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.

23900 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Wormhole vs LayerZero – Who Will Win the Fight for Stargate’s $345M Network?

Wormhole vs LayerZero – Who Will Win the Fight for Stargate’s $345M Network?

Wormhole called for Stargate’s community to pause the ongoing governance vote for five days, giving it time to finalize due […] The post Wormhole vs LayerZero – Who Will Win the Fight for Stargate’s $345M Network? appeared first on Coindoo.

Author: Coindoo
China To Approve Yuan-Backed Stablecoins to Compete with US Dollar; Reuters

China To Approve Yuan-Backed Stablecoins to Compete with US Dollar; Reuters

TLDR China plans to approve yuan-backed stablecoins to promote global use of the yuan. Stablecoins are seen as a way to counter US dollar dominance in global payments. Hong Kong and Shanghai will fast-track the implementation of China’s stablecoin plan. China’s push for stablecoins comes amid growing geopolitical tensions and US stablecoin growth. China is [...] The post China To Approve Yuan-Backed Stablecoins to Compete with US Dollar; Reuters appeared first on CoinCentral.

Author: Coincentral
Senator Lummis Targets Year-End Approval for Crypto Market Structure Law

Senator Lummis Targets Year-End Approval for Crypto Market Structure Law

TLDR Senator Cynthia Lummis confirmed that Congress will complete the crypto market structure bill by the end of this year. The Senate Banking Committee will begin marking up the legislation in September and aims to finish its work that month. The Agriculture Committee is expected to move its portion of the bill in October to [...] The post Senator Lummis Targets Year-End Approval for Crypto Market Structure Law appeared first on Blockonomi.

Author: Blockonomi
Crypto Lobby Pushes Back Against Bank Effort to Rewrite U.S. Stablecoin Law

Crypto Lobby Pushes Back Against Bank Effort to Rewrite U.S. Stablecoin Law

The post Crypto Lobby Pushes Back Against Bank Effort to Rewrite U.S. Stablecoin Law appeared on BitcoinEthereumNews.com. The crypto industry is mounting a counteroffensive against Wall Street bankers’ bid to rewrite the U.S.’ new stablecoin law, arguing that attempts to roll back core provisions of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act would tilt the field toward traditional banks. In a letter to Senate Banking Committee leaders dated Aug. 19, the Crypto Council for Innovation and the Blockchain Association urged lawmakers to reject proposals from the American Bankers Association, Bank Policy Institute and state banking groups that called for stripping out Section 16(d) of the law and banning yield programs offered by affiliates of stablecoin issuers. Section 16(d) allows subsidiaries of state-chartered institutions to conduct money transmission across state lines in support of stablecoin issuer activities, ensuring holders can redeem their tokens nationwide without needing separate state licenses. Banking groups warned earlier this month that allowing state-chartered, uninsured institutions to issue stablecoins and operate nationwide would amount to regulatory arbitrage, bypassing state licensing regimes, CoinDesk reported earlier. They also argued that the law contains a loophole by banning issuers themselves from offering interest but not preventing affiliates or exchanges from doing so, which they say could drain as much as $6.6 trillion in deposits from the U.S. banking system. The crypto groups’ Aug. 19 letter dismissed those fears as unsupported by observed data. Citing a July 2025 study by Charles River Associates, the groups said there is no statistically significant link between stablecoin adoption and community bank deposit outflows. Instead, they pointed out, most stablecoin reserves remain inside the financial system in commercial banks and Treasury securities, continuing to support lending. They also argued that allowing affiliates to share rewards with stablecoin users ensures fair competition, especially for underbanked consumers who are underserved by traditional banks. At present, the average U.S. checking account…

Author: BitcoinEthereumNews
Tether Treasury Mints $1B USDT, Bitcoin and Ethereum Traders on Alert

Tether Treasury Mints $1B USDT, Bitcoin and Ethereum Traders on Alert

Tether minted $1 billion USDT, on-chain trackers report. Markets are watching whether the new supply moves to exchanges and sparks price action in BTC and ETH.

Author: Blockchainreporter
Wormhole Foundation Moves to Outbid LayerZero for Stargate

Wormhole Foundation Moves to Outbid LayerZero for Stargate

TLDR: Wormhole Foundation is preparing a counter-offer to LayerZero’s $110M Stargate bid, requesting a five-day vote suspension. LayerZero’s $110M deal values Stargate assets below treasury levels, sparking Wormhole’s challenge for a fairer process. Stargate processed $4B in July bridge volume, showing 10x yearly growth and underscoring its rising market position. Stargate DAO treasury holds $92M [...] The post Wormhole Foundation Moves to Outbid LayerZero for Stargate appeared first on Blockonomi.

