Circle's profits in the second quarter significantly outperformed expectations, attributed to the growing ...More

Circle's profits in the second quarter significantly outperformed expectations, attributed to the growing adoption of USDC tokens. The surge in USDC circulation, accompanied by a marked increase in onchain transaction activity, highlighted a positive trend. Despite a dip in the reserve return rate during this period, stronger circulation volumes partially mitigated the effects of reduced yields. ...Less

CoinDCX Co-founder Sumit Gupta writes that disciplined investing through crypto SIPs is replacing market ...More

CoinDCX Co-founder Sumit Gupta writes that disciplined investing through crypto SIPs is replacing market timing. Beyond Bitcoin, structural value is forming across stablecoin payment rails, real-world asset tokenisation led by institutions like BlackRock, and emerging AI agentic commerce infrastructure. ...Less

Completing 11 years since its 2015 launch, Ethereum has evolved from a $2.77 asset into the backbone of W ...More

Completing 11 years since its 2015 launch, Ethereum has evolved from a $2.77 asset into the backbone of Web3 and DeFi. With institutional backing through spot ETFs and expanding real-world asset tokenisation, experts share what lies ahead for ETH's next phase of long-term growth and price performance. ...Less

Coinbase shares declined in premarket trading after reporting a third consecutive quarterly loss. Bitcoin ...More

Coinbase shares declined in premarket trading after reporting a third consecutive quarterly loss. Bitcoin's value has fallen significantly, impacting cryptocurrency-related investments and stocks. Analysts believe Coinbase's business fundamentals remain strong despite challenging crypto market conditions. The company is diversifying revenue streams into stablecoins and retail derivatives for long-term support. This strategic shift aims to cushion the business from potential crypto cycle downturns. ...Less

U.S. Senate Republicans have introduced the long-awaited Clarity Act, a landmark bill aimed at creating a ...More

U.S. Senate Republicans have introduced the long-awaited Clarity Act, a landmark bill aimed at creating a comprehensive regulatory framework for cryptocurrencies. The legislation seeks to clearly define the roles of financial regulators, promote broader adoption of digital assets, and enhance investor protection. ...Less

Mastercard reported better-than-expected second-quarter profits on Thursday. Strong transaction volumes a ...More

Mastercard reported better-than-expected second-quarter profits on Thursday. Strong transaction volumes and resilient consumer spending supported the company's financial performance. Gross dollar volume rose eight percent, and net revenue increased fourteen percent. ...Less

A parliamentary committee has proposed the establishment of a self-regulatory organization for cryptocurr ...More

A parliamentary committee has proposed the establishment of a self-regulatory organization for cryptocurrencies, functioning under the supervision of central regulatory authorities. This interim solution calls for the government to assess a specific legal framework for virtual digital assets. The objective is to reduce risks associated with money laundering and tax evasion, categorising regulation of these assets as a vital aspect of national security for India. ...Less

According to WazirX's H1 2026 India Crypto Trends Report, crypto deposits exceeded withdrawals by 2–6 tim ...More

According to WazirX's H1 2026 India Crypto Trends Report, crypto deposits exceeded withdrawals by 2–6 times during the first half of 2026, while withdrawal requests fell nearly 55%, signalling stronger investor conviction and longer holding periods. The report also highlighted rising adoption of futures trading, strong participation from non-metro users and growing engagement across AI, DeFi and real-world asset tokens. ...Less

Pakistan has requested a ten billion dollar exchange stabilization facility from the United States. This ...More

Pakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to boost foreign reserves and ease pressure on the Pakistani rupee. The request follows Pakistan's diplomatic efforts in brokering talks over the Iran war. Such a facility would reduce reliance on multilateral financing and ad hoc rescues. This move comes as Pakistan implements IMF-backed reforms and faces economic vulnerabilities. ...Less

Global stablecoin market value exceeds three hundred billion dollars, dominated by US dollar denomination ...More

Global stablecoin market value exceeds three hundred billion dollars, dominated by US dollar denominations. The United Kingdom faces a strategic challenge to increase its presence in this evolving financial architecture. Stablecoins offer efficiency in cross-border payments and programmability for the AI economy. Risks exist but are manageable with appropriate regulatory frameworks and clarity. India must also develop a clear stablecoin policy to avoid falling behind global trends. ...Less

Pakistan has requested a ten billion dollar exchange stabilization facility from the United States. This ...More

Pakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to bolster foreign exchange reserves and ease pressure on the Pakistani rupee. The request follows Pakistan's diplomatic efforts in brokering talks over the Iran war. This facility would reduce reliance on multilateral financing and IMF programs. It also seeks to deepen bilateral economic cooperation and attract U.S. investment. ...Less

