Stablecoin

 Last week was a mix of institutional activity and market movements in the crypto space. Metaplanet stated its intention to purchase $880 million in Bitcoin. At the same time, several companies filed for new crypto ETFs, indicating further interest in […]

Markets fell steadily before August 22, reflecting caution among global investors. However, Jerome Powell’s 10:00 AM speech that day brought optimism after hinting at a possible September rate cut, reshaping expectations and lifting sentiment.  Meanwhile, regulators made significant moves worldwide. […]

Highlights: Crypto exchange Coinbase has confirmed the addition of the World Liberty stablecoin to its roadmap. Treasury holdings of USD1 rocketed to a high of $548 million. Eric Trump acknowledged the announcement of the listing on social media. The largest […]

Highlights: China eyes yuan-backed stablecoins to accelerate currency adoption. Stablecoins could boost China’s role in cross-border trade. U.S. regulatory changes pressure China to shift its crypto stance. China is preparing to make a new step in expanding its worldwide financial […]

Highlights: Bo Hines Joins Tether as Strategic Advisor for Digital Assets and U.S. Strategy. Tether plans to launch a U.S.-regulated stablecoin in the coming years. The company has already reinvested nearly $5 billion in the U.S. economy. Tether, the largest […]

Highlights: Citigroup eyes custody services for stablecoins and crypto ETFs amid rising demand. Citi plans to support stablecoin-backed payments using tokenized U.S. dollar transfers. The U.S. GENIUS Act drives Citi’s expansion into regulated digital asset custody. U.S. banking giant Citigroup […]

Highlights: Mercuryo and Coinbase partner to reduce USDC fees on MetaMask via Base. Users benefit from around 50% fee savings for USDC on-ramps. Stablecoin demand rises with Circle’s new Layer 1 announcement. Mercuryo and Coinbase have teamed up to reduce […]

Highlights: US bank groups warn GENIUS Act loophole could trigger $6.6 trillion deposit outflows. Yield payments via exchanges may bypass the law and risk credit supply and higher borrowing costs. The stablecoin market is currently $280.2 billion, projected to reach […]

Highlights: Circle to launch Arc, an EVM-compatible blockchain using USDC as its native gas token. Arc will target stablecoin payments, FX, and tokenized assets with sub-second settlement. Circle reported $658M Q2 revenue and 90% USDC supply growth to $61.3B. Stablecoin […]

Highlights: Paxos seeks U.S. trust bank license to boost federal oversight. The approval would allow Paxos to hold assets and settle payments. The firm joins Ripple and Circle in applying for OCC trust charters. Paxos, the cryptocurrency firm behind PayPal’s […]

Highlights: China cracks down on stablecoin promotion amid fraud risks. Despite the crackdown, China explores yuan-backed stablecoins. Hong Kong’s stablecoin policies signal a different approach. China is cracking down on the promotion of stablecoins, concerned that emerging risks revolve around […]

Highlights: Animoca and partners seek stablecoin license from Hong Kong regulator. Hong Kong establishes strict guidelines for stablecoin issuers to guarantee safety and transparency. Major companies like JD.com and Ant are planning to launch stablecoins under new regulations. On August […]