Stablecoins behave like a fragmented foreign exchange market, where liquidity is spread across blockchains and pools, creating price differences and uneven access to dollar liquidity. Moving stablecoins looks simple on…
Stablecoin issuer Circle has launched USDC Bridge, a new user interface built on top of the Cross-Chain Transfer Protocol (CCTP) that seeks to simplify native cross-chain transfers of the USDC stablecoin. On Friday…
Singapore Gulf Bank (SGB) has introduced a service that lets institutional clients mint and redeem stablecoins directly from their bank accounts, using the Solana layer-1 blockchain network to enable round-the-clock…
Roland Lescure, France’s finance minister, backed an initiative by European banks to launch a euro-pegged stablecoin in 2026 to compete with US dollar-backed tokens, which currently dominate the market. According to a…
Tempo unveiled a new “Zones” feature Thursday aimed at giving enterprises bank-style privacy on public stablecoin rails, but not everyone in crypto is convinced the trade-offs are worth it. The payments-focused layer-1…
Circle CEO Jeremy Allaire says there is “tremendous opportunity” for a yuan-backed stablecoin, despite Beijing’s formal moves against most private renminbi-linked stablecoins and commitment to its own digital yuan…
The committee, led by Tether’s head of government affairs, reported spending $3 million on advertising through a company co-founded by Tether US CEO Bo Hines. The latest filing by the crypto-aligned political action…
The Massachusetts Democrat has been critical of private companies, including non-bank entities, issuing their own dollar-pegged stablecoins. US Senator Elizabeth Warren has asked Elon Musk for information on X Money, a…
Societe Generale-FORGE said MetaMask will add its MiCA-compliant USDCV stablecoin, extending distribution for one of Europe’s bank-backed digital dollars. Societe Generale-FORGE, the digital asset arm of French banking…
Bank and crypto lobbyists have both relayed concerns over the latest proposal to end the stalemate on stablecoin yields in the US Senate’s crypto market structure bill, legislation that has been in limbo since the House…
Paxos Labs has raised $12 million in a strategic funding round led by Blockchain Capital to expand its Amplify platform, a suite of tools that lets companies offer crypto yield, lending and stablecoin issuance through a…
The American Bankers Association is concerned that stablecoin yields would lead to mass deposit outflows from smaller community banks. The American Bankers Association (ABA) has criticized a White House report that…