#stablecoins

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#cryptocurrency

Giant Cryptocurrency Issuer Circle Moves Headquarters to New York City

Circle is moving its headquarters to NYC, preparing for an IPO, highlighting its growth in the cryptocurrency market.

First Mover Americas: Bitcoin Drops Below $60K Ahead of Expected Fed Rate Cut

Bitcoin price fluctuates as traders brace for a potential interest-rate cut by the Fed, impacting cryptocurrencies.
Ethereum's stability amid downturns shows potential value and widespread usage in DeFi despite its current prices.

Trump is hawking tokens for a crypto project he still hasn't explained

Trump's new project, World Liberty Financial, aims to increase stablecoin adoption without clear operational details.

The big boys want in on crypto, too

Financial institutions are increasingly investing in and developing their own stablecoins, showing a significant shift towards integrating crypto into traditional finance.

DeFi's Renaissance

Regulatory changes are likely to create a more favorable environment for decentralized finance (DeFi) and stablecoins, enhancing institutional interest and participation.

Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries

Tether reported $2.5 billion in Q3 profits, totaling $7.7 billion year-to-date, driven by U.S. Treasury yields and rising gold prices.

Giant Cryptocurrency Issuer Circle Moves Headquarters to New York City

Circle is moving its headquarters to NYC, preparing for an IPO, highlighting its growth in the cryptocurrency market.

First Mover Americas: Bitcoin Drops Below $60K Ahead of Expected Fed Rate Cut

Bitcoin price fluctuates as traders brace for a potential interest-rate cut by the Fed, impacting cryptocurrencies.
Ethereum's stability amid downturns shows potential value and widespread usage in DeFi despite its current prices.

Trump is hawking tokens for a crypto project he still hasn't explained

Trump's new project, World Liberty Financial, aims to increase stablecoin adoption without clear operational details.

The big boys want in on crypto, too

Financial institutions are increasingly investing in and developing their own stablecoins, showing a significant shift towards integrating crypto into traditional finance.

DeFi's Renaissance

Regulatory changes are likely to create a more favorable environment for decentralized finance (DeFi) and stablecoins, enhancing institutional interest and participation.

Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries

Tether reported $2.5 billion in Q3 profits, totaling $7.7 billion year-to-date, driven by U.S. Treasury yields and rising gold prices.
morecryptocurrency

The HackerNoon Newsletter: The Unexpected Weight of Immortality (11/29/2024) | HackerNoon

Atari's Pong release, Enos in space, and Edison's phonograph mark major tech moments on this day.
Stablecoin development on BTC via Rootstock aligns with Satoshi's original cryptocurrency vision.
#crypto-industry

UK to Draft a Regulatory Framework for Crypto, Stablecoins Early Next Year

The U.K. is drafting crypto regulations to provide clarity and stability for the industry, coinciding with the EU's existing crypto rules.

Forget Meme Coins, Crypto Utility Is Already Here

Memecoins have surged in popularity, yet more than 99% fail, raising concerns over their impact on the broader crypto industry's reputation.

UK to Draft a Regulatory Framework for Crypto, Stablecoins Early Next Year

The U.K. is drafting crypto regulations to provide clarity and stability for the industry, coinciding with the EU's existing crypto rules.

Forget Meme Coins, Crypto Utility Is Already Here

Memecoins have surged in popularity, yet more than 99% fail, raising concerns over their impact on the broader crypto industry's reputation.
morecrypto-industry
#federal-reserve

US debt sustainability now seen as top financial stability risk

US government debt is now considered the most significant risk to financial stability, surpassing inflation concerns.
The Federal Reserve's report highlights various financial risks but finds the banking sector resilient overall.

Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Standard Chartered's Regional Head Says

Stablecoins could provide stability for tokenized Treasuries amid the Federal Reserve's interest rate cuts.

US debt sustainability now seen as top financial stability risk

US government debt is now considered the most significant risk to financial stability, surpassing inflation concerns.
The Federal Reserve's report highlights various financial risks but finds the banking sector resilient overall.

Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Standard Chartered's Regional Head Says

Stablecoins could provide stability for tokenized Treasuries amid the Federal Reserve's interest rate cuts.
morefederal-reserve
#crypto-regulation

New UK crypto regulations will include stablecoins and staking services | TechCrunch

The U.K. plans to regulate the crypto sector comprehensively by early 2025.

Crypto Friendly SEC and Senate Banking Committee Expected Under Trump: Bernstein

U.S. election results may lead to a more crypto-friendly regulatory environment, boosting progress for digital asset legislation.

