Stablecoins
Stablecoin volumes to reach $719T by 2035 as generational wealth shift speeds up crypto adoption
Massive transfer of wealth to younger, crypto-native users and rising payment volumes challenge dominance of Visa and Mastercard
Banks are treading carefully on stablecoins despite market growth, S&P Global says
Most U.S. lenders remain in a wait-and-see mode as deposit risks, regulatory shifts and new competition complicate strategy, according to the report.
Iran's crypto tanker tolls are the latest step in its sanctions‑busting trade network
The Iranian regime has been increasingly using cryptocurrency over the last few years to facilitate cross border oil trading, according to data from Chainalysis.
U.S. Treasury proposes demands that stablecoin firms be set to police bad transactions
The U.S. is pitching new rules for stablecoin issuers to treat them like every other financial firm that must maintain armor against illicit uses.
White House study bolsters crypto's stance in stablecoin yield fight against bankers
White House economists said banning rewards wouldn't significantly boost banks' financial health, amplifying the crypto industry view in the Clarity Act debate.
Six Swiss banks join forces to build a unified digital franc
The initiative brings major lenders together to trial Swiss franc stablecoin in controlled environment with real transactions
Jamie Dimon says JPMorgan must move faster as tokenization reshapes finance
“A whole new set of competitors is emerging based on blockchain," said Dimon in his annual letter to shareholders.
Circle under fire after $285 million Drift hack over inaction to freeze stolen USDC
Prominent blockchain sleuth ZachXBT alleged faster action by Circle could have limited crypto losses, but freezing asset without legal authorization carries legal risks.
Hong Kong hasn’t issued a single HKD stablecoin license after March target
Officials flagged March for initial approvals, but licensing has yet to begin with no updated timeline
Why 12 European banks are teaming up to save the euro from digital dollarization
In an interview with CoinDesk, the CEO of a 12-member consortium explains why Europe is racing to put the euro onchain and compete with dollar dominance in crypto markets.
