Stablecoins

Stablecoins

Policy

Bankers rebuff White House claim that stablecoin yield doesn't threaten deposits

A new study from the American Bankers Association says the White House economists went after the wrong premise in their recent look at the issue.

The latest crypto poll seeks to make the case that some voters have single-issue love for crypto as the race for the White House and Congress near an end. (Jesse Hamilton/CoinDesk)

Finance

ClearBank secures MiCA approval, targets Circle euro, dollar stablecoins for institutional clients

The U.K.- and EU-regulated credit institution gains crypto-asset service provider status and said it will connect clients to regulated stablecoin rails over Circle Mint

View of Docklands from Clear Bank's London office. (Alex Merz/ClearBank Press)

Finance

Commodity traders are getting debanked due to Iran war, pushing them to rely on stablecoins

As banks retreat from trade finance amid Iran-linked risk fears, non-bank lenders and traders are increasingly turning to stablecoins for settlement, according to Haycen’s Luke Sully.

Shipping vessel at sea (Getty Images/Unsplash+/Modified by CoinDesk)

Finance

Iran war oil-price shock revives inflation trade and a new stablecoin play

As oil shocks revive investor anxiety, stablecoins solved payments, but not purchasing power, says Michael Ashton, who's USDi token aims to fix that.

Skyline of the Iranian capital, Tehran

Videos

Trump-Linked World Liberty Financial raises insider access questions

On-chain data analyzed by CoinDesk shows World Liberty Financial used its own stablecoin and governance tokens to borrow tens of millions through a DeFi protocol whose co-founder is an advisor of the venture. The transactions have left retail depositors exposed to concentrated liquidation risk. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Trump-Linked World Liberty Financial raises insider access questions

Policy

HSBC and Standard Chartered-led group land Hong Kong’s first stablecoin licenses

The approvals by the Hong Kong Monetary Authority, the territory's central bank, mark the first batch under the Stablecoins Ordinance, which took effect in August 2025.

Hong Kong (Ryan Mac/Unsplash)

Videos

Why Iran wants crypto for Strait of Hormuz tolls

Iran is now accepting bitcoin and stablecoins from cargo ships transiting the Strait of Hormuz, charging $1 per barrel of oil. Experts say the move fits into the IRGC's existing crypto-based sanctions evasion network, which has facilitated billions in cross-border trade. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Why Iran wants crypto for Strait of Hormuz tolls

Finance

Stablecoin volumes to reach $719T by 2035 as generational wealth shift speeds up crypto adoption

Massive transfer of wealth to younger, crypto-native users and rising payment volumes challenge dominance of Visa and Mastercard

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

Finance

Banks are treading carefully on stablecoins despite market growth, S&P Global says

Most U.S. lenders remain in a wait-and-see mode as deposit risks, regulatory shifts and new competition complicate strategy, according to the report.

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

Policy

Iran's crypto tanker tolls are the latest step in its sanctions‑busting trade network

The Iranian regime has been increasingly using cryptocurrency over the last few years to facilitate cross border oil trading, according to data from Chainalysis.

Oil tanker at sea. (Gerhard Traschütz/Pixabay)