Stablecoins

Stablecoins

Regulación

Bank of England’s Proposed Stablecoin Ownership Limits Are Unworkable, Say Crypto Groups: Report

Industry leaders told the Financial Times the plan would be hard to enforce, risk driving business abroad and mark the U.K. as tougher than the U.S. or the EU.

Bank of England (Robert Bye / Unsplash / Modified by CoinDesk)

Finanzas

Tether Unveils USAT Stablecoin for U.S. Market, Names Bo Hines to Lead New Division

The token was designed to meet the U.S. stablecoin issuance standard, with Anchorage Digital and Cantor Fitzgerald supporting issuance and reserve management.

Tether (CoinDesk)

Mercados

Asia Morning Briefing: Native Markets Leads Early Voting for Hyperliquid’s USDH Stablecoin Contract

Stripe-linked proposal draws early validator support despite community pushback.

Vote, E-Voting

Finanzas

LitFinancial Introduces Stablecoin on Ethereum to Streamline Mortgage Lending

Developed with Brale and Stably, litUSD aims to cut costs, improve treasury management and potentially used for on-chain settlement of mortgage payments.

Coin98 joins a growing roster of DeFi protocols crafting their own stablecoin. (Unsplash, modified by CoinDesk)

Finanzas

Minnesota Credit Union to Launch Stablecoin; Claims to Be First in U.S.

St. Cloud Financial Credit Union's upcoming token highlights how smaller financial institutions may tap stablecoins to be competitive following U.S. regulatory clarity.

Minnesota sign

Mercados

Bakkt Rated Buy With 44% Upside on Stablecoin Growth Potential: Clear Street

The company has sold non-core units to streamline into a blockchain-native payments platform, said Clear Street.

Stylized network of light focii covering Earth (geralt/Pixabay)

Finanzas

Ethena Joins Race for Hyperliquid's Stablecoin With BlackRock-Backed Proposal

Ethena's proposed stablecoin promises to return 95% of revenue to Hyperliquid’s ecosystem.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Mercados

Ethena's ENA Rallies to 7-Month High on Binance Listing Fueling $500M Buyback Hopes

Listing the protocol's USDe token on major exchanges like Binance is a key requirement to enable a mechanism to share protocol revenues with token holders.

Charts signal 2024-like massive BTC bull run ahead. (NASA-Imagery/Pixabay)

Mercados

Sky Pitches Genius-Compliant USDH Stablecoin With $8B Balance Sheet and 4.85% Yield

Formerly MakerDAO, Sky joins Paxos, Frax, Agora and Native Markets in the fight for Hyperliquid’s stablecoin contract.

(Adam Nir/Unsplash)

Mercados

Circle's USDC Market Share 'On a Tear,' Says Wall Street Broker Bernstein

USDC supply has surged to $72.5 billion, 25% ahead of Bernstein’s 2025 estimates.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)