Tether CEO Ardoino Says He Expects U.S. Will Catch Up in Crypto Regulation

Tether's CEO advocates for sensible U.S. crypto regulations, emphasizing the importance of cooperation with law enforcement and the global benefits of stablecoins.

UK to Draft a Regulatory Framework for Crypto, Stablecoins Early Next Year

The U.K. will introduce a regulatory framework for the crypto industry, addressing stablecoins and staking services by early next year.

New UK crypto regulations will include stablecoins and staking services | TechCrunch

The U.K. plans to regulate the crypto sector comprehensively by early 2025.

Crypto Friendly SEC and Senate Banking Committee Expected Under Trump: Bernstein

U.S. election results may lead to a more crypto-friendly regulatory environment, boosting progress for digital asset legislation.

Tether CEO Ardoino Says He Expects U.S. Will Catch Up in Crypto Regulation

Tether's CEO advocates for sensible U.S. crypto regulations, emphasizing the importance of cooperation with law enforcement and the global benefits of stablecoins.

UK to Draft a Regulatory Framework for Crypto, Stablecoins Early Next Year

The U.K. will introduce a regulatory framework for the crypto industry, addressing stablecoins and staking services by early next year.
morecrypto-regulation
#defi

Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change

The introduction of a freeze function in MakerDAO's Dai raises concerns among DeFi enthusiasts but is defended as necessary for compliance and adoption.

Stablecoin company Noble raises $15 million in Series A from Paradigm

The rise of stablecoins has prompted companies to create their own tokens, but distribution remains a challenge due to fragmented blockchain platforms.

Stablecoin Issuing System M^0 Employs Fireblocks for Crypto Custody

M^0's collaboration with Fireblocks enables seamless stablecoin minting and validation for institutions, enhancing crypto asset workflow and key management efficiency.

SocGen's Crypto Unit Takes Euro Stablecoin to Solana After Flopping on Ethereum

SG Forge is testing the market for euro stablecoin EUR CoinVertible on Solana after limited success on Ethereum.

Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD

Curve Finance is proposing to remove TUSD as collateral for crvUSD amid stability and regulatory concerns.

Juiced USDS Yields Woo Solana Traders to Sky's Stablecoin

USDS, Sky's new stablecoin, quickly gained traction on Solana, surpassing $89 million in supply within the first day due to aggressive incentives.

Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change

The introduction of a freeze function in MakerDAO's Dai raises concerns among DeFi enthusiasts but is defended as necessary for compliance and adoption.

Stablecoin company Noble raises $15 million in Series A from Paradigm

The rise of stablecoins has prompted companies to create their own tokens, but distribution remains a challenge due to fragmented blockchain platforms.

Stablecoin Issuing System M^0 Employs Fireblocks for Crypto Custody

M^0's collaboration with Fireblocks enables seamless stablecoin minting and validation for institutions, enhancing crypto asset workflow and key management efficiency.

SocGen's Crypto Unit Takes Euro Stablecoin to Solana After Flopping on Ethereum

SG Forge is testing the market for euro stablecoin EUR CoinVertible on Solana after limited success on Ethereum.

Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD

Curve Finance is proposing to remove TUSD as collateral for crvUSD amid stability and regulatory concerns.

Juiced USDS Yields Woo Solana Traders to Sky's Stablecoin

USDS, Sky's new stablecoin, quickly gained traction on Solana, surpassing $89 million in supply within the first day due to aggressive incentives.
moredefi
#bitcoin

Trump Embraces the "Bitcoin-Dollar", Stablecoins to Entrench US Financial Hegemony

Trump plans to integrate Bitcoin and stablecoins to extend the dominance of the U.S. dollar globally.

Stablecoins Are Not Your Friends

Stablecoins undermine Bitcoin's core principles by propping up the US dollar rather than providing a Bitcoin-native solution to volatility.

Record Stablecoin Liquidity, Spike in BTC Transactions Could Fuel Bitcoin Price Surge

Stablecoin market capitalization has reached $169 billion, indicating potential bullish movements in Bitcoin prices as liquidity increases.

Bitcoin's Future in Payments: Overcoming Stablecoin Dominance with Fiatless Fiat

Bitcoin developers are exploring alternatives to stablecoins to maintain Bitcoin's vision of financial sovereignty.

Stablecoin Supply Growth Isn't Eating Into Crypto Market Share: JPMorgan

Stablecoin growth reflects an increase in total crypto market cap rather than a rise in market share.
Regulatory clarity and new product launches are attracting investors to stablecoins.

First Mover Americas: Bitcoin Slides After Wednesday's Tech Rout

Bitcoin fell to $64,000 amid a market rout, leading to significant liquidations. Ether dropped 8%, with Grayscale's ETHE experiencing outflows.

