Stablecoin

Crypto Week in US Congress: What to Expect From the Biggest Push Yet

Crypto Week in US Congress: What to Expect From the Biggest Push Yet

Key Takeaways: House Republicans are advancing three major crypto bills this week, including one on stablecoins. The GENIUS Act may pass quickly, but the broader CLARITY Act faces resistance from House Democrats. Lawmakers opposing the package cite concerns over governance and potential conflicts tied to Trump-affiliated crypto interests. Congressional Republicans are preparing for “Crypto Week,” […]

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Bank of England on a Collision Course With the US: Banks Should Not Issue Stablecoins

Bank of England on a Collision Course With the US: Banks Should Not Issue Stablecoins

Andrew Bailey, Governor of the Bank of England, warned about the dangers of banks issuing stablecoins, stating that they would remove money from the banking system. His stance contrasts with that of the Trump administration, which views stablecoins as a tool to extend dollar hegemony. Bank of England Governor Warns About Banks Issuing Stablecoins Stablecoins

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Ripple National Trust Bank Targets Fed Access—Is RLUSD About to Go Full Scale?

Ripple National Trust Bank Targets Fed Access—Is RLUSD About to Go Full Scale?

A major leap toward regulated crypto banking is underway as Ripple seeks a national trust bank charter to elevate stablecoin credibility and custody standards. Ripple National Trust Bank Deepens Regulatory Footprint With RLUSD Strategy Ripple is advancing its regulatory ambitions with an application to establish Ripple National Trust Bank, signaling a deepening push into federally

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USDT Hits 0B—Stablecoins Swell to 7B in Just 7 Days

USDT Hits $160B—Stablecoins Swell to $257B in Just 7 Days

The stablecoin economy picked up fresh momentum this week, growing by another $2.693 billion over the past seven days. Tether’s USDT continues to lead the pack, now flaunting a market cap of $160 billion, according to data from defillama.com. With new capital flowing in, the sector shows no signs of slowing its climb—at least for

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Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin, Report Says

Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin, Report Says

Chinese fintech giant Ant Group is reportedly partnering with Circle Internet Group to integrate its USDC stablecoin into Ant’s blockchain platform. A Strategic Move Amid China’s Stablecoin Push Chinese fintech firm Ant Group is reportedly collaborating with global digital asset platform Circle Internet Group to incorporate its USDC stablecoin onto the Jack Ma–backed company’s blockchain

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Agora Raises M Series A Led by Paradigm to Expand Stablecoin Platform

Agora Raises $50M Series A Led by Paradigm to Expand Stablecoin Platform

Stablecoin platform Agora has secured $50 million in a Series A funding round led by crypto venture firm Paradigm, with additional support from Dragonfly Capital. Key Takeaways: Agora raised $50 million in a Series A round led by Paradigm to expand its stablecoin platform. The funding arrives as US regulators advance stablecoin legislation with the

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Ripple’s RLUSD Boosts Transparency and Compliance, Signals Finance Shift

Ripple’s RLUSD Boosts Transparency and Compliance, Signals Finance Shift

Ripple USD just took a giant leap toward mainstream financial dominance, with institutional backing and regulatory clarity setting the stage for explosive global adoption. RLUSD Highlights Regulatory Trust in Global Finance Evolution Stablecoins are gaining ground as trusted financial instruments, with major custodial partnerships pointing to a broader institutional shift in how digital assets are

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HSBC Bank Pilots e-HKD+ Stablecoin Across Various Blockchains – Chinese CBDC Coming?

HSBC Bank Pilots e-HKD+ Stablecoin Across Various Blockchains – Chinese CBDC Coming?

HSBC, the largest bank in Hong Kong, has successfully completed a series of blockchain experiments under the Hong Kong Monetary Authority’s (HKMA) Project e-HKD+. These tests were designed to explore the technical and commercial feasibility of issuing a central bank digital currency (CBDC) version of the Hong Kong dollar. HSBC conducted the experiments across a

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Ripple CEO: Stablecoin Market Could Hit  Trillion in Coming Years

Ripple CEO: Stablecoin Market Could Hit $2 Trillion in Coming Years

Ripple CEO Brad Garlinghouse believes the stablecoin sector is poised for explosive growth, projecting the market could balloon from its current $250 billion capitalization to as much as $2 trillion in the near future. Key Takeaways: Ripple sees a $2 trillion stablecoin market as a realistic near-term outcome. RLUSD has surpassed $500 million in market

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Hong Kong Draws Stablecoin Applications from Over 40 Major Firms

Hong Kong Draws Stablecoin Applications from Over 40 Major Firms

Hong Kong is processing license inquiries from more than 40 companies ahead of its new stablecoin regulation, according to a report published by Yicai. The regulation, under the Stablecoin Bill, will come into effect on August 1, when the Hong Kong Monetary Authority (HKMA) begins accepting formal applications. Major Firms Line Up for Stablecoin Licenses

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