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Former U.K. Prime Minister Boris Johnson called Bitcoin (BTC) a "giant Ponzi scheme" in a Daily Mail column published Friday, drawing swift pushback from Strategy chairman Michael Saylor, Tether (USDT) CEO Paolo Ardoino, and Blockstream CEO Adam Back. The column arrived the same week the Bitcoin net

Circle's USDC has reached a record circulating supply of approximately $81 billion, with demand in the Middle East cited as a contributing factor. In a separate development on the same day, Mizuho Securities analysts reported USDC has surpassed Tether's USDT in adjusted transaction volume for the fi

Circle’s USDC stablecoin has overtaken Tether’s USDT in transaction volume for the first time in several years, marking a notable shift in activity across the stablecoin market. According to a research note from Japanese investment bank Mizuho, USDC has processed approximately $2.2 trillion in adjus

Tether minted $1 billion in USDT (USDT) on the Tron network on Mar. 12, its first issuance of that size in over a month, pushing total circulating supply to roughly $183 billion — more than $100 billion ahead of its nearest rival, USDC (USDC). What Happened: Massive Stablecoin Minting Blockchain tra

The Federal Deposit Insurance Corp. will propose a rule explicitly barring stablecoin holders from "pass-through" insurance, closing a potential loophole in the GENIUS Act, Chairman Travis Hill said Wednesday. The GENIUS Act already bans direct FDIC coverage for stablecoins, but was silent on whethe