#stablecoin News & Analysis

JPMorgan CEO Says Bank Must Build Its Own Blockchain To Counter Crypto Threats

US Treasury moves forward with GENIUS Act, focusing on illicit finance

US Treasury plans sweeping AML leash for dollar stablecoin issuers

Six Swiss banks join forces to build a unified digital franc

Latin America’s Crypto Boom Forces Compliance Teams to Act Fast on Stablecoin Risk

Stablecoin issuers get closer to U.S. federal rules with FDIC's new proposal

Africa’s Crypto Adoption Jumps 52% as South Africa, Nigeria, Kenya, and Mauritius Advance Regulation

XRP Headed For A Price Shock, Japan’s Financial Heavyweight Says

SBI Holdings CEO Yoshitaka Kitao, whose company is Ripple's largest external shareholder, stated that XRP 'will be very expensive,' citing potential positive outcomes from Ripple's ongoing legal proceedings with US regulators. SBI has backed its XRP commitment with a $64 million blockchain bond offering XRP returns and plans to roll out Ripple's RLUSD stablecoin through its licensed Japanese exchange.

Toss weighs custom blockchain and token amid Korea’s digital asset reset

Korean fintech giant Toss is considering developing its own Layer 1 or Layer 2 blockchain along with a native token to support its 'Money 3.0' stablecoin initiative. This move comes as South Korea finalizes strict digital asset regulations that could reshape the country's crypto landscape.

Clarity Act sprint raises hopes for stablecoin yield compromise

Crypto lobbyists, banks, and the White House are working toward a compromise on stablecoin yields that could advance the Clarity Act and establish regulations for digital dollar rewards in the U.S. This potential agreement could resolve the long-standing dispute between U.S. crypto firms and regulators over stablecoin yield mechanisms.

Resolv Labs burns hacked USR as exploit losses hit $34m

Resolv Labs burned 36.7 million USR stablecoins after a security breach allowed an attacker to mint 80 million unbacked tokens through key compromise. The exploit resulted in $24.5 million in ETH being dumped and created a $34 million hole in the protocol's reserves.

Tether Faces Investor Pushback Over $500B Valuation in Planned Funding Round

Tether is seeking a $500 billion valuation in its planned funding round but faces significant investor resistance due to the massive scale. The company may delay the round if investor commitments don't meet their threshold, with some investors expressing caution about backing a deal larger than most major U.S. banks.

Tether Issues 14-Day Deadline In High-Stakes $500 Billion Deal

Tether has issued a 14-day deadline for potential investors to commit to a funding round that would value the stablecoin giant at $500 billion. This valuation would position Tether above major American banks, representing one of the largest fundraising efforts in cryptocurrency history.

Stablecoins flip automated clearing house volume in February

SoFi Technologies (SOFI) Stock Dips Following Round-the-Clock Banking Platform Debut

How Stablecoins Are Challenging the Core Funding Model of Modern Banking

XRP Ecosystem Enters Regulated UAE Market With Historic Approval

Ethereum Dominates Tokenized Assets Market With 61.4% Share and $206.2 Billion Value

CLARITY Act Stirs Debate as Coinbase Pushes Back on Stablecoin Yield Restrictions

Visa Joins Canton Network as Super Validator to Power Private Blockchain Payments for Banks

Ethereum Network Activity Rises as DeFi Liquidity and U.S. Regulatory Clarity Converge

Stablecoin Volume Surpasses $30 Trillion Annually, Rivaling Traditional Payment Giants

XRP Positioned At The Center Of Wall Street’s Tokenization Boom — Is A Rally Emerging?

Tether taps Big Four firm KPMG for first financial audit of $184 billion stablecoin issuer: FT

Tether, the issuer of the world's largest stablecoin worth $184 billion, has engaged Big Four accounting firm KPMG to conduct its first comprehensive financial audit. This marks a significant upgrade from the monthly attestations previously provided by BDO Italia, which were less rigorous than a full audit.

Tether Enlists KPMG for Comprehensive Audit of $185B USDT Reserves

Tether has engaged KPMG to conduct a comprehensive audit of its $185 billion USDT reserves, while also hiring PwC for system preparation. This move represents a significant shift toward transparency as Tether seeks to expand operations in the U.S. under evolving regulatory requirements.