Key Takeaways State Street is expanding into digital assets with a new suite of tokenized products, including money-market funds, ETFs, tokenized deposits, and stablecoins. The firm has shifted from its traditional back-office roles toward active product development within digital assets. Share this article Major custody bank State Street plans to launch tokenized deposits, stablecoins, money-market funds, and ETFs as it grows its footprint in the digital asset market, Bloomberg reported Thursday. The bank plans to collaborate with institutional clients, money managers such as Franklin Resources and Fidelity, and its own…
Tag: Stablecoins
JPMorgan CFO Warns Yield Stablecoins Threaten Banking System
Stablecoins emerged as a topic during JPMorgan Chase’s fourth-quarter earnings call on Tuesday, with executives expressing support for blockchain technology while warning that certain stablecoin designs could threaten the regulated banking system. The comments came in response to a question from Evercore analyst Glenn Schorr, who asked about stablecoins in light of recent industry lobbying by the American Bankers Association and ongoing congressional markups related to digital asset legislation. Responding to the question, JPMorgan chief financial officer Jeremy Barnum said the bank’s position aligns with the intent of the GENIUS…
Stablecoins and Crypto Crime Reshaped Regulation in 2025
As crypto markets entered 2026, one theme became increasingly clear: Last year was less about speculation and more about infrastructure, regulation, and real-world use. Across jurisdictions, regulators and institutions moved from theory to implementation, reshaping how digital assets are supervised and used. A defining feature of this shift was the rise of stablecoins. While Bitcoin (BTC) continues to dominate crypto market capitalization, stablecoins now account for more than half of all onchain transaction volumes globally. Their increasing role in payments, remittances, and trading has placed them firmly in the center…
Role Of Tether’s USDT Venezuela And Iran Highlights Duality Of Stablecoins
Recent turmoil in Venezuela and Iran has again put the spotlight on the duality of stablecoins, with the US dollar-backed assets such as Tether acting as both a savior for embattled citizens and a tool for blacklisted entities to evade sanctions. Both Venezuela and Iran have been catching headlines at the beginning of 2026 amid political uncertainty and civil unrest. With both facing a host of sanctions, inflation, political instability, and a cost-of-living crisis, crypto and stablecoins have become an important part of the ecosystem. Iran’s stablecoin entanglement Iran has…
Vitalik Wants Better Decentralized Stablecoins on Ethereum
One of the inventors of Ethereum, Vitalik Buterin, argues that Ethereum needs better decentralized stablecoins to truly give people independence from the traditional financial system. “We need better decentralized stablecoins,” Buterin said in a post to X on Sunday, in response to Gabriel Shapiro, a lawyer at crypto investment firm Delphi Labs, who said Ethereum is “tripling down on disrupting power to enable sovereign individuals.” However, Buterin said for this to happen, decentralized stablecoins need to address three problems. Three problems plaguing decentralized stablecoins One of the problems is that…
Coinbase Bets on Stablecoins, Base and ‘Everything Exchange’ for 2026
Coinbase intends to prioritize stablecoins, its Ethereum layer-2 Base and building out its exchange products past cryptocurrencies throughout 2026, according to CEO Brian Armstrong. In a New Year’s social media post Armstrong reaffirmed Coinbase’s “everything exchange” strategy, which includes products like prediction markets, equities and commodities. At its year-end conference in December, Coinbase launched stock trading and prediction markets as part of its push. The company has also rebranded its wallet app as an “everything app,” adding social networking and onchain features. Coinbase isn’t alone in broadening its product suite.…
Crypto Investment Themes for 2026: Bitcoin, Stablecoins and RWAs
2025 didn’t unfold the way many cryptocurrency investors expected. Although Bitcoin (BTC) peaked almost precisely in line with its historical four-year cycle, the long-anticipated blow-off top never materialized. Notably, Bitcoin’s gains failed to cascade into the broader market, leaving hopes for a full-fledged altcoin season largely unfulfilled. As a result, 2026 opens under a cloud of uncertainty. Investor sentiment is extremely negative, marked by caution and skepticism, even as the industry finds itself in an unprecedented position. For the first time in crypto’s 15-year history, institutions, corporations and regulators are…
India’s Central Bank Pushes For CBDCs Over Stablecoins
The Reserve Bank of India has urged countries to focus on central bank digital currencies over privately-issued stablecoins, citing concerns about financial stability. In its December financial stability report, released on Wednesday, the RBI argued that CBDCs preserve the “singleness of money and the integrity of the financial system,” and should remain as the “ultimate settlement asset” and the “anchor for trust in money.” “The RBI, therefore, strongly advocates that countries should prioritise central bank digital currencies over privately issued stablecoins to maintain trust in money, preserve financial stability and…
VCs Pick Incumbents, Stablecoins as 2025 Crypto Winners
After a year of regulatory change and uneven market performance, crypto investors are reassessing where value accrued in 2025. In a recent podcast, Pantera Capital partner Mason Nystrom, Hash3 co-founder Hootie Rashidifard and Variant partner Alana Levin identified incumbents, such as Robinhood, alongside stablecoin companies and prediction markets as this year’s top performers. According to Nystrom, incumbents benefited from acting once the regulatory environment became clearer. He pointed to Robinhood, which he said had taken a cautious stance toward crypto in recent years before moving more aggressively in 2025, adding…
Amplify Launches ETFs for Stablecoins And Tokenization
Digital asset manager Amplify has launched two exchange-traded funds tracking blockchain projects across stablecoins and tokenization. The company said on Tuesday that its Amplify Stablecoin Technology ETF (STBQ) and Amplify Tokenization Technology ETF (TKNQ) both went live on the NYSE Arca exchange. Both funds track a diversified index of companies working on products or infrastructure, along with projects that generate revenue from tokenization and stablecoins. “These new ETFs expand Amplify’s lineup at a time when the infrastructure behind stablecoins and the growth of tokenization are shaping the next phase of…