Stablecoins
Coinbase Reaps Growing Rewards from Circle Ties and USDC Economics: JPMorgan
In the first quarter of this year alone, Coinbase earned roughly $300 million in distribution payments from Circle, and that's just the start.
ECB Says U.S.-Backed Stablecoin Use in EU Could Weaken Its Monetary Autonomy
U.S. dollar stablecoins will cement their dominance unless alternatives like the digital euro arise, an adviser to the European Central Bank said.
Zodia Markets Raises $18.25M to Fuel International Expansion, Stablecoin Payments
The Series A funding round was led by Pharsalus Capital and included contributions from Circle Ventures, The Operating Group and XVC Tech
Stablecoin Supply to Grow as Much as $75B Following Passage of GENIUS Act, BofA Says
The bank expects further adoption of tokenized assets and money market mutual funds once the crypto market structure bill, the CLARITY Act, becomes law.
Crypto Industry Asks President Trump to Stop JPMorgan’s 'Punitive Tax' on Data Access
A coalition of fintech and crypto trade groups is urging the White House to defend open banking and stop JPMorgan from charging fees to access customer data.
Asia Morning Briefing: Animoca Exec Says U.S. Heat Is Pushing China's Stablecoin Agenda
Beijing once warned of stablecoin risks. Now it’s turning to them to help stem the growth of U.S. dollar-pegged tokens in Asia.
The Market Has Become 'Overly Excited' for Stablecoins, Hong Kong Financial Regulator Says
Only a few stablecoin licenses will be issued, Hong Kong Monetary Authority CEO Eddie Yue said.
Western Union CEO Views Stablecoins as an Opportunity, Not a Threat: Bloomberg
"Last I checked, you couldn't spend stablecoin if you wanted to buy a Coca Cola," Western Union CEO Devin McGranahan said
Institutions Are Driving Ethereum's 'Comeback'
ETH's price has more than doubled in value since April aided by institutions betting on stablecoins and tokenization, corporate treasuries and L2s.
Bitmine's Tom Lee Predicts Ether Hitting $15K, With Ethereum Emerging as Wall Street's Favored Blockchain
Stablecoins brought a ChatGPT moment for crypto adoption, driving Wall Street demand for Ethereum, the Fundstrat co-founder and Bitmine chairman said in a CoinDesk interview.
