Browsing: stablecoin

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 insight: Banks want regulators to prohibit any economic benefit to stablecoin holders, while crypto companies argue that a flexible approach would benefit consumers.Supporting data: Bank…

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…