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The read · Sample issue

Stablecoin supply rises for a sixth week as a bank moves a fund onchain

  1. Dollar stablecoins in circulation grew for a sixth week in a row, to $268.4 billion.
  2. Fennick Bank moved the share register of its money-market fund onchain for institutional clients.
  3. Errand, a shopping agent, said it settled 40,000 merchant payments in stablecoins last month. We could not verify the figure yet.
  4. A draft rule on stablecoin reserves opened for comment, with replies due in six weeks.
  5. Bitcoin closed the week up 2.1% in quiet trading, with no single story behind the move.