#stablecoins
7 stories
Is Jackson Hole a Crypto Conference Now?
Two gatherings, 35 miles apart, ten days apart. The Fed's theme this year: Financial Innovation.
The Bank of England Is Being Handed a Legal Duty to Foster Stablecoins
A statutory secondary objective, subordinate to financial stability, with an annual report to parliament — after sustained criticism of the Bank's caution.
Crypto Lobby to Regulators: Don't Stretch Stablecoin KYC to Peer-to-Peer Transfers
The Blockchain Association's comment letter backs identity checks at the issuer level — and warns that pushing them downstream could 'cripple the industry.'
The Bank Stablecoin Wave Arrives: SoFi, Revolut, and Crédit Agricole All Ship
A category crypto built is being colonized by the institutions it meant to bypass — and that's what mainstream infrastructure looks like.
Five Federal Agencies Propose Customer ID Rules for Stablecoin Issuers Under the GENIUS Act
FinCEN, the OCC, the Fed, the FDIC, and the NCUA jointly published the CIP proposal, with comments due August 21 — the first hard plumbing of the stablecoin law.
Stablecoin Market Cap Tops $200 Billion for the First Time as USDC Closes the Gap on Tether
Circle has added $12 billion in supply this quarter, narrowing Tether's lead to the smallest margin since 2021. The composition of who is holding what has changed, too.
Stablecoins Are Now the Product. Everything Else Is Distribution.
Tether is the most profitable company per employee in modern financial history. Circle is a quiet infrastructure monopoly. The rest of crypto is, increasingly, a distribution channel for their balances.