A prominent Pakistani Islamic cleric has issued a fatwa declaring cryptocurrency trading haram under Shar ...More

A prominent Pakistani Islamic cleric has issued a fatwa declaring cryptocurrency trading haram under Sharia law. Mufti Muhammad Taqi Usmani, whose AAOIFI rulings guide over 200 Islamic financial institutions globally, said cryptocurrencies do not qualify as wealth or property under Islamic law. ...Less

Circle secured final regulatory approval from the OCC for its national trust bank. This allows the stable ...More

Circle secured final regulatory approval from the OCC for its national trust bank. This allows the stablecoin issuer to manage its own reserves and client crypto assets. The charter places Circle's bank under direct federal supervision by the OCC. Digital asset firms are increasingly seeking traditional financial services and banking licenses. Circle is the issuer of USDC, a stablecoin pegged to the U.S. dollar. ...Less

India's virtual digital asset taxation remains among the world's toughest. Investors face a flat thirty p ...More

India's virtual digital asset taxation remains among the world's toughest. Investors face a flat thirty percent tax on gains and one percent TDS. Specific provisions govern the taxation of cryptocurrencies and non-fungible tokens. Airdrops and staking rewards are taxed as income upon receipt. Non-disclosure of overseas holdings can invite severe penalties and prosecution. ...Less

Some religious investors in key markets like Pakistan, India, and the UAE dumped their entire holdings ov ...More

Some religious investors in key markets like Pakistan, India, and the UAE dumped their entire holdings over the past 48 hours, founders and analysts told ET. Other markets like Saudi Arabia, Indonesia and Malaysia are also likely to see an impact in the coming days, founders said. ...Less

India's central bank has reiterated its preference for a cryptocurrency policy "leaning towards prohibiti ...More

India's central bank has reiterated its preference for a cryptocurrency policy "leaning towards prohibition," warning that crypto assets and stablecoins could threaten financial stability and monetary sovereignty, according to internal government documents reviewed by Reuters. ...Less

The European Union has begun negotiations on legislation to create the legal framework for a digital euro ...More

The European Union has begun negotiations on legislation to create the legal framework for a digital euro, aiming to finalize the rules by the end of 2026. If approved, the ECB could launch a pilot with around 40 banks and payment firms in 2027, followed by a full rollout in 2029. The digital euro would be an electronic form of cash issued directly by the ECB, offering the public a central bank-backed digital payment option. ...Less

From crypto exchange to a multi-asset financial platform, Binance has completed 9 years in operation. The ...More

From crypto exchange to a multi-asset financial platform, Binance has completed 9 years in operation. The years of growth, driven by its global community of more than 323 million users. $156 trillion in trade volume and counting. Read on about the journey! ...Less

Happy Wednesday! BigBasket is slashing its operational footprint to stay relevant in the quick commerce r ...More

Happy Wednesday! BigBasket is slashing its operational footprint to stay relevant in the quick commerce race. This and more in today’s ETech Morning Dispatch. ...Less

The venture, called Open Standard, brings together more than 140 businesses for the stablecoin network an ...More

The venture, called Open Standard, brings together more than 140 businesses for the stablecoin network and will issue a new US-dollar pegged stablecoin called Open USD, which is expected to go live later ⁠this year. ...Less

The Reserve Bank of India has strongly advised a prohibition strategy for crypto assets, recommending tha ...More

The Reserve Bank of India has strongly advised a prohibition strategy for crypto assets, recommending that banks and financial institutions be completely shielded from them. Officials argued that allowing exposure could legitimize speculative products with no economic benefit and pose financial stability risks. The RBI also questioned India's top crypto adopter ranking and warned stablecoins could threaten monetary sovereignty. ...Less

India's digital payment landscape is rapidly evolving, prompting policy discussions. Experts convened to ...More

India's digital payment landscape is rapidly evolving, prompting policy discussions. Experts convened to address emerging challenges and necessary institutional frameworks. Discussions focused on balancing innovation with trust and consumer protection. Safeguarding against digital fraud and enhancing cybersecurity were key concerns. The conclave aimed to shape a secure and inclusive digital payments ecosystem. ...Less

Bitcoin climbed past $63,000 as buying interest returned on Tuesday. Key on-chain metrics indicated marke ...More

Bitcoin climbed past $63,000 as buying interest returned on Tuesday. Key on-chain metrics indicated market stabilization after recent fluctuations. Ethereum also saw gains, supported by stronger network activity and stablecoin supply. Major altcoins experienced mixed movements, with some falling and others rising. Analysts suggest further confirmation is needed for a decisive trend reversal. ...Less

