TradFi advisors want stablecoins, tokenization over Bitcoin: Bitwise
In recent developments, bitwise’s Matt Hougan says it was “pretty hard to engage with advisors on Bitcoin” during recent discussions, who are more interested in stablecoins and tokenization. Looking closer,…
South Africa Rules out Foreign Stablecoins as Payment Tools to Curb Dollariza…
In recent developments, south African financial regulators have clarified that cryptocurrencies and stablecoins are not legal tender. Crypto Still Excluded From Legal Tender Status South African regulators have reiterated that…
ECB official says stablecoins risk importing old market flaws
In recent developments, eCB board member Isabel Schnabel warned that stablecoins could bring money-market risks into tokenized finance and reinforce US dollar dominance. Looking closer, market participants highlight key drivers…
US, UK central bankers offer contrary views on stablecoins
In recent developments, federal Reserve governor Christopher Waller told a conference on Sunday that stablecoins expand the reach of US policy while the Bank of England’s Megan Greene expects their…
Tether’s $141 billion Treasury pile reveals the stablecoin risk now embedde…
In recent developments, there’s a huge contradiction sitting at the center of modern American finance. The same industry regulators tried to isolate from the mainstream financial system has become one…
Societe Generale deploys stablecoins on Canton for tokenized finance
In recent developments, france’s SocGen plans to use its EURCV and USDCV stablecoins for tokenized collateral, repo financing and institutional settlement activity on the Canton blockchain network. Looking closer, market…
90% of Peru’s $28 Billion Crypto Market Is Now Driven by Stablecoins
In recent developments, according to Binance’s Latam North General Manager, Daniel Acosta, stablecoins now account for up to 90% of the $28 billion in annual volumes transacted in the Peruvian…
Stablecoins won’t strengthen global role of euro, ECB’s Lagarde says
In recent developments, eCB President Christine Lagarde said Europe should build tokenized settlement infrastructure anchored by central bank money rather than rely on private stablecoins. Looking closer, market participants highlight…
UAE-regulated stablecoins to develop AED-USD conversion rails for institution…
In recent developments, the framework will enable near-instant conversion between dirham- and dollar-denominated stablecoins under the United Arab Emirates’s regulated payment token system. Looking closer, market participants highlight key drivers…
‘Stablecoins’ are an outdated term from crypto’s early years: A16z
In recent developments, john Palmer, a developer and brand adviser, agreed, said it “feels like a bug” to call them stablecoins and that they should have a self-defined and non-reactionary…
XRP Struggles Near $1.10 Despite Ripple’s EU Regulatory Milestone
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