Reuters: China Prepares Plan for Renminbi Expansion via Stablecoins
TL;DR Policy Shift: China plans yuan-pegged stablecoins to boost the renminbi’s global role, reversing its 2021 crypto ban. Key Hurdles: Capital controls and low global payment
stablecoin (Latest Publications)
World Liberty Financial Expands USD1 Supply Amid Stablecoin Policy Shift
TL;DR World Liberty Financial, the Trump-linked DeFi platform, minted $205 million in USD1 stablecoins, pushing its total supply to $2.4 billion. The move follows supportive remarks
MetaMask Just Launched Its Own Stablecoin mUSD With Stripe
TL;DR Launch: MetaMask introduces mUSD, a Stripe‑issued, dollar‑backed stablecoin debuting on Ethereum and Linea with full ecosystem integration. Utility: Planned use in MetaMask’s Mastercard debit card
Goldman Sachs Predicts Stablecoin ‘Gold Rush’
TL;DR Goldman Sachs and the U.S. Treasury Secretary foresee strong growth in the stablecoin market, driven by new regulations and their potential in payments. USDC could
Crypto Lobbying Groups Oppose Wall Street’s Efforts to Amend Stablecoin Law
TL;DR Crypto industry organizations are resisting Wall Street attempts to modify the GENIUS Act, warning that repealing Section 16(d) would favor traditional banks. They highlight that
Avalanche Is Exploding: $300M RWA Push, Toyota Blockchain Move, and a Wave of Stablecoins
TL;DR RWA Initiative: Avalanche commits $300 million to tokenizing real-world assets, aiming to attract institutional adoption through efficient, transparent on-chain solutions. Corporate Adoption: Toyota explores Avalanche-based tools
Tether Appoints Former Trump Digital Asset Council Head as U.S. Advisor
TL;DR Tether appointed Bo Hines, former head of Trump’s presidential crypto council, as strategic advisor for its U.S. expansion. Hines played a role in the first
Crypto Payments Firm Mesh Secures New Capital From PayPal, Coinbase, and Others
TL;DR Mesh raised capital from PayPal Ventures, Coinbase Ventures, and others; total funding now exceeds $130 million, with part of the latest round settled in PYUSD.
Banks are Afraid of Stablecoins: Groups Call for Tighter Rules Under GENIUS Act
TL;DR US banking groups are urging Congress to close a loophole in the GENIUS Act that allows stablecoin issuers to offer yields through affiliates, warning it
Coinbase Relaunches Stablecoin Bootstrap Fund to Supercharge DeFi Liquidity
TL;DR Coinbase is relaunching the Stablecoin Bootstrap Fund; CBAM will deploy USDC and EURC on Aave, Morpho, Kamino, and Jupiter to increase liquidity. The program resumes
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