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Friday’s crash wiped half a trillion dollars off the crypto industry’s total market cap. With prices in freefall, traders with leveraged positions suffered over $19 billion in liquidations. During the chaos, sparked by Donald Trump’s renewed enthusiasm for threatening China with tariffs, Ethena’s “synthetic dollar” USDe appeared to depeg to just $0.65… on Binance, at least. #PeckShieldAlert $USDe has depegged, falling to ~$0.65 against $USDT. pic.twitter.com/V1dxywAhFf — PeckShieldAlert (@PeckShieldAlert) October 11, 2025 Read more: Ethena offers 27% on stablecoins but where is the yield coming from? USDe, and its yield-bearing counterpart sUSDe, prop up vast amounts of leverage, both on centralized exchanges and on-chain protocols. Stablecoin giants Tether and Circle back USDT and USDC 1:1 with “real-world” assets such as cash and US treasury bonds. USDe, meanwhile, is collateralized by delta-neutral positions of crypto-assets. In response t...

Transak has added support for Global Dollar (USDG), the new U.S. dollar-backed stablecoin issued by Paxos Digital Singapore and Paxos Issuance Europe, according to an announcement on September 22. The move makes compliant, audit-backed digital dollars accessible to over 10 million users worldwide through Transak’s fiat-to-crypto infrastructure. USDG powers the Global Dollar Network and is backed one-to-one with U.S. dollar reserves, primarily in high-quality liquid assets such as U.S. Treasuries.  Paxos Digital Singapore, the issuer, holds a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS), while Paxos Issuance Europe is regulated by Finland’s Financial Supervisory Authority (FIN-FSA). Expanding global stablecoin access With the integration, Transak becomes one of the first fiat on-ramps to directly offer USDG. Users can purchase the stablecoin through bank transfers, credit and debit cards, Google Pay, Apple Pay, and othe...

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Bank of America (BAC) expects to launch its own stablecoin, following in the footsteps of JPMorgan and Citigroup. The bank’s CEO, Brian Moynihan, spoke about the development on Wednesday but did not give a timeline on the potential stablecoin launch. JUST IN: Bank of America expects to launch a crypto stablecoin, Reuters reports. — Watcher.Guru (@WatcherGuru) July 16, 2025 “We feel both the industry and ourselves will have responses. We’ve done a lot of work,” the CEO of Bank of America said today on a post-earnings call. “We are still trying to figure out how big or small it is, because in some places there are not big amounts of money movement. So you would expect us all to move, our company to move on that.” Moynihan said Bank of America is still trying to understand client demand for a BofA stablecoin and would roll out a stablecoin at an appropriate time, likely in partnership with other players. The stablecoin industry has been receiving ...

On June 18, Tether minted $1 billion worth of USDT on the Tron blockchain, according to on-chain data from Arkham Intelligence.  Historically, such minting events have coincided with short‑term surges in Bitcoin (BTC). Notably, on May  21, when Tether issued $2  billion USDT, the next day BTC broke its previous all‑time high, climbing past $111,000.  While minting alone doesn’t guarantee immediate impact, the available on-chain data reveals that major spikes in USDT supply often translate into large inflows to exchanges.  Bitcoin price after USDT mint. Source: @Lookonchain  How will the mint affect Bitcoin price Research suggests that Bitcoin often reacts positively in the short term following large Tether mints, particularly when on-chain alert accounts like Whale Alert publicly flag the transactions. An article by Dr. Aman Saggu in Blockchain Research Lab found that Bitcoin tends to rise 0.4–0.8% within 5 to 30 minutes after a USDT mint. The resp...

The company behind the largest stablecoin by market cap raked in substantial gains in the first quarter of 2025. In a statement issued following the publication of its Q1 2025 attestation, Tether says it generated over $1 billion in operating profit from traditional investments between January and March this year. The stablecoin issuer credits the impressive returns to the solid performance in its U.S. Treasury portfolio. Tether says gold also nearly offset the volatility in the crypto markets. The company’s Q1 2025 financial report shows that it has $98.5 billion in U.S. Treasury bills, around $6.3 billion in money market funds and $15 billion in overnight reverse purchase agreements. “In a quarter marked by market turbulence, Tether delivered record-breaking results that further underscore the company’s financial strength and growing global relevance. [Tether] reached an all-time high of total exposure in U.S. Treasuries approaching $120 billion, includin...

