BITPRISMIA
Stablecoins are projected to account for 12% of global cross-border payments by 2030, driven by improvements in market infrastructure, regulatory advancements, and industry innovation.
Circle plans to offer 10 million Class A shares at $130 each, a price more than quadruple its June IPO price of $31, as disclosed in a recent SEC filing.
Citigroup is exploring digital asset custody and payment services, including stablecoin payments and cryptocurrency ETFs, signaling a significant step towards institutional adoption of digital assets.
The article compares South Korea's tightly controlled CBDC approach with Japan's open stablecoin framework, highlighting their implications for investors and the broader adoption of blockchain technology in Asia.
Stablecoins and decentralized finance (DeFi) have the potential to significantly reduce financial costs and economic friction globally, with experts estimating up to $1 trillion in unlocked economic value annually.
The minting of 250 million USDC by the USDC Treasury highlights its role in enhancing crypto market liquidity and maintaining the stablecoin's peg to the US dollar.
The minting of 401 million USDC highlights the growing demand for stablecoins and their role in enhancing liquidity and stability in the crypto market, managed transparently by the USDC Treasury.
Coinbase has relaunched its Stablecoin Bootstrap Fund to boost USDC and EURC liquidity in DeFi protocols on Ethereum and Solana, aiming to foster growth for participating platforms.
A significant event of 250 million USDC being minted by the USDC Treasury was reported by Whale Alert, indicating growing demand for stablecoins and increased crypto market activity.
The Bank Policy Institute (BPI) warns that a loophole in the GENIUS Act could allow stablecoin issuers to pay interest, potentially destabilizing the financial system by diverting trillions from traditional bank deposits.