China bans crypto, but stablecoin wallets rise 43-fold

China bans crypto, but stablecoin wallets rise 43-fold
🚨 #BofA Raises Coinbase Target
Bank of America raised its $COIN price target from $174 to $203 and maintained a Buy rating, citing potential #stablecoin revenue growth despite lowering its Q3 EPS estimate.
🔗 Know more: coingape.com/markets/coin...
Three French crypto executives want bitcoin-to-stablecoin trades taxed. They say the current gap costs the state revenue and pushes users into offshore venues.
Ethena ends investor vesting 17 months early on October 5, freeing about 1.41 billion ENA, 14% of supply, while StablecoinX's 3.03B waiver lands the same day.
Qivalis versterkt leiderschapsteam in aanloop naar lancering met Chief Risk & Compliance Officer Olga Elsenga
#Persbericht #Personalia #Compliance #Amsterdam #Governance #Expertise #Management #Risicomanagement #Stablecoin #ClearBank #ChiefRiskComplianceOfficer
🚨 🚨 🚨 Malicious USDG permit approvals used to drain Revenue users’ wallets in a coordinated attack
#security #hack #stablecoin #Crypto_News
https://whale-alert.io/stories/deee016c647518/Malicious-USDG-permit-approvals-used-to-drain-Revenue-
HSBC RedCoin Targets 74% Stablecoin-Aware Users Ahead of Hong Kong Launch
Oct 04 2026 19:34 UTC
HSBC has unveiled the official name of its forthcoming Hong Kong dollar-backed stablecoin, HSBC RedCoin.
#hsbc-redcoin #hong-kong-dollar #stablecoin #hsbc #consumer-awareness #payme-platform
FinCEN tied the ruble-backed A7A5 token to $179 billion in transactions and proposed a rule to cut US banks out of the A7 payments pipeline behind it.
Cap: Who Backs the Loans?
A stablecoin project called Cap saw its token jump 50% in a week. Cap lends your dollars to trading firms and pays you about 5.5%. Those firms don't post collateral themselves: a separate…
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Jeeves secures $110m Series C-1 funding for #Stablecoin platform expansion
Jeeves will use the capital to launch digital wallets, open a Madrid office, and expand its corporate card footprint to 10 new countries.
Tether-backed Utexo plans an October launch of USDT on the Bitcoin network, twelve years after the stablecoin left for Tron and Ethereum. 450 businesses are waiting in line.
Brazilians pick a president with Lula at 45% and Bolsonaro at 42%. The winner inherits Central Bank licensing, a $10,000 self-custody reporting rule and a shelved stablecoin tax plan.
#Bolsonaro #Brazil #CentralBank #CryptoRegulation #Stablecoin
🚨 🚨 🚨 Visa says stablecoin-linked card payment volume has nearly tripled year over year
#adoption #stablecoin #fundamentals #Crypto_News
https://whale-alert.io/stories/c3ee0188fd9490/Visa-says-stablecoin-linked-card-payment-volume-has-ne
Stellar Unlocks New DeFi Milestone at Over $273 Million
Oct 03 2026 12:57 UTC
XRP-rival Stellar has reached a new milestone in its DeFi ecosystem with its total value locked surging past $272 million for the first time ever.
#stellar #defi #tvl #xlm #rwa #stablecoin #blockchain #milestone
How USAT Crosses 170 Chains
Tether's US dollar token USAT is set to reach more than 170 blockchains, and LayerZero builds the system behind it. When you send it across, the tokens are burned on one side and…
#stablecoin #tether #layerzero
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Ethena Ends Token Rewards
Ethena just stopped the rewards it pays in its own token, after cutting them by roughly 85%. Holders of Ethena's dollar token collected points, and each season those points were paid out…
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Open USD stablecoin launches with $668 million market cap but thin trading activity
#stablecoin #ousd #openstandard
Open Standard Luncurkan Stablecoin OUSD, Didukung Visa, Stripe dan Mastercard
Tradingan - #Open #Standard resmi meluncurkan #Open USD (OUSD), #stablecoin baru yang dipatok terhadap #dolar #Amerika Serikat (USD) dan dirancang untuk kebutuhan #pembayaran, #penyelesaian #transaksi, #layanan #keuangan…
🚨 #Coinbase Gains Stablecoin Edge
#Bitwise CIO Matt Hougan says the #CLARITY Act’s failure leaves room for exchanges to offer #stablecoin rewards, with Coinbase positioned as a key beneficiary through USDC rewards.
🔗 Know more: coingape.com/clarity-act-...