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U.S. Treasury officials predict the stablecoin market will reach $2 trillion by 2028, representing a sevenfold increase from the current $240 billion market capitalization, according to a Treasury Borrowing Advisory Committee report released Tuesday. What to Know: Treasury forecasts stablecoin marke

Tether's gold-backed cryptocurrency token XAUT is now supported by nearly eight tons of physical gold stored in Swiss vaults, according to the company's first quarterly attestation for 2025. Each token represents one troy ounce of gold, with the total supply reaching 246,523 ounces as market prices

The U.S. Securities and Exchange Commission (SEC) has pushed back its decisions on high-profile spot cryptocurrency ETFs for Dogecoin (DOGE) and XRP, marking another instance of regulatory caution in the digital asset sector. Simultaneously, in a quieter but equally significant move, the agency has

Criminals moved $649 billion in stablecoins to high-risk addresses last year, though this represents a smaller percentage of total volume than in previous years, according to a new industry report released Tuesday. What to Know: Stablecoin use in illicit activities increased in absolute terms but de

Tether co-founder Reeve Collins, speaking recently in Dubai, highlighted how the sector is evolving beyond its original fiat currency focus. Collins’ perspective comes at a time when stablecoins are not only integral to the crypto economy but are also attracting increasing scrutiny and innovation fr