Latest News and Articles about Stablecoins
Eugene Fama Predicts Bitcoin’s Demise in 10 Years, Advocates for Stablecoins
Eugene Fama Predicts Bitcoin Will Be Worthless in 10 Years Nobel laureate Eugene Fama, known as the “Father of modern finance,” has cast a shadow over the future of Bitcoin, predicting it will likely be worth nothing within a decade. During a discussion on the “Capitalisn’t” podcast, Fama expressed his doubts about cryptocurrencies, suggesting they […]
Read MoreECB Speeds Up Digital Euro Launch Amid Trump’s Stablecoin Push
Digital Euro Accelerates Amid Trump’s Stablecoin Push The European Central Bank (ECB) is ramping up efforts to launch a digital euro in response to President Donald Trump’s Executive Order promoting dollar-backed stablecoins globally while banning Central Bank Digital Currencies (CBDCs) in the U.S. This strategic maneuver highlights the intensifying competition for digital currency dominance. Trump’s […]
Read MoreBots Drive 70% of Stablecoin Transactions in 2024, Reshaping Crypto Market Dynamics
Bots Dominate 70% of Stablecoin Transactions in 2024, Reshaping the Crypto Market In 2024, automated trading bots drove 70% of stablecoin transactions, significantly influencing the market. USDC emerged as the leader in bot-driven transactions, while Coinbase’s Base network overtook Ethereum in transaction volume during the fourth quarter. 70% of stablecoin volume driven by bots USDC […]
Read MoreThailand Explores Bond-Backed Stablecoins and Phuket Crypto Sandbox in 2025
Thailand’s Bold Leap into Bond-Backed Stablecoins and Crypto Sandboxes Picture sipping a cocktail on Phuket’s sun-kissed beaches, paid for with a new bond-backed stablecoin. This futuristic scene might soon become reality as Thailand explores innovative financial instruments. Thailand exploring bond-backed stablecoins Phuket crypto sandbox planned for October 2025 Thaksin Shinawatra’s advocacy and influence Potential economic […]
Read MoreLutnick Proposes Audits and Treasury Backing for US Dollar Stablecoins Amid Tether Scrutiny
Commerce Secretary Nominee Lutnick: US Dollar Stablecoins Need Audits and Treasury Backing Howard Lutnick, President Trump’s nominee for U.S. Commerce Secretary, faced intense scrutiny during a Senate hearing over his ties to Tether and the potential misuse of its USDT stablecoin. Stablecoins, cryptocurrencies designed to maintain a stable value often pegged to fiat currencies like […]
Read MoreCrypto: A Lifeline for Community Banks Amidst Tech and Regulatory Challenges
Crypto: The Unexpected Ally for Revitalizing Community Banks Community banks, crucial to local economies, face significant challenges from technological advancements and competition from larger banks. However, cryptocurrency and blockchain technology offer a pathway to resurgence, enhancing efficiency and affordability while potentially uniting political parties through crypto policy. Blockchain and stablecoins can improve efficiency and affordability […]
Read MoreECB Ramps Up Digital Euro to Counter Trump’s Stablecoin Push
ECB Advances Digital Euro Amid Trump’s Stablecoin Push The European Central Bank (ECB) is intensifying efforts to launch a digital euro in response to U.S. President Donald Trump’s executive order promoting the global use of U.S. dollar-backed stablecoins. This move aims to keep the euro competitive in the digital payment landscape and address the potential […]
Read MoreDavid Sacks Appointed US Crypto Czar to Boost Digital Asset Industry
David Sacks, New US Crypto Czar, Promises Rapid Advancement in Digital Assets David Sacks, recently appointed as the US Crypto Czar by President Donald Trump, aims to propel the US to the forefront of the digital asset industry through clear regulatory guidelines. David Sacks appointed as US Crypto Czar Trump’s executive order to clarify crypto […]
Read MoreECB Ramps Up Digital Euro to Counter Trump’s Stablecoin Push
ECB Accelerates Digital Euro Amid Trump’s Stablecoin Push The European Central Bank (ECB) is ramping up efforts to launch a digital euro, a move spurred by U.S. President Donald Trump’s executive order favoring dollar-pegged stablecoins and halting the development of a U.S. Central Bank Digital Currency (CBDC). ECB board member Piero Cipollone warns that these […]
Read MoreTrump Signs Order to Boost Bitcoin, Ban CBDCs, and Promote Stablecoins
President Trump Signs Executive Order to Boost Bitcoin and Crypto, Ban CBDCs Is the US about to become the new powerhouse in the world of cryptocurrencies? President Trump has signed an executive order titled “Strengthening American Leadership in Digital Financial Technology,” marking a significant shift towards embracing Bitcoin, other cryptocurrencies, and stablecoins while firmly opposing […]
Read MoreBitcoin Hits $100K, Yet Struggles as Everyday Money: Can Scalability and Stablecoins Save the Day?
