UK digital bond plans hinge on one missing piece: onchain cash
Experts say Britain's digital gilt pilot can unlock trapped liquidity in financial markets only if regulators approve an onchain stablecoin. Source:CoinDesk
Balance stablecoin collapses 99% after $1 million exploit drains its bitcoin vaults
An attacker fed the lending system a fake, abnormally low bitcoin price, liquidated vaults that should have been safe, and pocketed the difference in a single…
Balance Coin crashes 99% after reported $915K exploit
Blockchain security firms linked the collapse to a suspected attack on 42DAO, the decentralized organization that governs the Balance Protocol ecosystem.…
BIS warns stablecoins could weaken capital controls in emerging markets
Researchers found dollarbacked stablecoins are less affected by capital controls than traditional bank deposits, raising new questions about monetary…
Augustus raises $180 million to build a clearing bank for the AI and stablecoin era
The firm, freshly valued at $1 billion, aims to replace legacy correspondent banking with alwayson infrastructure that connects traditional payment systems and…
Amazon Japan supplier AZ-Com Maruwa to adopt yen stablecoin JPYC for payments
The Japanese logistics firm plans to pay 2,300 partners, including truck drivers, using JPYC in Japan’s first largescale corporate stablecoin rollout.…
Allbridge pauses cross-chain bridge after $1.65M exploit
The attacker allegedly used a flash loan and rapid swaps to manipulate the bridge’s stablecoin exchange rate. Source:Cointelegraph
Japanese logistics company eyes JPYC stablecoin to pay drivers
The planned rollout would let thousands of transportation contractors receive digital yen payments more frequently and quickly. Source:Cointelegraph
The GENIUS Act turns 1: State of Crypto
The stablecoinfocused GENIUS Act became a law a year ago. Source:CoinDesk
US agencies miss GENIUS Act deadline for final stablecoin rules
US regulators failed to finalize implementing regulations by the GENIUS Act’s oneyear deadline, issuing 10 proposed rules instead. Source:Cointelegraph
Trump targets Brazil's payments system while dollar stablecoins are quietly overtaking country's payments
Washington views Brazil’s promotion of nondollar payment channels, including Pix and the growth of stablecoins, as a potential threat to dollarbased trade,…
Crypto Biz: When dollars disappear, stablecoins step in
Bolivia moves to recognize USDT amid a dollar shortage, while Bitcoin miners’ AI ambitions face fresh investor scrutiny. Source:Cointelegraph