Stablecoins
Uniswap, Spark aim to build stablecoin FX market as banks, fintechs enter the industry
The protocols are building shared liquidity and trading infrastructure for a future with hundreds of competing digital currencies on blockchain rails.
Circle and Nomura join forces to target a $440 billion daily foreign exchange market in Japan
The stablecoin giant and the Japanese financial corporation plan to deploy cross-border foreign exchange settlements as early as next year.
Chainlink teams up with 47 South Korean, European banks to speed up international money transfers
The alliance, called Project Pangea, plans to use stablecoins to settle multimillion-dollar currency trades between Europe and South Korea in near real time.
The ECB digital euro takes step forward after winning key European Parliament vote
EU lawmakers backed a legal framework to develop an ECB digital currency by 2029 so the continent can stop relying entirely on U.S. credit card and stablecoin giants.
MoneyGram joins Solana as validator amid stablecoin payment push
The remittances firm has become a validator on the Solana blockchain, helping process and secure transactions as it expands its stablecoin payments strategy.
Bank of England backs down on strict stablecoin holding limits, sets $50 billion issuance cap
The U.K. central bank abandons retail holding limits for a 40-billion-pound aggregate cap and sweetens yield terms for token issuers ahead of a 2027 market launch.
U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch
The Federal Reserve, Treasury and other regulators have issued a proposed rule that would set identification standards, and it's now open for public comments.
Next bull run will be slower, less volatile as investors' crypto appetite evolves, Bitwise CIO says
Long-time bitcoin bull Matt Hougan told CoinDesk that during this bear market and with ‘doubts swirling’, investors have found ‘it easier to reach for something more tangible:’ stablecoins and tokenization.
Fidelity joins Wall Street's race to manage stablecoin reserves
Following State Street, Fidelity is targeting reserve assets that underpin the expanding stablecoin market.
BitGo stock surges on $50 million share buyback as value languishes 65% below IPO price
The buyback comes as newly public digital-asset firms face a tougher environment, with crypto markets lagging and investor attention shifting toward AI stocks.
