On the eve of the $GENIUS Act’s first anniversary, the stablecoin market holds about $310 billion, including roughly $184 billion in $USDT …
Stablecoins
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Regulation
Russia Moves to Restrict Retail Access to Foreign Stablecoins Under New Crypto Bill
by shayaanby shayaanRussia is preparing to tighten oversight of foreign stablecoins through a new cryptocurrency regulation bill that would limit who can purchase the …
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Finance
Circle became a federal trust bank – now lenders warn stablecoins is projected to drain $500 billion
by shayaanby shayaanWashington just gave one of the world’s largest digital currencies a more official place in the US financial system. On July 10, …
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Markets
Trump targets Brazil's payments system while dollar stablecoins are quietly overtaking country's payments
by shayaanby shayaanWashington views Brazil’s promotion of non-dollar payment channels, including Pix and the growth of stablecoins, as a potential threat to dollar-based trade, …
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In brief ECB board member Cipollone warned Friday that stablecoin growth could strip European banks of retail deposits, on top of the …
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Finance
Stablecoins are moving more money while crypto’s cash pile gets smaller
by shayaanby shayaanAdjusted stablecoin transaction volume reached a record $1.79 trillion in June, according to Visa Onchain Analytics, up 63% from May’s $1.10 trillion …
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Markets
Binance bets on becoming a crypto 'super app' as stablecoins reshape growth
by shayaanby shayaanShunyet Jan, Binance’s head of spot trading and derivatives, said the exchange is focusing more on payments and financial services than on …
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Markets
Kraken Adds Arbitrum Stablecoins As Exchanges Keep Chasing Cheaper Settlement Rails
by shayaanby shayaanStablecoin listings can look routine until you pay attention to the chain. Kraken adding USDT0 and USDC.e support on Arbitrum is really …
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Finance
Hong Kong builds a gold and yuan network that sidesteps dollar stablecoins
by shayaanby shayaanStablecoins won over users by making money easier to move, long before the financial world agreed on what they meant. That helps …
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Finance
Dollar stablecoins could improve FX access but amplify currency runs: IMF paper
by shayaanby shayaanDollar stablecoins could improve access to foreign currency in economies with fixed or heavily managed exchange rates, but may also amplify currency …