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Visa Launches USDC Settlement in US, Declares Crypto Mainstream
Visa enables US partners to settle transactions in USDC on blockchain, marking a pivotal shift as stablecoin settlement volume hits $3.5 billion annualized run rate.
Bitcoin Flash Crashes to $24K on Binance USD1 Pair Before Instant Recovery
A dramatic flash crash saw Bitcoin briefly plunge to $24,111 on Binance's BTC/USD1 trading pair before rebounding to $87,000 within seconds, highlighting liquidity risks on newer stablecoin pairs.
Amplify Launches Two Crypto ETFs Targeting Stablecoins and RWA Tokenization
Asset manager Amplify ETFs debuts STBQ and TKNQ on NYSE Arca, offering exposure to stablecoin infrastructure and tokenization technology sectors.
SoFi Becomes First US National Bank to Launch Stablecoin
SoFi Bank has launched SoFiUSD, a fully-reserved stablecoin backed by cash at the Federal Reserve, marking the first time a nationally chartered US bank has entered the stablecoin market.
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