Browsing: stablecoin

Key insight: Treasury is directing stablecoin issuers to combat money laundering and other illicit activities with bank-like rules and additional requirements to ensure AML monitoring is…

Key insight: The Council of Economic Advisers said its model shows a stablecoin yield ban would increase bank lending by $2.1 billion — a mere 0.02%…

Processing ContentKey insight: States get flexibility in setting capital and liquidity, but must match federal protections on “uniform standards,” like AML.Expert Quote: “A State-level regulatory regime…

Some quick (but important) notes 🤓Stablecoin yield programs sometimes pay more than traditional banking products, but they generate yield in riskier ways and are not FDIC-insured.Some…

Key insight: The risks posed by stablecoins — including the less-understood risks of technology — should not be used to halt progress.What’s at stake: Risk that…

Key insight: Draft legislative language circulating on Capitol Hill meant to break an impasse between crypto firms and banks on stablecoin yield contains a lengthy list…

A view of the Mastercard company logo on its stand during the Mobile World Congress in Barcelona on March 1, 2017.Joan Cros Garcia – Corbis |…

Key insight: Two recent reports come to very different conclusions as to the feasibility of public blockchains for finance; the differences matter for global stablecoin adoption.What’s…

Key insights: Founded by Eugene Ludwig, Cari is building a bank network for tokenized deposits. What’s at stake: Banks are looking for an alternative to stablecoins, which…

Key insights: Ripple is adding more payment processing technology for stablecoins and traditional currency. What’s at stake: The company is competing with the large card networks and…