Tag Archives: Stablecoins

Stephan Luck Digital currencies have grown rapidly in recent years. In July 2025, Congress passed the “Guiding and Establishing National Innovation for U.S. Stablecoins Act” (GENIUS) Act, establishing the first comprehensive federal framework governing the issuance of stablecoins. In this post, we place stablecoins in a historical perspective by comparing them to national bank notes, a form of privately issued …

Google on Tuesday released a new payments scheme to make it easier for different AI apps to send and receive money. The open-source protocol not only includes support for more traditional forms of payments like credit and debit cards but also stablecoins, or cryptocurrencies pegged to underlying assets like the U.S. dollar. To add compatibility with stablecoins, Google worked with …

Crypto advocates see things differently. They claim stablecoin rewards create healthy market pressure and could drive big banks to provide more competitive interest rates in an effort to keep customer deposits. “To call this a trillion-dollar fight would be an understatement: This is highly fraught territory that banks have jealously guarded,” says former Republican Representative Patrick McHenry of North Carolina, …

Exclusive: China considering yuan-backed stablecoins to boost global currency usage, sources say  Reuters China is expanding into digital currencies, hoping to promote use of its ‘people’s money’  Yahoo Finance China Is Worried About Dollar-Backed Stablecoins  Foreign Policy China Considers Approving Yuan-Backed Stablecoins  The Information China’s Fintech and Stablecoin Revolution: A Strategic Window for Global Investors  AInvest Source link

Exclusive: China considering yuan-backed stablecoins to boost global currency usage, sources say  Reuters China Is Worried About Dollar-Backed Stablecoins  Foreign Policy Buckle Up Dollar Bulls, China Is Reportedly Considering Its Own Yuan-Linked Stablecoins  Yahoo Finance China weighs yuan-backed stablecoins in major policy shift: Reuters  Cointelegraph China to legalize yuan-pegged stablecoins this month after 12-year crypto ban  Cryptopolitan Source link

WASHINGTON – Today, the U.S. Department of the Treasury issued a Request for Comment required by the GENIUS Act, which furthers the Administration’s policy of supporting the responsible growth and use of digital assets, as outlined in Executive Order (E.O.) 14178 on “Strengthening American Leadership in Digital Financial Technology.”  Today’s request for comment fulfills Treasury’s obligation pursuant to section 9(a) of the GENIUS …

Key Takeaways The amount of stablecoin supply has been growing recently. The surge comes from multiple blockchains, particularly Ethereum. Is this the missing puzzle for an altcoin season? The passing of two bills by the U.S. Congress to streamline regulations around stablecoins looks to be finally meeting its purpose. The GENIUS and STABLE Acts are now ensuring transparency and consumer …

Citigroup considers custody and payment services for stablecoins, crypto ETFs  Reuters How Citi and JPMorgan’s blockchain moves influence payments  American Banker The Tipping Point: How Citigroup’s Digital Asset Strategy is Reshaping Traditional Finance  AInvest Two Major Wall Street Names Are Planning To Enter The Stablecoin Market  FXDailyReport.Com Citigroup weighs crypto custody as ETFs, stablecoins gain momentum  Cointelegraph Source link

Companies plan stablecoins under new law, but experts say hurdles remain  Reuters Are Stablecoins the Future of Payments? Mizuho Analyst Shares Insights  The Wall Street Journal To the editor: GENIUS Act is anything but  Toledo Blade GENIUS Act yield ban may push trillions into tokenized assets — ex-bank exec  Cointelegraph Prediction: Stablecoins Are About to Soar. Here’s Why.  The Motley Fool Source link

The GENIUS Act contains a little-noticed clause that prevents technology giants and Wall Street behemoths from dominating the stablecoin market, according to Circle Chief Strategy Officer Dante Disparte. “The GENIUS Act has what I’d like to call — just for my own legacy sake — a Libra clause,” Disparte told the Unchained podcast on Saturday. Any non-bank that wants to …