Bitwise’s Ryan Rasmussen says investors are underestimating Circle as stablecoins expand and the company builds out its payments infrastructure. www.coindesk.com
Stablecoins
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Domestic-currency stablecoins intended to curb reliance on dollar-backed tokens could instead make it easier for users to move funds into digital dollars, …
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Most people still think crypto payments means buying coffee with bitcoin. The real shift is quieter and far larger: stablecoins now settle …
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Finance
Can INR Stablecoins Reduce India’s Dependence on the US Dollar? Binance Thinks So
by shayaanby shayaanBinance APAC Head SB Seker believes India needs its own rupee-pegged stablecoin, arguing it would let Indian users and institutions hedge against …
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PayPal has reported $486.4 billion in total payment volume for the second quarter on July 28, up 10% year over year. It …
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Markets
Bank of Italy research suggests stablecoins aren't necessarily cheaper for remittances
by shayaanby shayaanA mystery-shopping experiment found that exchange fees, foreign exchange spreads and banking rails mean stablecoin remittances are often no cheaper than traditional …
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Regulation
Only 3 MiCA compliant stablecoins in the global top 50 — all Circle-linked
by shayaanby shayaanOnly three stablecoins from the world’s top 50 currently meet the EU’s MiCA standards — and that gap between market reality and …
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The European Union’s Markets in Crypto-Assets regulation was meant to bring order to the stablecoin market. Yet a new disclosure from Circle …
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Earlier today, the Solana Foundation tweeted about the advantages of using stablecoins as payment protocols for building AI tools or agents. This …
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Adoption
CZ Says Crypto Penetration Still Under 1% Of Global Wealth, Stablecoins And Fiat Ramps Remain Key Barriers
by shayaanby shayaanFor all the noise around institutional ETFs and billion-dollar on-chain volumes, the raw numbers paint a different picture. Digital asset ownership measured …