Stablecoins won’t get any kind of deposit insurance under GENIUS rules, says FDIC chief
The chairman of the U.S. Federal Deposit Insurance Corp. made clear that even pass-through deposit insurance won’t be allowed from third-party firms.
Stablecoins
Global insurance broker Aon tests stablecoin payments with Coinbase, Paxos
The firm used USDC on Ethereum and PayPal USD on Solana for insurance premium payments, testing how stablecoins could reshape settlements.
Bitcoin purist Jack Dorsey says that his firm is reluctantly giving in to stablecoin craze
The shift comes as stablecoins surge in popularity and competitors like Stripe and PayPal add stablecoin options, increasing market pressure.
Circle moves $68 million in just 30 minutes by using its own stablecoin for internal payments
The stablecoin issuer used its Mint platform for intercompany transfers, replacing bank wires that often take days to settle, CEO Jeremy Allaire said.
Crypto for Advisors: Tokenization offers always-on global investment access
Using blockchain technology, tokenization is creating a new, always-on investment market, giving people worldwide easy and fractional access to wealth-building assets.
Eric Trump, World Liberty co-founder, calls banks ‘anti-American’ over stablecoin fight
The World Liberty Financial co-founder and presidential son posted about the ongoing negotiations on stablecoin yield on Wednesday.
Trump urges passage of U.S. Clarity Act, attacks banks for ‘undercutting’ GENIUS
U.S. President Donald Trump said in a post on Truth Social that the banking industry is trying to undermine the stablecoin bill he signed into law last year.
International finance watchdog warns stablecoins are increasingly used in sanctions evasion and money laundering
In its latest report, the global standard setter FATF said stablecoins now account for the bulk of illicit crypto activity and pose growing risks through peer-to-peer transfers.
Circle shares boosted by Middle East tensions, rising oil, fading rate cut hopes, says Mizuho
The stock has risen about 20% since the U.S. strikes on Iran over the weekend.
Stripe’s Tempo Blockchain Is a ‘Referendum on the Ghost of Libra,’ Says Libra Co-Creator
Christian Catalini warns that corporate-led blockchains like Stripe’s Tempo and Circle’s Arc risk repeating the compromises that doomed Libra’s open vision.