Stablecoin capitalization has surged 17% in 2025 to a record $228B, CryptoQuant has reported, as Tether’s USDT and Circle’s USDC have added $33B. Deeper exchange reserves, rising DeFi yields, real-world payments, and Senate passage of the Trump-backed GENIUS Act have underpinned the expansion.
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Author: Jessica
Hong Kong Customs Teams with HKU to Trace Crypto Transactions
In response to increasing cryptocurrency-related financial crimes, Hong Kong Customs has partnered with the University of Hong Kong (HKU) to create forensic technology designed to trace virtual asset transactions. This collaboration supports Hong Kong’s broader digital finance enforcement agenda.
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Downtown LA under curfew for second night after days of protests
LA Mayor Karen Bass has accused federal authorities of “provoking” residents and spreading “chaos” with immigration raids.
‘A shining light’: Paul McCartney leads tributes to Brian Wilson
Sir Paul joins Wilson’s surviving bandmates, Sir Elton John and Bob Dylan in paying tribute.
Mistrial declared on rape charge in Weinstein case after juror won’t return to jury room
Weinstein was already found guilty of one sexual assault count, after an earlier conviction was overturned.
Pope names Chinese bishop as he keeps historic Vatican-Beijing accord
The 2018 accord sought to resolve the issue of who has authority to appoint bishops.
Spanish PM sorry for corruption scandal as opposition demands resignation
Pedro Sánchez faces mounting pressure after an escalating corruption scandal brought down a senior colleague.
British man is only passenger to survive India plane crash
Vishwashkumar Ramesh is believed to have survived the Air India crash that killed at least 200 people.
Japan to Press G7 on Coordinated Crypto Crackdown Targeting North Korea
Japan is preparing to urge G7 nations to launch a coordinated response against North Korea’s growing involvement in cryptocurrency theft.
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Senators Warren and Blumenthal Go to War Against Meta’s New Stablecoin Scheme, Calling it a ‘Threat’
Democratic Senators Elizabeth Warren and Richard Blumenthal launched a direct challenge against Meta CEO Mark Zuckerberg, sending a formal letter on Wednesday demanding comprehensive disclosure about the tech company’s revived interest in stablecoin payment systems.
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