List of Flash News about USD1 stablecoin charter
| Time | Details |
|---|---|
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2026-01-08 21:00 |
ZEC Drops 20% as Zcash Team Resigns; BTC/ETH ETF Outflows, SOL Inflows, XMR Gains Attention, USD1 Stablecoin Charter
According to @santimentfeed, Zcash’s entire core development team resigned after a governance dispute with the Bootstrap board, ZEC fell about 20%, and roughly $1.6B in market cap was erased while trader attention rotated to Monero (XMR) as the leading privacy coin, per @santimentfeed. Whales concentrated in FARTCOIN at a roughly $418M market cap and notable selling in ZEC and Raydium (RAY) flagged caution for privacy coins and Solana ecosystem tokens, per @santimentfeed. Solana’s SKR airdrop and ZIGChain private credit access also fueled market chatter, per @santimentfeed. Macro discussion included President Trump’s push to restrict institutional home buying and Scott Bessent urging the Federal Reserve to accelerate rate cuts, per @santimentfeed. On stablecoins, World Liberty Financial applied for a U.S. national trust bank charter to issue and custody USD1, with circulation reportedly above $3.3B and plans for fee‑free mint, redemption, and custody if approved, per @santimentfeed. In flows, spot Bitcoin and Ethereum ETFs saw withdrawals of about $486M and $98M on Jan 7 while Solana posted modest inflows; Morgan Stanley filed for a spot ETH ETF with staking and Florida advanced a bill to allocate public funds to Bitcoin, per @santimentfeed. |