Chinese tech giants JD.com and Ant Group are lobbying China's central bank to approve offshore yuan-based stablecoins, as the global stablecoin race intensifies, according to Reuters.Reuters reported on Thursday, citing sources familiar with the matt
Despite all the talk about stablecoins reshaping finance, JPMorgan is pumping the brakes. In a new report, the bank says the stablecoin market is likely to grow to $500 billion by 2028 - much lower than the $1 trillion to $2 trillion predictions bein
Tron (TRX) is currently navigating a prolonged consolidation phase that began in December 2024, with prices oscillating between key levels and no clear breakout direction in sight. Despite this range-bound action, Tron remains firmly in the spotlight
Crypto firm Ripple is applying for a national bank charter in the United States, its CEO Brad Garlinghouse wrote in a social media post on Wednesday, following a similar move by stablecoin giant Circle .The move reflects a broader push by crypto
BounceBit, a company backed by Binance-affiliated YZ i Labs, said on Wednesday it will offer users tokenized stocks by the fourth quarter."The idea is simple: take real-world public market assets and make them instantly accessible onchain," BounceBit
Stablecoin issuer Circle said it will soon launch Gateway, a new solution that will provide instant cross-chain liquidity for users of USDC, the second-largest stablecoin.Circle stated that users in the current multichain landscape face fundamental c
Bills to regulate stablecoins working their way through Washington put Americans at risk and need bolstering, said New York Attorney General Letitia James in a letter to lawmakers.James, who has led efforts in pursuing actions against crypto firms, s
Today in crypto, the US financial regulator is reportedly weighing a new token listing standard that could ease regulatory hurdles for crypto exchange-traded funds. Meanwhile, German banking giant Deutsche Bank is planning to launch a crypto custody
The Global Dollar (USDG) stablecoin has launched in the European Union, with issuer Paxos claiming compliance with the region’s Markets in Crypto-Assets Regulation (MiCA), as well as oversight from the Finnish Financial Supervisory Authority and Sing
A recent warning from the Financial Action Task Force (FATF) about the rise of stablecoin-related crimes does not pose a threat to the cryptocurrency industry, according to executives at blockchain intelligence firms.The FATF’s call to address rising
The race to accumulate Bitcoin is accelerating as corporations increasingly view the digital asset as a valuable addition to their balance sheets. Beyond publicly traded firms, private companies are joining the movement, including a Norwegian deep-s
Digital asset infrastructure provider Taurus has deployed a private contract for stablecoins designed to offer untraceability and anonymity.Built on the Aztec Network, Taurus’ stablecoin contract combines zero-knowledge proofs with the compliance fea
Key takeawaysStablecoin attestation reports provide third-party verification that each token is backed by real-world assets like cash and US Treasurys.Attestation ≠audit: Attestations are point-in-time checks, not deep financial audits, so users sho
The European Union’s main executive body has taken a soft approach toward stablecoins, contrasting with that of the European Central Bank (ECB) and sparking industry optimism.In response to ECB concerns on potential bank run risks stemming from stabl
When the success of Circle’s public listing made headlines on Wall Street, a lesser-known ruble-pegged stablecoin—launched by a fugitive Moldovan oligarch and a Russian defence-sector bank—was being used for real-world cross-border payments to bypass
US crypto stocks surged alongside the broader market on Tuesday after a shaky ceasefire between Iran and Israel brokered by US President Donald Trump largely held.Trump declared the ceasefire on social media on Monday, claiming it would “go on foreve
Finery Markets has launched a trading infrastructure designed for institutional users of stablecoins. The system aims to mitigate risks associated with stablecoin depegs and improve capital efficiency. It features a private room trading setup, allowi
By Gina HeebThousands of Main Street banks struggling to keep up with crypto's push into mainstream finance will soon get an opening to the rapidly evolving world of stablecoins.Financial-technology giant Fiserv plans to launch a stablecoin and platf
South Korea's KakaoPay saw its shares rise over 200% in the past month amid rising anticipation that the mobile payment services giant will pursue stablecoin-related ventures in the near future. The company is a subsidiary of Kakao, one of the larges
SUI is showing signs of strength despite recent volatility. The token has dropped 14% this week and might face bearish pressure as analysts watch for a breakout.SUI Struggles Below $3 as Traders Watch for BreakoutSUI has witnessed price swings over t