stablecoins

Highlights: Hong Kong will ban unlicensed stablecoin promotions to protect retail users starting August 1 under new rules. Most stablecoin applicants in Hong Kong lack clear plans, as only a few licenses will be granted in the first phase. The […]

Highlights: Western Union is testing stablecoins to speed up transfers and lower costs in South America and Africa. Warren cautioned GENIUS Act has encouraged firms to explore stablecoin services for global payments. Stablecoins can reduce remittance fees and improve access […]

Highlights: Trump signed the GENIUS Act after delays and called it a big step for crypto. New law sets strict stablecoin rules, including full backing and yearly audits. Crypto leaders and top firms join the White House, praising the law […]

Highlights: Citigroup explores launching a stablecoin, focusing on tokenized deposits and digital asset infrastructure. JPMorgan and Citi join big banks planning shared stablecoin amid rising fintech competition. The GENIUS Act, now backed by Trump, aims to regulate USD stablecoins across […]

Highlights: Circle and OKX have partnered to offer zero-fee USD to USDC conversions directly on the OKX platform for all users. Users can now swap USD and USDC without using third-party platforms or paying trading fees. OKX supports USDC across […]

Highlights: JPMorgan predicts stablecoin growth will reach $500B, far below the $2T industry estimate. The bank says 88% of stablecoin use is in crypto, and only 6% in real payments. Analysts say low returns and high fees stop stablecoins from […]

Highlights: Bank of England warns stablecoins could weaken trust in traditional national currencies. Bailey urges central banks to rethink reserve roles as stablecoin use rapidly expands. Amundi fears the GENIUS Act may harm global finance and weaken the U.S. dollar. […]

Highlights: The price of Ethereum rallies 6%, trading at $2,600, with a 147% surge in volume. Ethereum leads the Real-World Assets (RWA) revolution, with a total RWA value of $7.54 billion, including $131.1 billion in stablecoins. Technical indicators indicate a […]

Highlights: Hayes said Bitcoin could fall to $90K as market liquidity starts to shrink. He expects crypto prices to stay flat or dip until the Jackson Hole summit. He noted bank-backed stablecoins may unlock $6.8T in demand for U.S. debt. […]

Highlights: Paxos has launched a stablecoin across the EU under MiCA rules. The stablecoin now meets strict EU rules with reserves held in European banks and full dollar redemption guaranteed. Platforms like Kraken and Gate now offer USDG stablecoin as […]

Highlights: Circle applies to launch a national trust bank to expand USDC custody and support tokenized asset services. The GENIUS Act moves through Congress as Circle seeks a charter to align with upcoming stablecoin rules. USDC adoption grows as Shopify […]

Highlights: South Korea has delayed the CBDC testing as banks raise concerns over high costs. Lawmakers are pushing for a stablecoin law to reduce reliance on foreign-backed tokens in the Korean crypto market. Eight major banks plan to launch a […]