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Circle CEO Jeremy Allaire ruled out issuing a Korean won stablecoin for now, but called a privately led KRW token “essential” and said Circle will expand in South Korea once clear rules are in place. 

Circle CEO Jeremy Allaire ruled out issuing a Korean won stablecoin for now, but called a privately led KRW token “essential” and said Circle will expand in South Korea once clear rules are in place. Summary Circle CEO Jeremy Allaire says the firm has “no plans” to issue a Korean won stablecoin. Allaire still calls a won‑pegged stablecoin “essential” and wants to support local issuers with Circle’s tech stack. Circle could apply for a license and set up a Korean unit if lawmakers finalize a stablecoin framework that admits foreign players. Circle CEO Jeremy Allaire has ruled out issuing a Korean won‑pegged stablecoin for now, even as he pushes to deepen Circle’s presence in South Korea and backs the idea of a locally led KRW token as “essential” for the country’s competitiveness. Speaking at a press conference in Seoul and in comments reported by DL News and local outlets, Allaire said he does not “believe Circle would issue a Korean won stablecoin,” but stressed that the company is closely watching pending legislation and is ready to expand “within the local compliance framework” if the rules open the door to global firms. Allaire’s stance reflects a strategic split between issuance and infrastructure. He has argued that a won‑denominated stablecoin is needed and should be linked with Circle’s dollar‑backed USDC, but insists that the actual KRW token will likely come from a consortium of Korean banks, fintechs and digital‑asset companies rather than Circle itself. “We may find ways to partner with Korean won issuers, and to be supportive of these emerging consortiums as they look to build Korean digital currencies,” he said, positioning Circle as a technology provider rather than a direct competitor to domestic issuers. Circle bets on USDC and infrastructure in Seoul Circle is already the issuer of USDC, one of the world’s largest dollar stablecoins, and has been stepping up its Korean outreach as the country finalizes a stablecoin framework under the broader Digit

Circle CEO Jeremy Allaire ruled out issuing a Kore

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HTX Community Spring Creation ContestBitcoin Up 2 Weeks: Beginning or End?Vote to help HTX win & share 300 USDT!Crypto Winter Is Coming, Says CoinGecko The cryptocurrency market extended its decline i

Crypto Winter Is Coming, Says CoinGecko

The cryptocurrency market extended its decline in Q1 2026, transitioning into what CoinGecko describes as a sustained “crypto winter,” with total market capitalization falling 20.4% to $2.4 trillion.

According to the recent report, the $622 billion contraction marks a second consecutive quarterly decline, leaving the market roughly 45% below its October 2025 peak.

Much of the downturn occurred between mid-January and early February, coinciding with the nomination of Kevin Warsh as the next Federal Reserve Chair, signaling a potentially more hawkish monetary policy environment.

Market decline meets flight to stability

While the broader market weakened, stablecoins showed resilience. Total stablecoin market capitalization rose slightly by $1.6 billion to $309.9 billion, reinforcing their role as a liquidity anchor during periods of volatility.

Tether, however, recorded its first notable supply decline since Q2 2022, falling 1.6% to $184.1 billion, though it maintained a dominant 59% market share.

The divergence highlights a broader shift in capital allocation, with investors moving toward lower-risk assets while reducing exposure to more volatile segments of the market.

In terms of trading activity, Solana remained the leading chain for spot trading during the quarter, holding a 30.6% share despite a 26.5% drop in volume.

However, momentum shifted toward Ethereum in March, with Ethereum overtaking Solana to capture a 27% share compared to Solana’s 26%.

Crypto Winter Is Coming, Says CoinGecko

with SOL closing lower than its opening price. The decrease of 3.55% may reflect a broader reaction to market sentiments surrounding geopolitical issues, including the ongoing tensions between the U.S

HTX DAO's First Hackathon Launches!

In the context of the wider market for crypto moving without a definitive direction, there is growing emphasis on new projects that are new and at an early stage. With key cryptos such as Bitcoin and 

Could Little Pepe ($LILPEPE) Be One of the Most Watched Meme Coins This Year?

HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation ChallengeExplaining Polkadot's full recovery after it was exploited on Hyperbridge. The Hyperbridge exploit caused Polkadot

Claim1,200 USDT in the Monthly Creation Challenge

Explaining Polkadot's full recovery after it was exploited on Hyperbridge.



The Hyperbridge exploit caused Polkadot [DOT] to lose a significant portion of its market cap, but it has since fully recovered.

The altcoin’s price crashed after a hacker minted 1 billion DOT tokens on Ethereum [ETH] but only sold them for $237K due to lack of liquidity. The team clarified that the actual loss had ballooned to $2.5 million as the team made efforts to recover the funds.

