Stable Coins

Stripe’s blockchain project, Tempo, raised $500 million in a Series A round led by Greenoaks and Thrive Capital, valuing the payments-focused network at $5 billion, according to Fortune.  Sequoia Capital, Ribbit Capital and Ron Conway’s […]

Three of Japan’s largest banks reportedly plan to jointly issue a yen-pegged stablecoin, contributing to the region’s growing adoption of crypto technology within its financial infrastructure.  Nikkei reported on Friday that Mitsubishi UFJ Financial Group […]

BlackRock has redesigned one of its flagship money market funds to meet new US stablecoin rules. The $13.5 trillion asset manager said the revamped fund, called the BlackRock Select Treasury Based Liquidity Fund (BSTBL), will […]

The recent crash on Oct. 10 was the largest liquidation event in the crypto market’s history. More than $19 B was liquidated, according to CoinGlass data, leading to a $65 B decline in open interest. […]