How stablecoins are quietly becoming the Fed’s debt buyer of last resort

[ad_1] Circle president Heath Tarbert told Congress on Sept. 2 that placing digital-dollar infrastructure under US rules could reinforce the network effects that support the currency’s global role. The testimony framed stablecoin... Read more »

As Ethereum turns 11 years old it hosts $148B in stablecoins, but daily mainnet revenue just fell to $330k

[ad_1] Ethereum turned 11 on July 30, the anniversary of the day users generated and loaded the Frontier genesis block in 2015. In its first decade, the network survived the DAO crisis,... Read more »

Compromised owner contract just let hackers print 5.2 million WEMIX stablecoins out of thin air, forcing a complete network freeze

[ad_1] The WEMIX team said compromised ownership of a contract tied to its WEMIX$ stablecoin enabled approximately 5.23 million tokens to be minted without authorization, prompting it to suspend bridges, liquidity pools,... Read more »

Samsung Wallet is getting native stablecoins

[ad_1] Some crypto investors raised an eyebrow this week when Samsung, in its official Galaxy Unpacked recap, said updates to Wallet “will also support stablecoins” and described the plan as native stablecoin... Read more »

Hong Kong builds a gold and yuan network that sidesteps dollar stablecoins

[ad_1] Stablecoins won over users by making money easier to move, long before the financial world agreed on what they meant. That helps explain the scale of USDT and USDC: they never had to... Read more »

Ethereum is losing ownership of crypto payments as Base moves $565B in stablecoins

[ad_1] Stablecoin activity is becoming a contest over which blockchains move the most tokenized dollars. Visa Onchain Analytics showed that the adjusted stablecoin transaction volume reached about $1.79 trillion in June, surpassing... Read more »

US starts clock to bring in ID checks for converting dollars to stablecoins but DeFi stays outside the rules

[ad_1] US regulators have started the compliance clock for stablecoin issuers, with a proposed customer-identification rule that would make direct minting, redemption, and account relationships look more like bank onboarding. The bigger... Read more »

British pound stablecoins capped to $53B ceiling as Bank of England sets out stablecoin rules

[ad_1] The Bank of England has removed the biggest usability objection from its sterling stablecoin plan, but it has kept a ceiling on how large any single systemic pound token can become.... Read more »

South Africa Rules out Foreign Stablecoins as Payment Tools to Curb Dollarization

[ad_1] Key Takeaways On June 2, 2026, the SARB and FSCA declared that crypto assets and stablecoins are not legal tender.Wider adoption of crypto could risk NPS disruption and system stability, per... Read more »

Congress proposes removal of widely used Bitcoin tax loophole and giving it to regulated stablecoins

[ad_1] Congress has introduced the Digital Asset PARITY Act, a bipartisan discussion draft introduced by Reps. Steven Horsford and Max Miller, who would rewrite Section 1091 to cover “specified assets.” The category... Read more »