Crypto’s Struggle to Become Everyday Money and the Path Forward Bitcoin’s historic surge past $100,000 in December 2024 has ignited excitement in the crypto world, yet the dream of using cryptocurrencies as everyday money remains a distant reality. Despite the bullish market, the crypto industry is grappling with significant challenges that hinder its adoption as […]
Read MoreTaiwan’s Banks to Issue NTD Stablecoins: FSC Proposes Law in 2025
Taiwan’s Bold Leap into Digital Finance: Banks to Issue NTD-Pegged Stablecoins Taiwan is set to revolutionize its financial landscape by allowing local banks to issue stablecoins pegged to the New Taiwan Dollar (NTD), with the Financial Supervisory Commission (FSC) proposing a draft law in June 2025. This move, part of the broader VASP Registration Regulations […]
Read MoreWhiteBIT TR and Misyon Bank Partner to Boost Crypto Access in Turkey’s Booming Market
WhiteBIT TR and Misyon Bank Forge Strategic Alliance Amid Turkey’s Crypto Surge With over half of its population investing in cryptocurrencies, Turkey is rapidly becoming a global leader in crypto adoption. WhiteBIT TR, a prominent cryptocurrency exchange, has partnered with Misyon Bank, a Turkish digital bank, to enhance crypto access for European investors. This move […]
Read MoreThailand Launches Phuket Crypto Sandbox by October: Boosting Economy with Stablecoins
Thailand’s Crypto Sandbox: A Bold Leap into Digital Finance Thailand is set to launch a cryptocurrency sandbox in Phuket by October, led by former Prime Minister Thaksin Shinawatra, aiming to boost the country’s crypto sector, attract tech-savvy tourists, and stimulate economic growth. Thailand launches crypto sandbox in Phuket by October. Focus on stablecoins to enhance […]
Read MoreBoerse Stuttgart Secures First EU MiCA License: A Milestone in Crypto Regulation
Boerse Stuttgart Pioneers with EU’s MiCA License: A New Era for Crypto Regulation Boerse Stuttgart Digital Custody has become the first German crypto provider to secure a license under the Markets in Crypto-Assets Regulation (MiCA), marking a pivotal moment for crypto regulation in Europe. This milestone highlights the potential for regulated infrastructure to drive mainstream […]
Read MoreStablecoins Dominate Crypto Crime in 2024, Surpassing Bitcoin
Stablecoins: The New Frontier of Crypto Crime in 2024 In 2024, stablecoins have emerged as the preferred tool for criminals in the crypto space, overtaking even Bitcoin. These cryptocurrencies, designed to mirror the stability of traditional currencies like the US dollar, are now the go-to for illegal activities. But what drives this shift? Stablecoins involved […]
Read MoreIllicit Crypto Volume to Hit $51 Billion in 2024: Stablecoins and North Korean Hackers Dominate
Illicit Crypto Volume Projected to Soar to $51 Billion in 2024 Crypto crime is set to hit a staggering $51 billion in 2024. Here’s what you need to know: Illicit crypto volume to reach $51 billion in 2024 25% annual growth rate since 2020 Stablecoins account for 63% of illicit transactions North Korean hackers steal […]
Read MoreCFPB Proposes New Crypto and Digital Payment Protections Amid Trump’s Pro-Bitcoin Presidency
CFPB Proposes New Measures to Safeguard Consumers in Crypto and Digital Payments The Consumer Financial Protection Bureau (CFPB) is taking action to protect consumers in the realms of cryptocurrency and digital payments. With two new proposals aimed at curbing data surveillance and extending fraud protections, the CFPB is stepping up at a pivotal moment. However, […]
Read MoreScammers Steal $2.2M in Crypto from NY via Fake Remote Job Texts
Scammers Swindle $2.2M in Crypto from New Yorkers Through Fake Remote Job Offers Scammers have exploited the promise of remote work to steal around $2.2 million in cryptocurrency from New York residents. The scheme involved deceptive text messages that lured victims into depositing money into crypto accounts, specifically stablecoins like Tether (USDT) and USD Coin […]
Read MoreFV Bank Adds PayPal’s PYUSD, Revolutionizing Digital Banking with Stablecoins
FV Bank Integrates PayPal’s PYUSD, Pioneering Digital Asset Offerings FV Bank has boldly stepped into the future of finance by integrating PayPal’s USD stablecoin, PYUSD, into its digital banking platform. This move not only allows customers to seamlessly receive and send PYUSD directly from their USD accounts but also marks a significant leap in the […]
Read MoreStablecoins Revolutionize Cross-Border Remittances, Outpacing Traditional Apps
Stablecoins Surge as the New Frontier for Cross-Border Remittances In 2024, the financial landscape saw a significant shift as traditional remittance apps experienced a decline in usage, while stablecoins reached unprecedented heights, revolutionizing the cross-border payment sector. This transition, driven by the efficiency and lower costs of stablecoins, marks a pivotal moment in the quest […]
Read MoreChamath Palihapitiya Predicts Stablecoins Will Dominate by 2025, Outpacing Visa
Chamath Palihapitiya Forecasts Stablecoins as 2025’s Biggest Business Winners Billionaire investor Chamath Palihapitiya has made a bold prediction: dollar-denominated stablecoins will be the biggest business winners by 2025. Stablecoins, cryptocurrencies designed to maintain a stable value by being pegged to assets like the US dollar, are gaining traction in business transactions due to their ability […]
Read MoreCambodia Embraces Stablecoins, Shuns Bitcoin: 5 Cryptos to Watch
Cambodia’s Crypto Evolution: What It Means for the Future Cambodia’s financial sector is on the brink of a significant shift as the National Bank of Cambodia (NBC) cautiously embraces cryptocurrencies, focusing on stablecoins and asset-backed cryptos while keeping Bitcoin at arm’s length. Cambodia’s cautious crypto adoption Five cryptocurrencies to watch: Aureal One, DexBoss, yPredict, Arkenstone, […]
Read MoreRipple Expands in MENA: Aims to Revolutionize Finance with Stablecoins
Ripple Strengthens Presence in Middle East and Africa, Eyes Stablecoin Expansion Ripple, the enterprise blockchain giant, is intensifying its efforts in the Middle East and Africa (MENA) region, leveraging the UAE’s progressive regulatory environment to drive blockchain and stablecoin innovation forward. Ripple’s commitment to MENA region UAE’s progressive regulations Focus on stablecoins, custody, tokenization Long-standing […]
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