Banks are cautiously approaching stablecoins, with only 7% developing frameworks, amid concerns over deposit risks and competition. The stablecoin market exceeds $316 billion, driven by trading and cross-border flows. #Update #Crypto $USDT
JPMorgan CEO Jamie Dimon emphasizes the need for the bank to develop its own blockchain technology to address emerging threats from cryptocurrencies. #Update #Blockchain
@Circle is facing criticism after the $285 million Drift hack, as $71 million in USDC was stolen and moved using its cross-chain protocol, raising questions about its response to illicit activity. #Breaking #Crypto $USDC (-8) ↘
@Qivalis warns Europe risks losing financial sovereignty to the U.S. dollar without a euro stablecoin, targeting a launch in 2024 backed by 12 major banks. #Update #Crypto $USDT $USDC
Ripple CEO Brad Garlinghouse highlights a $13 trillion opportunity for $XRP and stablecoins in blockchain payments, emphasizing crypto’s role in transforming global finance. #Update #Crypto $XRP
@StraitsX reports a 40x surge in card transaction volume and an 83-fold increase in issued cards between Q4 2024 and Q4 2025, highlighting rapid growth in Southeast Asia’s stablecoin card market. #Update #Crypto $XSGD
Veteran Bitcoin evangelist Davinci Jeremie blames the Trump family, not Binance, for the October 10, 2025 crypto crash, citing long-term wealth strategies. #Update #Crypto $BTC
@Mastercard acquires BVNK for $1.8 billion, the largest stablecoin infrastructure deal, enhancing its compliance across 130 jurisdictions to modernize cross-border payments and reduce remittance fees. #Update #Crypto $USDC
Tether has engaged a “Big Four” auditing firm for its first full financial audit, addressing long-standing concerns about the backing of its $USDT stablecoin. #Update #Crypto $USDT
Financial institutions prioritize security certifications for tokenization partners, with 97% requiring ISO and SOC II standards, highlighting trust’s role in institutional crypto finance. #Update #Crypto
@Mastercard is acquiring stablecoin infrastructure firm BVNK for $1.8 billion, signaling stablecoins’ integration into global payments and positioning Mastercard for future growth in digital asset transactions. #Update #Crypto $USDC
Brazil’s fintech groups warn that extending the financial transaction tax to stablecoins could hinder innovation and violate legal frameworks, representing over 850 companies in the sector. #Update #Legal $USDT $USDC
Stablecoins like $USDC are seen as essential for agentic finance, enabling micro-transactions by AI agents, despite skepticism from some AI developers. Regulatory clarity in the U.S. is anticipated to enhance adoption. #Update #Crypto $USDC
Circle’s $USDC surpasses $USDT in transaction volumes for the first time since 2019, prompting Mizuho to raise its price target to $120. #Update #Crypto $USDC
