Theme Stablecoin

While stablecoins worry many central banks, the ECB adopts a surprisingly measured tone. In its latest financial stability review published on November 20, it considers these assets to represent "only a limited risk" to the eurozone. A reassuring position, which the institution justifies by still marginal adoption and an already existing regulatory framework. However, behind this apparent calm, the ECB calls for vigilance given the rapid market evolution and emerging cross-border risks.

Crypto markets are showing signs of strain as several key measures of capital flow turn negative. Recent data points to a broad cooling of demand across Bitcoin ETFs, stablecoins, and corporate treasury activity. And as expected, this trend has raised concerns that the rally’s core drivers have stalled.

When tokens want to play treasury bonds, the BIS panics. Crypto-confidence or crypto-catastrophe? Finance views stablecoins as a Pandora's box ready to open.

Bitcoin as a global payment rail? For BlackRock, this is clearly not the core issue. For now, clients of the world’s largest asset manager mainly play the digital gold card, not the everyday currency one.

Aave announces a new savings app offering up to 9% APY, real-time interest tracking, and higher yields than traditional banks.

Tokenized gold hits $3.9B with gold-based tokens XAUT and PAXG leading the market while stablecoin supply continues to grow.

Aave Labs has taken a significant step toward regulated on-chain finance in Europe. The company has received authorization under the EU’s Markets in Crypto-Assets (MiCA) framework, allowing euro-to-stablecoin conversions at no cost. This places Aave among the first major DeFi projects cleared to offer compliant payment services across the European Economic Area.

As Beijing tightens the grip on stablecoins, Alibaba chooses another path: that of the deposit token backed by banks. This is not a technical detail, it is a full-scale test of the limits of the Chinese model: zero tolerance for private onshore stablecoins, but calculated openness for regulated tokens, useful for exports.

Cash App is preparing one of its biggest updates yet as parent company Block sets a timeline to add stablecoin operations to the platform. New tools for both Bitcoin and digital dollar payments are being prepared for rollout, with early 2026 cited as the target window. Essentially, Block is pushing to expand access to digital payments while keeping Bitcoin at the center of its ecosystem.

A muted end to 2025 may be laying the groundwork for a stronger crypto breakout in 2026. Bitwise chief investment officer Matt Hougan says the absence of a late-year rally strengthens his view that next year will bring the next major upswing for digital assets.

Visa is taking another major step in digital payments with a new pilot program that allows U.S. businesses to send stablecoin payouts directly to crypto wallets. Announced at the Web Summit in Lisbon, the initiative connects traditional bank accounts to blockchain-based transfers, aiming to speed up cross-border payments and support the expanding freelance economy.

Coinbase’s planned $2 billion acquisition of BVNK, a stablecoin infrastructure firm, has collapsed, ending what could have been one of the largest deals in crypto history. The decision, reached during the due diligence stage, was mutual, according to statements from both companies.

Brazil has taken a significant step toward bringing stablecoin activity under its traditional financial system. New regulations issued by the Banco Central do Brasil (BCB) grant stablecoin transactions the same legal treatment as foreign-exchange operations and subject crypto companies to a licensing regime similar to that of banks.

Institutional adoption of digital cash is gaining momentum, marking what BNY describes as a major structural shift in global finance. The bank projects that the combined market for stablecoins, tokenized deposits, and digital money-market funds (MMFs) could reach $3.6 trillion by 2030. Stablecoins are expected to account for about 41.6% of that total, with tokenized deposits and digital MMFs making up the remainder.

When crypto plays central banker, the Fed sweats under its suit. Stablecoins, hidden treasures, and plummeting rates: guess who really runs the world?

Stablecoins are becoming the preferred cryptocurrency for illicit transactions, outpacing Bitcoin and drawing increasing scrutiny from regulators.

What if the promise of financial inclusion hides a major systemic risk? Popular in crisis-hit countries, stablecoins have become the preferred tool for millions of citizens to escape hyperinflation. However, behind this massive adoption, a growing concern: by channeling savings towards the digital dollar, these assets could weaken the most vulnerable economies. As their usage explodes, a dilemma arises: are stablecoins a bulwark for the people or a silent threat to states?

Trump, crowned president of mental mining, dreams of a bitcoin empire while Beijing prepares its tokens... A crypto-crusade to follow between tweets, stablecoins, and the digital yuan under surveillance.

Is Bitcoin losing ground where it was supposed to triumph? Cathie Wood, CEO of ARK Invest and a leading figure in crypto investment, has just lowered her most ambitious target for BTC. The reason is the rise of stablecoins in emerging economies, where they are establishing themselves as a new store of value. A strong strategic adjustment that questions the real role Bitcoin will play against these dollar-backed alternatives.

The boundary between crypto and politics is becoming clearer. By now allowing the legal purchase of firearms with USDC, Circle brings the issue of financial neutrality to the forefront. This decision, praised by some and contested by others, reveals tensions between the promise of decentralization and institutional realities, while reigniting the debate on what crypto can or cannot allow within a legal framework.

Ripple’s US dollar–pegged stablecoin, RLUSD, has rapidly climbed the ranks to become one of the top ten stablecoins by market capitalization. Less than a year after its December 2024 launch, RLUSD has surpassed the $1 billion mark—a milestone that reflects growing confidence in Ripple’s expanding digital asset ecosystem.

Richard Teng, CEO of Binance, breaks the silence: facing rumors of collusion with Donald Trump’s USD1 stablecoin, he firmly denies them. Between presidential pardons and crypto stakes, this case reveals the behind-the-scenes of a tense sector. Is the truth finally unveiled?

Ethereum stablecoin activity hit $2.82 trillion in October, exceeding September’s volume with USDC leading the market.

Coinbase is pushing to expand its stablecoin business through a potential $2 billion acquisition of BVNK, reflecting growing interest in crypto payment systems.

Tether has just crossed a dizzying threshold: more than $10 billion in profit in just nine months. Behind this extraordinary figure lies the rise of a key player in the crypto ecosystem. Issuer of the USDT, the most used stablecoin in the world, Tether impresses as much as it raises questions. This record profitability, revealed in its latest attestation report, triggers as much enthusiasm as concerns, especially in terms of transparency and regulation.

The Basel Committee's rules on cryptocurrencies could change the game in 2026. Between bank adoption of stablecoins and crypto integration, a financial revolution is underway. Are banks ready to take the leap? The answer could change everything for your investments.

Visa is incorporating four stablecoins across four blockchains to enhance global payments and streamline transactions.

Mastercard is in late-stage negotiations to acquire stablecoin infrastructure provider Zerohash for an estimated $1.5 to $2 billion, according to a Fortune report citing five people familiar with the matter. The deal would position Mastercard among a growing number of global financial firms investing heavily in blockchain-based payment technology.