Stablecoins

Coinbase (NASDAQ:COIN) CEO Brian Armstrong said Bitcoin (CRYPTO: BTC) may emerge as the world's new reserve currency, pointing to mounting global deficits and rising economic uncertainty as catalysts for a shift away from fiat systems. Armstrong said that Bitcoin could evolve into the world’s...

Treasury Secretary Scott Bessent said Wednesday that dollar-pegged stablecoins could reach a market capitalization of $2 trillion and beyond as the stablecoin bill advanced in the Senate. What happened: During a testimony before the Senate Appropriations Committee, Bessent underscored the Trump...

Analysts at Bernstein say that Ethereum (CRYPTO: ETH) is emerging as the foundational layer for real-world financial applications such as stablecoins and tokenization and developments that signal a turning point for public blockchain utility and value. In their latest note, Bernstein analysts wrote...

Tarun Anand, KPMG’s Blockchain and Digital Asset Consultant, said stablecoins, real-world asset tokenization and decentralized physical infrastructure networks will be the key cryptocurrency narratives to watch out for in the next few years. What Happened: In an exclusive chat with Benzinga...

Stablecoin issuer Circle Internet Group, Inc. (NYSE:CRCL) shares are climbing again Friday after the stock soared on its first day of trading on Thursday. The stock opened at around $69 and soared as high as $100 during the session, closing at $83.23, for a 168% gain from the IPO price.  What To...

Circle (CRYPTO: USDC) made a powerful entrance onto the New York Stock Exchange on Thursday, with shares of the stablecoin issuer (NYSE:CRCL) opening at $69, more than double its $31 IPO price. The company raised approximately $1.1 billion through the sale of 34 million shares, securing a valuation...

Ripple's (CRYPTO: XRP) U.S. dollar-backed stablecoin RLUSD has received regulatory approval from the Dubai Financial Services Authority (DFSA), allowing it to be used as a legal payment mechanism within the Dubai International Financial Centre (DIFC). This marks a significant expansion of Ripple's...

Pantera Capital has highlighted Digital Asset Treasury (DAT) companies as the next evolution in crypto market exposure, potentially outperforming direct spot Bitcoin (CRYPTO: BTC) purchases over time. What Happened: These publicly listed firms, which include pioneers like Strategy Inc. (NASDAQ:MSTR...

Circle Internet Financial is pushing forward with its public listing plans, now targeting a valuation of $7.2 billion as it gears up for an initial public offering. What Happened: The company announced an increased offering size, reflecting heightened investor interest, with expectations of raising...

Canadian cryptocurrency company VirgoCX is entering a phase of growth and working on providing stablecoin solutions for people around the world. Stablecoin Solutions: In an exclusive interview with Benzinga at Consensus 2025, VirgoCX CEO Adam Cai shared how his company is growing from offering...

BIMA, a Bitcoin (CRYPTO: BTC)-native DeFi platform, has partnered with exSat Network to advance the use of Bitcoin in decentralized finance. The collaboration kicks off with an initial $100 million deployment, equivalent to 1,000 BTC, towards enabling permissionless yield strategies. The two...

BlackRock (NASDAQ:BLK) is planning to purchase roughly 10% of the shares to be issued in Circle Internet Group‘s upcoming initial public offering, according to a report. What Happened: The IPO, led by stablecoin issuer Circle (CRYPTO: USDC) and key shareholders including CEO Jeremy Allaire,...

Circle, the company behind the USDC (CRYPTO: USDC) stablecoin, is planning to raise up to $600 million through its upcoming initial public offering (IPO), according to an update submitted to the U.S. Securities and Exchange Commission. This move positions Circle to go public on the New York Stock...

Treasury Secretary Scott Bessent predicted Friday that stablecoins will unlock trillions of dollars in demand for U.S. treasuries in the near future. What Happened: During an interview with Bloomberg Television, Bessent was asked about the impact stablecoins could have on the...

Dan Morehead, founder and CEO of Pantera Capital on Friday said the crypto industry is poised to see a surge of public offerings, with companies like Circle (CRYPTO: USDC) and Figure among those preparing to go public in the coming months. What Happened: His comments come amid what he described as...