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.

23185 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Italian Banking Group Banca Sell to Test Custody Services for Stablecoins and Other Digital Assets

Italian Banking Group Banca Sell to Test Custody Services for Stablecoins and Other Digital Assets

PANews reported on July 2 that according to Bloomberg, Italian banking group Banca Sella Holding SpA is conducting an internal pilot project to test custody services for digital assets such

Author: PANews
Reconstructing the on-chain narrative: What new story is the Base ecosystem telling?

Reconstructing the on-chain narrative: What new story is the Base ecosystem telling?

  1. Recent changes in the Base ecosystem Since the end of May 2025, Base has ushered in a clear ecological "explosion period". The daily active addresses, TVL, and daily transaction

Author: PANews
German instant payment platform Ivy adds support for Circle’s USDC and EURC stablecoins

German instant payment platform Ivy adds support for Circle’s USDC and EURC stablecoins

PANews reported on July 2 that according to CoinDesk, German instant payment platform Ivy announced the integration of Circle's USDC and EURC stablecoins. This cooperation makes Ivy one of the

Author: PANews
South Korea's Presidential Policy Planning Committee and financial regulators jointly review requirements for issuing KRW stablecoins

South Korea's Presidential Policy Planning Committee and financial regulators jointly review requirements for issuing KRW stablecoins

PANews reported on July 2 that according to the Daily Economic News, the South Korean Presidential Policy Planning Committee recently held a meeting with financial regulators to discuss the issuance

Author: PANews
Peter Thiel, Tech Billionaires Back New Bank for Start-ups, Erebor, After SVB Collapse: Report

Peter Thiel, Tech Billionaires Back New Bank for Start-ups, Erebor, After SVB Collapse: Report

Peter Thiel has joined a group of prominent tech billionaires backing a new US bank called Erebor, aimed at replacing the role once filled by Silicon Valley Bank, whose collapse in 2023 left a vacuum in financing for start-ups and crypto firms. The proposed bank is the brainchild of Palmer Luckey, founder of defence contractor Anduril, and Joe Lonsdale, a venture capitalist and Palantir co-founder, the Financial Times reported Wednesday. Thiel’s Founders Fund is reportedly among its investors. Erebor Emerges to Fill SVB Void With Focus on Cutting-Edge Tech Businesses Erebor has applied for a national bank charter and plans to serve tech businesses focused on artificial intelligence, crypto, defence and manufacturing, as well as the individuals who work at or invest in them. Tech billionaires back new lender Erebor as Silicon Valley Bank rival https://t.co/xotSEuUfWb — Financial Times (@FT) July 1, 2025 The firm’s formation traces back to the abrupt fall of SVB, which collapsed in March 2023 under the weight of poor asset management and a sudden bank run. Once the go-to institution for early-stage tech firms and venture capitalists, SVB’s demise disrupted financial access for the innovation economy. While its assets were acquired by First Citizens and its bankers moved to new institutions like HSBC, many start-ups still report difficulties securing credit under the more risk-averse models of traditional banks. “The bank will be a national bank providing traditional banking products, as well as virtual currency-related products and services, for businesses and individuals,” Erebor said in its public filing. Erebor to Operate as Digital-Only Bank, With Eyes on Global Clients and Stablecoin Dominance The application also outlines plans to support non-US firms seeking access to the US banking system. In addition, Erebor aims to stand out by offering credit to businesses often overlooked by both traditional and disruptive financial institutions. Peter Thiel and Founders Fund have long been iconic forces in Silicon Valley. Over the years, the fund has built a portfolio of some of the most transformative tech companies. It includes 43 unicorns, 28 IPOs and 116 acquisitions. Notable names include SpaceX, Palantir, Facebook and Airbnb. As a result, their backing gives Erebor strong credibility among tech investors and founders. Although the bank is backed by high-profile figures, Luckey and Lonsdale are not expected to take on operational roles. Instead, Erebor will be led by co-CEOs Jacob Hirshman and Owen Rapaport. Hirshman previously worked at crypto firm Circle. Rapaport is the CEO of Aer Compliance. Additionally, Mike Hagedorn, a veteran of Valley National Bank, will serve as president, according to the FT. Erebor will be headquartered in Columbus, Ohio, with a secondary office in New York, but will operate entirely digitally. All customer interactions and services will be delivered through its app and website. Stablecoins are expected to be a core focus. Erebor described its goal as becoming “the most regulated entity conducting and facilitating stablecoin transactions.” However, key parts of the application, including financials and ownership details, were filed confidentially and remain undisclosed.

