Business use of stablecoins set for growth surge: Cybrid report
The majority of businesses surveyed are likely to use stablecoins within the next 12 months, while regulatory clarity remained the biggest barrier to wider…
Circle slides 8% as Stripe, Coinbase and BlackRock back rival stablecoin network
Open Standard's Open USD aims to let partners keep reserve income and eliminate minting fees, challenging Circle's USDC. Source:CoinDesk
MetaMask launches Money Account with stablecoin yield and spending in one wallet
The launch reflects a broader push to make stablecoins more useful beyond trading and transfers. Source:CoinDesk
Spiko links EU regulated T-bill funds to Coinbase stablecoin rails
Spiko integrated Coinbase Payments into two EU regulated UCITS Treasury funds, enabling USDC and EURC subscriptions and redemption payments through Base.…
UK to lower stablecoin capital buffers, undercutting EU's MiCA requirements
The Financial Conduct Authority's proposal follows the Bank of England's backtracking on the limit to the value of stablecoins an individual could hold.…
Wall Street's BNY expands stablecoin services for institutions, starting with Circle's USDC
The world's largest custody bank is adding USDC custody and minting services as stablecoins move deeper into traditional finance. Source:CoinDesk
Breez launches Bitcoin-to-stablecoin payments across more than 30 blockchains
The new SDK feature lets developers route payments from Bitcoin balances to recipients in USDC and USDT without requiring users to hold stablecoins.…
BIS warns stablecoins are more like ETFs than actual money, and they're creating FX risk
BIS's latest annual report dives into stablecoins and AI trends. Source:CoinDesk
BIS warns stablecoins risk fragmenting global financial system
The Baselbased institution said that private digital tokens fall short of the requirements for sound money and urged policymakers to accelerate work on…
Crypto Biz: The cost of stacking sats
CryptoQuant urged Strategy to pause Bitcoin buying as dividend coverage shrank. Meanwhile, CBOE eyes crypto perpetual futures and Chainlink joins a stablecoin…
BitGo cuts 15% of staff to sharpen focus on AI, stablecoins
BitGo cofounder and CEO Mike Belshe says the layoffs are “a onetime action” and the company doesn’t see the need for further staff reductions.…
Asset management giant Invesco files for tokenized fund targeting stablecoin reserve market
The $2.5 trillion asset manager deepens its blockchain push after taking over Superstate's tokenized money market fund as fund manager earlier this year.…