Stablecoins
China expands crypto crackdown to stablecoins, asset tokenization
The set of new rules reaffirm China’s hardline stance on crypto and impose restrictions on tokenized real-world assets and overseas issuance of yuan stablecoins.
Tether buys $150 million stake in Gold.com to boost tokenized gold distribution
The companies plan to expand global access to tokenized gold and allow the buying of bullion with Tether's stablecoins.
Tether invests $100 million in U.S. crypto bank Anchorage, valued at $4.2 billion
Anchorage Digital is the firm issuing Tether's USAT stablecoin, designed for the U.S. market.
Brazil moves to ban algorithmic and other stablecoins like Ethena’s USDe
New legislation requires all stablecoins to be fully backed by reserve assets and introduces penalties for issuing unbacked, algorithmic or other stablecoins.
Spanish lender BBVA joins EU banks' stablecoin venture to challenge digital dollars
The $800 billion-asset bank is the 12th to join Amsterdam-based Qivalis, which aims to introduce a euro-pegged token this year.
Tether scales back $20 billion funding ambitions after investor resistance: FT
Advisers are now discussing a smaller fundraising of roughly $5 billion, as prospective backers question both the size of the deal and Tether’s lofty valuation.
CoinDesk Research: U.S. leads institutional crypto, Asia rules trading ahead of Consensus Miami
Asia’s dominance is visible across every major dataset in this report, but the U.S. is assembling the institutional engine for the next surge of global adoption, while Latin America is already proving how utility-driven demand can scale in the real economy.
Hong Kong will start granting stablecoin issuer licenses in March: Reuters
Eddie Yue Wai-man, chief executive of the Hong Kong Monetary Authority (HKMA), said only a very few stablecoin licenses would be issued initially.
Crypto for Advisors: banks and digital money
Banks are embracing stablecoins and tokenized deposits as a means to upgrade their financial infrastructure, but they are approaching the two technologies differently.
Fidelity Investments starts its own stablecoin in a massive bet that future of banking is on blockchain
The FIDD token will run on Ethereum, serve institutional and retail users, and comply with the new GENIUS Act’s reserve rules.
