Stablecoins

Stablecoins

Finance

Ex-Binance communications lead joins stablecoin specialist KAST

Brad Jaffe, the former global communications leader at Binance, becomes chief communications officer at KAST.

(Danny Nelson/CoinDesk)

Policy

Trump’s crypto adviser rejects Jamie Dimon on treating yield-bearing stablecoins like banks

White House adviser Patrick Witt said yield-bearing stablecoins needn't to face bank rules because the Genius Act bars issuers from lending reserves.

White House. (Credit: Tabrez Syed on Unsplash/Modified by CoinDesk)

Policy

Trump urges passage of U.S. Clarity Act, attacks banks for 'undercutting' GENIUS

U.S. President Donald Trump said in a post on Truth Social that the banking industry is trying to undermine the stablecoin bill he signed into law last year.

U.S. President Donald Trump (Shealah Craighead/Modified by CoinDesk)

Policy

International finance watchdog warns stablecoins are increasingly used in sanctions evasion and money laundering

In its latest report, the global standard setter FATF said stablecoins now account for the bulk of illicit crypto activity and pose growing risks through peer-to-peer transfers.

(Photo by CoinWire Japan on Unsplash/Modified by CoinDesk)

Markets

Circle shares boosted by Middle East tensions, rising oil, fading rate cut hopes, says Mizuho

The stock has risen about 20% since the U.S. strikes on Iran over the weekend.

(Sandali Handagama/ CoinDesk)

Finance

Tether taps Deloitte for first USAT reserve report

The report is a third-party attestation, which provides a snapshot of reserves at a specific point in time, rather than a full audit of the company's finances.

Stylized Tether logo

Finance

EU banks’ euro-pegged stablecoin in talks with crypto exchanges to ensure liquidity

Qivalis is a group of 12 major EU banks developing a euro-pegged stablecoin they plan to debut in the second half of the year.

BBVA (Photo by Franco Baldoni-Unsplash/Modified by CoinDesk)

Policy

Stablecoin yield rewards (likely won't be) banned under OCC proposal: State of Crypto

The OCC's proposal's stablecoin yield procedures are the most ambiguous in that rulemaking plan.

CoinDesk

Policy

Bitcoin is stuck in a rut but JPMorgan says new legislation could be the ultimate spark

JPMorgan said the long-awaited Clarity Act would bring regulatory clarity, boost institutional participation and accelerate tokenization across U.S. crypto markets.

The U.S. Capitol.

Finance

The 'stablecoin sandwich' is dead: Why the next phase of crypto payments is all about the user relationship

The real competitive advantage in stablecoins, the moat that holds competitors at bay, now lies in the distribution held by incumbents, according to the person behind Meta's abandoned Diem token.

Christian Catalini (Chainlink Labs)