Trump Embraces the "Bitcoin-Dollar", Stablecoins to Entrench US Financial Hegemony

Trump plans to integrate Bitcoin and stablecoins to extend the dominance of the U.S. dollar globally.

Stablecoins Are Not Your Friends

Stablecoins undermine Bitcoin's core principles by propping up the US dollar rather than providing a Bitcoin-native solution to volatility.

Record Stablecoin Liquidity, Spike in BTC Transactions Could Fuel Bitcoin Price Surge

Stablecoin market capitalization has reached $169 billion, indicating potential bullish movements in Bitcoin prices as liquidity increases.

Bitcoin's Future in Payments: Overcoming Stablecoin Dominance with Fiatless Fiat

Bitcoin developers are exploring alternatives to stablecoins to maintain Bitcoin's vision of financial sovereignty.

Stablecoin Supply Growth Isn't Eating Into Crypto Market Share: JPMorgan

Stablecoin growth reflects an increase in total crypto market cap rather than a rise in market share.
Regulatory clarity and new product launches are attracting investors to stablecoins.

First Mover Americas: Bitcoin Slides After Wednesday's Tech Rout

Bitcoin fell to $64,000 amid a market rout, leading to significant liquidations. Ether dropped 8%, with Grayscale's ETHE experiencing outflows.
morebitcoin
#eu-regulations

Stablecoin Issuer Paxos to Buy Finland's Membrane Finance to Gain EU Access

Paxos is acquiring Membrane Finance to enhance its compliance with EU stablecoin regulations.

Crypto Regulation in 2024: 5 Key Updates You Need to Know | HackerNoon

Cryptocurrency regulations are continuously evolving globally, impacting users and companies directly.

Coinbase to Delist Unauthorized Stablecoins in EU by December

Coinbase will de-list unauthorized stablecoins in the EU by December 30, 2024, to comply with new regulatory requirements.

Stablecoin Issuer Paxos to Buy Finland's Membrane Finance to Gain EU Access

Paxos is acquiring Membrane Finance to enhance its compliance with EU stablecoin regulations.

Crypto Regulation in 2024: 5 Key Updates You Need to Know | HackerNoon

Cryptocurrency regulations are continuously evolving globally, impacting users and companies directly.

Coinbase to Delist Unauthorized Stablecoins in EU by December

Coinbase will de-list unauthorized stablecoins in the EU by December 30, 2024, to comply with new regulatory requirements.
moreeu-regulations
#digital-payments

How Tokenized Money Market Funds Dulled the Stablecoin Star

Stablecoins have experienced significant growth with 11 months of inflows, reaching a market cap of $171 billion, attracting both new and traditional players.

Ripple announces partners for its RLUSD stablecoin

Ripple is set to launch a compliant stablecoin, RLUSD, pending New York regulatory approval.

How Tokenized Money Market Funds Dulled the Stablecoin Star

Stablecoins have experienced significant growth with 11 months of inflows, reaching a market cap of $171 billion, attracting both new and traditional players.

Ripple announces partners for its RLUSD stablecoin

Ripple is set to launch a compliant stablecoin, RLUSD, pending New York regulatory approval.
moredigital-payments

Virtual Assets Lab (VAL.com) Announces Next-Generation Stablecoin Management And Wallet Platform | HackerNoon

Virtual Assets Lab has introduced a cutting-edge platform for stablecoin management and wallet solutions, tailored for secure and compliant digital finance.

RWA Tokenization:Catching Up With The Numbers, The Institutional Players, And The Market Predictions | HackerNoon

RWA tokenization is rapidly emerging as a transformative force in global finance, driven by stablecoins and increasing institutional adoption.
#blockchain

The Paradox of Stablecoins: The Savior or Achilles' Heel of Crypto? | HackerNoon

Stablecoins may compromise the original promise of blockchain autonomy by linking too closely with traditional financial institutions.

Stablecoins vs Tokenized Deposits: Why the Differences Matter

Tokenized deposits and stablecoins are distinct concepts that impact their use cases, regulatory approaches, and understanding of money.
Understanding the differences between tokenized deposits and stablecoins is pivotal for recognizing their roles in the financial ecosystem.

Solana-Based RWA Platform AgriDex Taps Stripe's Bridge to Lower Cost for Agricultural Trade Settlements

AgriDex leverages Bridge to enhance the efficiency of cross-border agricultural transactions on the Solana blockchain.

