U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch
The Federal Reserve, Treasury and other regulators have issued a proposed rule that would set identification standards, and it’s now open for public comments.
Stablecoins
Next bull run will be slower, less volatile as investors’ crypto appetite evolves, Bitwise CIO says
Long-time bitcoin bull Matt Hougan told CoinDesk that during this bear market and with ‘doubts swirling’, investors have found ‘it easier to reach for something more tangible:’ stablecoins and tokenization.
Stablecoins Were Meant to Disrupt Finance. Instead, They Became Idle Cash.
O’Connor argues that crypto’s clearest success story has scaled as money but not as capital.
Banking rails are moving past the ‘stablecoin winner’ narrative: Sygnum
Digital asset bank Sygnum says institutional clients want multiple tokenized cash instruments operating interchangeably on a single platform.
Tether leads $1.4 billion funding round in German robotics company Neura
The investment is part of the stablecoin giant’s expansion into industries outside of crypto.
Abra’s Bill Barhydt says Wall Street’s next crypto bet is tokenization
As Abra prepares for a Nasdaq debut, CEO Bill Barhydt is betting tokenized yield products and onchain lending will drive the next phase of crypto wealth management.
Meta is paying creators in Stablecoins. Spending them is someone else’s problem
Meta’s decision to pay creators in USDC validates stablecoins as a mainstream disbursement tool, Joslyn suggests, but it also exposes the industry’s unresolved problem: moving seamlessly from digital dollars to usable local currency.
America’s largest banks are building a new digital currency network to stop a massive deposit drain
America’s biggest banks are launching tokenized deposits to compete with stablecoins, opening a new front in the race to become the dominant form of cash on blockchain networks.
‘Dr. Doom’-backed Atlas Capital CEO says bitcoin could crash 70% before reaching $500,000
Backed by economist Nouriel Roubini, a long-time anti-bitcoin advocate, and known as ‘Dr. Doom,’ the Atlas CEO, Reza Bundy, shot a short-term warning for bitcoin but stayed bullish in the long-term.
Apyx’s STRC collateralized stablecoin suffers a brief depeg. Protocol says its a feature, not bug
Apyx’s apxUSD stablecoin briefly slipped to 93 cents Wednesday.