Visa Enhances Support for Stablecoins in Its Settlement Platform
Visa is expanding its payment platform to include support for two additional stablecoins that are pegged to the US dollar, along with two new blockchains and Euros. This was detailed in a press release on July 31st. Lebert Billwacker, Visa’s Global Head of Growth Products and Strategic Partnerships, stated, “Visa is creating the Multicoin and […]
White House Report States Stablecoins Will Maintain Dollar’s Dominance
On July 30, the White House shared a comprehensive report concerning digital asset policies. This report represents one of the most extensive federal collaborations to date aimed at establishing a framework for the cryptocurrency industry. Created over a span of 180 days under Executive Order 14178, the report was developed during a time of significant […]
Interest in stablecoins reaches an all-time high as search activity surges.
Interest in stubcoins has surged this month as new restrictions are approved, driving up the issuance and supply of stablecoins, while agencies look to launch their own tokenized fiat currencies. Previously, search interest peaked in May 2022, just after the collapse of the Depeg and Luna ecosystems connected to the Terra (USTC) algorithm. Recent data […]
ECB advisor questions whether the digital euro can compete with US dollar stablecoins.
ECB Advisor on CBDC and Dollar-Based Stablecoins An advisor to the European Central Bank (ECB) has suggested that the central bank’s digital currency (CBDC) alone may not be sufficient to compete with the growing prevalence of dollar-linked stablecoins. In a blog post on the ECB’s website, Jurgen Schaaf laid out several strategic options for the […]
Tokenized money market funds appear as Wall Street’s response to stablecoins.
JPMorgan strategist Teresa Ho has highlighted that the tokenization of money market funds is essential for preserving the attractiveness of cash as an asset. This shift poses a threat to traditional funding mechanisms, especially with the growth of Stablecoins. In light of Goldman Sachs and New York Mellon Bank’s recent moves to tokenize stocks in […]
This Week in Stablecoins: Wall Street Looks at Government-Approved Blockchain Systems
One of the unexpected developments in 2025 was the introduction of stubcoins into the traditional financial landscape. This decision marked a significant milestone, as it was the first time in U.S. history that a clear regulatory framework for stubcoin issuers and cryptocurrency firms was established. The law was signed by President Donald Trump. On July […]
Ethereum Treasury Company Acquires $5M CryptoPunk and Is Using It to Borrow Stablecoins
Simply put GamesQuare has borrowed Stablecoins using its recently acquired Cryptopunk as collateral. The unique Crypto Punk NFT was bought from Compound founder Robert Leschner for $5.15 million in preferred stock. As of Thursday, GamesQuare held 12,900 ETH, valued at around $48 million. GamesQuare, a digital media firm, announced earlier this week that it purchased […]
Is PayPal’s New Fiat Platform a Threat to Stablecoins?
Simply put PayPal is set to launch a new platform this fall, connecting local wallets like UPI and WeChat Pay to a worldwide merchant network. This service showcases Stablecoin features but operates on traditional fiat systems without using blockchain technology. The initiative comes as PayPal continues to integrate Stablecoin Pyusd into a broader range of […]
More People Own Stablecoins Than Solana: Reown Survey
Simply put A recent survey by Reown indicates that stablecoin holders outnumber those holding Solana. Jess Houlgrave, CEO, noted that crypto payments and stablecoins have emerged as significant use cases for cryptocurrency. While user experience barriers exist, solutions like Wallet Connect networks are addressing issues of network fragmentation. According to a new report from Reown, […]
GENIUS Act prevents Big Tech and banks from controlling stablecoins, according to Circle executive
Restrictions on Stablecoins in the Genius Act The Genius Act includes some lesser-known provisions aimed at preventing major tech companies and Wall Street firms from taking control of the Stablecoin market, as noted by Dante Distare, the chief strategy officer at Circle. “I want to highlight some aspects of the Genius Act—specifically the Libra clause,” […]