Binance highlighted how eligible users gained exposure to SpaceX before, during and after its record IPO ...More

Binance highlighted how eligible users gained exposure to SpaceX before, during and after its record IPO through pre-IPO perpetuals, direct stock trading and tokenised bStocks. The exchange said the multi-stage approach drove strong trading volumes, liquidity and investor participation across different asset classes. ...Less

India is facing a significant shortage of stablecoins like USDT, causing its price to surge locally. This ...More

India is facing a significant shortage of stablecoins like USDT, causing its price to surge locally. This premium, usually modest, has ballooned to over 8.5% following Enforcement Directorate actions against entities facilitating crypto-based money transfers. The crackdown has disrupted a popular remittance channel for NRIs, impacting USDT supply and raising concerns about regulatory ambiguity and the urgent need for clear crypto policies. ...Less

Donald Trump's latest financial disclosure revealed that crypto ventures generated an estimated $1.4 bill ...More

Donald Trump's latest financial disclosure revealed that crypto ventures generated an estimated $1.4 billion of his 2025 income, eclipsing much of his traditional real estate business. The filing also spotlighted World Liberty Financial's growing ties with Pakistan, raising questions over potential geopolitical and conflict-of-interest implications. ...Less

Donald Trump's crypto activities are the main reason for the near tripling of his personal fortune, which ...More

Donald Trump's crypto activities are the main reason for the near tripling of his personal fortune, which rose from $2.3 billion to $6.5 billion between 2024 and 2026, according to Forbes. ...Less

Donald Trump dismissed concerns over alleged insider trading and conflicts of interest after financial di ...More

Donald Trump dismissed concerns over alleged insider trading and conflicts of interest after financial disclosures showed businesses linked to his family's cryptocurrency ventures generated an estimated $1.4 billion in 2025. Trump said he does not manage his businesses, calling the presidency a "much bigger purpose" than personal financial gains. ...Less

Donald Trump's financial disclosures reveal a staggering $1.2 billion from crypto holdings, eclipsing his ...More

Donald Trump's financial disclosures reveal a staggering $1.2 billion from crypto holdings, eclipsing his real estate empire. This rapid crypto surge, fueled by his policies and influential backers, raises questions about profiting from office. Tens of millions also poured in from foreign property deals and lawsuits against media firms, alongside millions from branded merchandise like Bibles and watches. ...Less

President Trump's latest financial disclosures reveal over $1.4 billion in income from crypto ventures la ...More

President Trump's latest financial disclosures reveal over $1.4 billion in income from crypto ventures last year, a significant surge from previous filings. His companies reportedly earned nearly $800 million from World Liberty Financial, a crypto firm he co-founded, alongside $635 million from Trump meme coins. This highlights a dramatic shift in his financial portfolio, with traditional businesses also showing growth, particularly his golf resorts. ...Less

Binance said its AI-powered compliance systems intercepted $10.53 billion in potential fraud between 2025 ...More

Binance said its AI-powered compliance systems intercepted $10.53 billion in potential fraud between 2025 and the first quarter of 2026, while the crypto exchange invests around $300 million annually in compliance. The company said the spending supports fraud prevention, law-enforcement collaboration, user protection and asset recovery efforts. ...Less

Despite global trade shifts due to U.S. tariffs, the dollar remains the bedrock of international finance, ...More

Despite global trade shifts due to U.S. tariffs, the dollar remains the bedrock of international finance, according to the IMF's chief economist. He noted that while gold prices have risen, this is largely due to investment vehicles like ETFs and stablecoin holdings, not central bank actions. The world is still firmly dollar-centered, with minimal signs of change despite recent economic developments. ...Less

Crypto trading is booming in India's smaller cities, with Delta Exchange India emerging as a key player. ...More

Crypto trading is booming in India's smaller cities, with Delta Exchange India emerging as a key player. The platform offers low fees, full INR settlement, and features catering to both beginners and advanced traders. Notably, F&O trading on Delta Exchange avoids the 1% TDS and 30% flat tax, making it an attractive option for active participants seeking affordability and regulatory compliance. ...Less

Binance is revolutionizing investing by consolidating crypto, stocks, and commodities into a single platf ...More

Binance is revolutionizing investing by consolidating crypto, stocks, and commodities into a single platform, mirroring Asia's 'super app' model. This move, particularly impactful in emerging markets, offers unprecedented access to global equities and pre-IPO opportunities. Fractional ownership and stablecoin settlements are breaking down traditional barriers, making diversified portfolios accessible via smartphones and promising to channel trillions into equity markets. ...Less

