Stablecoin
Cloudflare Unveils U.S. Dollar Stablecoin for AI-Powered Internet Economy
The cloud company said the token, dubbed NET Dollar, will enable instant, global transactions for autonomous agents online.
Circle Examines Ways to Reverse Transactions to Counter Fraud, Disputes: FT
Circle is "thinking through ... whether or not there's the possibility of reversibility of transactions," President Heath Tarbert said in an interview
PayPal Taps Spark to Boost PYUSD Liquidity by $1B Through DeFi Lending
Partnership targets deep liquidity for PayPal USD on SparkLend, with $100M already deposited
Nine European Banks Join Forces to Issue MiCA-Compliant Euro Stablecoin
The banks involved in the new euro-denominated stablecoin are: ING, Banca Sella, KBC, Danske Bank, DekaBank, UniCredit, SEB, CaixaBank and Raiffeisen Bank International.
Coinbase, Sony and Samsung Back $14.6M Round for Stablecoin Startup Bastion
The firm white-label stablecoin systems, enabling companies to issue digital dollars without coding or their own regulatory licenses.
Hyperliquid's Newly Launched USDH Stablecoin Sees Over $2M Volume in Early Trading
USDH, backed by cash and U.S. Treasury securities, aims to reduce dependency on external stablecoins.
Asia Morning Briefing: Capital Controls Doom Asia’s Stablecoin Dreams—Except in Hong Kong
Most currencies in the region are locked in by capital controls. Hong Kong's unique status as an autonomous part of China means its currency is available around the world.
OKX Offers 4.1% Yield on USDG as Stablecoin Competition Heats Up
OKX is responding to intensifying competition for stablecoin dominance, describing stablecoins as crypto's "connective tissue"
The GENIUS Act is already law, and banks shouldn't try to rewrite it now
Legacy financial firms should embrace competition, not try to kneecap emerging players through anti-innovation regulations, Blockchain Association CEO Summer K. Mersinger argues.
Bitcoin Traders Should Pay Attention to Japan as Top Economist Warns of Debt Implosion
Debt implosion risks could drive demand for alternative financial escape valves like cryptocurrencies and stablecoins.
