Stablecoins

Stablecoins

Policy

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.

JPMorgan CEO Jamie Dimon (CoinDesk Archives)

Markets

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)

Policy

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)

Finance

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)

Tech

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)

Markets

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)

Markets

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)

Opinion

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)

Policy

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