Tag: Stablecoins
Tokenized Treasuries Like Blackrock’s (BLK) BUIDL Will Challenge Stablecoins But Won’t Fully Replace Them, JPMorgan (JPM) Said
The report also said the amount of "idle cash" within stablecoins is hard to calculate, but it is unlikely to "represent the majority of the stablecoi [...]
Stablecoins Could Be a $5-$10 Trillion Market, Will Be Integral Part of the Global Financial System
Stablecoins are one of the most popular innovations in crypto, bridging government-issued fiat currencies on traditional financial rails with blockcha [...]
The Fed Is the Wrong Regulator for Stablecoins
First, and perhaps foremost, the Fed would be conflicted. As an alternative payment service, stablecoins compete with the Fed’s own payment infrastruc [...]
Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian’s Director
We have the unique competitive advantage here on a couple fronts. Number one, we have a truly diversified jurisdictional and geographic control of the [...]
Stripe's Acquisition of Bridge Validates the Usage of Stablecoins: Bernstein
Stablecoins have emerged as the main use-case for blockchains, especially for cross-border payments, the report said.
www.coindesk.com [...]
Tether (USDT) CEO Ardoino Says He Expects U.S. Will Catch Up in Crypto Regulation
"There is no place like the U.S.," he said via video link at DC Fintech Week in Washington. "I think it's very, very important that sensible crypto re [...]
Stripe in $1.1B Acquisition Deal for Stablecoin Platform Bridge: Report
Bridge, which has raised $54 million in funding, previously said it aspired to become the blockchain version of Stripe, operating a global system in w [...]
Crypto Exchange Coinbase (COIN) to Delist Unauthorized Stablecoins in EU by December
Coinbase, the second biggest exchange, after Bybit, according to CoinGecko data, has been racing alongside other companies to become compliant with th [...]
Ethena Announces UStb Stablecoin Backed by Blackrock’s BUIDL
In a thread on X, the team addressed some of these concerns, pointing out that while USDe has remained stable despite recent bearish conditions, it ca [...]
Stablecoins Will Drive Institutional Adoption in Asia: Chainalysis CEO
"The real volume of crypto is tied to countries like the U.S. and others," Gronager said. "The story we are trying to tell you is more like saying cry [...]
TrustToken (now Archblock), TrueCoin Settle With U.S. SEC Over Fraud Accusations in Stablecoin
“TrueCoin and TrustToken sought profits for themselves by exposing investors to substantial, undisclosed risks through misrepresentations about the sa [...]
Stablecoins Are Becoming Systemically Important, Bernstein Says
Stablecoin supply is back to all-time highs with $170 billion in circulation, the report said.
www.coindesk.com [...]
Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Standard Chartered’s Regional Head Says
According to Fed funds futures, the market is currently pricing 100 basis points of rate cuts this year, which means the benchmark borrowing cost will [...]
Fintech Giant Revolut Said to Be Planning Stablecoin
Crypto-friendly Revolut is said to be quite far along in creating its own stablecoin, according to two people familiar with the plan.
www.coindesk.co [...]
Stablecoins Increasingly Used for Savings, Payments in Emerging Countries, but Crypto Trading Still Leads: Report
Based on a survey of more than 2,500 cryptocurrency users in Brazil, Nigeria, Turkey, Indonesia, and India, access to crypto markets was still the lea [...]