Stablecoins
Asia Morning Briefing: Stablecoins Offer Beijing What e-CNY Can’t in Cross-Border Use, Economist Says
Dollar dominance thanks to stablecoins is pushing China to explore stablecoins, but capital controls limit the project to Hong Kong’s offshore renminbi market, where liquidity is thin.
Finastra Taps Circle to Bring USDC Settlement to $5T Global Cross-Border Payments
Integrating USDC into Finastra’s payments hub aims to cut costs and speed up international transfers.
Haycen Secures Stablecoin Issuance License in Bermuda
The company provides stablecoin-based products for non-bank lenders in global trade.
U.S. Stablecoin Law Jolts EU Into Rethinking Digital Euro Strategy: FT
The GENIUS Act's passage caught many in Europe off guard and sparked concerns dollar-backed stablecoins could tighten America’s grip on cross-border payments.
South Korea’s Top Banks Said to Meet Tether, Circle on Stablecoin Partnerships: Report
In separate meetings, executives from Shinhan, Hana, KB Financial and Woori Bank will explore the role of dollar-pegged and won-pegged stablecoins in the country.
Stablecoin Market Could Hit $1.2T by 2028, Maybe Affecting U.S. Government Debt Yields: Coinbase
The target translates to stablecoins growing almost five-fold from the current market size of $270 billion.
Stablecoins, Tokenization Put Pressure on Money Market Funds: Bank of America
Stablecoin demand for Treasuries won’t meaningfully shift T-bill dynamics, but instead poses a bigger challenge to money market funds, the report said.
MetaMask Joins Stablecoin Race With mUSD, Backed by M0 Protocol and Stripe's Bridge
MetaMask's digital dollar, confirmed on Thursday, combines Bridge's regulatory and reserve management and M0’s blockchain expertise.
24/7 Settlement: Why Instant Liquidity Changes Everything
Uniform Labs’ Will Beeson says that the future of finance is not merely faster payments — it is a world where capital is never idle, where the trade-off between liquidity and yield disappears and where the foundations of financial markets are rebuilt for an always-on, global economy.
Plasma's $250M USDT Yield Program on Binance Filled in Less Than an Hour
The on-chain yield program quickly attracted investors with offering Plasma's XPL native token rewards.
