Stablecoins
Circle’s Market Cap Surges to $66 Billion, Flips USDC
The stablecoin issuer has outpaced USDC’s $60 billion market cap after CRCL shares jumped 13% on the day.
Payments Giant Fiserv to Roll Out ‘Bank-Friendly’ Stablecoin on Solana
Banking and payments titan Fiserv is entering the stablecoin race with its own token designed for regulated rails.
Stablecoins Are Vulnerable to Real Security Risks: Chainalysis
Both centralized and decentralized stablecoins face risks that can ripple through the crypto ecosystem, according to the analytics firm.
GENIUS Act Gains Senate Approval, But Key Regulatory Questions Remain
While House Democrats don’t have the same power to block stablecoin legislation that their Senate counterparts did, the process will likely be slow.
Stablecoins at a ‘Critical Inflection Point’ After GENIUS Act Senate Approval
The stablecoin regulatory bill now moves to the House of Representatives.
Banking Giant JPMorgan Tests Deposit Tokens on Base
The $4 trillion financial institution is piloting “deposit tokens” on Coinbase’s Ethereum Layer 2 blockchain, Base.
Plasma’s $1B ICO Access Vault Sparks Familiar Backlash
When whales and bots took too much of the stablecoin-focused chain's $500 million ICO deposit quota, it doubled down, raising the size of deposits to $1 billion.
JPMorgan Files JPMD Trademark for Digital Asset Services
The banking giant filed a trademark application for services that include trading, exchanging, and issuing digital assets, such as payment tokens and ‘blockchain-enabled currency.’
Key Crypto Bills Move Toward Full Vote in House and Senate
The Senate’s stablecoin legislation, the GENIUS Act, as well as the House’s crypto market structure bill, the CLARITY Act, have both advanced toward a full vote.
Payments Giant Stripe Acquires Crypto Wallet Developer Privy
Stripe’s purchase of the embedded wallet developer is the latest in a series of moves into crypto, notably stablecoin payments.