Crypto prices may have corrected sharply in 2026, but underlying trends suggest growing maturity. Institu ...More

Crypto prices may have corrected sharply in 2026, but underlying trends suggest growing maturity. Institutional participation, stronger blockchain activity, improving regulation and broader adoption indicate that Bitcoin, Solana and XRP are increasingly being viewed through long-term utility rather than short-term price moves. ...Less

India's crypto sector faces a new crisis as the Enforcement Directorate probes four firms for unauthorize ...More

India's crypto sector faces a new crisis as the Enforcement Directorate probes four firms for unauthorized foreign money transfers using digital coins. This action highlights potential breaches of foreign exchange laws, even when the underlying funds are legitimate. The move could significantly impact crypto exchanges' ability to source offshore liquidity, raising concerns about cross-border virtual asset transactions and their compliance with FEMA regulations. ...Less

Bengaluru's Enforcement Directorate has raided six locations over alleged illegal cross-border money tran ...More

Bengaluru's Enforcement Directorate has raided six locations over alleged illegal cross-border money transfers exceeding Rs 2,500 crore using virtual digital assets. The probe targets entities facilitating crypto 'on-ramp' and 'off-ramp' services without regulatory approval, bypassing formal banking channels and foreign exchange norms. Bank accounts worth Rs 6 crore have been frozen as investigations into these unregulated digital asset channels continue. ...Less

Bitcoin (BTC USD) crash reasons explained: Crypto market's recent 48% plunge differs from past crashes, d ...More

Bitcoin (BTC USD) crash reasons explained: Crypto market's recent 48% plunge differs from past crashes, driven by economic pressures like inflation and a strong dollar, not industry failures. Despite significant losses and ETF outflows, core infrastructure remains stable. Analysts suggest sentiment, not structural issues, fuels the selloff, with stablecoins potentially key to recovery. ...Less

Canadian fintech Nuvei is set to acquire cross-border payments company Payoneer for approximately $2.75 b ...More

Canadian fintech Nuvei is set to acquire cross-border payments company Payoneer for approximately $2.75 billion. This strategic move aims to significantly expand Nuvei's global reach. The deal is expected to close by mid-2027. The combined entity anticipates generating around $3 billion in annual revenue. This acquisition will enhance Nuvei's capabilities in areas like stablecoin transactions and AI-driven commerce. ...Less

Bitcoin price is around 40 per cent lower than where it was when U.S. President Donald Trump took office ...More

Bitcoin price is around 40 per cent lower than where it was when U.S. President Donald Trump took office in January 2025, having vowed to make the U.S. the crypto capital of the world. ...Less

Crypto traders are valuing SpaceX at $2.2 trillion, significantly higher than its IPO price of $135 per s ...More

Crypto traders are valuing SpaceX at $2.2 trillion, significantly higher than its IPO price of $135 per share, ahead of its trading debut. Perpetual futures on crypto venues suggest a strong demand, even as veteran investors express skepticism about the company's valuation. This blockchain-based market's predictive power is now being tested with SpaceX's record-setting IPO. ...Less

Bitcoin is experiencing its worst year-to-date performance in over a decade, with a 15% price drop this w ...More

Bitcoin is experiencing its worst year-to-date performance in over a decade, with a 15% price drop this week. Capital is shifting towards booming AI stocks and new listings like SpaceX, while Bitcoin's volatility and correlation with other assets have diminished, impacting its appeal as a portfolio diversifier. ...Less

Tether, a major stablecoin issuer, is set to launch a digital token for the Georgian lari. This move has ...More

Tether, a major stablecoin issuer, is set to launch a digital token for the Georgian lari. This move has the backing of Georgia's government, signaling the country's embrace of digital assets. The token, named GELT, aims to boost cross-border trade and fintech development. Georgia is already a significant player in cryptocurrency mining, and new regulations are attracting digital asset businesses. ...Less

Bitcoin BTC Price: Cryptocurrency saw its peak after becoming market favourite since the re-election of U ...More

Bitcoin BTC Price: Cryptocurrency saw its peak after becoming market favourite since the re-election of US President Donald Trump. ...Less

Tokenisation represents financial assets as digital tokens on programmable blockchains, simplifying owner ...More

Tokenisation represents financial assets as digital tokens on programmable blockchains, simplifying ownership and settlement. India's financial market, with high yields and advanced digital infrastructure, is poised to leverage this for global capital access via GIFT City, mirroring past successes in market expansion. ...Less

Bailey said he was concerned some U.S. stablecoins could not be readily turned into dollars without going ...More

