Stablecoins $205 Billion Market What’s Next for Global Payments

Stablecoins are becoming an important part of the cryptocurrency world, designed to hold a stable value tied to traditional currencies. These digital tokens have gained interest from financial institutions and technology companies. As the need for efficient and reliable payment…

Why Did Circle Raise Fees Amid 70% Stablecoin Market Dominance?

Circle Internet Financial Ltd., has recently undergone notable changes impacting the fees for redeeming USDC, its widely-used stablecoin. The latest restructuring in Circle’s redemption policies reveals strategic adjustments designed to align the platform more closely with global liquidity needs while…

Anthony Pompliano on Stablecoins and U.S. Dollar: Could They Fuel the Next Bull Market?

Anthony Pompliano in a recent interview with CNBC shared his view about stablecoins and U.S. dollar, and on how they might fuel the next bull market.  According to Pompliano, Bitcoin and stablecoins could become key drivers of economic activity, especially…

Stablecoins payments in Singapore grow toward $1 billion in Q2

Stablecoins have been at the forefront of digital finance in recent years, particularly in countries with progressive financial ecosystems like Singapore. As businesses and individuals increasingly seek efficient and low-cost solutions for digital payments, stablecoins offer a compelling alternative. This…

Stablecoins Drive Change in Russian Commodities Trade

The landscape of financial transactions for Russian commodities firms has undergone a significant transformation. In the face of mounting international sanctions and financial restrictions, these firms have turned to innovative solutions to ensure the seamless execution of cross-border deals. Among…

US Senators Cynthia Lummis and Kirsten Gillibrand Propose Bipartisan Legislation for Payment Stablecoins

US senators Cynthia Lummis and Kirsten Gillibrand have joined forces to introduce a groundbreaking bipartisan legislation known as the Lummis-Gillibrand Payments Stablecoin Act. The primary objective of this proposed law is to establish a clear regulatory framework for payment stablecoins…

20% Yields and Regulatory Uncertainty: The Resurgent Interest in Stablecoins Amid Risks

In the tumultuous landscape of cryptocurrencies, the investment mechanism behind stablecoins is witnessing a resurgence. This approach, fraught with both allure and risk, aims to create a stablecoin pegged to the US dollar while offering yields comparable to traditional markets.…

Federal Reserve’s Barr Warns of Uncontrolled Volatility in Stablecoins and Private Cryptocurrencies, Including Bitcoin, Without Regulatory Safeguards

Bitcoin whales have been consistently accumulating the cryptocurrency since the beginning of 2023, resulting in a substantial increase in the number of addresses holding more than 1,000 BTC. These whale addresses have collectively acquired a staggering total of 7.66 million…

BlackRock Identifies Risks of USDT and USDC Stablecoins to Bitcoin

The BlackRock Spot Bitcoin ETF filing has recently made waves in the digital asset sector, capturing the attention of market participants and enthusiasts worldwide. As the largest asset manager globally, BlackRock’s decision to pursue a Spot Bitcoin ETF has garnered…

United Arab Emirates Introduces Comprehensive Regulations and Legislation for Stablecoins and Digital Assets

In a significant move towards fostering a robust and secure digital asset ecosystem, the United Arab Emirates (UAE) has recently issued comprehensive regulations and legislation pertaining to stablecoins and digital assets. These new measures aim to provide clarity, legal certainty,…