Crypto Usage Setting Records Amid Regulatory Uncertainty, A16z Says in Report

Crypto usage has soared, with 220 million blockchain addresses recorded, emphasizing the rise of stablecoins and the challenges of regulatory clarity affecting the market.

BBVA plans Visa-backed stablecoin launch in 2025

BBVA aims to launch its own stablecoin by 2025, leveraging Visa's support to explore digital asset tokenization.

Stripe's Acquisition of Bridge Validates the Usage of Stablecoins: Bernstein

The Bridge acquisition by Stripe validates the use of stablecoins for public blockchains, especially in cross-border payments.

The Paradox of Stablecoins: The Savior or Achilles' Heel of Crypto? | HackerNoon

Stablecoins may compromise the original promise of blockchain autonomy by linking too closely with traditional financial institutions.

Stablecoins vs Tokenized Deposits: Why the Differences Matter

Tokenized deposits and stablecoins are distinct concepts that impact their use cases, regulatory approaches, and understanding of money.
Understanding the differences between tokenized deposits and stablecoins is pivotal for recognizing their roles in the financial ecosystem.

Solana-Based RWA Platform AgriDex Taps Stripe's Bridge to Lower Cost for Agricultural Trade Settlements

AgriDex leverages Bridge to enhance the efficiency of cross-border agricultural transactions on the Solana blockchain.

Crypto Usage Setting Records Amid Regulatory Uncertainty, A16z Says in Report

Crypto usage has soared, with 220 million blockchain addresses recorded, emphasizing the rise of stablecoins and the challenges of regulatory clarity affecting the market.

BBVA plans Visa-backed stablecoin launch in 2025

BBVA aims to launch its own stablecoin by 2025, leveraging Visa's support to explore digital asset tokenization.

Stripe's Acquisition of Bridge Validates the Usage of Stablecoins: Bernstein

The Bridge acquisition by Stripe validates the use of stablecoins for public blockchains, especially in cross-border payments.
moreblockchain

The HackerNoon Newsletter: Zuzalu is Dead. Long Live Zuzalu! - Metamorphosis Commenced v3 (11/6/2024) | HackerNoon

The article discusses significant tech news, emphasizing China's digital yuan's implications for privacy and the U.S. investigation into Tether's stablecoin operations.
#tokenization

Tether's $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play

Tether invests $100 million in Adecoagro to advance tokenization of agriculture through collaboration on new stablecoins.

U.S. Treasury Advisory Panel Says Tokenization Could Be Big, But May Need Central Control

The U.S. Treasury Department's committee views tokenization as beneficial for financial assets while warning of risks associated with stablecoins.

Tether's $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play

Tether invests $100 million in Adecoagro to advance tokenization of agriculture through collaboration on new stablecoins.

U.S. Treasury Advisory Panel Says Tokenization Could Be Big, But May Need Central Control

The U.S. Treasury Department's committee views tokenization as beneficial for financial assets while warning of risks associated with stablecoins.
moretokenization
#cryptocurrency-regulation

Treasury will define U.S. crypto policy - eventually

Treasury's lack of a clear vision on cryptocurrency regulation leads to confusion in the industry.

Tokenized Treasuries Like Blackrock's BUIDL Will Challenge Stablecoins But Won't Fully Replace Them: JPMorgan

Tokenized treasuries will not fully replace stablecoins due to regulatory disadvantages and lower liquidity.

Treasury will define U.S. crypto policy - eventually

Treasury's lack of a clear vision on cryptocurrency regulation leads to confusion in the industry.

Tokenized Treasuries Like Blackrock's BUIDL Will Challenge Stablecoins But Won't Fully Replace Them: JPMorgan

Tokenized treasuries will not fully replace stablecoins due to regulatory disadvantages and lower liquidity.
morecryptocurrency-regulation
#global-financial-system

The Race to Dominate Stablecoins

Stablecoins have the potential to reshape the global financial system, leading to competition and innovation in money movement.

Circle's Allaire: Stablecoins Could Expand by Trillions in 10 Years, Will Be Integral Part of Global Financial System

Stablecoins could capture 5%-10% of the global money supply in the next decade.
Stablecoin market could grow to $5-$10 trillion as adoption increases.

The Race to Dominate Stablecoins

Stablecoins have the potential to reshape the global financial system, leading to competition and innovation in money movement.

Circle's Allaire: Stablecoins Could Expand by Trillions in 10 Years, Will Be Integral Part of Global Financial System

Stablecoins could capture 5%-10% of the global money supply in the next decade.
Stablecoin market could grow to $5-$10 trillion as adoption increases.
moreglobal-financial-system

Andy Barr's 'Vision' for House Financial Services

Congressman Andy Barr emphasizes the importance of balanced regulations to foster innovation in the U.S. crypto space as he vies for committee chair.
#crypto

VanEck launches new $30 million fund to invest in Crypto, AI and FinTech

VanEck launches a $30 million fund for early-stage Crypto, AI, and FinTech startups with a focus on stablecoins.

