The Bank of Korea has proposed a groundbreaking approach to stablecoins by advocating for bank-led issuance rather than relying on non-bank entities. This strategic move could reshape how […]
CFTC Unveils Proposal to Use Stablecoins as Collateral in Derivatives Markets
The Commodity Futures Trading Commission (CFTC) has proposed a significant regulatory shift, aiming to integrate stablecoins into derivatives markets. Acting Chairman Caroline D. Pham’s initiative could revolutionize how […]
Bitcoin Market Sees Unusual Shift: Whales Sell, Stablecoins Surge
Recent data from on-chain platform CryptoQuant reveals a unique trend in the Bitcoin market. Despite prominent whale losses exceeding $1.3 billion over the past six days, the cryptocurrency’s […]
Crypto Market Emotional Bottom: Concerns Rise Amid Selloff
The crypto market is grappling with a steep sell-off triggered by the depegging of several stablecoins, leaving investors concerned about market stability and long-term prospects. Notably, major players […]
Cathie Wood Downgrades Bitcoin Forecast as Stablecoins Gain Traction
ARK Invest founder Cathie Wood has revised her Bitcoin price forecast for 2030, adjusting it from $1.5 million to $1.2 million due to the growing influence of stablecoins […]
Crypto Crash Concerns: Stay Safe With Stablecoins
While cryptocurrency markets have seen significant price surges this year, analysts are expressing caution about potential downturns. Factors such as persistent high interest rates and new regulations could […]
Italian Banks Back Digital Euro But Advocate for Gradual Cost Allocation
Italian banks have expressed support for the European Central Bank’s (ECB) initiative to introduce a digital euro, but they urge a staggered approach in funding costs. The Italian […]
Gauntlet Proposes Removal of Stablecoins from Euler Yield
DeFi risk management protocol Gauntlet has proposed a significant change to the Euler community: removing rUSD and srUSD from Euler Yield entirely. According to Foresight News, this proposal […]
Cathie Wood Cuts Bitcoin Price Prediction: 2030 Target Set to $1.2 Million
ARK Invest CEO Cathie Wood has significantly lowered her price prediction for Bitcoin by 2030, revising it from $1.5 million to a revised target of $1.2 million. This […]
Re7 Labs Takes Action to Mitigate Risks in Stablecoin Markets
Re7 Labs has taken proactive measures to address risks associated with several stablecoin markets, including xUSD, deUSD, sdeUSD, sUSDX, and USDX. Following the discovery of vulnerabilities affecting these […]
Stream Finance Remains Stable Amid xUSD De-Peg
The recent de-pegging of xUSD has sent ripples through the DeFi market, causing concerns about systemic risks within this space. Despite these challenges, Stream Finance has confirmed its […]
South Korea Embraces Stablecoins, Shifts Focus Away from Memecoins
South Korea is undergoing a major shift in its crypto landscape, moving away from speculative memecoins and toward the stablecoin realm. Major tech players and banks are driving […]
Cathie Wood Adjusts Bitcoin Forecast, Emphasizing Stablecoin’s Rise
ARK Invest CEO Cathie Wood has lowered her 2030 Bitcoin price prediction from $1.5 million to $1.2 million, citing the increasing adoption of stablecoins in emerging markets as […]
Ripple Remains Private, Focuses Growth Through Funding and Partnerships
Ripple has ruled out an immediate IPO, prioritizing a sustained focus on expanding its payments business and stablecoin initiatives. A recent $500 million funding round increased the company’s […]
Hourglass Closes $1.8 Billion Stable Vault Deposits with Strict KYC
Hourglass successfully concluded its second phase of the Stable Vault deposit program, collecting over $1.8 billion from more than 25,000 wallets worldwide. This significant milestone involved strict Know […]