“I can’t speak for Tether directly, but my personal observation is that Bitcoin is a big priority for them, and it’s our job to make USDT as accessible on Bitcoin as it is everywhere else,” Ihnatiuk added. Privacy twist Utexo’s aims to accomplish this by creating an architecture for the stablecoin that is more confidential […]
Hong Kong-based stablecoin payments company RedotPay has completed a financial audit, a required step toward a U.S. initial public offering, as it pushes ahead with plans to take the business public, it said in a press release Monday. The company also completed a separate review of its anti-money-laundering and counter-terrorist-financing controls. Both were conducted by […]
“Throughout 2026, Binance has consistently captured the largest share of USDC spot trading activity, processing $5 million-$10 billion in daily volume, roughly 10-20 times more than most other trading venues, which typically stay below $0.5 billion,” said Anastasia Melachrinos, head of research at Kaiko. Other major exchanges have remained broadly within their previous USDC trading […]
MetaMask has launched a new self-custodial account that combines stablecoin yield, payments and trading in a single product, as wallet providers increasingly compete to become broader financial platforms rather than simple crypto storage tools. The new “Money Account,” announced Tuesday by MetaMask parent Consensys, is built on the Monad blockchain and allows users to earn […]
Invesco’s move is another sign of asset managers increasingly chasing a new business opportunity created by stablecoins. These cryptocurrencies are designed to maintain a fixed value, typically tied to one U.S. dollar, and are backed by reserve assets such as cash and short-term Treasuries. As issuance grows, so does demand for firms that can manage […]
JPMorgan Chase CEO Jamie Dimon on Friday yet again sharply criticized Coinbase CEO Brian Armstrong and warned that the latest version of the Clarity Act could ultimately fail if lawmakers do not address concerns from traditional banks over stablecoin regulation. In an interview with Maria Bartiromo on Fox Business, Dimon appeared frustrated by the direction […]
Brazil’s central bank has banned electronic foreign exchange (eFX) providers from using stablecoins, bitcoin or other cryptocurrencies to settle overseas remittances. BCB Resolution No. 561, published April 30, updates rules for eFX, Brazil’s regulated system for digital international payments, purchases, withdrawals and transfers. The rule takes effect October 1, with adaptation deadlines running into 2027. […]
Stablecoin yield would be prohibited under a newly released agreement addressing that contentious part of the crypto market structure legislation in an approach that’s broadly similar to what’s been discussed since the start of the year. The new section of proposed Digital Asset Market Clarity Act text released Friday revealed that the compromise hashed out […]
The crypto industry is frequently finding bankers involved in its top-priority regulatory efforts, and this time, a coalition of bank trade associations has asked the U.S. Department of the Treasury to extend the window in which the public can weigh in on implementation of last year’s Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) […]
Have you had “deploy a stablecoin” and “build an AI agent” on your business to-do list since the beginning of the year? You know these technologies will create business efficiencies, but finding the time to really get a grasp, a hands-on grasp, of these solutions has proved hard to find. You might even feel like […]
When a tourist from Bangkok taps to pay in Singapore using their Thai e-wallet, few stop to consider what powers that transaction. But for Singapore-based StraitsX, the company behind the stablecoin infrastructure running in the background, that seamless experience is exactly the point. Between the fourth quarter of 2024 and the same period in 2025, […]
Crypto industry insiders got their first look at the revised market structure bill in the Senate, and the opening impression was that the language on allowable stablecoin yield was overly narrow and unclear, according to a person familiar with the current draft. The new language, which was announced Friday by Senators Angela Alsobrooks and Thom […]