Stablecoins


Finance

SBI, Startale to launch regulated yen stablecoin for global settlement

The digital yen stablecoin aims to plug Japan into onchain finance and cross-border tokenized asset flows under the country's new FSA regime.

Stablecoin networks (Unsplash, modified by CoinDesk)

Policy

Bank of America says U.S. banks are heading for multi-year onchain future

The Wall Street firm said faster U.S. stablecoin and charter rules are pulling crypto into the regulated banking system and pushing banks toward an on-chain future.

Stylized network of light focii covering Earth (geralt/Pixabay)

Web3

UAE’s Largest Fuel Retailer Will Accept Stablecoin in 980 Stations in Three Countries

A new deal with Al Maryah Community Bank brings stablecoin payments to the pumps, shops and car washes at ADNOC retailers in UAE, Saudi Arabia and Ethiopia.

Dubai UAE (Pexels, Pixabay)

Markets

MiCA Will Make or Break Euro-Pegged Stablecoins by 2026: DECTA

German payments processor DECTA expects euro-pegged stablecoins to gain traction in payments and tokenized finance as MiCA takes full effect across the EU.

Stablecoin networks (Unsplash, modified by CoinDesk)

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Markets

IMF Flags Stablecoins as Source of Risk to Emerging Markets, Experts Say We Aren't There Yet

The IMF warns that USD-pegged stablecoins could undermine local currencies in emerging markets by facilitating currency substitution and capital outflows.

Globe (Subhash Nusetti/Unsplash)

Finance

USDC Issuer Circle Secures Abu Dhabi's ADGM License in Middle East Expansion

The license allows Circle to expand USDC payment and settlement tools across the United Arab Emirates.

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

Markets

Digital Assets to Shift From Disruption to Integration in 2026, CoinShares Says

'Hybrid finance' is taking hold as traditional institutions tokenize funds and deposits on public blockchains.

Wall street signs, traffic light, New York City

Finance

Stablecoin Adoption Is ‘Exploding' — Here's Why Wall Street Is Going All-In

Alchemy co-founder and president Joe Lau said stablecoin adoption is exploding as banks, fintechs and payment platforms push beyond the USDT/USDC exchange era.

Stablecoin networks (Unsplash, modified by CoinDesk)

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Finance

Euro Stablecoin Market Cap Doubles in Year After MiCA, Study Finds

Prior to MiCA, euro-denominated stablecoins' market cap contracted by 48% in the year leading up to June 2024.

Euro. (jojooff/Pixabay)

Policy

New IMF Report Warns of Stablecoin Risk, Sparking Criticism From Experts

The IMF released a report that campaigns in favor of CBDCs and warns against the risk stablecoins represent, sparking criticism among crypto experts.

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