The American Bankers Association (ABA) is pressing for big changes to the Clarity Act, claiming the crypto market structure bill could put …
Stablecoins
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Regulation
Bank of England’s Bailey warns US stablecoins could destabilize the UK in a crisis
by shayaanby shayaanAndrew Bailey, the governor of the Bank of England, is sounding the alarm about a scenario that should make any financial regulator …
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Scams
ECB’s Lagarde Pushes Back on Euro Stablecoins, Warns of ‘Structural Weaknesses’
by shayaanby shayaanIn brief ECB President Christine Lagarde said euro stablecoins are “not an efficient way” to boost the euro’s global role, warning their …
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Finance
Dominance of Tether and Circle is a net bad for stablecoins, says Bridge executive
by shayaanby shayaanMiami Beach — The stablecoin universe, dominated by Tether and Circle, hampers competition that could lead to better product-market fit for some …
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Finance
OpenTrade raises $17 million to connect stablecoins to real-world assets
by shayaanby shayaanStablecoin infrastructure platform OpenTrade closed a $17 million funding round Wednesday led by Mercury Fund and Notion Capital, with participation from a16z …
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Finance
Two KRWQ stablecoins are pulling Korea’s digital won race in different directions
by shayaanby shayaanTokenSquare, a South Korean AI payments infrastructure company, has launched KRWQ, a Korean won-denominated stablecoin infrastructure built on $BSV blockchain technology, in …
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Scams
MoonPay Launches Debit Mastercard That Lets AI Agents Pay With Stablecoins
by shayaanby shayaanIn brief MoonPay launched the MoonAgents Card, a virtual Mastercard debit card letting AI agents spend stablecoins directly from crypto wallets at …
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Finance
The world’s central banks are now treating stablecoins like a real multi-trillion dollar monetary threat
by shayaanby shayaanThe world’s central banks stopped arguing about whether stablecoins are risky long ago. Their main concern now is about who will control …
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Finance
Euro stablecoins explode 1200% under MiCA as capital pours into regulated assets
by shayaanby shayaanEuro stablecoins have surged 1,200% under MiCA as regulatory clarity attracts institutional capital into euro-denominated digital assets. Controlled reserve management (requiring 100% …
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DeFi
Massive USDT Transfer to Ethena Sparks DeFi Liquidity Concerns: 299,909,990 Stablecoins Moved
by shayaanby shayaanA massive transfer of 299,909,990 $USDT has moved from an unknown wallet to the Ethena protocol. Whale Alert, a blockchain tracking service, …