Stablecoins

Stablecoins

Opinion

Customers are benefitting from the global stablecoin arms race — but that won’t last forever

It would be a mistake to see the incoming wave of aggressive APYs as the new baseline, according to Ron Tarter, CEO of MNEE. This is merely the promotional phase of stablecoins.

Money (Unsplash/Alexander Grey/Modified by CoinDesk)

Finance

HR services provider Gusto taps Zerohash to speed up global payouts with stablecoins

Payroll and HR platform Gusto is piloting stablecoin payouts powered by Zerohash, aiming to cut cross-border payment times.

Stablecoin networks (Unsplash, modified by CoinDesk)

Finance

Crypto card spending hits $18 billion annualized as stablecoin use shifts to everyday payments

Artemis research shows crypto credit and debit card spending is now rivaling peer-to-peer stablecoin transfers, with Visa capturing most on-chain volume through early infrastructure partnerships.

Crypto card payments. (Photo by Thriday on Unsplash/Modified by CoinDesk)

Finance

Citrea unveils U.S. Treasury-backed stablecoin for its Bitcoin ecosystem

The first stablecoin issued through MoonPay’s launchpad aims to solve liquidity fragmentation by issuing natively on Citrea.

(Photo by CoinWire Japan on Unsplash/Modified by CoinDesk)

Finance

Bank of America CEO says stablecoins could drain trillions in bank deposits

BofA CEO Brian Moynihan echoed other banks in warning that $6 trillion in bank deposits were at stake, even as he said the bank will “be fine.”

Bank of America. (Photo: BofA Press Center / Modified by CoinDesk)

Policy

Crypto bill delay 'may ultimately be constructive' for final product, Benchmark says

Delayed markups could give Congress time to resolve issues that may determine how, and whether, institutions fully enter U.S. crypto markets, broker Benchmark said.

The U.S. Capitol.

Finance

Societe Generale works with Swift to settle tokenize bonds using cash and stablecoins

The bank’s digital asset division SG-FORGE used its MiCA-compliant EUR CoinVertible stablecoin.

SocGen sign outside an office building

Tech

The Protocol: Vitalik Buterin flags stablecoin design flaws

Also: Zcash token falls after developer quits, Smart Cashtags and BTC quantum computing defense

Vitalik Buterin

Finance

Pakistan signs deal with WLFI-linked crypto business for cross-border payments

The agreement would explore integrating a dollar-backed stablecoin into Pakistan’s regulated payments system as the country ramps up plans for digital currency and virtual-asset rules.

Aerial view of Islamabad, Pakistan. Jessica Anderson on Unsplash

Finance

Visa teams up with BVNK to launch stablecoin payouts

The new feature lets companies send money to digital wallets instantly, even outside banking hours.

CoinDesk