HKDAP Stablecoin Completes First Ethereum Transfer Test
Anchorpoint Financial, OSL Group, and Futu-backed PantherTrade completed a transfer test of the HKD-pegged HKDAP on Ethereum mainnet, with phased issuance slated for end of Q2.
Stablecoin issuance, market share, depegs, and reserve backing across USDT, USDC, DAI, and other major stablecoins.
Anchorpoint Financial, OSL Group, and Futu-backed PantherTrade completed a transfer test of the HKD-pegged HKDAP on Ethereum mainnet, with phased issuance slated for end of Q2.
JPMorgan analysts have concluded that tokenized money market funds are unlikely to capture more than 15% of the broader…
A gold-backed stablecoin trading under the ticker $USDKG has entered Hong Kong's regulated crypto market through a…
JPMorgan's analysts see the structural gap widening, not closing — tokenized funds cap out near 10–15% of the stablecoin universe absent a securities-law rethink, leaving yield-bearing stables…
Coinbase's stablecoin-as-a-service play lands its first paying customer, putting the exchange in direct competition with Paxos, Stripe's Bridge, and Anchorage for branded token issuance.
Backed 1:1 by krona reserves and issued under MiCA as a regulated e-money token, SEKAU joins Euro- and Swiss franc-pegged siblings — and ships alongside an agentic-payments settlement layer for…
BNP Paribas, ING and UniCredit are among the founding members of an Amsterdam-based issuance consortium betting that a bank-issued euro stablecoin can take share from the $320B USD-led market.
The membership roster — ABN Amro, Intesa Sanpaolo, Rabobank, Spuerkeess alongside the original BNP Paribas and ING founders — is the structural story: a bank-led euro onchain settlement rail, not…
Deputy Governor Sarah Breeden framed the upcoming rules inside a broader UK tokenization push — interchangeable retail money spanning tokenized deposits, regulated stablecoins, and a potential retail…
The Bank of England has outlined its framework vision for integrating tokenization and regulated stablecoins into the…
The joint venture between DWS, Galaxy Digital, and Flow Traders is using euro-issuance traction as a springboard to a second G10 currency and to a rails layer for autonomous AI agents.
The consortium is building a MiCA-aligned euro stablecoin as a structural counterweight to USD-pegged rails — and lender count is the clearest signal of bank-side conviction.
A 200,000-share position is small for a $20B book, but Duan publicly dismissed stablecoins nine months ago — the reversal is the story, not the size.
Supply nearly tripled since 2021 to $771M — but dollar-pegged tokens still hold 99.76% of the market, and a self-reinforcing T-bill collateral flywheel keeps widening the gap.
Total stablecoin supply crossed $300B but net monthly growth is just $0.9B — the new money is concentrating inside USDT rather than expanding the broader market, a concentration risk the rest of the…
The U.S. government transferred assets seized from FTX and Alameda Research to Coinbase Prime roughly eight hours ago…
One of Europe's largest asset managers just called the two biggest dollar stablecoins hedge funds in disguise — and pointed at Tether's $23B gold pile and USDC's 13% depeg as the receipts.
Total supply is at a record high, yet net monthly growth is just 0.3% as USDT gains of $5B are offset by $4.2B in combined USDC, USDe, and PYUSD outflows.
Galaxy Ventures, Framework, and Al Mada anchor the round as Checker bets a single API can let banks and B2B payment firms skip the correspondent-banking stitchwork that still blocks stablecoin scale.
Japan will officially recognize foreign-issued crypto stablecoins as legal electronic payment methods beginning June 1…