Author: Blockonomi
UK mirrors US sanctions against Russian crypto networks

UK mirrors US sanctions against Russian crypto networks

The post UK mirrors US sanctions against Russian crypto networks appeared on BitcoinEthereumNews.com. The UK is following the US’s approach to sanction-evading crypto networks in Russia by enacting its own measures against crypto exchanges, stablecoins, and a Kyrgyzstan bank used to fund military goods.  The UK government announced its sanctions today, claiming that Russia is relying on “the Kyrgyz financial sector to channel money through opaque financial networks, including through the use of cryptocurrencies.” They also target the Grinex and Meer crypto exchanges, the Kyrgyzstan-based Capital Bank of Central Asia, CJSC Tengricoin, Old Vector LLC, and Altair Holding SA. Read more: Garantex reportedly tied to violent Russian debt gang and KGB successor Sanctioned individuals include the director of the A7A5 ruble-pegged stablecoin, Leoniid Shumakov, Zhanyshbek Uulu Nazarbek, and Capital Bank Director Kantemir Kaparbekovich Chalbayev.  The UK claims that A7A5, issued by the Kyrgyzstani firm Old Vector, was used to move $9.3 billion from Garantex to Grinex in order to evade Western sanctions. A7A5 was created for financial firms owned by the Moldovan oligarch Ilan Mironovic Shor and the sanctioned Russian bank Promsvyazbank Public Joint Stock Company. Ilan Mironovic Shor reportedly became a Russian citizen in Moscow after fleeing Moldova in 2019 following a conviction accusing him of carrying out $1 billion in bank fraud. The UK Sanctions Minister said, “If the Kremlin thinks they can hide their desperate attempts to soften the blow of our sanctions by laundering transactions through dodgy crypto networks — they are sorely mistaken.” Sanctions imposed before and after Ukraine-Russia peace talks The UK notes that the sanctions follow “redoubled efforts” from itself and international allies “to secure a just and lasting peace in Ukraine.”  US sanctions were imposed the day before President Donald Trump met with President Vladimir Putin to discuss what it would take to end the invasion of Ukraine.  Western allies have since met with Ukraine’s President…

Author: BitcoinEthereumNews
Coinbase Turns to Stablecoins in Race to Power AI Payments

Coinbase Turns to Stablecoins in Race to Power AI Payments

Hackathon participants built tools like chatbots charging cents per response and group-chat marketplaces that bypass banks entirely. The common thread […] The post Coinbase Turns to Stablecoins in Race to Power AI Payments appeared first on Coindoo.

Author: Coindoo
Fed Governor Waller says ‘there is nothing scary’ in payments using DeFi rails

Fed Governor Waller says ‘there is nothing scary’ in payments using DeFi rails

The post Fed Governor Waller says ‘there is nothing scary’ in payments using DeFi rails appeared on BitcoinEthereumNews.com. Federal Reserve Governor Christopher Waller declared that “there is nothing scary” about DeFi simply because it operates outside traditional banking infrastructure. Speaking at Wyoming Blockchain Symposium 2025, Waller framed blockchain-based transactions as a natural technological evolution rather than disruptive threats. He compared DeFi operations to conventional purchases, noting that buying crypto with stablecoins through smart contracts follows the same fundamental process as using debit cards at grocery stores. Waller noted: “There is nothing to be afraid of when thinking about using smart contracts, tokenization, or distributed ledgers in everyday transactions.” The Fed Governor positioned DeFi technologies as new tools for transferring assets and recording transactions, citing their functional similarity to established payment methods. Waller advocated for private sector-led innovation as the primary driver of payment system advancement, calling stablecoins the latest example of market-driven solutions. In addition, he credited stablecoin development with extending dollar accessibility globally, particularly in high-inflation countries lacking affordable banking services. Waller even highlighted stablecoins’ potential to “maintain and extend the role of the dollar internationally” while improving retail and cross-border payments through 24/7 availability and fast transferability. The speech follows the passage of the GENIUS Act, the first primary crypto legislation signed into law, which Waller called “an important step for the payment stablecoin market.” Reinforcing DeFi-friendly stance Waller’s Wyoming comments build on previous pro-innovation positions expressed throughout 2024.  Speaking at the Vienna Macroeconomics Workshop in October, the Fed Governor argued that DeFi would more likely complement traditional finance rather than replace it entirely. He acknowledged DeFi’s potential to streamline financial activities while maintaining that intermediaries serve valuable functions for most individuals. At The Clearing House Annual Conference in November 2024, Waller advocated for market-driven solutions in crypto and payments, emphasizing private sector benefits in fostering innovation through competition.  He argued that profit motivation and competition…

Author: BitcoinEthereumNews
Crypto groups warn banks’ proposals could hurt innovation

Crypto groups warn banks’ proposals could hurt innovation

The Crypto Council for Innovation and the Blockchain Association asked Congress to disapprove of the banking lobby’s proposals.

Author: Cryptopolitan