Ripple (XRP) is currently one of the leading crypto tokens existing in the space. The fact that the token has won over a scrutinizing legal war against the US SEC speaks volumes about its resilience, which has now evolved into a broad spectrum of offerings that Ripple is proudly boasting of. For instance, Ripple is already causing waves of change in the stablecoin domain after launching RLUSD. With the Trump administration pivoting towards stablecoins to establish global dominance, Ripple is currently standing on the precipice of a massive change. Will all these developments catapult XRP to touch new highs? Let’s find out. Also Read: GTA 6 Leak: Smarter Cops, 2025 Release, Map Takedown & Trailer Hype! Ripple Taking Over The World Source: Bitcoin News Ripple (XRP) is no ordinary cryptocurrency and has lately been taking the market by storm. The fact that the token had already launched its stablecoin way before US President Trump floated the idea of stablecoin playing a crucial role...

The Bitcoin reserve stablecoin bill, unveiled today by White House Crypto Czar David Sacks, represents a transformative approach to U.S. cryptocurrency regulation. The comprehensive legislation tackles cryptocurrency market volatility through enhanced stablecoin regulation while establishing a groundbreaking Bitcoin reserve system to strengthen digital asset markets. Also Read: De-Dollarization: Will Trump’s “100% Tariffs” Save The US Dollar? How David Sacks’ Bitcoin Reserve Stablecoin Bill Tackles Market Volatility & Security Risks Source: CNBC YouTube Channel Strategic Bitcoin Reserve Implementation Source: Watcher Guru The Bitcoin reserve stablecoin bill, launching with some serious momentum, has authorized fifteen states to make Bitcoin a strategic reserve asset. Multiple federal regulators have designed the initiative to tackle numerous cryptocurrency security risks, while building several crucial foundations for digital asset markets. The newly formed Digital Assets Working ...

Solana shows signs of recovery following its recent network outage, with a significant increase in stablecoin activity. Data from DefiLlama reveals that more than $3 billion was added to Solana’s stablecoin reserves in just four days, bringing the total to nearly $10 billion. This rapid growth highlights Solana’s scalability and growing popularity, particularly with the rise of meme coins associated with notable figures like Donald Trump. The blockchain’s capability to process high transaction volumes efficiently has made it a preferred choice for developers and traders. In light of the positive crypto market wave, this article outlines other affordable tokens, particularly the best altcoins to watch today. 5 Best Altcoins To Watch Today Pendle (PENDLE) is currently valued at $3.69, showing a slight increase of 0.73% over the last day. Meanwhile, THORChain (RUNE) continues highlighting its functionality and robustness within the cryptocurrency sector. The Movement N...

The native token of a decentralized fiat stablecoin-issuing platform is rallying against the dipping crypto markets. Two days ago, the world’s largest crypto exchange by trading volume, Binance, added support for Usual Protocol (USUAL). “Binance is excited to announce that Usual (USUAL) will be added to Binance Simple Earn, Buy Crypto, Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures at the respective dates and timings listed below.” According to a post on the social media platform X from Usual in response to the Binance listing, the team says the protocol aims to usher in a “stablecoin renaissance”. “9 0% for the Community: Usual is built to empower, with the majority of tokens for users. No VC (venture capital)/Team Dumps: Just 10% allocated to insiders, cliffed for one year. 100% Revenue for the DAO (decentralized autonomous organization): Every $ of revenue belongs to USUAL holders” Accordi...

Shiba Inu is one of the most promising cryptocurrency tokens in space. SHIB is currently sitting at a new price spot of $0.00002678, hoping to gain further price momentum as Bitcoin rises and soars high on the radar to help the altcoin market secure spectacular price gains. Amid it, will SHIB be able to secure a noteworthy price high soon? Also Read: Walmart is Yahoo’s Company of the Year: What’s It’s Stock Future? Shiba Inu: Token To Gain A New Price Momentum Soon? Source: Watcher Guru Shiba Inu is currently sitting at $0.00002678, noting a slight downtick of 2% in the last 24 hours. The token has noted an uptick of 1.55% in the last week, followed by the token documenting an 11% hike in its price from the last month. At the same time, Bitcoin is trying incredibly hard to breach the $107K price spot, which can be particularly lucrative for the altcoins, including Shiba Inu. “Bitcoin continues to break records, now eclipsing a $107.1K market value for a new all-time high! The amount of...

Ripple (XRP) is one of the leading crypto tokens that has lately been carving its independent price trajectory. The token is gearing up to launch its stablecoin while inviting a massive user influx, making it one of the trending crypto tokens to explore. Here’s how high XRP may surge this weekend as the token gains immense value and attention. Also Read: Cryptocurrency: Top 3 Coins That Tron Founder Justin Sun Owns The Ripple Ecosystem: What’s Happening Source – Ajaib Kripto XRP is currently one of the most noteworthy tokens to explore at the moment. Ripple is all set to launch its own stablecoin, RLUSD, a credible development that has been gaining steady traction as of late. The token is also expected to recover its lost valuations as the US political domain considers a dramatic shift by appointing a pro-crypto Paul Atkins as the new SEC chair. The change in the US political regime is crucial for XRP, as it could lead the token to finally end its yearlong spat with th...