Bailey said he was concerned some U.S. stablecoins could not be readily turned into dollars without going through a ⁠crypto exchange, potentially limiting their convertibility in a crisis.But if stablecoins became widely used for cross-border payments, then during a crisis hard-to-convert U.S. stablecoins could flow to jurisdictions such as Britain which intend to have robust obligations for convertibility, he said. ...Less

Zerodha co-founder Nikhil Kamath questioned the long-term suitability of dollar-backed stablecoins for In ...More

Zerodha co-founder Nikhil Kamath questioned the long-term suitability of dollar-backed stablecoins for India and proposed exploring a gold-linked stablecoin. He said such a model could monetise idle household gold holdings while reducing dependence on dollar-dominated digital financial systems and supporting India’s strategic interests. ...Less

Stablecoin forecast 2035 explained: Stablecoin transactions could hit $719 trillion by 2035. This surge i ...More

Stablecoin forecast 2035 explained: Stablecoin transactions could hit $719 trillion by 2035. This surge is fueled by younger generations embracing digital finance and a shift towards faster, 24/7 transactions. Stablecoins may soon rival Visa and Mastercard in volume. This evolution promises a new era for cross-border and everyday commerce. ...Less

Stablecoins, a type of cryptocurrency designed to maintain a constant value, usually a 1:1 dollar peg, ar ...More

Stablecoins, a type of cryptocurrency designed to maintain a constant value, usually a 1:1 dollar peg, are commonly used by crypto traders to move funds between tokens. ...Less

Stablecoin USDC's issuer Circle said its chief strategy officer's Twitter account was hacked on Wednesday ...More

Stablecoin USDC's issuer Circle said its chief strategy officer's Twitter account was hacked on Wednesday ...Less

Stablecoins explained: Stablecoins aim for crypto stability by linking to assets like the US dollar. They ...More

Stablecoins explained: Stablecoins aim for crypto stability by linking to assets like the US dollar. They use collateral or algorithms to hold their value. Despite this, stablecoins can depeg and carry centralization risks. Governments are now establishing rules for their operation. Past events highlight their vulnerabilities. ...Less

Stablecoins, simply put, are cryptocurrencies with very little volatility and stability in prices, as the ...More

Stablecoins, simply put, are cryptocurrencies with very little volatility and stability in prices, as they are backed by cash and cash assets, keeping their prices predictable with minimal risks. ...Less

India is considering regulating rupee-backed stablecoins. This move follows growing demand and concerns a ...More

India is considering regulating rupee-backed stablecoins. This move follows growing demand and concerns about financial stability. Two firms are developing India's first rupee-backed stablecoin for a 2026 launch. The government aims to explore this in its upcoming Economic Survey. However, significant challenges and risks are there, potentially impacting bank deposits and market resilience. ...Less

BofA CEO Brian Moynihan said on Wednesday the bank is working on launching a stablecoin, and investors ca ...More

BofA CEO Brian Moynihan said on Wednesday the bank is working on launching a stablecoin, and investors can expect the lender to move forward with it, without giving a timeline. ...Less

The US CLARITY Act addressing legal uncertainty will shape global crypto regulation. Eastern hubs like th ...More

The US CLARITY Act addressing legal uncertainty will shape global crypto regulation. Eastern hubs like the UAE and Singapore are moving ahead. India, a leader in crypto adoption, has a historic chance, but must rapidly evolve its domestic framework to attract institutional capital and financial infrastructure. ...Less

The top Republican and Democrat on the U.S. House Financial Services committee on Thursday said they had ...More

The top Republican and Democrat on the U.S. House Financial Services committee on Thursday said they had failed to come to an agreement on a bill to establish a federal regulatory framework for stablecoins, a type of cryptocurrency typically pegged to a traditional asset, often the U.S. dollar. ...Less

Bitcoin (BTC USD) price prediction by Cathie Wood: ARK Invest CEO Cathie Wood forecasts Bitcoin could sur ...More

Bitcoin (BTC USD) price prediction by Cathie Wood: ARK Invest CEO Cathie Wood forecasts Bitcoin could surge to $750,000 by 2030, with a bull case reaching $1.25 million. This optimism stems from growing institutional adoption, including spot ETFs, and Bitcoin's potential to rival gold as a store of value. Emerging market demand also bolsters this outlook. ...Less

Regulators across the globe are concerned about the unprecedented growth of tokenized money, stablecoins ...More

Regulators across the globe are concerned about the unprecedented growth of tokenized money, stablecoins in particular, and its potential to disintermediate incumbent financial institutions , create volatility and financial stability risks. ...Less

Stablecoins are crucial in cryptocurrency, offering stable value by being pegged to assets like fiat curr ...More

