Elixir sunsets deUSD stablecoin in reaction to Stream’s $93M loss
In recent developments, elixir said it will sunset its deUSD stablecoin after $75 million worth of the token became entangled in Stream Finance’s $93 million loss. Looking closer, market participants…
Coinbase Tells US Treasury: Stablecoins Should Be Treated Like Cash, Not Debt
In recent developments, regulatory momentum for U.S. stablecoins is accelerating as calls grow to classify them as cash equivalents, a move seen as a game-changer for financial innovation, tax clarity,…
Elixir sunsets deUSD stablecoin in reaction to Stream’s $93M loss
In recent developments, elixir said it will sunset its deUSD stablecoin after $75 million worth of the token became entangled in Stream Finance’s $93 million loss. Looking closer, market participants…
Banks push US Treasury for blanket stablecoin yield ban, Coinbase pushes back
In recent developments, coinbase insists that the US Treasury cannot override Congress’s intent on the GENIUS Act, but banks continue to press for a blanket ban on stablecoin interest. Looking…
BoE Says UK Stablecoin Rules Will Roll out ‘Just as Quickly as the US’
In recent developments, bank of England deputy governor vows UK stablecoin regime will be implemented promptly, with temporary holding limits. Bank of England Deputy Governor Sarah Breeden tells a London…
Bank of England pledges to keep pace with US on stablecoin regulations
In recent developments, the UK’s top bank says it will roll out stablecoin rules “just as quickly as the US” amid concerns that it’s lagging behind global allies. Looking closer,…
Zerohash Secures Dutch Authorization to Serve European Clients
In recent developments, zerohash Europe obtains AFM MiCAR authorization to provide regulated crypto and stablecoin infrastructure across the EEA. Zerohash Europe announces in Amsterdam that it has received authorization under…
Binance CEO denies allegations company pushed Trumps’ stablecoin: Report
In recent developments, richard Teng said Binance “didn’t partake” in the decision for an Abu Dhabi-based company to use World Liberty Financial’s USD1 for a $2 billion investment into the…
DeFi sleuths trace $284M in loans and stablecoin risk linked to Stream Finance
In recent developments, yields and More maps out $284 million in DeFi debt tied to Stream Finance, exposing complex loops across stablecoins and lending markets. Looking closer, market participants highlight…
Stablecoins deserve better, and they’re finally getting it
In recent developments, stablecoin settlement times vary wildly depending on their blockchain. Purpose-built payment chains must remain open, or they will repeat TradFi fragmentation. Looking closer, market participants highlight key…
