Stablecoins


Finance

Stablecoin Adoption Set to Surge After GENIUS Act, Hit $4T in Cross-Border Volume: EY Survey

With increasing regulatory clarity, 54% of firms in the survey said they plan to adopt stablecoins within the next year.

U.S. dollar (Unsplash, modified by CoinDesk)

Policy

U.S. Treasury Takes Next Step in Turning GENIUS Act Into Stablecoin Regulations

The crypto industry has entered the long slog of rule writing on the stablecoin law, and the Treasury is inviting input on how to deal with illicit activity.

Treasury Department columns and statue (Jesse Hamilton/CoinDesk)

Markets

U.S. Stablecoin Battle Could Be Zero-Sum Game: JPMorgan

Without significant expansion, the new wave of stablecoin launches may simply redistribute market share rather than grow the pie, said the bank.

The chart shows combined market value of top two stablecoins, USDT and USDC. (TradingView/CoinDesk)

Finance

PayPal's $1.3B Stablecoin Expands to 9 New Blockchains With LayerZero Integration

The interoperability protocol is introducing a permissionless version of the token to Aptos, Avalanche, Tron and several other chains.

PayPal logo on iphone screen (Marques Thomas/Unsplash)

Tech

Plasma to Launch Mainnet Beta Blockchain for Stablecoins Next Week

The team claims that the network will debut with more than $2 billion in stablecoin liquidity.

Plasma (Ramon Salinero/Unsplash)

Finance

Tether Co-Founder, Tokenization Pioneer Unveil Startup for GENIUS-Aligned Digital Dollars

STBL transforms tokenized securities such as money market funds into freely usable stablecoins, and allow-listed, interest-accruing NFTs.

Avtar Sehra sits on a chair in front of a microphone (Libre)

Policy

Australia's Financial Watchdog Offers Exemptions to Stablecoin Intermediaries

The exemptions mean intermediaries do not require a a separate Australian financial services license to distribute licensed stablecoins.

View of Sydney harbor with Habor Bridge and opera house. (Caleb/ Unsplash)

CoinDesk Indices

Why We Need More Stablecoins

Stablecoins are quietly rewriting the rules of global finance. They give anyone, anywhere, access to money that moves instantly, across borders, with incentives aligned to users rather than banks.

Biker on street bright

Finance

MoneyGram Makes Stablecoins the Backbone of Its Next-Generation App

Launching first in Colombia, the app will allow users to receive and hold funds in USD-backed stablecoins.

MoneyGram app (MoneyGram)

Finance

Google Teams Up With Coinbase to Bring Stablecoin Payments to AI Apps

The tech giant expands its open-source AI protocol into financial transactions, partnering with Coinbase, the Ethereum Foundation to integrate stablecoin rails.

(Pawel Czerwinski/Unsplash)