Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic
The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022's TerraLuna crash, but stablecoins will likely resume their longterm…
Dollar stablecoins could improve FX access but amplify currency runs: IMF paper
An IMF working paper says dollar stablecoins can improve access to foreign currency but may also help coordinate exits from local currencies during periods of…
Meta's Chief Data Officer Says Agentic Commerce is the "Next Tier of Business"
Alex Schultz says stablecoins are assumed inside Meta. The harder problem is getting the rest of the world there. Source:CoinDesk
Crypto Biz: How stablecoins found their niche
Stablecoins are carving out specialized roles as regulation reshapes the market, while Strategy’s Bitcoin sale and Vanguard’s tokenization push highlight…
Hyundai becomes first major South Korean company to introduce internal stablecoin transfers
The initiative builds on a broader shift by companies exploring stablecoins to move money between international operations more efficiently. Source:CoinDesk
Aave rolls out vaults for yield-hungry fintech investors
Aave's new Stable Vaults product lets wallets, exchanges and payment apps offer yields on stablecoin deposits Source:CoinDesk
Sony Bank gets US regulator nod to issue stablecoins
Sony Bank received preliminary approval from the Office of the Comptroller of the Currency to establish a US stablecoin issuance business, with $40 million in…
Revolut says USDT delisting is limited to EEA, Switzerland
Revolut said USDT support remains unchanged outside EEA and Switzerland as it winds down the stablecoin offering in selected European markets.…
Sony secures conditional approval to set up U.S. stablecoin trust bank
The New Yorkbased subsidiary, fully owned by Sony Bank, will be capitalized with $40 million to support its upcoming stablecoin business operations.…
Bank of Korea stands firm on bank-led stablecoin push as deposit token pilots advance
The Bank of Korea reiterated its call for bankled won stablecoin issuance while advancing deposit token pilots, as issuer rules remain a sticking point in…
Officials set to revise MiCA to cover non-EU stablecoin issuers: Report
EU officials reportedly plan to consider changes to the Markets in CryptoAssets framework, dubbed by some as “MiCA 2.0,” in response to a US stablecoin law and…
Stablecoin-settled TradFi perpetual trading tops $1.1T: Binance Research
A new Binance Research report said stablecoins are fast becoming a preferred settlement layer for tokenized TradFi markets while gaining traction in payments…