Stablecoins


Policy

Thailand Regulator Adds USDC, USDT Stablecoins to Approved Cryptocurrencies

Previously, only bitcoin (BTC), ethereum (ETH), XRP, stellar (XLM) and certain tokens used in the Bank of Thailand’s settlement system were approved.

Bangkok, Thailand (Noom HH/Getty Images)

Markets

Stablecoin Market Cap Tops $200B as U.S. Sees Industry Helping Maintain Dollar Dominance

Stablecoins have surged since the U.S. election amid economic shifts and U.S. Treasury strategy.

Stablecoin market cap (Glassnode)

Policy

U.S. Treasury's New Crypto Point Person Says Stablecoin Law a Good First Goal

Tyler Williams, an ex-industry lawyer hired as crypto counselor for Treasury Secretary Bessent, said there's a ton of inside work to be done in the department.

U.S. Treasury Department's Tyler Williams, crypto counselor

Finance

Bank of America CEO Says Bank Will Likely Launch Its Own Stablecoin

The United States Congress said that it would push to pass legislation on stablecoins in the first 100 days of the Trump administration.

Bank of America CEO Brian Moynihan (John Lamparski/Getty Images)

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Policy

Circle CEO Jeremy Allaire Wants Dollar-Backed Stablecoins to Register in U.S.: Bloomberg

“It shouldn’t be a free pass, right?” Jeremy Allaire, a co-founder of stablecoin issuer Circle said.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Policy

Dubai Approves Circle's Stablecoins USDC and EURC for Use in DIFC

The Dubai Financial Services Authority (DFSA) approved USDC and EURC as recognized crypto tokens within the Dubai International Financial Centre.

Circle's logo on a building (Sandali Handagama/ CoinDesk)

Markets

U.S. Stablecoin Adoption Is Being Hindered by a Lack of Regulation, S&P Says

Institutional use of these cryptocurrencies will increase once rules are in place, the report said.

(Credit: iStockPhoto)

Markets

Tether May Have to Sell Some Bitcoin to Comply With U.S. Stablecoin Rules: JPMorgan

Company data suggests that Tether's reserves are 66% compliant under the STABLE Act and 83% under the GENIUS Act, the report said.

JPMorgan building (Shutterstock)

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Markets

Circle's USDC Hits Record Market Cap Over $56B as Stablecoin Demand Soars

USDC and USDT minting accelerated in the past weeks, providing a bullish signal for crypto markets despite declining token prices.

USDC market capitalization (CoinDesk Data)

CoinDesk Indices

Stablecoin Revolution: Challenging Risk-Free Rates With On-Chain Money Markets

DeFi’s base rate for lending stablecoins is a structural shift that challenges traditional finance by demonstrating the sustainability of high-yield, low-risk on-chain money markets, says Index Coop’s Crews Enochs.

City pedestrians business people