Stablecoins

Stablecoins

Markten

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.

Evan Auyang, president of Animoca Brands, speaks in an interview at the company's new Web3 workspace in Hong Kong (Chris Lam/CoinDesk)

Beleid

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.

Hong Kong harbor during a sunrise (Manson Yim/Unsplash)

Financiën

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

A Western Union sign above a shop. (Shutterstock)

Technologie

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.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Markten

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.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Markten

Conflux's CFX Price Doubles on Stablecoin Reveal, Upgrade Plans

Conflux is working with AnchorX and Eastcompeace Technology on a stablecoin pegged to the offshore yuan aimed at cross-border Belt and Road Initiative corridors.

Shanghai office blocks and a Chinese flag (asiastock/Shutterstock)

Opinie

The Node: The Mad Journey from Terra to GENIUS

It’s bonkers to see how much the industry has changed since our annus horribilis of 2022. Perhaps a recap wouldn’t be amiss.

(White House/modified by CoinDesk)

Beleid

U.S. House's 'Crypto Week' Shifts Toward Getting All Legislation Out Thursday

A Republican clash over a CBDC ban momentarily delayed the industry's two legislative priorities, but the House set a long Thursday session to make up for it.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

CoinDesk Indices

Crypto for Advisors: Crypto Week: What Does it Mean for Advisors?

As we enter the second half of 2025, dive into Crypto Week and how the crypto industry is evolving into a core financial infrastructure.

CoinDesk

Financiën

Bank of America Joins Stablecoin Rush as CEO Moynihan Says Work Already Underway

Speaking on the second quarter earnings call, Brian Moynihan said the bank plans to act when the time is right.

Bank of America CEO Brian Moynihan on Fox Business in March. (Getty Images)