Court Freezes $57M USDC in LIBRA Case: On-Chain Data Confirms
Nearly $57.65 million in USDC has been frozen following a court order in the LIBRA memecoin lawsuit.
Won-Based Stablecoin Proposal by South Korea’s Democratic Leader Targets Capital Outflows
Lee Jae-myung, leader of South Korea’s Democratic Party, has recommended creating a stablecoin tied to the Korean won to tackle capital outflows and reinforce national financial sovereignty.
US Senate Moves Forward with Genius Bill
On Monday, the Senate successfully moved forward with a major cryptocurrency regulation bill in a bipartisan effort, overcoming a recent blockade by Senate Democrats.
Northern Mariana Islands Senate Votes to Override Governor Veto of Stablecoin Bill
The Northern Mariana Islands Senate has overridden Governor Arnold Palacios’ veto of a stablecoin bill, enabling the Tinian local government to issue licenses to internet casinos and manage a “Tinian Stable Token.”
Meta in Talks to Integrate Stablecoin Payments
Meta is reportedly in discussions with crypto firms to explore the use of stablecoins for global payments, according to five sources.
Tether Reports $1B Q1 Profit
Tether reported over $1 billion in operating profit for the first quarter of 2025, fueled by strong returns on its US Treasury investments.
Mastercard to Allow Merchants to Accept Stablecoin Payments
Mastercard is expanding its payment options to include stablecoins, enabling consumers to use these digital assets for transactions.
