Stablecoins
Citigroup CEO Confirms the Bank Is ‘Looking at the Issuance of a Citi Stablecoin’
Jane Fraser told analysts the bank is evaluating stablecoin issuance and advancing tokenized deposit solutions as part of a broader digital finance strategy.
UK Commits to Enabling DLT, Tokenization Work in its Wholesale Strategy
Regulators will also explore how stablecoins can be utilized in the new Digital Securities Sandbox.
Stablecoins May Reshape U.S. Treasury Market at $750B Threshold, Standard Chartered Says
Analyst Geoff Kendrick said stablecoins could hit $750 billion by 2026, pressuring debt issuance and USD demand.
FSB Chair Makes Stablecoins a Priority Ahead of G20 Meeting
Andrew Bailey said the FSB should continue implementing its agreed stablecoins recommendations and monitor developments in this area across jurisdictions.
The Node: GENIUS, Clarity and a CBDC Ban
We’ve got a big week ahead of us in terms of U.S. crypto legislation, so I asked Katherine Dowling, general counsel at Bitwise, to give us a rundown.
House Gears Up for Crypto Market Structure Vote on Wednesday, Stablecoins Thursday
The Clarity Act is set for a Wednesday afternoon vote in the U.S. House, according to industry lobbyists, and the GENIUS Act may get a Thursday morning vote.
AAVE Surges as Deposits Hit $50B; Poised to Benefit From U.S. Crypto Regulation
The bluechip DeFi token hit its strongest price in five months, gaining 8% over the weekend.
Alibaba Founder-Backed Ant Group to Integrate Circle’s USDC on Its Blockchain
The move is part of Ant's broader effort to build a platform that supports various forms of digital currencies, including tokenized assets.
Australia's Central Bank to Explore Developing Wholesale Tokenized Asset Markets
Issuance of pilot wholesale CBDC for testing the use cases will take place on different blockchain platforms, such as Hedera and R3 Corda.
Monad Acquires Portal Labs to Expand Stablecoin Payments on High-Speed Blockchain
Raj Parekh, Portal co-founder and a former Visa crypto director, will lead Monad’s stablecoin strategy following the acquisition.
