O’Connor argues that crypto’s clearest success story has scaled as money but not as capital. www.coindesk.com
Stablecoins
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Finance
HKMA Chief Confirms HSBC and Anchor Technology to Launch Stablecoins in Hong Kong This Year
by shayaanby shayaanHong Kong is set to take a significant step forward in digital currency adoption, with the city’s top banking regulator confirming that …
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Stablecoins have gone from crypto curiosity to the center of mainstream finance in under a year, with the first US federal framework …
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Finance
‘Safer Than Palantir’—The Startup Building Stablecoins For Governments
by shayaanby shayaan“Government is actually the gatekeeper of the real world,” Xin Yan said on the On The Margin podcast. “They gatekeep all the …
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Markets
Meta is paying creators in Stablecoins. Spending them is someone else's problem
by shayaanby shayaanMeta’s decision to pay creators in USDC validates stablecoins as a mainstream disbursement tool, Joslyn suggests, but it also exposes the industry’s …
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Smart Contracts
‘Looksmaxxing’ Trend Spawns $100M Gray Market Fueled By Bitcoin, Stablecoins: Chainalysis
by shayaanby shayaanIn short According to Chainalysis, the gray market crypto-powered peptide market has surpassed $100 million annual run rate. Demand soared alongside the …
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US Federal Reserve governor Christopher Waller said Sunday that the growing use of dollar-backed stablecoins could bolster the global influence of US …
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Adoption
Citi Forecasts $5.5 Trillion Real-World Asset Tokenization Market By 2030, Stablecoins To Drive $1 Trillion In Treasury Demand
by shayaanby shayaanThe gap between crypto’s current real-world asset footprint and where the largest banks see it heading is starting to look less like …
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Finance
Reliant president says stablecoins are still under 5% of regulated U.S. payments
by shayaanby shayaanStablecoins are settling trillions of dollars a year on crypto rails. But inside regulated U.S. payments infrastructure, they are still a single-digit …
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Regulation
Japan FSA Finalizes New Rules for Stablecoins, Crypto Intermediaries, and Funds Transfers
by shayaanby shayaanJapan’s Financial Services Agency moved to finalize a fresh round of rules under the Funds Settlement Act, clearing the way for a …