Quick Breakdown: The Bank of England plans to cap systemic stablecoin holdings at £10k–£20k for individuals and £10mn for businesses. Crypto industry leaders warn limits would hurt UK competitiveness compared to US and EU markets. Coinbase, trade bodies, and...
Quick breakdown Native Markets won the USDH ticker for Hyperliquid’s dollar stablecoin after a heated community vote. Critics allege the process was skewed toward Native Markets, sidelining larger stablecoin issuers. Industry leaders suggest stablecoins are becoming commoditized, with exchanges...
Quick Breakdown: Circle rolls out new compliance-first rules for its Payments Network (CPN). Framework enables banks and fintechs to scale USDC payments with built-in risk controls. Partnerships with Mastercard and Finastra expand cross-border settlement adoption. Circle has launched new...
Quick Breakdown: Lava Network launched its Smart Router to support Fireblocks and Wyoming’s state-backed stablecoin. Enterprise RPC engine ensures uptime, failover, and compliance-ready audit trails. Fireblocks processes $200B monthly, with 15% of global stablecoin volume. Lava Network has unveiled...
Quick Breakdown: Ethena has submitted a proposal to issue USDH, Hyperliquid's native stablecoin, backed by Anchorage and BlackRock’s BUIDL fund. The plan emphasizes institutional credibility, community revenue sharing, and a guardian validator network for security. Ethena commits $75 million...
Quick Breakdown Bitwise CIO Matt Hougan says banks should raise deposit rewards instead of fighting stablecoins. Stablecoins offer yields of up to 5%, far outpacing US bank savings rates. Banks are lobbying against stablecoin yields, citing risks to lending...
Quick Breakdown Fireblocks and Circle team up to advance institutional-scale stablecoin payments and tokenization. Collaboration delivers secure custody, cross-border treasury solutions, and instant USDC liquidity. The move strengthens onchain financial infrastructure, positioning stablecoins as core rails for global finance....
Quick Breakdown Lion Group reallocates $5M in SOL and SUI into HYPE to strengthen its crypto treasury. BitGo’s new custody solution adds institutional backing to HYPE’s growing adoption. Stock price surges over 20%, reflecting investor confidence in the move....
Quick Breakdown: Executives from Tether and Circle are holding high-level meetings with South Korea’s major banks—Shinhan, Hana, KB Financial, and Woori. Discussions focus on distributing dollar-pegged stablecoins and issuing won-backed tokens. This aligns with President Lee Jae Myung’s pro-crypto...
Quick Breakdown: Ripple teams up with BBVA to launch regulated digital asset custody in Spain. EU’s MiCA rules accelerate bank adoption of crypto services across Europe. Ripple expands RLUSD stablecoin rollout to Africa via Chipper Cash, VALR, and Yellow...
