Stablecoins

Stablecoins

Markets

ProShares' stablecoin-ready ETF sees $17 billion debut, sparking speculation about Circle

Analysts speculated that a large issuer like Circle might be moving reserve assets en masse into the ETF, but data show otherwise.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Policy

SEC makes quiet shift to brokers' stablecoin holdings that may pack big results

The securities regulator has continued its Project Crypto work to make unofficial policy changes as it moved to let broker-dealers treat stablecoins as capital.

U.S. Securities and Exchange Commission (Jesse Hamilton/CoinDesk)

Policy

Fed's Neel Kashkari calls crypto 'utterly useless,' dismisses stablecoins as 'buzzword salad'

The Minneapolis Fed president said stablecoins don’t beat Venmo and argued crypto fails basic real-world tests.

Minneapolis Federal Reserve Bank President Neel Kashkari (Fox News)

Finance

Illicit networks accounted for $141 billion of the trillions of stablecoin volume in 2025

Sanctions-related activity accounted for 86% of illicit crypto flows last year, with most of those flows routed through stablecoin platforms, according to TRM Labs.

Cyber crime (satheeshsankaran/Pixabay, modified by CoinDesk)

Finance

The bank of the future: 77% of stablecoin users say they’d open a wallet with their bank today

YouGov survey published by Coinbase and BVNK also found that 71% of users would use a stablecoin-linked debit card as a means of spending them.

Wallet with bank cards (Steve Buissinne/Pixabay, modified by CoinDesk)

Finance

Stripe's stablecoin firm Bridge wins initial approval of national bank trust charter

The U.S. banking license would allow Bridge to issue and manage stablecoins under direct federal oversight.

Bridge co-founder Zach Abrams and Sean Yu (Bridge)

Finance

UK crypto rules too slow to support global hub ambitions, says Agant CEO

Regulatory delays risk blunting Britain’s digital asset push, said Andrew MacKenzie, head of the pound-pegged stablecoin developer.

Agant CEO Andrew MacKenzie. (Olivier Acuna/Modified by Coindesk)

Markets

'We do not do illegal things': Inside a U.S.-sanctioned stablecoin issuer's race to build a crypto giant

Oleg Ogienko, the public face of A7A5, pitched the ruble-pegged stablecoin as a fast-growing trade rail built to move money across borders despite sanctions pressure.

Oleg Ogienko, director for regulatory and overseas affairs at A7A5, at Consensus in Hong Kong (provided)

Finance

From Wall Street to Web3: This is crypto’s year of integration, Silicon Valley Bank says

From bank-led stablecoins to tokenized T-bills and AI-powered wallets, digital assets will move from pilot projects to financial plumbing this year.

Wall street signs, traffic light, New York City

Finance

Galaxy’s Steve Kurz sees ‘great convergence’ driving crypto’s long-term outlook

The firm's asset-management chief says the recent crypto selloff reflects healthy deleveraging, while infrastructure growth and institutional adoption support a bullish outlook.

Steve Kurz on CoinDesk TV