However, the assurance that Polkadot’s core network security remained intact fueled a 17% price recovery.




Polkadot recovers 17% after Hyperbridge exploit: W

Polkadot recovers 17% after Hyperbridge exploit: Will DOT’s gains continue? y the team after the exploit assured users of security, as the core network had not been affected. It’s the bridged DOT toke

Polkadot recovers 17% after Hyperbridge exploit: Will DOT’s gains continue?

y the team after the exploit assured users of security, as the core network had not been affected. It’s the bridged DOT tokens on Ethereum.

As a result, the community sentiment returned to 82% bullish from 954.1K voters, as per CoinMarketCap. Consequently, the price of the altcoin rallied from $1.146 to $1.354.

The relief brought about a rebound in network activity. As per Artemis data, the number of transactions increased by 1,400, from 10.5K to 11.9K, in just a day.

Additionally, daily active users (DAU) increased by 1.67x even though the figures remained relatively low. DAU rose from 3,000 to 5,000, indicating users were gradually returning to the network.


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The rsETH markets on Aave V3 and Aave V4 have been frozen. Aave's contracts have not been exploited and this is an exploit related to rsETH. The freeze follows an exploit of the Kelp DAO rsETH bridge.

🚨 Market Alert: $255M Wiped Out 🚨 Over $255M in #crypto contracts liquidated in the last 24h, per @PANewsLab & CoinAnk. 🔹 Total: $255M 🔹 Longs: $161M (63%) 📉 🔹 Shorts: $94M 🔹 BTC: $78.2M | ETH: $45.1M

🚨 Market Alert: $255M Wiped Out 🚨
Over $255M in #crypto contracts liquidated in the last 24h, per @PANewsLab & CoinAnk.
🔹 Total: $255M
🔹 Longs: $161M (63%) 📉
🔹 Shorts: $94M
🔹 BTC: $78.2M | ETH: $45.1M
Volatility spikes as markets react to the latest shakeout. Stay sharp. 🛡️
#Bitcoin #Ethereum #CryptoNews #Liquidations #Trading


$BTC Weekend time and the headlines go on. Iran stated that the Strait will go back to its previous state (closed) after U.S. continued the blockade. This obviously caused a sell off for the time bein

HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation ChallengeSIREN's volatility spikes as whales purchase 31.55 million tokens worth $64.67 million. Siren [SIREN] is on the ve

SIREN's volatility spikes as whales purchase 31.55 million tokens worth $64.67 million.



Siren [SIREN] is on the verge of erasing all recent losses. The memecoin broke out of a descending channel, touching a local high of $2.26 before sharply dropping. 

As of this writing, SIREN traded at $1.7, up 102% on the daily charts, adding to its 136% weekly rally. 

Over the same period, trading volume climbed 392% to $209 million. Equally, M.C surged 111%, crossing the billion mark to $1.29 billion, reflecting increased capital flows. 




SIREN surges 102% amid $64 mln whale buying: What’

Going to Break ATH $345 🚀🚀🚀 TO $12000 🤯🤯🤯🤯BOOM BOOM

<img src="https://content-all-s3.hbfile.net/images/2023-02-08/63133b8669aefb0947a134ae19505032.png" alt="Screenshot_20230208-042209.png" style="width:100%; height:auto; margin-top: 10px; margin-bottom: 10px"><br>Going to Break ATH $345 🚀🚀🚀 TO $12000 🤯🤯🤯🤯BOOM BOOM

BTC преодолел отметку в $120 000!

Valuation of $852 Billion, CEO Holds Zero Shares, Shareholders in a Power Struggle: Who Controls OpenAI?

How to Protect Your Digital Assets? A 15-Step Checklist from an OpenAI Co-founder

Norman Chan: Steadily Developing Hong Kong's Compliant Stablecoin Ecosystem

US Stablecoins Welcome New Regulations: Interpreting the FDIC Draft, How Bank-Issued Stablecoins Should Operate According to the Rules

Anthropic's 'Cry' Sparks Wall Street Panic! 27-Year-Old, Mythos Instantly Defeated by 8 AIs

From Failing to Start a Hedge Fund Before the Financial Crisis to Managing Trillions in Assets: BlackRock's Global Fixed Income CIO Shares Investment Philosophy

Crypto Market Structure Bill Enters Crucial Stage, Coinbase CEO Says “It’s Time”

Bitcoin Pulls Back To $71,000 As Profit-Takers Strike Again

Analyst Exposes Bitcoin Market Maker Buy Strategy, Shows What Happens When Accumulation Ends

Analyst Reveals The Chances Of Bitcoin Price Crashing Again

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