FDIC to release guidance on stablecoins and deposits
FDIC is set to release guidance on tokenized deposits and stablecoins by 2025, amid rapid growth in real-world asset tokenization and stablecoin markets.
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JPMorgan starts rolling out JPM Coin, a deposit token, to institutional clients
In a move aimed at connecting traditional banking with blockchain technology, JPMorgan Chase & Co. has launched a blockchain-based deposit…
Elixir’s deUSD stablecoin collapses after Stream Finance’s loan default
Elixir’s synthetic stablecoin, deUSD, has lost nearly all its value after Stream Finance defaulted on a major loan. The default…
Ripple, Mastercard, WebBank, and Gemini partner for RLUSD stablecoin settlements
Ripple, Mastercard, WebBank, and Gemini have announced a collaboration to pilot RLUSD stablecoin settlements on the XRP Ledger. According to…
Tether and Circle lose grip as yield-focused stablecoins rise
The once-unshakable dominance of Tether and Circle in the stablecoin market is showing signs of decline. According to OnchainHQ’s Leon…
Stablecoin market could reach $1.9 trillion by 2030, says Citi
Citigroup has revised its projections for the stablecoin market. According to the Citi insights, they now estimates that stablecoin issuance…
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