Stable Coins

Stablecoin supply fell by $14.2 billion over 30 days, the biggest drop since June 2022, according to Glassnode. Key points: The total supply of stablecoins fell by $14.2 billion over the 30 days to Nov. […]

UK-based digital bank Griffin raised $20 million in a Series B round led by Octagon Partners, valuing the company at over $100 million. The funding will support Griffin’s plans to expand into card issuance and […]

Thailand’s securities regulator has proposed capping daily stablecoin deposits and withdrawals at 5 million baht ($148,000) each per customer at regulated crypto operators. The limit would apply separately to deposits and withdrawals at each operator, […]

The collapse of Paraguay’s digital lender Ueno Bank last week left nearly three million customers — roughly 60% of Paraguay’s adults — unable to access their accounts. Paraguay’s Central Bank placed Ueno into resolution on […]