Tags: DC

CRCL stock has jumped 800% since its June IPO, nearing Coinbase’s $78B market cap; after-hours trading pushed it above $270 per share.

While USDT and USDC continue to dominate the space, more than 10 stablecoins now have over $100 million in circulation.

USDC is now live on the XRP Ledger.

Santiment believes that Plasma’s sale is a marker of maturity in crypto, contrasting today’s investors with the hype-chasers of previous cycles.

BlackRock’s 10% stake and ARK’s $150M order signal institutional embrace despite pending stablecoin regulations in Congress.

Circle announces plans for a US IPO.

a16z and Bain are backing Worldcoin’s AI-proof human verification play with a $135M bet despite unresolved privacy law clashes.

The Sam Altman startup faces rising global scrutiny as Kenya joins Indonesia in clamping down on the company this month.

Crypto markets face a $389 million supply shock this week as projects unlock tokens, with Solayer’s $86 million release leading the deluge.

Indonesian regulators have clamped down on World over license concerns, days after the project rolled out to users in the U.S.

USDC’s exchange reserves hit 14-month high at $6.5B while USDT lags 12% below its peak, potentially signaling shifting market dynamics.

World ID expands beyond verification, adding crypto loans, prediction markets, and even a Visa card for spending WLD tokens in daily life.

World has launched its biometric ID system stateside after years of regulatory hedging and global controversy.

$649B in high-risk stablecoin flows reveals crypto’s dark underbelly, with gambling and fraud accounting for 40% of suspicious transactions.

Aptos’ stablecoin market cap surpassed $1 billion in March, which is a 10x increase year-over-year and 3x growth since December.