Tag: stablecoin
Galaxy Cuts CLARITY Act Passage Odds to 10% Amid Stablecoin Disputes
Galaxy Digital slashes crypto regulation bill odds as Senate faces stablecoin yield conflicts and narrow legislative window in September.
BlackRock Tokenizes $311B in European Money Market Funds
The asset giant expands its stablecoin and tokenized RWA push across 15 European markets, signalling institutional appetite for blockchain-based cash management.
IMF Flags Brazil Stablecoin Growth Outpacing Traditional Capital Flows
International Monetary Fund warns Brazil's stablecoin market has expanded rapidly, with cross-border crypto flows growing faster than traditional investment channels.
ECB Warns Stablecoins Risk Hollowing Out European Bank Deposits
ECB board member Cipollone flags stablecoin growth as threat to bank deposits and lending capacity. Digital euro pilot launches 2027.
SBI Launches Japanese Yen Stablecoin Lending at 3% Yield
Japan's SBI VC Trade opens stablecoin lending service for JPYSC, offering 3% annualized returns and signaling a shift toward yield-bearing digital assets in Asia.
IMF Warns Stablecoins May Trigger Currency Crises in Fixed-Rate Regimes
IMF research shows dollar stablecoins can worsen currency runs in nations with fixed exchange rates, despite improving FX access for citizens.
India's Central Bank Pushes Stablecoin Containment Strategy Amid Tokenization Push
RBI proposes isolating crypto from banking while carving out exceptions for tokenized securities, signalling a nuanced approach to digital assets regulation.
Trump Stablecoin USD1 Pays UFC Fighters at White House Event
World Liberty Financial's USD1 stablecoin used for $250K bonus pool at UFC Freedom 250, marking major commercial deployment amid past controversies.