China’s crypto ban Is failing to stop a $176 billion P2P economy
Despite official bans from Beijing, China's underground crypto landscape has generated at least $176 billion, heavily driven by peer-to-peer stablecoin transactions and…
Tag: Stablecoins
Circle and Tether find common ground against MiCA’s bank reserve rules
Circle and Tether have raised concerns over the European Union's MiCA banking reserve mandates, arguing that forcing stablecoin issuers to hold large…
New Treasury rules could change how stablecoin issuers get your dollars back
New Treasury rules from the SEC mandate central clearing for debt transactions, impacting how stablecoin issuers liquidate reserves into cash for customer…
The same Fed rate hike can help stablecoins and hurt Bitcoin borrowers
A Federal Reserve interest rate hike can increase reserve income for dollar stablecoin issuers like Circle while simultaneously raising interest expenses for…
Stablecoins may not drain banks of dollars but they can still make lending more expensive
Stablecoins may not completely drain bank dollars, but they transform reliable retail deposits into volatile corporate holdings. This shift can raise regulatory…
Congress Considers Expanding Crypto, Stablecoin Rules for Banks
Lawmakers in Congress are evaluating expanded cryptocurrency regulations that could allow banks and credit unions to hold digital assets, use blockchain technology,…