Stablecoins are crucial in cryptocurrency, offering stable value by being pegged to assets like fiat currencies or other cryptocurrencies. Their types include fiat-collateralized, crypto-backed, and algorithmic. Advantages include price stability, enhanced DeFi access, efficient market transitions, regulatory compliance, and increased liquidity. Top examples are USDT, USDC, DAI, and PayPal USD. ...Less

A Stablecoin is a popular form of cryptocurrency designed to maintain a constant value through a peg to a ...More

A Stablecoin is a popular form of cryptocurrency designed to maintain a constant value through a peg to another asset. In 2022, the cumulative market capitalization of Stablecoins was around $180 billion, which declined to nearly $120 billion in 2023. ...Less

Six Swiss banks are collaborating to explore stablecoin uses. They will launch a digital sandbox in 2026 ...More

Six Swiss banks are collaborating to explore stablecoin uses. They will launch a digital sandbox in 2026 to test a Swiss franc-pegged stablecoin. This initiative aims to boost Switzerland's digital money ecosystem. Global banks are also experimenting with stablecoins, responding to industry growth and regulatory developments. This move seeks to connect blockchain with the Swiss franc. ...Less

Stablecoins are changing the way we think about money. Unlike traditional credit cards or bank accounts, ...More

Stablecoins are changing the way we think about money. Unlike traditional credit cards or bank accounts, these digital currencies are fast, low-cost, and accessible worldwide. Whether sending remittances, shopping online, or managing personal finances, stablecoins offer a simpler, more efficient way to move money—without the usual banking delays or high fees. ...Less

Stablecoins are cryptocurrencies designed to maintain a stable value, typically by being pegged to a stab ...More

Stablecoins are cryptocurrencies designed to maintain a stable value, typically by being pegged to a stable asset such as the US dollar. Investing in stablecoin can help mitigate market volatility because they are less susceptible to price fluctuations than other cryptocurrencies such as Bitcoin or Ethereum or any other ...Less

Stablecoins are also used in centralized exchanges. What makes them useful in an exchange of this kind is ...More

Stablecoins are also used in centralized exchanges. What makes them useful in an exchange of this kind is the fact that fiat currencies take a long time to process, but their tokenized counterparts are standard blockchain entities that move quickly. ...Less

Stablecoins are cryptocurrencies that are designed to minimise price volatility. ...More

Stablecoins are cryptocurrencies that are designed to minimise price volatility. ...Less

A stablecoin is a type of cryptocurrency pegged to another asset, such as gold or the US dollar. Unlike v ...More

A stablecoin is a type of cryptocurrency pegged to another asset, such as gold or the US dollar. Unlike volatile cryptocurrencies such as Bitcoin, stablecoins aim to provide a fixed value as a medium of exchange. This stability is achieved through asset-backing commodities such as gold or stable fiat currencies like the USD. ETtech explains. ...Less

A Japanese startup, JPYC, said it will begin issuing stablecoins that are fully convertible to the yen an ...More

A Japanese startup, JPYC, said it will begin issuing stablecoins that are fully convertible to the yen and backed by domestic savings and Japanese government bonds (JGB). ...Less

Stablecoins -- a form of cryptocurrency backed by traditional assets -- are gaining traction, with the US ...More

Stablecoins -- a form of cryptocurrency backed by traditional assets -- are gaining traction, with the US Senate set to vote Tuesday on a bill to regulate such digital tokens. Another possibility is that a loss of trust in the stablecoin may ripple beyond the crypto world, hitting the assets that back these tokens. ...Less

The trouble with stablecoins is that they slip through the regulatory cracks. They aren’t classified as b ...More

The trouble with stablecoins is that they slip through the regulatory cracks. They aren’t classified as bank deposits, so the Fed and the Office of the Comptroller of the Currency have limited ability to oversee them. The SEC has some authority if they are defined as securities, but that is a matter of active debate. ...Less

The largest stablecoin issuer, Tether, has been fined by both New York state authorities and the CFTC for ...More

The largest stablecoin issuer, Tether, has been fined by both New York state authorities and the CFTC for misleading investors by claiming that all its tokens were backed by dollars and other fiat currencies, when they were not. ...Less

The State Council - China's cabinet - will review and possibly approve a roadmap later this month for the ...More

The State Council - China's cabinet - will review and possibly approve a roadmap later this month for the greater usage of the currency globally, including catching up with a U.S. push on stablecoins, said the sources. ...Less

China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adop ...More

China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets. ...Less

The Reserve Bank of India has issued a strong warning about stablecoins. These digital currencies could t ...More

