Stablecoins


Markets

Circle’s USDC Keeps Climbing; William Blair Reiterates Outperform After 3Q Results

The bank said USDC remains the frontrunner to dominate digital dollars as the company's third-quarter results topped forecasts.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Finance

Circle Q3 Profit Triples, Beating Estimates, on USDC Growth

The shares slid in anticipation of lower U.S. interest rates, which would reduce revenue from reserve assets held to back the second-largest stablecoin.

(Sandali Handagama/ CoinDesk)

Finance

Visa Tests Stablecoin Payouts to Speed Payments for Creators, Gig Workers

New Visa Direct pilot lets businesses send dollar-backed stablecoins like USDC to users’ digital wallets for near-instant access to earnings.

A Visa card being held to next to a payment terminal. (CardMapr.nl/Unsplash)

Policy

Bernstein Says U.S. Crypto Framework Positions Nation as Global Leader

With new laws defining market structure and stablecoin oversight, the broker said America’s digital asset industry has entered its most mature phase yet.


Finance

Standard Chartered to Support DeCard Stablecoin Payments in Singapore

The bank’s collaboration with DCS aims to enable stablecoin spending through DeCard, blending digital assets with traditional finance.

The Standard Chartered logo on the outside of an office building.

Markets

Asia Morning Briefing: Hong Kong’s FinTech Week Belonged to Stablecoins, Not CBDCs

Once the future of digital money, central bank digital currencies barely featured this year as Hong Kong’s focus shifted to stablecoins and Brazil’s Drex pause showed how even early adopters are rethinking the model.

Hong Kong Harbor (Shutterstock/Modified by CoinDesk)

Policy

Bank of England Confirms Plans for 'Temporary' Stablecoin Holding Limits

The U.K.'s central bank said on Monday it is proposing "temporary" limits of 20,000 pounds ($26,300) per coin for individuals and 10 million pounds for businesses.

Bank of England (Robert Bye / Unsplash / Modified by CoinDesk)

Policy

U.S. Fed's Miran Says Policy Needs to Adjust to Stablecoin Boom That Could Reach $3T

The Federal Reserve governor argued that stablecoins' increasing demand for dollar-tied assets such as Treasuries will force monetary policy decisions.

Federal Reserve Governor Stephen Miran (Win McNamee/Getty Images)

Policy

Japan Regulator to Support Country's 3 Largest Banks in Stablecoin Issuance

Japan's financial regulator, FSA, said the venture will see MUFG, SMBC and Mizuho explore the joint issuance of a stablecoin as an electronic payment instrument.

Aerial view of Tokyo (Jaison Lin/Unsplash, modified by CoinDesk)

Policy

UK Stablecoin Rules Will Be in Place 'as Quickly as the U.S.,' BOE Says: Bloomberg

BOE Deputy Governor Sarah Breeden tied the need to impose caps on stablecoin holdings to the U.K.'s mortgage market, which relies on commercial bank lending.

Bank of England (Robert Bye / Unsplash / Modified by CoinDesk)