Stablecoins

Stablecoins are digital assets pegged to a stable reserve, such as the US Dollar or Gold, to minimize price volatility. Serving as the primary medium of exchange in Web3, tokens like USDT, USDC, and PYUSD facilitate global payments and DeFi liquidity. In 2026, the focus has shifted toward yield-bearing stablecoins and compliant stablecoin frameworks under global regulations like MiCA. This tag covers the intersection of traditional finance (TradFi) and crypto through stable on-chain liquidity solutions.

23493 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
GMX finalizes $44M payout to GLP holders affected by V1 exploit

GMX finalizes $44M payout to GLP holders affected by V1 exploit

GMX has concluded its ~$44 million compensation plan for GMX Liquidity Provider holders on Arbitrum impacted by the July V1 vulnerability. The update was shared on X by GMX (GMX) on Aug. 13, following the protocol’s final distribution round. The…

Author: Crypto.news
Analyst: Stablecoins and DeFi may unlock nearly $1 trillion in global economic value each year

Analyst: Stablecoins and DeFi may unlock nearly $1 trillion in global economic value each year

PANews reported on August 14th that Jamie Coutts, chief cryptocurrency analyst at Real Vision, wrote on the X platform that stablecoins will eliminate trillions of dollars in economic friction, thereby

Author: PANews
South Korea announced 123 "Five-Year National Plans" to promote the development of the virtual asset market

South Korea announced 123 "Five-Year National Plans" to promote the development of the virtual asset market

PANews reported on August 14th that, according to South Korean media outlet Metro Seoul, South Korea's Presidential State Affairs Commission held a public press conference and announced a "Five-Year National

Author: PANews
Pantera: How to value BitMine after sweeping up 1 million ETH?

Pantera: How to value BitMine after sweeping up 1 million ETH?

This article is from: Pantera; Original Article by Cosmo Jiang and Erik Lowe Compiled by Azuma, Odaily Planet Daily Editor's Note: On the evening of August 11th, BitMine Immersion Technologies,

Author: PANews
Mizuho Securities: Circle faces medium-term risks from slowing USDC growth, rising distribution costs, and possible interest rate cuts

Mizuho Securities: Circle faces medium-term risks from slowing USDC growth, rising distribution costs, and possible interest rate cuts

PANews reported on August 14th that, according to The Block, Mizuho Securities' equity researchers stated that Circle's stock faces medium-term risks, including slower-than-expected USDC growth, rising distribution costs, and potential

Author: PANews
South Korea Takes Another Step Toward Crypto Reform Amid Talk of Regulatory Shake-up

South Korea Takes Another Step Toward Crypto Reform Amid Talk of Regulatory Shake-up

South Korea’s government is set to fast-track pro-business crypto reforms, including stablecoin regulations. The South Korean newspaper Metro Seoul reported that the Presidential Committee on State Affairs announced its plans at a public briefing on August 13. South Korea Crypto Reform Taking Shape The committee spoke of a five-year plan for state administration, naming 123 state affairs-related tasks. Among these tasks named were “the construction of a digital asset ecosystem” and “developing the domestic cryptoasset market.” Both were identified as “key national tasks” for the administration, which took office in early June this year following the election of President Lee Jae-myung. President Lee Jae Myung on Wednesday laid out a sweeping five-year policy agenda, detailing 123 national tasks ranging from constitutional reform to industrial growth and market fairness. https://t.co/52cb7gzOvi — The Korea JoongAng Daily (@JoongAngDaily) August 13, 2025 Lee has spoken repeatedly about his intention to build up the domestic crypto sector, with deregulation and stablecoin regulation high on his agenda. The President appears keen to let domestic firms issue won-pegged stablecoins . Leading banks and IT companies have reacted by registering scores of stablecoin-related trademarks . Others are hurriedly rolling out crypto-related business plans, aware that this may allow non-financial firms to develop advanced payment platforms. However, one of President Lee’s key campaign pledges was left off the five-year plan, namely the dissolution of the Financial Services Commission (FSC). The FSC is the nation’s top financial regulator. Its Financial Intelligence Unit (FIU) polices the country’s crypto exchanges , issuing operating permits and conducting periodic on-site inspections. It also enforces anti-money laundering and terrorist financing protocols at the trading platforms. The Government Complex Building in Seoul, South Korea. (Source: Seoul Institute [CC BY 4.0]) FSC: Vociferous Critic No More? In previous years, the FSC has been a vociferous critic of the crypto sector. But in recent years, as governments have relaxed their hardline stance to the industry, it has spoken in favor of reform. Under the proposal, FSC’s supervisory duties were to transfer to the Financial Supervisory Service. The FSC’s policy-related tasks were due to transfer to the Ministry of Strategy and Finance. But Lee’s plan to scrap the FSC proved controversial, even among senior ministers. While his offices have yet to confirm that the President has shelved the policy, the five-year plan appeared to suggest the proposal may have moved to the back burner. There was no mention of the regulatory reorganization move on the plan. And seven of the 123 tasks were assigned to the FSC. The newspaper added that crypto reforms are a “key focus” for both the government and the National Assembly this year. As such, reforms are “expected to gain momentum” in the weeks ahead, Metro Seoul wrote. ‘Time to Play Catch-up’ Political leaders are concerned that South Korea is being left behind. They note that over the past two years, the global crypto market has expanded by about 262%. While crypto investment has spiked in the US, the European Union, and Japan, driven by institutionalization drives, the same cannot be said for Seoul. The outlet wrote: “Delayed institutional reforms and a lack of legislation in South Korea have left the domestic cryptoasset market significantly lagging in terms of competitiveness.” South Korea says President Lee Jae Myung to visit Japan this month https://t.co/PmtmRcPibF — Nikkei Asia (@NikkeiAsia) August 13, 2025 The FSC has prioritized its plan to allow corporations to buy and sell crypto. It also wants to tak a “more relaxed approach” to regulations. The regulator has previously spoken of its intention to roll out crypto-related regulations before the end of this year. However, skeptics say that a final decision on the fate of the FSC is yet to be taken. Talks to abolish the regulator “may resume in the future,” the newspaper explained. Unnamed financial sector officials opined that the debate over the reorganization of the financial regulators would “continue until the end of the year.” Earlier this month, the Seoul district of Gangnam announced it had recouped $144,057 in unpaid taxes in the first half of this year by seizing coins from tax evaders .