Trump's New Crypto Project Is a Type Linked to Organized Crime and Terrorism

Trump has shifted stance on crypto due to financial support from the crypto lobby, promoting World Liberty Financial despite its controversial nature.

'We are Running Out of Time': U.S. House Democrat Urges Stablecoin Bill Compromise

Bipartisan efforts on stablecoin legislation may succeed if urgency is recognized by Congress before the session concludes.

VanEck launches new $30 million fund to invest in Crypto, AI and FinTech

VanEck launches a $30 million fund for early-stage Crypto, AI, and FinTech startups with a focus on stablecoins.

Trump's New Crypto Project Is a Type Linked to Organized Crime and Terrorism

Trump has shifted stance on crypto due to financial support from the crypto lobby, promoting World Liberty Financial despite its controversial nature.

'We are Running Out of Time': U.S. House Democrat Urges Stablecoin Bill Compromise

Bipartisan efforts on stablecoin legislation may succeed if urgency is recognized by Congress before the session concludes.
morecrypto

Open Interest in XRP Zooms to $1B as Ripple Tests RLUSD Stablecoin

XRP open interest surpasses $1 billion due to excitement over the RLUSD stablecoin.
Ripple's RLUSD could enhance cross-border payments and DeFi integration.
Speculative trading in XRP futures has notably increased recently.

The TechBeat: From Clicks to Value: TapSwap's Sustainable Approach to Tap-to-Earn (9/28/2024) | HackerNoon

The integration of AI skills in cybersecurity is crucial for adapting to modern cyber threats.

Circle's USDC in Brazil and Mexico Now Available to Businesses Via Banking System

Circle expands USDC availability through integrations with local banks in Brazil and Mexico, enhancing accessibility for corporate users.

EU Regulator Sees Official Journal Publication of Stablecoin Standards Before Year-End

Standards for stablecoin issuers in the EU are expected to be finalized by the end of the year.

SEC Might Challenge FTX Bankruptcy Estate From Paying Back Customers With Stablecoins

The SEC is challenging the FTX bankruptcy plan, questioning the legality of using crypto assets for creditor distributions.

Crypto = One-Size-Fits-All: The Key to Driving Adoption in Africa | HackerNoon

Emerging markets, particularly Africa, are essential for mass crypto adoption, driven mostly by practical utility rather than ideological beliefs like in the West.
#crypto-market

Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B

Expansion of stablecoin market is bullish for crypto ecosystem.

DeFi Summer Is Making a Comeback, Steno Research Says

Decentralized finance (DeFi) is expected to rebound significantly, driven by lower interest rates and increased stablecoin supply by next year.

Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B

Expansion of stablecoin market is bullish for crypto ecosystem.

DeFi Summer Is Making a Comeback, Steno Research Says

Decentralized finance (DeFi) is expected to rebound significantly, driven by lower interest rates and increased stablecoin supply by next year.
morecrypto-market
from Coindesk
3 months ago

Bitcoin's Prospects Strengthen as Key Stablecoin Metric Slides to Lowest Level in 18 Months

Reduced 'exchange stablecoins ratio' indicates declining selling pressure in the BTC market.

What is a USD Stablecoin and Do We Really Have Hundreds of Them? | HackerNoon

Final settlement in USD stablecoins without physical currency movement is facilitated through digital infrastructure like the Lightning Network.

Reimagining Financial Transactions with Banxe: The Frictionless Economy

Businesses can benefit from low fees, swift global transactions, and stability by integrating stablecoins like Banxe into their financial operations.

Stablecoin surge: Tether's headroom for growth

Tether's market cap grows to $157 billion with significant dominance in stablecoin market.
#crypto-transactions

What Visa's Organic' Stablecoin Report Misses

Stablecoin transactions in crypto are largely driven by bots, with less than 10% involving real people.

More than 90% of stablecoin transactions aren't from real users, study finds

Stablecoin transaction volumes mainly from non-genuine users raise concerns about their widespread use as a payment method.

What Visa's Organic' Stablecoin Report Misses

Stablecoin transactions in crypto are largely driven by bots, with less than 10% involving real people.

More than 90% of stablecoin transactions aren't from real users, study finds

Stablecoin transaction volumes mainly from non-genuine users raise concerns about their widespread use as a payment method.
morecrypto-transactions
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