Stablecoins

U.S. FDIC Chief Says First GENIUS Act Regulations Heading for Proposal This Month
FDIC Acting Chairman Travis Hill is set to testify at a House hearing that his agency is ready to propose a stablecoin application rule before the month is out.

Canada Eyes Stablecoin Rules as Scotiabank Flags Limited Market Impact
Scotiabank said Ottawa’s move toward a stablecoin framework is more about modernizing payments than reshaping broader financial markets.

Israel’s Central Bank Signals Improved Stablecoin Oversight as Digital Shekel Plans Advance
Bank of Israel Governor Amir Yaron said stablecoins can no longer be viewed as marginal, citing their trillion-dollar trading volumes and growing systemic risks.

Stablecoins Drive 90% of Brazil’s Crypto Volume, Tax Authority Data Shows
A new reporting system, DeCripto, will be introduced in July 2025 to track crypto transactions.

Ripple’s RLUSD Stablecoin Wins Key Regulatory Green Light in UAE
The designation means licensed firms can use the dollar-pegged token for regulated activities, placing it into a small group of tokens permitted by the ADGM’s ring-fenced financial system.

A New Crypto Project Vowed to Transform Stablecoins. Then Its Token Crashed 90%
The stablecoin infrastructure hopeful is trading nearly 90% below its early peak, with thin usage, supply pressure and sparse communication fueling uncertainty about whether the sell-off has truly run its course.

ECB Doubles Down on Warning That Stablecoins Could Pose Global Financial Risks
The EU’s central bank says stablecoins draw value from eurozone banks and could pose a risk to global financial stability.

Could Stablecoins Spark a New Contagion? BIS Warns, Coinbase Pushes Back
Not all agree with some recent sentiment that stablecoins pose a threat to global financial stability.

Stablecoin Spending Goes Mainstream With Opera MiniPay’s LatAm Integration
The feature connects USDT balances to PIX and Mercado Pago, enabling users to pay with QR codes and converting to local currency instantly.

Canada Approves Budget That Advances Policy for Stablecoins
The Canadian government narrowly won favor in Parliament for its budget push that includes a new policy governing stablecoins.

