In brief The Bank of Korea is considering issuing deposit tokens on a public blockchain …
Stablecoins
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Markets
Stablecoins Could Add $2 Trillion to U.S. Treasuries, Predicts Scott Bessent
by shayaanby shayaanIn a recent interview, the U.S. Treasury official Scott Bessent made headlines with his strong …
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The XRP Ledger (XRPL) added three stablecoins, EURØP, USDB, and XSGD, to its ecosystem this …
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Markets
GENIUS Act Vote on May 19: Will the U.S. Finally Regulate Stablecoins?
by shayaanby shayaanThe post GENIUS Act Vote on May 19: Will the U.S. Finally Regulate Stablecoins? appeared …
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Adoption
Institutions double down on stablecoins as trust reaches all-time highs – Fireblocks
by shayaanby shayaanInstitutional adoption of stablecoins has reached an all-time high, supported by technical readiness, declining regulatory …
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Markets
MoonPay Users Can Now Make Stablecoins to Make Payments With Mastercard Partnership
by shayaanby shayaanMoonPay has partnered with Mastercard to let users spend stablecoins at more than 150 million …
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Regulations
Fed council warns stablecoins may pose risk to bank deposits and credit capacity
by shayaanby shayaanMembers of the Federal Reserve’s Community Depository Institutions Advisory Council (CDIAC) raised concerns that nonbank-issued …
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Markets
Stablecoins Will Expand Beyond Crypto Trading, Become Part of Mainstream Economy, Citi Predicts
by shayaanby shayaanThe stablecoin market could soon eclipse the entire crypto trading ecosystem that gave birth to …
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Adoption
Treasury Secretary Scott Bessent sees stablecoins creating $2T in demand for government debt
by shayaanby shayaanThe US Treasury could experience a surge in demand for government debt from the digital …
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Markets
As Meta Said to Mull Tokens, Senator Warren Calls for Blocking Big Tech Stablecoins
by shayaanby shayaanTech titan Meta (META) has reportedly been looking into the possibility of a return to …