering scams, as AI‑driven impersonation schemes surge.
Growth of tether and other top stablecoins has stalled, posing risk to the broader crypto market.
Hong Kong will build a digital asset platform for tokenized bond issuance and settlement, while moving ahead with stablecoin licensing and CARF.
Financial Secretary Paul Chan said the first licenses for fiat-referenced stablecoin issuers are expected to be approved in March.
The proposal would cap stablecoin holdings and curb yields, a move critics say could push liquidity overseas as stablecoins become a core revenue stream.
The deal could combine two major payments firms already expanding into stablecoin and crypto infrastructure.
Bloomberg reported that Stripe — which has growing stablecoin and blockchain ambitions — is exploring a deal for the embattled fintech.
MoonPay debuts infrastructure enabling AI agents to transact with stablecoins onchain as both crypto and non-crypto companies race to build the “agent economy.”
Payments giant Stripe made a tender offer valuing the firm at $159 billion as payments and stablecoin volumes rise.
TruStage and Block Time Financial are collaborating on a dollar-pegged stablecoin pilot geared for U.S. credit unions.