Stablecoins gain ground for paychecks and daily spending: BVNK report
A global survey commissioned by BVNK and conducted by YouGov found that 39% of crypto users and prospective users across 15 countries receive income in...
Tag : Stablecoins
Spark’s new lending suite tests institutional appetite for onchain stablecoins
Spark announced the launch of Spark Prime and Spark Institutional Lending on Wednesday to channel more of its decentralized finance (DeFi) stablecoin reserves into institutional...
Vitalik draws line between ‘real DeFi’ and centralized yield stablecoins
Ethereum co-founder Vitalik Buterin drew a clear boundary around what he considers “real” decentralized finance (DeFi), pushing back against yield-driven stablecoin strategies that he says...
China Bans Unapproved Yuan-Pegged Stablecoins Abroad to Protect Currency Stability
Chinese regulators have moved to tighten control over digital assets, banning the unauthorized issuance of yuan-pegged stablecoins overseas and extending restrictions to tokenized real-world assets...
China Formalizes Ban on Yuan Stablecoins, RWA Tokenization
In brief China’s central bank and regulators have issued a notice that bans unapproved issuance of renminbi-pegged stablecoins, including those offshore. Most real-world asset tokenization...
Senator Lummis Urges Banks to 'Embrace' Stablecoins Amid CLARITY Act Stalemate
In brief Sen. Cynthia Lummis has urged banks to “embrace” stablecoins, calling them a faster, cheaper payment rail and “an entirely new financial product” for...
White House officials met with crypto, banking reps to discuss stablecoins
Officials in US President Donald Trump’s administration met with representatives from the cryptocurrency and banking industry to discuss how to address stablecoin yield in the...
UK Lawmakers Probe Stablecoins as Bank of England Warns of Deposit Drain Risk
A formal inquiry has been initiated by UK legislators into the expansion of stablecoins as regulators consider that the rapid adoption of these digital currencies...
Are Stablecoins Quietly Draining Banks? Standard Chartered Thinks So
For decades, bank deposits have been one of the quiet foundations of the financial system, supplying lenders with the low-cost funding needed to extend credit...
Coinbase Experiments With Flipcash’s USDF as It Rolls Out Custom Stablecoins
Coinbase has begun backend testing of Flipcash’s in-development stablecoin, USDF, as part of a broader push to let businesses issue their own branded, dollar-backed tokens...