News with the tag "Stablecoin"

When stablecoins call the shots, Ethereum’s decentralization becomes structurally compromised.

Lagarde stated that the rise of stablecoin adoption has introduced other risks, as it weakens sovereignty and reduces the ability to conduct monetary policy. She emphasized that, as they currently stand, stablecoins should not be treated as money. ECB President Christine Lagarde Warns About the Dang...

Europe’s largest asset manager is sounding alarms as U.S.-regulated stablecoins surge, threatening to erode dollar dominance and destabilize global money flows at massive scale. US Dollar’s Global Role Challenged by Surge in Regulated Stablecoins A sweeping shift in global financial dynamics could b...

Rostec, a state-owned defense and technology conglomerate, will launch its stablecoin RUBx on the TRON ecosystem. Russian state media reported on the development. RUBx will have one-to-one backing of Russian Rubles to validate the token. Alexander Nazarov, Deputy General Director for Rostec, stated ...

Stablecoins are growing fast. Most of the $255 billion sector is currently concentrated in U.S. dollar-backed tokens, which account for $241 billion of that total, according to RWA.xyz data. Former European Central Bank board member and chair of Société Générale, Lorenzo Bini Smaghi, has said that t...

Although bitcoin has seen its fair share of price swings this week, the stablecoin market has quietly ballooned by $2.114 billion—edging ever closer to the $260 billion milestone. USDT Leads the Charge as Stablecoins Creep Toward $260B Summit Over the last seven days, the stablecoin market has climb...

BitcoinWorld Stablecoin Mania: Why China’s Douyin is Abuzz with Digital Currency Talk Imagine a short video about a complex financial instrument topping the trending charts on one of the world’s largest social media platforms. That’s exactly what’s happening in China, where a video titled ‘What is a...

The GENIUS Act may have finally cornered crypto’s biggest stablecoin. Will it bend or break?

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Could ‘Crypto Week’ actually move the market or is it just political theater?