Stablecoins
U.S. House Ditching Its Stablecoin Bill to Back Trump's Choice From Senate
Heading into next week's "Crypto Week" on Capitol Hill, the House of Representatives is lining up a few votes as it puts its major focus on the Stability Act.
Over 40 Firms Prepping for Hong Kong Stablecoin License Applications: Report
The number of approved applications is expected to be small, according to reports from China media.
Ex-ECB Official Urges Europe to Back Euro Stablecoins or Risk Losing Financial Power
Ex-ECB board member Lorenzo Bini Smaghi warned the EU's slow roll-out of euro stablecoins could cede control to dollar-backed tokens.
JD.com, Ant Group Push for Yuan-Based Stablecoins to Counter Dollar Rule: Reuters
They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global role
JPMorgan Sees Stablecoin Market Hitting $500B by 2028, Far Below Bullish Forecasts
88% of current stablecoin demand comes from crypto-native activity, with payments accounting for only 6%, the report said.
Ripple Expands Stablecoin Infrastructure Partnership as It Seeks Bank License
The partnership will integrate Ripple's payments network with OpenPayd's fiat rails, supporting Ripple USD (RLUSD).
Instant Payments Fintech Ivy Adds Circle’s USDC, EURC Stablecoins
Real-time payment rails and stablecoins belong together, said Ivy CEO Ferdinand Dabitz.
Deutsche Bank’s DWS, Galaxy, Flow Traders Venture to Introduce German-Regulated Stablecoin
The AllUnity joint venture was granted a BaFin license this week to launch its MiCA-compliant euro stablecoin.
South Korean Exchange Upbit to Work on Won Stablecoin With Naver Pay: Report
A KRW stablecoin could effectively iron out the spread between exchanges and end the "kimchi premium."
Circle's Valuation Not Stretched, Says Citi, Starting Coverage With Buy Rating
Citi's $243 price target suggests roughly 34% upside from last night's close just above $181.
