Stablecoins

Stablecoins

Pananalapi

Abra’s Bill Barhydt says Wall Street’s next crypto bet is tokenization

As Abra prepares for a Nasdaq debut, CEO Bill Barhydt is betting tokenized yield products and onchain lending will drive the next phase of crypto wealth management.

Abra's Bill Barhydt

Opinyon

Meta is paying creators in Stablecoins. Spending them is someone else's problem

Meta’s decision to pay creators in USDC validates stablecoins as a mainstream disbursement tool, Joslyn suggests, but it also exposes the industry’s unresolved problem: moving seamlessly from digital dollars to usable local currency.

Meta headquarters

Pananalapi

America’s largest banks are building a new digital currency network to stop a massive deposit drain

America’s biggest banks are launching tokenized deposits to compete with stablecoins, opening a new front in the race to become the dominant form of cash on blockchain networks.

Wall Street. (Chenyu Guan/Unsplash)

Mga video

'I will not vote for Clarity until we address ethics': Sen. Angela Alsobrooks

Senator Angela Alsobrooks joins hosts Rebecca Rettig and Renato Mariotti to discuss the three outstanding issues she needs resolved before voting Clarity off the Senate floor. Plus, insights into Jamie Dimon's criticism over stablecoin yield. And, former Congressman George Santos named person of the week for the Kalshi insider trading investigation.

'I will not vote for Clarity until we address ethics': Sen. Angela Alsobrooks

Merkado

'Dr. Doom'-backed Atlas Capital CEO says bitcoin could crash 70% before reaching $500,000

Backed by economist Nouriel Roubini, a long-time anti-bitcoin advocate, and known as 'Dr. Doom,' the Atlas CEO, Reza Bundy, shot a short-term warning for bitcoin but stayed bullish in the long-term.

Atlas CEO Reza Bundy predicts a massive financial crisis is incoming, which will send bitcoin down below the $30,000 level. (Olivier Acuna/CoinDesk)

Patakaran

Russia sanctions British teenager for alleging A7A5 use in funding Ukraine war

The A7A5 stablecoin was designed to bypass sanctions imposed on Russia following its invasion of Ukraine in 2022.

The Kremlin in Moscow (Artem Beliaikin/Unsplash)

Merkado

Apyx's STRC collateralized stablecoin suffers a brief depeg. Protocol says its a feature, not bug

Apyx’s apxUSD stablecoin briefly slipped to 93 cents Wednesday.

Ship on turbulent waters. (Pixabay)

Pananalapi

Payment giants Stripe, Visa, Mastercard said to be among backers of soon-to-debut stablecoin platform

U.S. crypto exchange Coinbase is also said to be looking into the possibility of participating in the new stablecoin platform.

A cellphone held near a card reader (NFC)

Patakaran

UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions

The Bank of England proposed limits of 20,000 pounds per coin for individuals and 10 million pounds for businesses.

Houses of Parliament, London (Drop of Light/Shutterstock)

Pananalapi

Coinbase backs Ethena ahead of savings product launch for exchange's 100 million users

Coinbase Ventures, the exchange's venture arm, bought Ethena tokens on the open market as the protocol is set to roll out a Coinbase integration next week.

Coinbase (appshunter.io/Unsplash)