stablecoins | ForkLog

ForkLog 57 12.06.2025

Plasma Stablecoin Project Secures $1 Billion in 30 Minutes

Backed by Bitfinex, the Plasma project has increased its deposit limit in stablecoins to $1 billion, a threshold reached in just 30 minutes. Today we raised the deposit cap to $1 billion, which filled within ~30 minutes. One of our main goals for the XPL sale is broad participation. After the initial deposit period, we […]

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ForkLog 35 12.06.2025

Circle Launches USDC on World Chain Network

Circle, the company behind the second most popular stablecoin USDC, has launched the asset on Sam Altman’s World project network. Project representatives stated that around two million users of the World App wallet already possessed the “bridged” version of USDC, which has now been upgraded to a native version. The company has also deployed the […]

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ForkLog 25 10.06.2025

Societe Generale’s Subsidiary Launches MiCA-Compliant Stablecoin

Societe Generale’s crypto asset division, SG-FORGE, has announced the launch of a new stablecoin, USD CoinVertible (USDCV). The asset will be available on the Ethereum and Solana networks. The Bank of New York Mellon (BNY) will act as the custodian of the reserves. USD CoinVertible is SG-FORGE’s second stablecoin. In April 2023, the company released […]

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ForkLog 13 10.06.2025

Bernstein Analysts Highlight Ethereum’s Key Advantages

Institutionalisation, stablecoins, and tokenisation are at the heart of financial innovations on public blockchains like Ethereum, according to Bernstein experts, reports The Block.

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ForkLog 39 09.06.2025

How stablecoins are squeezing traditional banks—Gem Wallet explains

The market capitalisation of stablecoins in early June 2025 surpassed $250 billion. The segment leader is Tether (USDT), with capitalisation above $153 billion, followed by Circle’s USDC at $61 billion. Stablecoins have evolved from a niche tool for crypto traders into a fully fledged alternative to traditional banking. Together with the open-source wallet team at […]

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ForkLog 207 08.06.2025

Tether CEO Challenges $515 Billion Valuation as Undervalued

If Tether were to go public now, it would be valued at $515 billion, becoming the 19th most valuable publicly traded company globally. This conclusion was reached by John Ma, co-founder and CEO of Artemis. The expert based his calculations on Circle’s market capitalization, which conducted an IPO and has been listed on the NYSE […]

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ForkLog 129 07.06.2025

Tech Giants Apple, X, Airbnb, and Google Explore Stablecoin Integration

Apple, X, Airbnb, and Google are in preliminary discussions with crypto companies about integrating stablecoins, according to Fortune, citing its own sources. The companies are considering the adoption of these assets as a means to reduce transaction costs and optimize international payments. Recent catalysts for the tech giants’ serious interest in the technology, as noted […]

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ForkLog 103 06.06.2025

Tether and Bitfinex to Back USDT-Based Blockchain Project Stable

The L1 blockchain Stable is preparing for launch with support from the Bitfinex exchange and USDT0, a company affiliated with Tether. Paolo Ardoino, the CEO of the latter, serves as an advisor. We’ve spent the past year quietly building new financial infrastructure — backed by @Bitfinex and @USDT0_to. Today, we’re stepping out of stealth. ? […]

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ForkLog 18 05.06.2025

Binance Holds $31 Billion in Stablecoins, Attracts Major Investors

Cryptocurrency exchange Binance has consolidated $31 billion in reserves in stablecoins Tether (USDT) and USDC, accounting for nearly 59% of the total volume of “stablecoins” on the top 20 trading platforms, according to analysts at CryptoQuant.

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ForkLog 55 05.06.2025

Classover, TGL and K Wave Media to pour hundreds of millions into Solana, bitcoin and Ethereum

An increasing number of public companies are building cryptocurrency reserves. In recent days, education platform Classover, fintech firm Treasure Global (TGL) and South Korean media alliance K Wave Media (KWM) have unveiled such plans. Classover opts for a Solana treasury The Nasdaq-listed firm plans to raise up to $500m to build a Solana-denominated corporate treasury. […]

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ForkLog 38 05.06.2025

Media: USDC stablecoin issuer valued at $6.9bn after IPO

Circle raised $1.1 billion — almost twice what it had planned. The USDC issuer’s common-stock offering on the NYSE was 25 times oversubscribed, пишет Bloomberg, citing people familiar with the matter. June 5, 2025 | 17:57Update: On June 5, Circle listed its shares on the NYSE. Trading is under the ticker CRCL. I am incredibly […]

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ForkLog 53 04.06.2025

World Liberty Financial Distributes USD1 Stablecoin in Airdrop

The DeFi project backed by the Trump family, World Liberty Financial (WLF), has distributed USD1 stablecoins to holders of its native token WLFI. This is indicated by data from analytics platforms Lookonchain and MistTrack. Looks like Trump’s World Liberty (@worldlibertyfi) is airdropping 47 $USD1 to every wallet that participated in the $WLFI sale.https://t.co/kbyhK9usHQ pic.twitter.com/YT8Y7IpfpU — […]

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