#stablecoins

Highlights: Hayes said Bitcoin could fall to $90K as market liquidity starts to shrink. He expects crypto prices to stay flat or dip until the Jackson Hole summit. He noted bank-backed stablecoins may unlock $6.8T in demand for U.S. debt. […]

Highlights: Paxos has launched a stablecoin across the EU under MiCA rules. The stablecoin now meets strict EU rules with reserves held in European banks and full dollar redemption guaranteed. Platforms like Kraken and Gate now offer USDG stablecoin as […]

Highlights: Circle applies to launch a national trust bank to expand USDC custody and support tokenized asset services. The GENIUS Act moves through Congress as Circle seeks a charter to align with upcoming stablecoin rules. USDC adoption grows as Shopify […]

Highlights: South Korea has delayed the CBDC testing as banks raise concerns over high costs. Lawmakers are pushing for a stablecoin law to reduce reliance on foreign-backed tokens in the Korean crypto market. Eight major banks plan to launch a […]

Highlights: PayPal CEO says Americans lack reasons to use stablecoins for daily transactions. Cross-border payments are still the top reason users turn to stablecoins like PYUSD. GENIUS Act could boost stablecoin trust with clear rules and stronger user protections. In […]

Highlights: Turkey will now require detailed transaction descriptions and withdrawal delays to reduce crypto-linked financial crimes. Stablecoin transfers will face daily and monthly limits unless platforms meet full Travel Rule compliance. Exemptions apply to crypto activities like market making if […]

Highlights: GENIUS Act passes Senate with 51-23 vote, setting stablecoin rules for issuers. Bill requires full backing, yearly audits, and compliance for foreign stablecoin issuers. House must decide the next steps as stablecoin regulation moves toward final approval. The Senate […]

Highlights: JPMorgan has filed for a trademark to expand digital asset services, including trading transfers and payment tools. The stablecoin bill progress has prompted major firms like JPMorgan and Amazon to explore stablecoin development. The filing may lead to new […]

Highlights: Circle CEO Jeremy Allaire says stablecoins are nearing their breakthrough moment, similar to the iPhone’s rise.  Major retailers like Amazon and Walmart plan to launch their own dollar-backed stablecoins. Circle’s NYSE surge and bank projects reflect growing trust in […]

Highlights: The Treasury Secretary says stablecoins could grow to $2 trillion in the coming years. Senate moves forward with GENIUS Act to regulate dollar-backed stablecoins. Trump backs stablecoin rules, aiming to strengthen the U.S. dollar globally. Stablecoins tied to the […]

Highlights: South Korea’s Digital Asset Basic Act creates stablecoin licensing and strengthens crypto oversight. The new bill requires stablecoin issuers to hold equity and secure reserve funds. President Lee backs won-based stablecoins to keep capital in South Korea. South Korea’s […]

Highlights: Uber is exploring stablecoins to make global payments faster and cheaper. CEO says Uber is studying crypto but won’t use it without clear rules. Stablecoin use is growing fast, beating Visa and Mastercard transactions. Ridesharing giant Uber is exploring […]