July 8, 2025 | 23:57
July 8, 2025 | 21:34
July 7, 2025 | 19:01
July 4, 2025 | 10:08
Despite Bitcoin’s stagnation and altcoin volatility, stablecoins are thriving, with ERC-20 stablecoin supply reaching a record $121 billion. Analysts like Darkfost note this surge reflects growing demand and liquidity, even as other crypto sectors lag. Stablecoins, pegged to fiat currencies like the US dollar (e.g., USDC, USDT, DAI), serve as a bridge between TradFi and DeFi, offering stability and utility. Circle’s successful IPO—with shares soaring 167% on debut—further validates the stablecoin model. Stablecoin dominance currently sits at 7.90%, indicating balanced market sentiment. If supply continues rising, it could signal renewed risk appetite and catalyze the next crypto bull phase.
read more
70 posts last week
Stablecoin Issuers Hold $182B in US Treasuries, Rank 17th Globally
Four US-dollar stablecoin issuers—Tether, Circle, First Digital, and Paxos—collectively hold $182 billion in US Treasury bills, a sum surpassing the reserves of countries like South Korea and the UAE. Tether dominates with over $125 billion in Treasuries, while Circle’s USDC reserves include $55.2 billion in T-bills and repos. Stablecoin issuers favor short-dated government debt for its liquidity and 5%+ yields, with Tether attributing $1 billion in Q1 profit partly to this strategy. Regulatory proposals like the US GENIUS Act and EU’s MiCA could formalize requirements for stablecoin reserves to be held in cash or Treasuries, aligning with current industry practices but limiting diversification. Issuers argue this model supports US debt demand while ensuring liquidity during market stress.
read moreTether Holds $8B in Gold, Matching UBS Exposure
Tether CEO Paolo Ardoino revealed the firm holds $8 billion in gold stored in a highly secure Swiss vault, accounting for 5% of its $112 billion reserves. This positions Tether among the world’s top private gold holders, with its USDT stablecoin reaching a $159 billion market cap. However, regulatory challenges loom as US and EU proposals like MiCA may force Tether to liquidate gold-backed reserves if seeking licenses in those jurisdictions. Meanwhile, Tether’s gold-backed token XAUT remains viable, backed by 7.7 tons of gold. Ardoino highlighted gold’s appeal amid geopolitical tensions and central bank buying sprees, though regulators remain skeptical about metal-heavy reserves impacting liquidity.
read moreReserveOne to List on Nasdaq via $1B M3-Brigade Merger
ReserveOne will debut on Nasdaq via a $1 billion business combination with M3-Brigade Acquisition V, a SPAC. The firm aims to accumulate Bitcoin, Ethereum, and Solana while engaging in staking, lending, and venture capital investments. Backed by strategic investors, the deal includes $298 million in trust capital and $750 million in committed funding, with closure expected in Q4 2024. ReserveOne will collaborate with Galaxy Digital, Kraken, and FalconX for asset security and activation. Led by former Hut 8 CEO Jaime Leverton, the company’s board includes ex-U.S. Treasury Secretary Wilbur Ross and executives from Binance and Coinbase. Coinbase will serve as custodian, while ReserveOne’s shares will trade under the ticker ‘RONE.’ M3-Brigade’s stock (MBAV) dipped 7% following the announcement.
read moreFalcon USD Loses Peg Amid Liquidity & Collateral Concerns
Falcon USD (USDf), an overcollateralized stablecoin issued by Falcon Finance, fell below its $1 peg on Tuesday, reaching as low as $0.9783 amid declining liquidity and concerns over collateral quality. Unlike fiat-backed stablecoins like USDC or USDT, USDf is minted by locking up volatile digital assets, raising doubts about its stability. Blockchain data shows onchain liquidity has dropped to $5.51 million, while industry experts, including Obchakevich Research founder Alex Obchakevich, warn of eroding investor confidence due to governance and collateral rumors.
read moreWhale Sell-Off Triggers FARTCOIN Price Drop: What’s Next?
A whale wallet sold 1.459 million FARTCOIN for $1.57 million on Binance, booking a $963,000 profit from a three-month-old position. The sale coincided with a 7.38% price drop, though it’s unclear if it directly caused the decline. FARTCOIN is now consolidating near a critical $1.087 support level, with analysts warning of a potential drop to $0.95 if this breaks. Technical indicators like RSI (49.18) and MACD show neutral momentum, while futures open interest surged to $755.84 million alongside a 51.92% volume spike, suggesting building volatility. Traders are watching the $1.21 resistance level for a potential breakout signal.
read moreHuione Moved $1B in USDT Post-FinCEN Crackdown
Since FinCEN designated Huione as a primary money laundering concern under the PATRIOT Act on May 1, wallets linked to the group have moved $10.13 billion in USDT on Tron and $219 million on Ethereum, with $942.9 million ultimately flowing into CEXs. Despite claims of Huione’s illicit marketplace being shut down, forensic experts remain divided on the extent of its operations. Global Ledger’s exclusive data shared with Cointelegraph highlights the continued movement of funds, raising concerns about regulatory enforcement gaps in crypto transactions.
read moreTON Foundation Partners with Crypto.com for Institutional Custody
The TON Foundation has announced a strategic partnership with Crypto.com to provide institutional custody solutions for Toncoin (TON). This collaboration allows users to stake TON securely while accessing Jettons—fungible tokens for DeFi, gaming, and other applications within the TON ecosystem. The integration also supports USDT and future stablecoins, further expanding TON’s utility. Despite the partnership, Toncoin’s price remained stable at around $2.77, unaffected by recent market fluctuations. The TON Foundation, a Swiss-based nonprofit, continues to drive adoption through initiatives like its Champions Grants program, reinforcing its mission for a decentralized future.
read moreTRON Surges with High-Profile Projects & Bullish TRX Price
TRON (TRX) is experiencing significant growth, attracting major projects such as Plume’s SkyLink, which focuses on tokenized U.S. Treasuries and private credit, and a Trump-themed meme coin via LayerZero. The blockchain has recorded 13 billion lifetime transactions, surpassing Ethereum in on-chain activity, with over 21 billion weekly USDT transfers—nearly triple Ethereum’s volume. TRON’s low transaction costs and fast settlement make it a strong competitor, especially for stablecoin usage and high-frequency transactions. Meanwhile, TRX is trading at $0.2863, displaying a bullish pattern, with potential for a breakout above $0.2895 to reach $0.30. The network’s efficiency and expanding ecosystem position it as a key player in DeFi and tokenized finance.
read moreChina Warns Public on Stablecoin Scams Amid Rising Abuse
Officials in Shenzhen have cautioned the public about the rising misuse of stablecoins, warning of scams involving ‘financial freedom’ and ‘digital wealth’ promises. China’s government highlighted how bad actors exploit stablecoin hype to conduct illegal activities like fraud and money laundering. Despite a ban on cryptocurrency trading and mining, stablecoins remain a focal point, with global adoption growing—Tether (USDT) and Circle’s USDC dominate the market. Meanwhile, China’s own CBDC plans progress, even as regulators crack down on illicit stablecoin schemes.
read more