Crypto
JPMorgan's CEO Jamie Dimon Embraces Stablecoins
During a recent earnings call, Jamie Dimon, CEO of JPMorgan, signaled the bank's intent to engage more deeply with stablecoins, despite previously expressing skepticism about their necessity.
Banking
Citigroup's CEO Discusses Potential Stablecoin Launch
Jane Fraser announced that Citigroup is considering issuing a stablecoin while focusing on tokenized deposit solutions.
Crypto
The GENIUS Act's Impact on Stablecoins: A Regulatory Shift in DeFi
Congress is on the verge of passing the GENIUS Act, which could reshape how stablecoins operate by prohibiting interest payouts.
Crypto
UK Focuses on DLT and Tokenization in Wholesale Finance Strategy
The UK government has unveiled its plan to enhance the wholesale market by exploring the best uses of distributed ledger technology and implementing tokenization solutions.
Finance
Stablecoins Anticipated to Transform U.S. Treasury Market at $750 Billion Benchmark, According to Standard Chartered
Geoff Kendrick from Standard Chartered indicates that stablecoins might reach $750 billion by 2026, impacting U.S. government debt issuance and demand for USD.
Finance
FSB Chair Prioritizes Stablecoins Ahead of G20 Summit
Andrew Bailey emphasizes the need for ongoing implementation of stablecoin recommendations by the Financial Stability Board.
Crypto
This Week in Congress: An Opportunity for Financial Modernization
Amid discussions of stablecoins and market structure reforms, Congress finds itself at a pivotal moment to modernize the U.S. financial infrastructure for the digital age.
Finance
Upcoming US Crypto Legislation: Key Bills on the Horizon
Three crucial crypto bills are anticipated to pass in the House of Representatives, focusing on stablecoins, digital assets, and banning a central bank digital currency.
Finance
Upcoming U.S. House Votes on Crypto Regulation Set for This Week
The U.S. House of Representatives is preparing for significant votes on proposed legislation to regulate the cryptocurrency market, including the Clarity Act and GENIUS Act.
Finance
Bank of England's Bailey Critiques U.S. Crypto Wave
Governor Andrew Bailey of the Bank of England cautions against adopting stablecoins, contrasting U.S. policies that promote cryptocurrency.
Crypto
XRP Rises Following Ripple's Partnership with BNY Mellon for New Stablecoin
Ripple has partnered with BNY Mellon to manage its upcoming stablecoin, leading to a surge in XRP's price.
Business
Ant Group, Backed by Alibaba's Founder, Set to Incorporate Circle's USDC on Their Blockchain
Ant Group is making strides to include Circle’s USDC stablecoin in its blockchain framework, as part of a larger strategy to facilitate diverse digital currencies and tokenized assets.
Business
Monad Acquires Portal Labs to Enhance Payments with Stablecoins
The Monad Foundation has bought Portal Labs to improve its blockchain payments strategy, with Raj Parekh leading the efforts towards stablecoin integration.
Finance
Bullish Partners with Solana for Stablecoin Development
Bullish has formed a partnership with the Solana Foundation to leverage Solana-based stablecoins for enhancing their trading operations and financial infrastructure.
Crypto
U.S. House Abandons Stablecoin Bill to Support Trump's Proposal from the Senate
As 'Crypto Week' approaches, the House is set to prioritize stablecoin legislation aligned with President Trump's agenda.
Crypto
Former ECB Official Calls for Euro Stablecoin Support to Retain Financial Influence
Lorenzo Bini Smaghi warns that Europe risks losing its financial power if it does not embrace euro-pegged stablecoins.
Crypto
JD.com and Ant Group Advocate for Yuan-Backed Stablecoins to Challenge Dollar Dominance
JD.com and Ant Group seek the central bank's permission to launch yuan-based stablecoins to counter the influence of U.S. dollar-linked digital currencies.
Economy
Bank of England's Andrew Bailey Warns of Stablecoin Adoption Risks
Andrew Bailey, the governor of the Bank of England, expresses concerns over the adoption of stablecoins potentially threatening financial stability.
Altcoins
Swiss AMINA Bank First to Offer Custody and Trading for Ripple’s RLUSD Stablecoin
Swiss cryptocurrency institution AMINA Bank has announced it will provide custody and trading services for Ripple's new RLUSD stablecoin, marking a significant step in the adoption of digital assets.
Crypto
JPMorgan Projects Stablecoin Market to Reach $500 Billion by 2028, Below Bullish Estimates
JPMorgan's analysts predict a more cautious outlook for the stablecoin market, anticipating growth to $500 billion by 2028, significantly less than some optimistic forecasts.
