Elixir Labs has announced the shutdown of its deUSD stablecoin after a major liquidity shortfall caused losses exceeding $93 million. The failure, triggered by Stream Finance’s leveraged yield pool unwind,…
Bitcoin’s dominance in the digital-asset market has fallen to its lowest level in two years as investors continue to move capital into stablecoins. ARK Invest’s Cathie Wood noted that the…
The Bank of England has called for stronger coordination between the United Kingdom and the United States on the rollout of stablecoin regulations. Deputy Governor Sarah Breeden said both nations…
Ripple has raised $500 million in a funding round led by Citadel Securities and Fortress Investment Group, strengthening its position as a leading player in blockchain-based payment and stablecoin infrastructure.…
Hedge funds across the United States are rapidly increasing their exposure to digital assets after new regulatory guidance signaled stronger support for institutional crypto adoption. Recent policy updates from the…
Switzerland’s federal government has begun a public consultation on a national framework that would allow the issuance of stablecoins under direct regulatory supervision. The proposal, introduced this week by the…
The Bank of England has confirmed that the United Kingdom will introduce its new stablecoin regulations at nearly the same pace as the United States, underscoring the country’s ambition to…
The Canadian federal government has signalled that legislation will be introduced to govern stablecoins backed by the Canadian dollar, marking a major step toward regulating the fast-growing segment of digital…
Global banks are entering a critical stage in their digital transformation as stablecoins and tokenized assets push closer to mainstream finance. Industry executives and analysts report that financial institutions are…
The American Bankers Association (ABA) and a coalition of state banking associations have urged federal regulators to maintain the GENIUS Act’s prohibition on interest-bearing stablecoins, arguing that allowing yield-linked tokens…