Stablecoins

Stablecoins

Finance

Major U.S. Banks Mull Jointly Launching Stablecoin: WSJ

Such a stablecoin, potentially open to other banks, aims to improve transaction speeds and efficiency while fending off competition from crypto firms.

Battered BTC bulls pin hopes on the Fed. (JamesQube/Pixabay)

Finance

Global Dollar's USDG Eyes Hundreds of Partners Attracted by Yield, Sees 'Big Names' From TradFi

Banks and large TradFi firms are preparing to join the Global Dollar network alongside firms like Robinhood, Galaxy and Anchorage, founding member Kraken said.

Kraken on phone (PiggyBank/ Unsplash)

Markets

U.S. Stablecoin Bill Approval Could Trigger a Long-Term Crypto Bull Market: Bitwise

The passage of a U.S. stablecoin bill could be one of the most important regulatory developments in the history of crypto, the report said.

Ether spot ETFs likely to attract $15 billion of net inflows in first 18 months: Bitwise. (CoinDesk)

Policy

Hong Kong Joins Global Race With New Stablecoin Licensing Bill

Hong Kong has been working on establishing a stablecoin regime since 2023.

Hong Kong's skyline (Chris Lam/CoinDesk)

Finance

Guatemala's Largest Bank Adopts Stablecoin Rails for U.S. Remittance Payments

SukuPay will allow Guatemalans to receive funds from the U.S. for a flat 99 cent fee, using only a phone number within their Banco Industrial mobile app Zigi.

16:9 Guatemala City (Victor Leal/Pixabay)

Markets

These Six Charts Explain Why Bitcoin's Recent Move to Over $100K May Be More Durable Than January's Run

Financial conditions, stablecoin flows and other key metrics point to stronger foundation compared to the December-January twin peaks.

Statue of a bull (ianproc64/Pixabay)

Markets

SocGen’s Crypto Arm to Launch Dollar Denominated Stablecoin on Ethereum, Reports Say

The stablecoin, initially for institutional investors, follows the launch of SG Forge’s euro stablecoin, EURCV.

Office tower at night (Vincent Wachowiak/Unsplash)

Policy

Senate Advances Stablecoin Bill, Clearing the Way for Final Passage

At least 60 Senators voted in favor of the GENIUS Act on Monday night.

Sen. Bill Hagerty, who spearheaded the GENIUS Act. (Tasos Katopodis/Getty Images for 137 Ventures/Founders Fund/Jacob Helberg )

Policy

Senate Dems Gear Up Resistance Ahead of Crucial Stablecoin Bill 'Cloture' Vote

The U.S. Senate is poised to try another high-stakes procedural vote to push stablecoin legislation forward, which could mark a major win for the crypto sector.

Senators Kirsten Gillibrand (left) and Cynthia Lummis (Shutterstock/CoinDesk)

Policy

U.S. Stablecoin Bill Could Clear Senate Next Week, Proponents Say

Senator Bill Hagerty, who backed the Senate's version of the legislation, predicted the body will "make history" next week by passing the bill.

Senator Bill Hagerty