Stablecoins
The Node: Stablecoin Supremacy
There’s a really solid chance the House of Representatives will be passing the much-awaited GENIUS Act on Thursday, so it’s time for us to look at stablecoins.
Gaming Studio Snail Explores Developing U.S. Dollar Stablecoin
The gaming publisher is evaluating the feasibility of a proprietary stablecoin and has hired external consultant.
Jamie Dimon Says JPMorgan to Get More Involved With Stablecoins
Speaking on his bank's second quarter earnings call, the famous crypto skeptic acknowledged that stablecoins are "real."
Citigroup CEO Confirms the Bank Is ‘Looking at the Issuance of a Citi Stablecoin’
Jane Fraser told analysts the bank is evaluating stablecoin issuance and advancing tokenized deposit solutions as part of a broader digital finance strategy.
UK Commits to Enabling DLT, Tokenization Work in its Wholesale Strategy
Regulators will also explore how stablecoins can be utilized in the new Digital Securities Sandbox.
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.
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.
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.
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.
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.