Author: CryptoNews
Tempo, the new public blockchain, is a collaboration between Stripe and Paradigm. Project analysis and strategic intentions are analyzed.

Tempo, the new public blockchain, is a collaboration between Stripe and Paradigm. Project analysis and strategic intentions are analyzed.

Author: Zz, ChainCatcher In August 2025, a job posting briefly posted on the website of the crypto lobbying group "Blockchain Association" revealed for the first time that financial technology giant

Author: PANews
GENIUS Act Bombshell? Banking Groups Demand Stablecoin Interest Loophole Close Before Cash Flees

GENIUS Act Bombshell? Banking Groups Demand Stablecoin Interest Loophole Close Before Cash Flees

Key Takeaways: U.S. banking associations want Congress to close an interest-payment loophole in the GENIUS Act for stablecoin affiliates. The debate could expand into a broader discussion on the role of U.S. stablecoins in international payment systems. Future political shifts may influence whether current restrictions are tightened, relaxed, or adapted to global regulatory norms. Major U.S. banking trade groups are calling for Congress to block stablecoin issuers and affiliated firms from paying interest to token holders, warning that the practice could drain deposits from banks and reduce lending to households and businesses. In digital asset market structure legislation, it is important that the requirements in the GENIUS Act prohibiting the payment of interest and yield on stablecoins are not evaded. The latest from BPI, @ABABankers , @ConsumerBankers , @FSForum and @ICBA : https://t.co/YOta4d4UDA — Bank Policy Institute (@bankpolicy) August 12, 2025 In a joint statement published recently, organizations including the American Bankers Association, Bank Policy Institute, Consumer Bankers Association, Financial Services Forum, and Independent Community Bankers of America (ICBA) said current provisions under the GENIUS Act leave a gap that allows exchanges and related entities to offer yield on payment stablecoins, despite a statutory ban on issuers doing so. GENIUS Act Under the Magnifying Glass The groups argued that without an explicit prohibition covering distribution partners, the intent of the law will be undermined. They pointed to Treasury Department estimates that stablecoins capable of offering interest could result in up to $6.6 trillion in deposit outflows, intensifying funding pressures for banks and money market funds. The statement emphasized that bank deposits remain a key source of loan funding, while money market funds operate under securities regulations that permit them to offer yield. Payment stablecoins, the groups noted, are not structured to fund loans and do not face the same supervisory oversight. “Incentivizing a shift from bank deposits and money market funds to stablecoins would end up increasing lending costs and reducing loans to businesses and consumer households,” the statement said. Under the GENIUS Act, payment stablecoin issuers are prohibited from offering interest, yield, or other financial rewards. The banking associations said exchanges and affiliates acting as distribution channels can still provide such incentives under current language, creating a pathway for indirect interest payments that sidestep the restriction. Stablecoins, the Trump Administration, and Political Shifts They warned that joint marketing arrangements between issuers and exchanges could accelerate deposit outflows during periods of financial stress, reducing credit supply and raising borrowing costs for Main Street borrowers. The letter urged lawmakers to extend the prohibition to all entities facilitating stablecoin transactions, including affiliated platforms and intermediaries, to preserve the stability of traditional funding sources. Looking ahead, the debate over the GENIUS Act could intersect with political shifts, especially if a Trump administration revisits federal priorities on digital asset oversight. Any future policy recalibration could influence how aggressively agencies enforce or revise restrictions on stablecoin activity, including interest-related provisions. Industry participants are also watching whether international developments will affect U.S. positions. If other major jurisdictions permit yield-bearing stablecoins under regulated frameworks, pressure could mount on Congress and regulators to balance domestic credit stability concerns with the competitive positioning of U.S.-issued stablecoins in cross-border markets. Frequently Asked Questions (FAQs) How might closing the stablecoin interest loophole affect global payments? Tighter rules could limit the appeal of U.S.-issued stablecoins abroad, especially in markets where regulated yield-bearing tokens are permitted. What role do payment stablecoins play in cross-border trade? They can facilitate near-instant settlement in multiple currencies, offering an alternative to traditional correspondent banking systems in international commerce. What other industries could be impacted by changes to stablecoin regulation? E-commerce platforms, remittance providers, and decentralized finance (DeFi) protocols could all be affected depending on how payment token rules evolve.

Author: CryptoNews
Coinbase partners with Squads to accelerate USDC adoption on Solana

Coinbase partners with Squads to accelerate USDC adoption on Solana

Coinbase is teaming up with Squads to bolster the adoption of the USDC stablecoin on the Solana blockchain. Squads, a decentralized finance layer on Solana (SOL), announced the strategic partnership with Coinbase on Aug. 13, noting the collaboration aims at…

Author: Crypto.news
Bernstein maintains Circle stock price target at $230

Bernstein maintains Circle stock price target at $230

PANews reported on August 13th that analysts at Wall Street brokerage firm Bernstein predict that Circle, with its liquidity, regulatory advantages, and payment infrastructure, is expected to dominate the stablecoin

Author: PANews