Stablecoin

Stablecoin

Opinion

The GENIUS Act Won't Save the Dollar

U.S. stablecoin regulations will fuel local alternatives, not dollar dominance, Central Chain co-founder Ian Estrada argues.

Photo by Vladislav Klapin/Unsplash/Modified by CoinDesk

Finance

Fireblocks Dives Further Into Stablecoins With Intro of In-House Payments Network

The stablecoin network is designed to provide higher efficiency and lower risk than currently exists when providers use more fragmented and disperse systems.

Left to right: Fireblocks co-founders Pavel Berengoltz, Michael Shaulov and Idan Ofrat. (Fireblocks)

Finance

Utila Raises $22M, Triples in Valuation as Stablecoin Infrastructure Demand Surges

Circle's IPO and Stripe acquiring stablecoin startup Bridge were the "bitcoin ETF moments" for stablecoin adoption, Utila CEO Bentzi Rabi said in an interview.

Utila founders Sam Eiderman, CTO, and Bentzi Rabi, CEO (Utila)

Markets

Asia Morning Briefing: Are Stablecoins an 'Engine of Global Dollar Demand' or a 2008-Style 'Liquidity Crunch'?

Some might say they are boring, but stablecoins are becoming a lever on Treasury liquidity — and a source of debate over whether they steady or strain markets.

Rolls of dollar bills of varying denominations. (NikolayFrolochkin/Pixabay)

Finance

Citi Says Stablecoins and AI Could Drive Post-Trade Shakeup

Citi’s survey of 537 industry leaders points to tokenization, T+1 adoption and GenAI reshaping trade processing.

Close up of Citigroup logo on the side of a building.

Markets

Polygon Leads Crypto Gains With 16% Weekend Surge as CoinDesk 20 Index Holds Steady

Technical models flag bullish momentum, with support emerging around $0.277–$0.278.

CoinDesk 20 Index constituents (CoinDesk Indices)

Markets

Yen-Backed Stablecoin Can’t Come at a Better Time as BOJ Seen Raising Rates

Top bankers and economists expect the BOJ to hike rates in the fourth quarter, boosting the appeal of yen and yen-backed assets.

Bank of Japan Governor Kazuo Ueda (Tomohiro Ohsumi/Getty Images)

Finance

Gemini Targets XRP Army With New Credit Card, Expands Ripple USD Use for U.S. Customers

Making preparations to go public, the firm — founded by the Winklevoss twins — is ramping up offerings.

Cameron and Tyler Winklevoss at the White House on July 18, 2025. (Jesse Hamilton/CoinDesk)

Opinion

GENIUS was just the prologue. Stablecoins represent a platform shift in payments. The stage is set.

Shan Aggarwal says the crypto industry is still underselling how fast and forceful the shift to the stablecoin standard will be, and how quickly AI will accelerate it.

U.S. Capitol Building (Getty Images/Tim Graham)

Policy

U.S. Blacklists Crypto Network Behind Ruble-Backed Stablecoin and Shuttered Exchange Garantex

U.S. officials accused Garantex, Grinex, A7A5 token issuers and executives of laundering ransomware proceeds and evading sanctions.

Moscow.