Monthly payment volume on crypto-linked debit and credit cards has surged approximately 230% compared to last year, signaling a rapid shift toward using digital assets for everyday transactions. Cumulative transaction volume on these cards reached $7.8 billion this month, according to data from The Kobeissi Letter, a market research publication. The growth is driven by […]
Bitcoin (BTC) demonstrated notable resilience on Thursday, successfully defending the $79,000 level even as a subtle but unusual price discrepancy emerged on one of the largest U.S. exchanges. Data shows Bitcoin trading at a slight discount on Coinbase relative to stablecoin pairs on international platforms like Binance, OKX, and Bybit. While this divergence has raised […]
Tether-backed crypto payments company Oobit has launched its non-custodial payments platform in Colombia, marking its ninth live market in Latin America. The expansion follows recent entries into Brazil, Argentina, and Chile, and signals growing demand for digital asset spending on everyday purchases across the region. Real-world crypto spending gains traction Oobit’s platform allows users to […]
Bitcoin (BTC) traders are positioning for a potential rapid price move toward $90,000 following the upcoming CLARITY Act vote in the U.S. Senate, as onchain data and improving market conditions signal reduced selling pressure. The cryptocurrency has traded near the $80,000 level over the past week, with the 200-day exponential moving average (EMA) serving as […]
France’s Societe Generale has announced that its digital assets subsidiary, Societe Generale-FORGE, will deploy its euro and US dollar-denominated stablecoins on the Canton blockchain network, aiming to support tokenized collateral management, repo financing, and institutional settlement activity. Stablecoins for institutional finance The Paris-based bank plans to use its EUR CoinVertible (EURCV) and USD CoinVertible (USDCV) […]
The Senate Banking Committee is set to consider the CLARITY Act on Thursday, but the long-awaited markup of the crypto market structure bill remains stalled by a dispute over ethics provisions that could determine whether it secures the bipartisan support needed to advance. Democrats hold firm on ethics language Senator Kirsten Gillibrand told Cointelegraph that […]
Circle shares rallied nearly 16% on Monday, closing at $131.76 after the company reported better-than-expected first-quarter earnings and disclosed a $222 million presale of its ARC token. The surge brought the stock closer to Wall Street’s consensus price target of $138.50, as analysts pointed to expanding stablecoin use cases and growing institutional adoption as key […]
Ripple CEO Brad Garlinghouse told a crypto conference on Tuesday that the CLARITY Act market structure bill is not a done deal, even after a recent stablecoin compromise. Speaking at the Consensus event in Miami, he said the next two weeks will decide its fate. CLARITY Act Market Structure Bill Faces Tight Timeline Garlinghouse warned […]
The Tennessee Bankers Association (TBA) has officially named Stablecore as a preferred digital asset provider. This decision gives regional lenders access to infrastructure for stablecoins, tokenized deposits, and crypto-backed lending without building systems in-house. The move signals a wider trend of bank adoption of digital asset technology. Stablecore: A Preferred Digital Asset Provider for Tennessee […]
Polygon has delivered its first block time reduction upgrade since the network’s genesis, lowering the average time between blocks by 250 milliseconds to 1.75 seconds. The move is part of a broader push to position the layer-2 network for high-frequency applications, particularly private stablecoin payments and institutional settlement infrastructure. Faster blocks, higher throughput Data from […]
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