Stablecoins
Stablecoin Market Could Reach $4 Trillion by 2030, Citi Says in Revised Forecast
Bank tokens may ultimately surpass stablecoins in transaction volume, report said.
Stablecoin-Focused Plasma's XPL Token Debuts With Over $2.4B Market Cap
XPL functions as a gas token, staking asset, and reward token, with a total supply of 10 billion tokens.
Hong Kong Monetary Authority Warns Against Unregulated Stablecoin Issuance
The warning comes after AnchorX, a Hong Kong-based firm, announced a stablecoin called AxCNH, pegged to the offshore Chinese yuan.
Stablecoin Startup RedotPay Attains Unicorn Status With $47M Raise for Regulatory Push
The Hong Kong company is scaling stablecoin-powered cards, wallets and payout services with backing from Coinbase Ventures, Galaxy and Vertex.
U.S. CFTC Moves Toward Getting Stablecoins Involved in Tokenized Collateral Push
The acting chairman of the U.S. derivatives regulator, Caroline Pham, has been pushing an aggressive "crypto sprint" to open the markets to crypto.
Societe Generale Selects Bullish Europe to Debut Its USD Stablecoin
The European arm of crypto exchange Bullish is to be the first venue to list the SG Forge’s USD CoinVertible (USDCV) stablecoin.
PayPal Ventures Invests in Stable to Expand PYUSD Reach
The move will unlock new commerce use cases, particularly in emerging markets where dollar-based payments have the biggest impact.
Plasma Unveils First Stablecoin-Native Neobank, Targeting Emerging Markets
The rollout comes ahead of Plasma’s mainnet beta launch on September 25.
Asia Morning Briefing: China’s Car, America’s Currency — Why Stablecoins Keep the Dollar in the Driver’s Seat
A BYD Dolphin Mini sold for USDT in a BRICS country highlights the irony of China’s de-dollarization drive, where the yuan is sidelined to academic theories about a post-U.S. order, while crypto-dollars power real-world trade.
Coinbase CEO: 'We Want to Become a Super App and Provide All Types of Financial Services'
Brian Armstrong told Fox Business that Coinbase aims to be users’ primary financial account while addressing U.S. crypto rules and pressure from banks.
