Coinbase has challenged banking industry attempts to limit merchant rewards for stablecoin users, arguing that such restrictions violate the interpretation of the GENIUS Act. The company believes these […]
Circle Stock Reaches IPO Price After Insider Unlocks, Market Volatility Concerns Rise
Circle’s stock price has returned to its initial public offering (IPO) level following the release of shares held by insiders, sparking concerns about market volatility. The company’s CEO, […]
Coinbase Vows Resistance Against Banks’ Push for Stablecoin Rewards Ban
Coinbase stands firm against banking industry groups seeking to halt merchant rewards linked to stablecoin payments, arguing that such a ban would stifle innovation and consumer choice in […]
WLFI Launches USD1 Stablecoin on AB Chain for Enhanced DeFi Transactions
WLFI has partnered with the AB Chain to expand its USD1 stablecoin, providing faster transactions and increased liquidity within the decentralized finance (DeFi) ecosystem. The integration was announced […]
Balancer Launches Recovery Effort After Stablecoin Pool Incident
Balancer has initiated a recovery plan following an incident impacting its V2 stablecoin pool, according to blockchain news outlet Odaily. The company disclosed that approximately $4.1 million was […]
EU Believes Existing Crypto Regulations Address Stablecoin Concerns
The European Banking Authority (EBA) asserts that current regulations in the EU are sufficient for addressing the risks posed by stablecoins, according to PANews. While the ECB and […]
Standard Chartered Launches Singapore’s First Stablecoin Card: DeCard
Singapore becomes the first country to see a stablecoin credit card launch when Standard Chartered partnered with DCS Card Centre to introduce DeCard. This innovative new card offers […]
Dubai Court Freezes $456 Million in Assets Linked to Tron Founder Justin Sun
Breaking news reports reveal that a significant portion of Justin Sun’s assets, totaling $456 million, has been frozen by the Dubai court. This action pertains to funds previously […]
Sui Network Introduces USDsui Stablecoin for Payments and DeFi
The Sui Network has launched USDsui, a stablecoin backed by the U.S. dollar designed to power payments and decentralized finance (DeFi) on its blockchain. Developed in partnership with […]
Stablecoin Market Projected to Reach $3 Trillion by 2030: Yellen Warns for Regulatory Action
U.S. Treasury Secretary Janet Yellen has predicted a significant expansion of the stablecoin market, estimating it to reach $3 trillion by 2030. This projection highlights the potential of […]
Stablecoin Market Expected to Boom, Reach $3 Trillion by 2030
The stablecoin market is poised for significant growth, according to projections from U.S. Treasury Secretary Janet Yellen. She anticipates that the market size will increase from a current […]
Crypto Yields Near TradFi Parity: A New Era of Finance Emerges
The line between crypto and traditional finance is blurring rapidly, with DeFi yields closing the gap as stablecoin growth explodes. Stablecoin-based products are now driving significant market expansion, […]
JPYC Aims for ¥10 Trillion in Stablecoin Issuance: Impact on Japanese Bonds and Monetary Policy
Japan’s first domestic yen-pegged stablecoin issuer, JPYC, is poised to revolutionize the country’s financial landscape by targeting issuance of ¥10 trillion (around $66 billion). This ambitious goal could […]
Will Crypto-Backed Bonds Outpace the BOJ’s Role in Japan’s Finance?
JPYC predicts a shift in the bond market in Japan, where stablecoin firms might soon become key buyers, potentially replacing the Bank of Japan’s dominance. This change could […]
Stablecoin Investors Ready to Shake Up Japan’s Bond Market
Japan’s stablecoin landscape is poised for a major shift as JPYC Inc., the issuer of the yen-pegged JPYC stablecoin, prepares to invest heavily in Japanese government bonds (JGBs). […]