Stablecoins

Stablecoins

Finance

Tether invests $100 million in U.S. crypto bank Anchorage, valued at $4.2 billion

Anchorage Digital is the firm issuing Tether's USAT stablecoin, designed for the U.S. market.

Tether CEO Paolo Ardoino (Modified by CoinDesk)

Policy

Brazil moves to ban algorithmic and other stablecoins like Ethena’s USDe

New legislation requires all stablecoins to be fully backed by reserve assets and introduces penalties for issuing unbacked, algorithmic or other stablecoins.

Brazil's flag (Rafaela Biazi/Unsplash/Modified by CoinDesk)

Finance

Spanish lender BBVA joins EU banks' stablecoin venture to challenge digital dollars

The $800 billion-asset bank is the 12th to join Amsterdam-based Qivalis, which aims to introduce a euro-pegged token this year.

The EU seeks to put savings caps on the digital euro.

Markets

Tether scales back $20 billion funding ambitions after investor resistance: FT

Advisers are now discussing a smaller fundraising of roughly $5 billion, as prospective backers question both the size of the deal and Tether’s lofty valuation.

Tether CEO Paolo Ardoino (Modified by CoinDesk)

Markets

CoinDesk Research: U.S. leads institutional crypto, Asia rules trading ahead of Consensus Miami

Asia leads across key crypto metrics, but the U.S. is building the institutional engine for the next adoption wave as Latin America shows real-world utility can scale.

Consensus Miami

Policy

Hong Kong will start granting stablecoin issuer licenses in March: Reuters

Eddie Yue Wai-man, chief executive of the Hong Kong Monetary Authority (HKMA), said only a very few stablecoin licenses would be issued initially.

Hong Kong Harbor (Shutterstock/Modified by CoinDesk)

CoinDesk Indices

Crypto for Advisors: banks and digital money

Banks are embracing stablecoins and tokenized deposits as a means to upgrade their financial infrastructure, but they are approaching the two technologies differently.

 Point Normal

Markets

Fidelity Investments starts its own stablecoin in a massive bet that future of banking is on blockchain

The FIDD token will run on Ethereum, serve institutional and retail users, and comply with the new GENIUS Act’s reserve rules.

(Bill Tompkins/Getty Images)

Finance

Standard Chartered says U.S. regional banks most at risk in $500 billion stablecoin shift

The delay of market structure legislation highlights a growing threat to domestic lenders as digital dollars begin to cannibalize traditional bank deposits.

Stablecoin networks (Unsplash, modified by CoinDesk)

Finance

Tether takes the fight to Circle with a new 'made in America' stablecoin

The new token is issued by Anchorage Digital Bank and designed to comply with the GENIUS Act, targeting institutional demand for a U.S.-regulated digital dollar.

Tether CEO Paolo Ardoino at White House