stablecoins

Highlights: ECB’s Isabel Schnabel warned on Monday that stablecoins could put pressure on banks if deposits shift into digital tokens. She said stablecoin runs could force reserve asset sales and affect broader financial markets. Schnabel warned that dollar-backed stablecoins could […]

Highlights: Aave Labs secured an FCA approval for cryptoasset exchange operations in the UK market. The approval allows the company to expand regulated stablecoin and payment services. Aave Labs will use the new approvals to strengthen its regulated crypto expansion […]

Highlights: Brian Armstrong says modern finance still needs deeper crypto upgrades across several major areas. He sees tokenized assets, global trading, and stablecoins as important tools for faster finance. Armstrong says artificial intelligence, self-custody, and clearer rules can expand financial […]

Highlights: Sui launched fee-free stablecoin transfers for seven supported assets on its Layer 1 mainnet. Gas fees no longer apply to supported stablecoin transfers on the Sui Network. Fireblocks and several crypto wallets integrated the gasless payment feature during the […]

Highlights: OSL has listed Kyrgyzstan’s gold-backed USDKG stablecoin on its licensed Hong Kong exchange. USDKG is tied to the U.S. dollar and supported by audited physical gold reserves. The listing gives USDKG access to professional investors through OSL’s regulated platform. […]

Highlights: The PARITY Act would require the Treasury to study tax relief for small crypto transactions under $200. The proposal would delay taxes on locked staking rewards until users transfer or sell the assets. The bill would apply wash sale […]

Highlights: Elizabeth Warren criticized the OCC for approving crypto trust charters without full banking safeguards. Warren said some crypto firms may be using trust charters to act like banks. The senator asked the OCC to share charter documents and legal […]

Highlights: The CLARITY Act has advanced 15-9 after Gallego and Alsobrooks joined Republicans. The bill now moves toward floor talks and Senate merger negotiations. Crypto market has responded well, with Bitcoin surging above $82K. The Senate Banking Committee advanced the […]

Highlights: JPMorgan launches a blockchain-powered money market fund targeting regulated institutional investors. The fund uses Ethereum blockchain and Kinexys Digital Assets to process token transactions. Token Class Shares require a $1 million minimum and aim to maintain a $1.00 NAV. […]

Highlights: Senate leaders released a 309-page crypto bill before the May 14 committee markup. The draft clarifies SEC and CFTC roles over crypto assets, trading, and disclosures. The bill also covers DeFi, stablecoins, self-custody, customer protection, and anti-money-laundering rules. Senate […]

Highlights: Galaxy says regulated stablecoins could support U.S. credit markets, not weaken the banking system. Offshore demand may drive most stablecoin growth under the GENIUS Act, Galaxy’s model shows. The report estimates stablecoins could add up to $1.2 trillion in […]

Highlights: $1.29B worth of USDT has left crypto exchanges. Santiment explained that the outflow could precede a major crypto rally.  The crypto market has shown subtle recovery signs, which corroborate Santiment’s claims.   On-chain analytical intelligence platform Santiment reported that Tether’s […]