Author: CryptoNews
Three major impacts of the Genius Act on the cryptocurrency industry in the next five years

Three major impacts of the Genius Act on the cryptocurrency industry in the next five years

By Alex Carchidi Compiled by: Vernacular Blockchain On June 17, the U.S. Senate passed the Guidance and Establishment of a United States Stablecoin National Innovation Act (Genius Act), the first

Author: PANews
Trump-Backed GENIUS Act Under Fire: NYAG Urges Tougher Stablecoin Rules Before July Vote

Trump-Backed GENIUS Act Under Fire: NYAG Urges Tougher Stablecoin Rules Before July Vote

New York Attorney General Letitia James has raised serious concerns over the recently passed GENIUS Act, warning Congress that the bill, in its current form, could leave investors and the U.S. financial system vulnerable. In a letter sent Monday to congressional leaders, James urged lawmakers to slow down the legislative process and implement stronger guardrails before finalizing any stablecoin regulations. Attorney General Calls GENIUS Act “A Danger to Investors, Economy, and National Security” The U.S. Senate approved the “Guiding and Establishing National Innovation for U.S. Stablecoins Act” last month in a 68-30 vote . It marked the first time the chamber passed a comprehensive bill focused solely on stablecoins. The legislation proposes strict rules for issuers, including full dollar backing and monthly disclosures of reserves. The bill is now headed to the House of Representatives, where lawmakers are preparing for a potential vote in the coming days. Source: NYAG But Attorney General James says the GENIUS Act does not go far enough to protect the public. “Many people across the country invest millions of dollars in cryptocurrencies, yet our laws fail to protect them and their money from fraud,” James said in the letter. “Unregulated cryptocurrency transactions are a danger to investors, the economy, and national security.” James expressed concern that legalizing stablecoin issuance without stronger oversight will open the door to financial abuse. She warned that the current bill lacks key protections and could allow stablecoin issuers to operate with less accountability than banks. Her letter calls on Congress to treat stablecoin issuers like traditional banks. That would include stronger regulatory supervision, capital requirements, and FDIC-backed insurance on stablecoin deposits. She also recommended digital identity verification for stablecoin users to reduce fraud, prevent money laundering, and limit the ability of bad actors to hide behind anonymity. James warned that stablecoins are often used in anonymous transactions, which can be exploited by criminal networks and terrorist groups. Without stricter measures, she argued, the GENIUS Act could compromise national security and leave the economy exposed. The letter also emphasized the need to keep stablecoin issuers within U.S. jurisdiction. Offshore platforms, James said, pose enforcement challenges and make it harder to maintain regulatory standards. She also urged lawmakers not to undercut community banks, which she said remain essential to rural and underserved communities. GENIUS and CLARITY Crypto Bills Favor Industry Over Investors James is not only targeting the GENIUS Act; She has also submitted a statement to the House Financial Services Committee regarding the Digital Asset Market Clarity Act ( CLARITY ), another crypto bill under review. In that statement, James criticized the bill for shielding bad actors, allowing market manipulation, and failing to give regulators the tools to stop fraud. She warned that both the GENIUS and CLARITY Acts, if passed without key revisions, would create a weak regulatory framework that prioritizes industry growth over consumer protection. In her latest letter, James told Congress: “Take the time necessary to draft legislation that will enhance innovation while protecting our banking system that is the envy of the world.” The GENIUS Act, while receiving bipartisan support in the Senate , has drawn divided reactions from regulators and state officials. It would limit stablecoin issuance to licensed institutions and impose requirements around asset backing and public disclosures. ⚠️ The GENIUS Act has been passed — but experts say stablecoins have the potential to damage the global economy #Crypto #Tether #Circle #USDT #USDC https://t.co/NWGB63iV2M — Cryptonews.com (@cryptonews) June 19, 2025 Under the bill, stablecoins must be backed by U.S. dollars or equivalent liquid assets, and consumer protections are included in the event of issuer bankruptcy. President Donald Trump has publicly endorsed the bill. “Get it to my desk, ASAP—NO DELAYS, NO ADD ONS,” he wrote on Truth Social. Still, James insists the bill needs deeper scrutiny. She warned that pushing stablecoin legislation forward without additional safeguards will leave American investors at risk. The House of Representatives is expected to hold procedural votes on the GENIUS and CLARITY Acts as early as the week of July 7 . 🏛️ The GENIUS Act and the CLARITY Act slated to be voted on by the House of Representatives as early as next week. #GENIUSAct #CLARITYAct https://t.co/5sxdIu420J — Cryptonews.com (@cryptonews) June 30, 2025 Should either bill pass both chambers, it would represent a major shift in how digital assets are regulated in the U.S. This isn’t James’ first warning to Congress. In April, she sent letters urging lawmakers to include “common sense principles” in any crypto bill, such as requiring stablecoin issuers to operate onshore and barring cryptocurrencies from retirement accounts. With momentum building in Washington to establish clear crypto laws, James is pressing for balance. She says investor protection and financial stability must not be traded for speed. “Congress must pass legislation that strengthens oversight of cryptocurrency to help stop fraud and criminal activity and protect the American public,” she said.

Author: CryptoNews
Bitcoin could reach $200,000 by year-end, but altcoin growth remains weak: Bitwise

Bitcoin could reach $200,000 by year-end, but altcoin growth remains weak: Bitwise

Bitwise executives shared in a Tuesday report that the firm is maintaining its prediction that Bitcoin (BTC) could hit a $200,000 milestone by the end of 2025.

Author: Fxstreet
Mastercard to expand crypto team, hires two senior staff to advance blockchain initiatives

Mastercard to expand crypto team, hires two senior staff to advance blockchain initiatives

PANews reported on July 1 that according to CoinDesk, payment giant Mastercard is expanding its crypto business team and plans to recruit two vice president-level executives at its U.S. headquarters.

Author: PANews
FATF’s crypto checklist hints at the next regulatory crackdown

FATF’s crypto checklist hints at the next regulatory crackdown

The FATF is shaping global crypto rules from behind the scenes, with stablecoins and DeFi next in line for scrutiny.

Author: PANews