Scale of Stablecoin Adoption in Nigeria Makes Risks 'More Pronounced', Says IMF
Efforts to suppress stablecoin use are “likely to be only partly effective,†the International Monetary Fund’s researchers said.
CLARITY Act July 4 Deadline Dead as Ethics and Section 604 Talks Collapse
Bipartisan negotiations on the CLARITY Act fractured on two fronts simultaneously last week. A closed-door ethics session collapsed Tuesday without agreement, and a White House-convened law enforcement meeting on Section 604 ended Wednesday with no…
Trump-backed World Liberty Financial to fund UFC fighter bonuses in USD1 stablecoin at White House event
The deal puts USD1 branding inside the Octagon at an event held on the White House South Lawn, on President Trump's 80th birthday.
Tether USDT Briefly Overtakes Ethereum in Market Cap: A $187B Wake-Up Call
For a few hours, earlier this week, Tether USDT stablecoin held a higher market cap than Ethereum, the first time that has happened in eight years. Data across multiple trackers placed both assets in the $183–188B range during the crossover window, with…
Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a yen-backed crypto stablecoin by the end of Japan fiscal year 2026, March 2027. The stablecoin will be issued under a trust…
Coinbase And Ethena Launch High Yield USDC Vault Powered By Morpho
Coinbase has added a higher-risk USDC yield vault connected to Ethena, Morpho and Steakhouse Financial.
Ripple CEO Accused Jamie Dimon of Lying About CLARITY Act And Called Out $20Bn Reason Why
Ripple CEO Brad Garlinghouse went directly at JPMorgan chief Jamie Dimon on Fox Business Wednesday, accusing him of ‘intentional misrepresentation’ over the CLARITY Act, the pending Senate legislation that would establish a comprehensive…
Community bank group launches new ad campaign targeting Clarity Act stablecoin reward language
A key group representing small to mid-sized community banks plans to launch a new ad warning of risks in digital assets.
Banks Say Stablecoin Rules Should Cover Secondary Markets
Banking industry trade groups argue AML rules should focus on higher-risk activity while addressing gaps in stablecoin secondary markets.
JPMorgan, Citi, and Bank of America Just Built a Tokenized Payment Network to Kill Stablecoins
JPMorgan, Citi, Bank of America, and Wells Fargo are building a shared Tokenized Deposit Network to challenge stablecoins. It goes through The Clearing House, targeting a first-half 2027 launch, and the Federal Reserve is the audience that matters most.…