Tag: USDC

Binance’s stablecoin reserves have increased by $3 billion over a two-week period, signaling new capital inflows into the crypto market

By coinspy Key Points: The rise in ERC-20 stablecoin holdings on Binance suggests investors are not exiting but instead positioning for future opportunities. Japan is preparing regulatory reforms that could classify crypto as financial products, introducing a flat 20% tax and opening the door for crypto ETFs. Ripple, in collaboration with SBI VC, plans to […]

LIBRA Soars 400% as $57M USDC Gets Unfrozen by Court

By Olivia Stephanie TL;DR US court unfreezes $57M USDC tied to Libra, sparking renewed market activity and a sharp rally. LIBRA token skyrockets 393% in one day, fueled by asset release and renewed investor attention. Despite lawsuit uncertainty, traders push LIBRA higher, with volume rising and volatility returning to the token. Federal Judge Releases Frozen […]

Thirty leaders from major crypto firms urged the U.K. government to adopt a proactive national stablecoin strategy

By coinspy Key Points: The U.S. is advancing stablecoin regulation through the GENIUS Act, intensifying global competition in digital finance. Citigroup is actively exploring stablecoin integration and exchange-traded digital asset products. Thirty leaders from major crypto firms urged the U.K. government to adopt a proactive national stablecoin strategy. The U.K. risks losing influence in financial […]