Stablecoins
Abracadabra blames hacks for shutdown amid ‘looting’ claims
DeFi protocol Abracadabra has proposed an « orderly wind down », blaming a series of security incidents that left its Magic Internet Money (MIM)...
Stablecoins
Stablecoin cards enter ‘hyper growth’ mode as monthly spending hits record $1.17 billion
Stablecoin card spending hit a record $1.17 billion in September, with average transaction sizes rising despite a slight decline in transaction counts. Base blockchain...
Stablecoins
Securitize joins the OUSD stablecoin network as a partner
Securitize, a tokenization platform managing over $4 billion in assets, has joined the Open USD (OUSD) stablecoin network as a partner. The company, which...
Stablecoins
Open Standard launches OUSD stablecoin backed by Coinbase, Stripe, Visa, and Mastercard
Open Standard has launched its OUSD stablecoin across Ethereum, Solana, Base and Tempo blockchains. Coinbase, Mastercard, Shopify, Stripe and Visa have joined as five...
Stablecoins
Stripe makes Open USD its default stablecoin for business payments
Stripe has made Open USD (OUSD) its default stablecoin for businesses using stablecoin payments on its platform. OUSD comes from Open Standard, a consortium...
Stablecoins
Illinois details its 0.2% crypto tax—What it means for DeFi and stablecoins
Illinois has released draft rules outlining how its 0.2% crypto tax will apply, set to take effect on January 1, 2027. The tax will...
Stablecoins
Bank-backed AllUnity launches MiCA-compliant US dollar stablecoin USDAU
AllUnity, a bank-backed payments infrastructure provider, has launched USDAU, a fully reserved US dollar stablecoin with segregated reserves and 1:1 redeemability. The token is...
Stablecoins
Allium powers Bloomberg’s new RWAS function for stablecoin tracking
Allium, an enterprise blockchain analytics platform, has launched RWAS, a new function on Bloomberg terminals for tracking stablecoin activity across more than 150 blockchains....