
UK’s Capped Stablecoins Could Lead to Caged Innovation
When people hold lots of stablecoins, it could hurt traditional banks. The UK’s BoE wants to limit how much one person or company can hold.
When people hold lots of stablecoins, it could hurt traditional banks. The UK’s BoE wants to limit how much one person or company can hold.
Trump’s family DeFi project, World Liberty Financial, minted $205 million worth of its USD1 stablecoin, taking the total supply to a record $2.4 billion.
Wyoming becomes the first US state to deploy a government-backed stablecoin, the Frontier Stable Token (FRNT), across seven major blockchains including Ethereum and Solana.
Citi considers launching custody services for stablecoins and crypto ETF assets, leveraging Trump’s GENIUS Act requirements and targeting Coinbase’s 80% market share.
Ripple announced the acquisition of Toronto-based stablecoin payments platform Rail to strengthen its RLUSD stablecoin infrastructure.
Conflux rallied 28% following its partnership announcement for the AxCNH offshore yuan stablecoin launch in Singapore and Malaysia, driving trading volume up 128% amid bullish technical indicators.
America’s first federally chartered crypto bank Anchorage Digital teams with Ethena Labs to bring USDtb stablecoin to the US market under new GENIUS Act regulatory compliance.
Tether is finalizing its return to the US market following the GENIUS Act passage, with CEO Paolo Ardoino confirming institutional payment focus during Bloomberg interview.
Western Union CEO Devin McGranahan revealed plans to integrate stablecoins into the company’s global payments infrastructure.
Charles Schwab Corporation revealed intentions to launch direct cryptocurrency trading services and explore stablecoin offerings during its July 18 earnings call, marking a significant expansion into digital assets.
Arthur Hayes expects Bitcoin to dip to $90,000 before rebounding strongly, fueled by a wave of liquidity from upcoming US bank-issued stablecoins.
Eight of South Korea’s leading banks have teamed up to launch a stablecoin pegged to the Korean won, marking a bold step toward digital asset adoption
Circle’s market cap has climbed above $62.9 billion, now surpassing the value of its own USDC stablecoin supply near $61 billion. The surge follows Senate approval of stablecoin regulation legislation.
A crypto investor has lost $2.6 million worth of stablecoins in double zero-value transfer scams.
Officials report that stablecoin made up almost half of South Korea’s cryptocurrency outflows in the first quarter.