Tag: Stablecoins

Treasury Can’t Ignore Congress On Stablecoins, Coinbase Says

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The US Department of the Treasury is facing conflicting feedback from crypto companies and traditional banking groups over how to implement the GENIUS Act, the law that regulates stablecoin payments in the US. In a letter on Tuesday, Coinbase urged the Treasury to limit a ban on stablecoin interest payments exclusively to stablecoin issuers, while allowing it for non-issuers, such as crypto exchanges. Coinbase said its proposal aligns with Congress’s intent when passing the legislation. At the same time, several banking groups, led by the Bank Policy Institute (BPI), have…

Canada plans to regulate stablecoins in 2025 federal budget

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Key Takeaways Canada intends to regulate stablecoins through its 2025 federal budget. The regulatory oversight will be administered under the Retail Payment Activities Act by the Bank of Canada. Share this article Canada plans to include stablecoin regulation in its 2025 federal budget, establishing oversight requirements for digital token issuers. The regulatory framework will be administered under the Retail Payment Activities Act, with the Bank of Canada overseeing implementation. The proposed rules will require stablecoin issuers, entities that create fiat-backed digital tokens, to implement reserve requirements and risk management protocols.…

Stablecoins Deserve Better, And They’re Finally Getting It

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Opinion by: Neeraj Srivastava, chief technology officer at MNEE When they first emerged, stablecoins were pitched as a revolution in payments. Traditional banking rails often take one to four days to settle debit card transactions (and weeks for wire transfers) and charge you a hefty sum for the service. Stablecoin settlements wouldn’t just be faster and cheaper; they’d be near-instant and cost almost zero.  Unfortunately, we can’t really claim they’ve lived up to that promise. While transaction settlement times have been significantly decreased, they still vary substantially depending on the…

Tokenized Bank Deposits Are Inferior to Stablecoins: Professor

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Banks and financial institutions have started experimenting with tokenized bank deposits, bank balances recorded on a blockchain, but the technology is doomed to lose out to stablecoins, according to Omid Malekan, an adjunct professor at Columbia Business School. Overcollateralized stablecoin issuers, who must maintain 1:1 cash or short-term cash equivalent reserves to back their tokens, are safer from a liability perspective than the fractional reserve banks that would issue tokenized bank deposits, Malekan said.  Stablecoins are also composable, meaning they can be transferred across the crypto ecosystem and used in…

JPMorgan CEO Jamie Dimon says blockchain and stablecoins are real and will be used by all

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Key Takeaways Jamie Dimon remarked that blockchain and stablecoin technologies are real. Dimon pointed out how smart contracts can improve efficiency. Share this article JPMorgan CEO Jamie Dimon has acknowledged that blockchains and stablecoins are real technologies that will help deliver more efficient transactions and better customer experiences. “Crypto is real, if you mean blockchains, stablecoins, you have a JPMorgan deposit coin, you can move stuff. Smart contracts are real. All that stuff is real. It will be used by all of us to facilitate, you know, better transactions and…

$2T Tokenized RWAs by 2028, Matching Stablecoins

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Tokenized real-world assets (RWAs) may reach a cumulative value of $2 trillion in the next three years as more global capital and payments migrate onto more efficient blockchain rails, according to investment bank Standard Chartered. The bank said in a Thursday report shared with Cointelegraph that the “trustless” structure of decentralized finance (DeFi) is poised to challenge the dominance of traditional financial (TradFi) systems controlled by centralized entities. DeFi’s growing use in payments and investments may bolster non-stablecoin tokenized RWAs to a $2 trillion market capitalization by 2028, the investment…

Stablecoins Real-World Use Doesn’t Harm Banks, Says Coinbase

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Concerns that crypto stablecoins will harm US banks by cannibalizing banking deposits are ill-placed and don’t consider the real-world uses of the tokens, according to Coinbase researchers. “The ‘stablecoins will destroy bank lending’ narrative ignores reality,” Coinbase policy chief Faryar Shirzad said on Wednesday. “Most stablecoin demand comes from outside the US, expanding dollar dominance globally, not competing with your local bank.” Shirzad shared a market note that said the arguments over stablecoins impact on bank deposits and lending “echo familiar worries from earlier innovations like money market funds. Yet…

Visa To Support Four Stablecoins on Four Blockchains

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Global payments giant Visa is set to roll out support for four stablecoins across four “unique blockchains,” as the firm pushes to ramp up its crypto services. Visa CEO Ryan McInerney told investors on the company’s fourth-quarter and year-end earnings call on Tuesday that the firm will continue expanding its stablecoin offerings amid strong growth over the last financial year. “We are adding support for four stablecoins running on four unique blockchains, representing two currencies that we can accept and convert to over 25 traditional fiat currencies.” McInerney did not…

Stablecoins Now a Global Macroeconomic Force

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The cryptocurrency market in 2025 is increasingly being shaped by institutional adoption and the rise of stablecoins, underscoring rapid advances in blockchain technology capable of supporting broader mainstream use, according to venture capital firm Andreessen Horowitz (a16z). In its latest State of Crypto report, a16z highlighted the growing involvement of traditional financial giants such as BlackRock, Visa, Fidelity and JPMorgan Chase, alongside fintech companies like Stripe, PayPal and Robinhood, all of which are expanding their presence in the digital asset space. Part of this growth is being driven by improvements…

Where to get high yield on stablecoins in 2025: Top 5 projects

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Share this article A new generation of stablecoins is transforming how users earn yield: they offer both stability and income through advanced on-chain strategies, ultimately passing earnings to holders. This article reviews five of the leading yield-generating protocols of 2025: each offers a stable token targeting a $1 peg while offering varying levels of annual yield through distinct mechanisms. 1. Falcon Finance (USDf) Falcon Finance issues USDf, a synthetic dollar backed by both crypto and tokenized RWAs. Its model combines over-collateralization with active yield generation across several markets. Users mint…