Stablecoins


Markets

Stablecoins May Reshape U.S. Treasury Market at $750B Threshold, Standard Chartered Says

Analyst Geoff Kendrick said stablecoins could hit $750 billion by 2026, pressuring debt issuance and USD demand.

(Sean Pollock/Unsplash)

Policy

FSB Chair Makes Stablecoins a Priority Ahead of G20 Meeting

Andrew Bailey said the FSB should continue implementing its agreed stablecoins recommendations and monitor developments in this area across jurisdictions.

FSB Chair Andrew Bailey (WPA Pool / Getty Images)

Opinion

The Node: GENIUS, Clarity and a CBDC Ban

We’ve got a big week ahead of us in terms of U.S. crypto legislation, so I asked Katherine Dowling, general counsel at Bitwise, to give us a rundown.

US Capitol (Shutterstock)

Policy

House Gears Up for Crypto Market Structure Vote on Wednesday, Stablecoins Thursday

The Clarity Act is set for a Wednesday afternoon vote in the U.S. House, according to industry lobbyists, and the GENIUS Act may get a Thursday morning vote.

U.S. Congress (Jesse Hamilton/CoinDesk)

Markets

AAVE Surges as Deposits Hit $50B; Poised to Benefit From U.S. Crypto Regulation

The bluechip DeFi token hit its strongest price in five months, gaining 8% over the weekend.

AAVE price on July 14 (CoinDesk)

Finance

Alibaba Founder-Backed Ant Group to Integrate Circle’s USDC on Its Blockchain

The move is part of Ant's broader effort to build a platform that supports various forms of digital currencies, including tokenized assets.

Circle's logo on a building (Sandali Handagama/ CoinDesk)

Policy

Australia's Central Bank to Explore Developing Wholesale Tokenized Asset Markets

Issuance of pilot wholesale CBDC for testing the use cases will take place on different blockchain platforms, such as Hedera and R3 Corda.

Australia's government is taking a deliberate approach toward creating crypto laws. (Unsplash)

Finance

Monad Acquires Portal Labs to Expand Stablecoin Payments on High-Speed Blockchain

Raj Parekh, Portal co-founder and a former Visa crypto director, will lead Monad’s stablecoin strategy following the acquisition.

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

Policy

Crypto Industry Pitches Market Structure Ideas to U.S. Senators in Hearing

In the runup to 'Crypto Week' in the House next week, a Senate Banking Committee hearing dug into policy ideas as Senator Warren flagged Trump "corruption."

Ripple CEO Brad Garlinghouse prepares to testify in the Senate (Jesse Hamilton/CoinDesk)

News Analysis

U.S. House Ditching Its Stablecoin Bill to Back Trump's Choice From Senate

Heading into next week's "Crypto Week" on Capitol Hill, the House of Representatives is lining up a few votes as it puts its major focus on the Stability Act.

Rep. French Hill (Nikhilesh De/CoinDesk)