Browsing: stablecoin

Key insights: The GENIUS Act will push banks to create strategies for stablecoins and other digital assets.  What’s at stake: Complicated technology work will be required to…

What is a dollar? Noelle Acheson highlights how stablecoins are underlining the ways in which the absence of an official definition can have geopolitical and macroeconomic…

Key insights: A group of European banks are teaming to issue a euro-backed stablecoin. What’s at stake: Most current stablecoins are U.S. dollar-backed, creating pressure on banks…

Key insights: Klarna has issued a stablecoin and extended its gift card scale.  What’s at stake: The Swedish financial institution is looking to build a market in…

Key insight: U.S. Bank’s stablecoin pilot is part of a broader trend in which banks are moving toward tokenized settlement.Supporting data: Stellar supports about 1,000 transactions…

Key insight: ICBA says Bridge’s stablecoin plan violates historic scope of the trust charter.Supporting data: The industry group cites deposit-like business plans and the lack of…

Key insight: The new BNY fund is not a tokenized product; it’s a traditional money market fund designed specifically to hold the cash and Treasury reserves…

Key insights: The Coinbase-BVNK acquisition fell through; Visa launched its second stablecoin pilot on Visa Direct; the Bank of England seeks input on stablecoin restrictions; and…

Fed Governor Stephen Miran on Friday suggested that surging demand for dollar-denominated stablecoins could help push U.S. interest rates lower.In a speech delivered for an audience…

What’s at Stake: President Donald Trump has been pressuring the central bank to lower interest rates for months.Forward Look: Miran, who is on leave from his…