Stablecoins

Tether purchased $33.1 billion in U.S. Treasury securities, becoming the seventh-largest holder of U.S. government debt. This move strengthens the stability of its USDT stablecoin and highlights its growing role in both digital and traditional finance.

President Donald Trump will speak at the Digital Asset Summit in New York on 20 March, the first time a US president has addressed a crypto conference. His stance on regulation could have major market implications.

Crypto entrepreneurs David Zhang and Giulio Xiloyannis have revealed they were targeted by hackers, raising concerns about growing cybersecurity threats in the industry.

MGX invested $2 billion in Binance, marking the crypto exchange’s first institutional deal, and the investment was made entirely in stablecoins. This deal strengthens Binance’s presence in the UAE, positioning the country as a growing hub for digital assets and blockchain technology.

Onchain data shows a trader lost $733,000 in USDC for just $19,000 in USDT due to a sandwich attack, sparking money laundering suspicions.

Trump’s White House crypto summit disappointed investors, offering only vague promises on stablecoin legislation and regulation instead of major policy shifts. Could his presidency threaten the future of digital assets?

Following Trump's announcement to include President Trump's announcement to include Cardano and XRP as part of the Crypto Strategic Reserve, many has been questioning Trump's selection of cryptocurrency to build the country's reserves.

PayPal is expanding its PYUSD stablecoin to 20 million small and medium-sized merchants for payments and bill payments, aiming to simplify cross-border transactions. The company is also integrating PYUSD into its global payment service, Hyperwallet, to further drive adoption and support international business.

Metro Singapore has teamed up with dtcpay to enable stablecoin payments for online and in-store purchases at Metro Paragon and Metro Woodlands, supporting USDT, USDC, FDUSD, and WUSD.

Bank of America plans to launch a USD-backed stablecoin once US lawmakers approve the regulatory framework. The move could bring stablecoins into mainstream consumer banking, increasing competition among major financial institutions.