Deutsche Bank close to debuting crypto custody for institutions
The service will support a select range of cryptocurrencies at debut, including bitcoin and ether and stablecoins like USDC and EURC. Source：CoinDesk
Deutsche Bank awaits regulatory nod to launch institutional crypto custody solutions
Germany’s largest bank is awaiting regulatory approval to launch institutional custody solutions for Bitcoin, Ether and select stablecoins before expanding…
BIS paper finds major gap in Bitcoin onchain transfer estimates
A BIS study found widely used crypto metrics can obscure economic activity, with measurement challenges spanning Bitcoin, Ethereum and stablecoins.…
USDT payments feature in Polish energy giant’s failed $230M oil deal: FT
Tether’s USDT stablecoin was part of a failed oil trade that reportedly cost a Polish energy giant $230 million in late 2023. Source：Cointelegraph
Circle's $400M Tazapay deal buys emerging market links that take ‘years to build’
Stablecoins' “next battleground is in emerging markets,” one expert said, as Circle looks to expand USDC's reach where rival Tether has long been strong.…
Tether pushes into private credit with $400 million fund with Fasanara
The USDT issuer will help source lending opportunities and provide stablecoin payment infrastructure for Fasanara's private credit network. Source：CoinDesk
Crypto Long & Short: Inside the 300-to-1 onchain gap between the dollar and euro
Ryan Connor of RockawayX writes that the dollar leads the euro about 3 to 1 across the offchain economy and more than 300 to 1 onchain. Europegged stablecoins…
Franklin Templeton digital asset veteran takes helm at StablecoinX
Former Franklin Templeton digital asset executive Christopher Jensen will lead StablecoinX, the largest corporate holder of Ethena’s ENA token.…
Stablecoin wallets challenge traditional bank accounts as main consumer money hub
Industry leaders debate whether digital dollar wallets will dismantle traditional bank accounts or simply modernize the underlying infrastructure.…
Ethena pushes stablecoins into everyday banking with high-yield savings, cards and payments
Ethena Pay offers a 6% dollar savings rate and 5% card cashback, using Avalanche for settlement. Source：CoinDesk
Bitcoin and Ether bears get decimated amid 'squeeze-led' rally and Musk's X wants to pay creators in stablecoins: Crypto week in 5 stories
Bitcoin and crypto staged their strongest rally in months as Treasury intervention, regulatory moves and a historic short squeeze collided, while banks and…
Cash App's crypto support expands beyond bitcoin and USDC via MoonPay
Eligible Cash App users will be able to use their balances to purchase digital assets offered by MoonPay, which include ether, solana and stablecoin USDT.…