Stablecoins | Crypto

EthCC has showcased crypto’s breadth in Cannes. Robinhood’s 300-guest château event has added EU access to US stock tokens and new Ethereum and Solana staking, Stellar’s Stable House has examined stablecoin-based DeFi, and Binance has met Cannes’ mayor to promote crypto payments across the Riviera.   The post Ethereum and Beyond: EthCC Side Events Focus on Mainstream Adoption, Stablecoins and Beach Swag appeared first on Cryptonews.

The GENIUS act will cement stablecoins as the basis of the global crypto economy. Can Bitcoin reach it’s full potential if that happens? Theres been an unprecedented tailwind in Washington DC this year for stablecoins. From the embrace of the assets by politicians and the industry to the GENIUS stablecoin legislation passing the Senate, 2025 marks an important turning point. Treasury Secretary Scott Bessent even tasked stablecoins with nothing less important than ensuring the greenback remains the worlds number one currency. As President Trump has directed, we are going to keep the U.S. the dominant reserve currency in the world, and we will use stablecoins to do that,” he said at the Digital Assets Summit in March. Which is why its almost bizarre to realize that stablecoins a descendant of Bitcoin a decentralized currency designed to level the playing field in a world of rigged centralized banking systems and overzealous governments. Stablecoins and Bitcoin would seem to have two irreconcilable aims the form...

Stablecoins are now the “default settlement layer for the internet,” surpassing Visa and Mastercard in onchain transaction volume. Stablecoins have become the backbone of internet payments, with adoption now outpacing major traditional card networks in onchain volume, according to Noam Hurwitz, head of engineering at Alchemy. Hurwitz told Cointelegraph that stablecoins have seen “explosive” adoption, adding that they are “becoming the default settlement layer for the internet.” Companies like PayPal and Stripe are integrating stablecoins to leverage onchain infrastructure, enabling faster and cheaper transactions. “They’ve already surpassed Visa and Mastercard in onchain volume by 7%,” Hurwitz noted, signaling a decisive shift in how money moves online. Read more

Swiss digital asset infrastructure provider Taurus SA has announced “the first-ever private smart contract for stablecoins,” designed to boost the asset’s adoption for use cases like payroll, treasury, and intra-bank transfers. The post Taurus Launches the ‘First Private Smart Contract for Stablecoins’ appeared first on Cryptonews.

Proof of Talk 2025 has gathered thousands at the Louvre’s Musée des Arts Décoratifs, as speakers from Mastercard and a16z have assessed stablecoins’ payment utility, tokenized RWAs’ path to $30 trn and how crypto IPOs like Circle’s can mature the sector and attract institutional capital. The post Proof of Talk 2025: RWAs, Stablecoins and Crypto IPOs Demonstrate Sector Growth appeared first on Cryptonews.

Haun Ventures general partner Diogo Monica claims that stablecoins are safer than commercial bank deposits, but critics warn of transparency issues with issuers like Tether. Stablecoins may be safer than deposits held at commercial banks, according to Diogo Monica, general partner at Haun Ventures. Speaking during a panel discussion titled “Stablecoins: Programmable Money in a Digital World” at the Proof of Talk conference in Paris on June 10, Monica said that many stablecoins are backed by reserves held at globally systemically important banks (G-SIBs) or in short-term US Treasury bills, which he views as more secure than commercial bank deposits. “It’s actually much better than having a dollar in a commercial bank,” Monica said. Read more

Stablecoins can streamline collateral management systems in TradFi, but financial institutions may need more straightforward regulatory guidelines for adoption. Cryptocurrencies and stablecoins are gaining recognition in the traditional finance (TradFi) space for their ability to streamline payments and increase efficiency in existing financial systems In finance, collateral management refers to the process of managing the underlying collateral securing other financial transactions, such as loans or derivatives, to mitigate credit risks and ensure smooth transactions. Digital assets like stablecoins are the “perfect” financial instrument for real-time collateral management, according to a recent pilot by DTCC Digital Assets, which suggests that digital assets, particularly stablecoins, could modernize and simplify this critical function. Read more

Stablecoins are increasingly becoming strategic assets, and support dollar dominance, the report said.

Stablecoins are gaining renewed momentum, as major banks and payment giants enter the market, but questions remain about their stability, regulatory oversight and the risks posed by centralization and fraud. Opinion by: Merav Ozair, PhD Lately, stablecoins are everywhere — this time around, headed by “traditional” financial institutions. Bank of America and Standard Chartered are considering launching their own stablecoin, joining JPMorgan, which launched its stablecoin, JPM Coin — rebranded as Kinexys Digital Payments — to facilitate transactions with their institutional clients on their blockchain platform, Kinexys (formerly Onyx).  Mastercard plans to bring stablecoins to the mainstream, joining Bleap Finance, a crypto startup. The aim is to enable stablecoins to be spent directly onchain — without conversions or intermediaries — seamlessly integrating blockchain assets with Mastercard’s global payment rails.  Read more