The Reserve Bank of India has issued a strong warning about stablecoins. These digital currencies could threaten India's monetary control and financial stability. The RBI believes central bank digital currencies offer a safer alternative. Stablecoins have shown volatility and structural fragilities. Their adoption could complicate macroeconomic management and capital flow controls for India. ...Less

Nine European banks, including ING and UniCredit, are creating a company to launch a euro-backed stableco ...More

Nine European banks, including ING and UniCredit, are creating a company to launch a euro-backed stablecoin, challenging U.S. dominance in the digital currency market. This initiative aims to provide a European alternative for quick, low-cost payments, even as the ECB expresses concerns. ...Less

PayPal this month said it was launching PayPal USD, a crypto token pegged to the U.S. dollar, making it t ...More

PayPal this month said it was launching PayPal USD, a crypto token pegged to the U.S. dollar, making it the second major global company to launch a stablecoin after Facebook, now Meta Platforms, unveiled Libra in June 2019. ...Less

The move, which comes as PayPal transitions to a new CEO announced last week, seems risky after Facebook' ...More

The move, which comes as PayPal transitions to a new CEO announced last week, seems risky after Facebook's stablecoin was crushed by political opposition, and as regulators home in on the crypto sector following several meltdowns. ...Less

Stablecoins are digital tokens, in the form of cryptocurrencies pegged to liquid assets, so far mostly th ...More

Stablecoins are digital tokens, in the form of cryptocurrencies pegged to liquid assets, so far mostly the U.S. dollar but also in some cases gold or other currencies. Their underlying blockchain technology enables instant, borderless and round-the-clock transfer of funds at low cost, giving them the potential to disrupt traditional cross-border payment systems. ...Less

Ant Group’s overseas arm, Ant International, plans to apply for a stablecoin issuer license in Hong Kong ...More

Ant Group’s overseas arm, Ant International, plans to apply for a stablecoin issuer license in Hong Kong after new regulations take effect on August 1. The company may also seek licenses in Singapore and Luxembourg as part of its global digital finance expansion strategy. ...Less

Ripple will acquire stablecoin payments platform Rail for $200 million, aiming to boost its position in t ...More

Ripple will acquire stablecoin payments platform Rail for $200 million, aiming to boost its position in the digital payments space. The deal, expected to close later this year, will enhance Ripple’s stablecoin services. Rail handles 10% of global stablecoin payments and offers faster, cheaper cross-border transactions than traditional methods. ...Less

Companies have put their stablecoin ambitions on hold after receiving instructions from Chinese regulator ...More

Companies have put their stablecoin ambitions on hold after receiving instructions from Chinese regulators, including the People's Bank of China and Cyberspace Administration of China, not to move ahead with the plans, FT reported. ...Less

Stablecoin transactions surged to a record $33 trillion in 2025, driven by supportive US policy under Pre ...More

Stablecoin transactions surged to a record $33 trillion in 2025, driven by supportive US policy under President Trump and rapid institutional adoption. USDC led with $18.3 trillion in flows, outpacing Tether’s USDT. Rising usage outside DeFi signals broader mainstream demand for digital dollars amid global economic uncertainty. ...Less

This discrepancy could have several explanations. Hoping for higher returns, investors may be rotating ou ...More

This discrepancy could have several explanations. Hoping for higher returns, investors may be rotating out stablecoins and into appreciating market leaders Bitcoin and Ether, according to Jacob Joseph, a research analyst at CCData. Stablecoins don’t pay interest and usually seek to maintain a one-to-one ratio with other assets such as the dollar, hence their name. ...Less

Trump’s support for dollar-pegged stablecoins is spurring Asian nations to fast-track crypto regulations. ...More

Trump’s support for dollar-pegged stablecoins is spurring Asian nations to fast-track crypto regulations. Countries like South Korea, Hong Kong, and the Philippines aim to launch local currency-backed tokens amid rising capital flight concerns and institutional interest. ...Less

JPMorgan Chase analysts are skeptical of the $2 trillion growth projection for the stablecoin market, dee ...More

JPMorgan Chase analysts are skeptical of the $2 trillion growth projection for the stablecoin market, deeming it overly optimistic. While acknowledging stablecoins' potential for instantaneous cross-border payments, they highlight the underdeveloped infrastructure and ecosystem. ...Less

Like other cryptocurrencies, stablecoins move around on the same online ledger technology known as blockc ...More

Like other cryptocurrencies, stablecoins move around on the same online ledger technology known as blockchains. The difference is that their value is pegged 1:1 to a financial asset outside the world of crypto, usually the US dollar. ...Less

The Genius Act establishes a clear regulatory framework for the issuance of “payment stablecoins” and est ...More

