Stablecoins
Institutional

Federal Reserve Moves to Close Stablecoin Loopholes With New Customer ID Rules

Bitcoin Magazine Federal Reserve Moves to Close Stablecoin Loopholes With New Customer ID Rules The Federal Reserve proposed requiring stablecoin issuers to verify customer identities…
Markets

Strategy’s STRC Preferred Stock Sinks to Around $89, Roughly 11% Below Par

Strategy’s STRC preferred stock fell to around $89, roughly 11% below its $100 par, near record lows, as investors rotate toward higher-yielding rivals like Strive’s…
DeFi

Zama, Morpho and Steakhouse Open First Confidential USDC Yield Vault on Ethereum

Zama, Morpho and Steakhouse open the first DeFi yield vault for Confidential USDC on June 23, routing encrypted cUSDC into Steakhouse Prime v2 on Morpho…
Institutional

Fed Signals Possible Rate Hikes as Kevin Warsh Opens ‘New Chapter’ at Central Bank

Bitcoin Magazine Fed Signals Possible Rate Hikes as Kevin Warsh Opens ‘New Chapter’ at Central Bank The Federal Reserve kept rates unchanged but signaled potential…
Infrastructure

Trace Finance raises $32M for cross-border stablecoin settlement expansion

The raise comes as stablecoin regulation advances globally and financial firms invest in infrastructure connecting blockchain payments with traditional banking systems. Read Full Story at…
Payments

Ready USDC card halts non-EEA service after issuer change, users report

Users reported losing access to Ready’s USDC card outside the EEA after a card provider change triggered rapid deactivation notices. Read Full Story at Cointelegraph.com…
AI

Coinbase Enters the Tokenized Stock Race With 1:1-Backed Onchain Shares as Part of a Sweeping ‘Everything Exchange’ Push

Coinbase unveiled tokenized US stocks backed one-for-one with automatic dividends, alongside options trading, pre-IPO and thematic perpetual futures, an SEC-registered AI advisor, and a USDC-backed…
Institutional

Senators urge Treasury ensure state authority in GENIUS application

A bipartisan group of US senators told the Treasury that its application of stablecoin laws should be done in a way that “preserves and promotes…
DeFi

Solstice’s Ryan Day on why sustainable DeFi yield depends on business fundamentals, not token incentives

Crypto yield has always carried a credibility problem. The same market that learned to demand proof after incentive-heavy protocols unwound still tends to compress risk…
Institutional

U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process

Senators led by Republican Cynthia Lummis are insisting the Treasury Department ensure states get a process to prove their ability to supervise stablecoins. Read Full…