Stablecoins

A growing number of cryptocurrency companies are preparing to enter the U.S. banking system, propelled by a policy shift under President Donald Trump aimed at integrating digital assets into mainstream finance. What Happened: Firms like Circle (CRYPTO: USDC) and BitGo are planning to apply for bank...

A forthcoming U.S. regulatory framework is expected to supercharge the stablecoin market, pushing its total value from $230 billion today to $2 trillion by the end of 2028. According to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered, the growth will generate $1.6 trillion...

Chris Dixon, managing partner at venture firm a16z crypto, says blockchain-based stablecoins are transforming the global payments landscape in the same way WhatsApp upended costly international phone calls. What Happened: In a blog post published on Thursday, Dixon outlines how stablecoins are...

In response to the rising influence of U.S. dollar-pegged cryptocurrencies, a Chinese Communist Party-backed publication called on China to accelerate its stablecoin development and expand the international currency status of the Chinese Yuan. What Happened: An op-ed published in Study Times...

A Coinbase Global Inc. (NASDAQ:COIN) analyst views the stock as a balanced risk/reward opportunity for investors and long-term growth winner in the cryptocurrency sector. The Coinbase Analyst: Goldman Sachs analyst James Yaro gave Coinbase a Neutral rating and a $195 price target. Analyst Will...

Spruce Point Capital Management has announced a new short position against Remitly Global Inc (NASDAQ:RELY) as the short seller believes there’s reason to be skeptical of the company’s financial reporting and valuation. What To Know: Spruce Point targeted Remitly Global in a new bearish...

Many cryptocurrencies soared to new all-time highs after Donald Trump won the 2024 presidential election. With 2025 underway and Trump in the White House, Benzinga recently asked readers which cryptocurrencies they are buying. What Happened: Trump recently announced plans for a strategic crypto...

Stripe just pulled off a massive growth spurt, and the payments giants should be paying attention. According to JPMorgan analyst Tien-tsin Huang, the private fintech powerhouse processed a staggering $1.4 trillion in volume last year, a 38% year-over-year jump that left competitors in the dust....

Bank of America Corp. (NYSE:BAC) CEO Brian Moynihan has signaled the financial services industry’s imminent entry into the crypto economy, highlighting the potential for stablecoins to become a significant part of the banking landscape. What Happened: In an interview with David Rubenstein at...

Barstool Sports founder Dave Portnoy shared on a recent stream that he owns millions of dollars in Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP), which comes after he recently interviewed Bitcoin bull Michael Saylor. What Happened: The price of the XRP token from Ripple has been soaring, and price...

Stablecoins are emerging as transformative tools in global financial systems, offering faster settlements and reduced costs. However, before widespread adoption, the technology faces regulatory, infrastructure, and institutional challenges. That was the consensus among speakers at the Benzinga...

As financial systems grapple with inefficiencies, stablecoins emerge as a transformative force in global finance. During a discussion led by Paul McCaffery at the recent Benzinga Future of Digital Assets conference, panelists explored how these digital currencies reshape payment systems and force...

StraitsX is the creator of XSGD, the first Singapore Dollar stablecoin globally, and XIDR, the Indonesian Rupiah stablecoin. As a Major Payment Institution in Singapore, StraitsX empowers users to manage payments seamlessly and integrate their accounts with digital asset platforms. Benzinga...

Two of the world's largest financial institutions, Citi and Société Générale, are making strides in blockchain technology and unveiling new initiatives that could reshape traditional banking processes. During a recent panel at Benzinga's Future of Digital Assets event, Citi’s Ioana Niculcea...

With expectations of a more pro-crypto U.S. Congress, potential regulatory changes could impact digital assets in 2025. Ian Horne, head of content at Money20/20's Amsterdam show, shared his views on the topic ahead of his upcoming appearance at the Benzinga Future of Digital Assets event. Political...