The Genius Act establishes a clear regulatory framework for the issuance of “payment stablecoins” and establishes clear boundaries for which digital currencies could be referred to as stablecoins. With the Genius Act signed into law, banks, nonbanks and credit unions can dive into the market by issuing their own stablecoins. ...Less

The crypto market has crossed $4 trillion. This surge is due to altcoins and new US regulations. A stable ...More

The crypto market has crossed $4 trillion. This surge is due to altcoins and new US regulations. A stablecoin bill, supported by President Trump, aims to regulate dollar-linked stablecoins. Ether and Bitcoin have seen significant gains. Bitcoin reached a record high. Crypto ETFs are attracting billions in investments. A broader crypto market bill is now awaiting Senate review. ...Less

Earlier this week, PayPal became the first major financial technology firm to embrace digital currencies ...More

Earlier this week, PayPal became the first major financial technology firm to embrace digital currencies for payments and transfers with the launch of a US dollar stablecoin, dubbed PayPal USD. ...Less

Circle Internet Group, issuer of the USDC stablecoin, is debuting on the New York Stock Exchange under th ...More

Circle Internet Group, issuer of the USDC stablecoin, is debuting on the New York Stock Exchange under the symbol "CRCL". Its IPO, priced at $31 per share, comes amid rising interest in stablecoins and regulatory moves in the U.S. Circle aims to challenge market leader Tether with its strong growth. ...Less

Japan has been cautious regarding stablecoins since 2021, said Edul Patel, CEO and Co-founder of Mudrex. ...More

Japan has been cautious regarding stablecoins since 2021, said Edul Patel, CEO and Co-founder of Mudrex. "It is the right move to ensure investors’ safety, as algorithmic-based stablecoins are still at the experimental stage, volatility becomes inevitable and may keep investors at risk." ...Less

Major stablecoins swung between roughly $0.95 and $1.02 last week, according to data provider Coinmarketc ...More

Major stablecoins swung between roughly $0.95 and $1.02 last week, according to data provider Coinmarketcap, after having maintained their peg to within a cent previously in 2022. ...Less

"Stablecoins are the closest that we'll get in the crypto space to a systemically important asset and any ...More

"Stablecoins are the closest that we'll get in the crypto space to a systemically important asset and any impact on the value of one or several stablecoins is liable to impact the system as a whole," said Hagen Rooke, a financial regulation partner at law firm Reed Smith in Singapore. ...Less

How stablecoins on your portfolio can be a reliable source of passive income. ...More

How stablecoins on your portfolio can be a reliable source of passive income. ...Less

President Trump's administration is reviewing a large fund proposed for supporters. This comes amid scrut ...More

President Trump's administration is reviewing a large fund proposed for supporters. This comes amid scrutiny over various financial dealings. These include lawsuits against the government and deals favoring his family's businesses. The president has also engaged in significant stock trading and crypto ventures. His properties have hosted numerous political events. Renovation projects have also incurred substantial public costs. ...Less

While stablecoins - crypto tokens whose monetary value is pegged to a stable asset to protect from wild v ...More

While stablecoins - crypto tokens whose monetary value is pegged to a stable asset to protect from wild volatility - have been around for years now, they are yet to successfully make headway into the mainstream consumer payments ecosystem. ...Less

The Temasek ⁠and Peak XV-backed company aims to launch in countries that have a "stablecoin-friendly stan ...More

The Temasek ⁠and Peak XV-backed company aims to launch in countries that have a "stablecoin-friendly stance", Amrish Rau said in an interview on Friday, without specifying which countries they would launch in. ...Less

Stablecoins are designed to maintain a constant value, usually a 1:1 U.S. dollar peg, and their use has e ...More

Stablecoins are designed to maintain a constant value, usually a 1:1 U.S. dollar peg, and their use has exploded, notably by crypto traders moving funds between tokens. ...Less

U.S. banking giants, including JPMorgan and Bank of America, are exploring a unified stablecoin, signalin ...More

U.S. banking giants, including JPMorgan and Bank of America, are exploring a unified stablecoin, signaling a shift toward regulated digital assets. The move could disrupt political tokens like the $TRUMP memecoin and reshape the U.S. crypto landscape. ...Less

SoFi Technologies has launched its own US dollar stablecoin, SoFiUSD, fully backed by cash reserves. The ...More

SoFi Technologies has launched its own US dollar stablecoin, SoFiUSD, fully backed by cash reserves. The digital bank plans to offer the token to its members soon, aiming to facilitate 24/7 settlements for card networks, retailers, and businesses. This move aligns with a broader trend of financial firms embracing stablecoins for faster and cheaper money movement. ...Less