Browsing: stablecoin

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…

Key insights: U.S. Bank is still exploring stablecoin options outside of custody services, but sees opportunity in trade finance, CEO Gunjan Kedia said at the The…

The U.S. cannot assume its early lead in stablecoins will last. Dollar-pegged tokens dominate today, but Japan’s clear regulations and institutional adoption could mean yen stablecoins…

Key insight: Western Union plans to issue its own stablecoin. What’s at stake: The firm hopes to compete against the fintechs that are expanding quickly in the…

Key insight: Paxos and Aleo have launched a stablecoin that includes “privacy” for payroll. What’s at stake: Other fintechs are also targeting stablecoins for payroll, creating competition.  Forward…

BlackRock , a giant in the world of stocks and bonds, is ramping up its efforts to serve the stablecoin market, the company first told CNBC.…

Key insight: Bridge joins Circle, Ripple and Paxos in seeking a regulatory charter to serve customersExpert Quote: “We’ve long believed stablecoins will be a core, regulated…

A multi-stablecoin world brings choice and flexibility to an emerging and potentially vast market, writes Noelle Acheson. The resulting chaos has solutions, and selection will streamline…

Key insight: North Dakota is joining Wyoming as states issuing stablecoins. What’s at stake: Fiserv, the state’s partner, is looking to scale its stablecoin platform.Forward look: Hundreds…