Nightfall, the zero-knowledge privacy protocol developed by Ernst & Young, has been deployed on Starknet

RedotPay Eyes $1B U.S. IPO Amid Stablecoin Growth

RedotPay, a Hong Kong-based stablecoin payment provider, considers a U.S. IPO to raise over $1 billion. With $10 billion in annual transactions and key partnerships with Visa and Circle, the company highlights growing institutional interest in crypto finance.

'Stablecoin Summer': Stripe Makes Tender Offer at $159 Billion Valuation

Stripe is set to repurchase shares from employees at a valuation of $159 billion, amidst a surge in business and stablecoin volumes. The firm reported a 34% yearly increase in business and highlighted its Bridge and Tempo acquisitions for expanding stablecoin offerings.

WisdomTree Gets SEC Nod to Enable Instant Settlement for Tokenized Money Market Fund

In brief WisdomTree's tokenized money market fund will soon trade 24/7. The shift will also allow investors to cash out WTGXX instantly. The arrangement required approvals from the SEC and FINRA. WisdomTree said on Tuesday that it’s enabling instant settlement for its tokenized money mar

Ethena Quietly Pivoted – Is ENA Now the “AWS of Stablecoins”?

Ethena (ENA) may have just changed its business model, and most of the market barely reacted. AI agent Aiixbt shared on X that the project has stepped away from directly competing in the stablecoin wars.  Instead of fighting for market share with USDe, Ethena is now offering white-label

Is Meta returning to the stablecoin battle? Rumors suggest that in the second half of the year, they will integrate a US dollar stablecoin and collaborate with third parties to launch a new wallet for payment deployment.

Meta plans to re-enter the stablecoin market in the second half of this year by partnering with third parties to launch a USD-pegged stablecoin payment system and a new digital wallet, aiming to enhance social payments and cross-border remittances. Although the regulatory environment is more relaxed than before, Meta still needs to balance compliance and brand risk to stand out in the competition and rebuild user trust.

Bitwise acquires Chorus One to expand its staking business

Bitwise acquires institutional staking service provider Chorus One, aiming to expand its staking operations across multiple blockchains. Chorus One manages approximately $2.2 billion in staked assets. This transaction will enhance Bitwise's staking capabilities across multiple chains, with core team members of Chorus One joining Bitwise to serve institutional investors.