The halt in new capital inflows into the cryptocurrency market and the growth in stablecoin supply turning negative are weakening expectations for a Bitcoin (BTC) price rally.
While the Bitcoin price…
The Bank for International Settlements (BIS) emphasized in its latest annual report that stablecoins resemble exchange-traded funds (ETFs) rather than a means of payment and pose significant foreign exchange risks…
Invesco, one of the world's largest asset management companies, has taken official steps to launch a new tokenized money market fund aimed at stablecoin issuers.
Known for its crypto-friendly approach, the…
As global interest in the stablecoin ecosystem weakens, a sharp 54% drop in Google searches is coinciding with a pause in supply growth.
Stablecoin assets, the liquidity source of the cryptocurrency…
Japanese financial giant SBI Group has launched JPYSC, the country's first trust bank-backed and yen-pegged stablecoin legally recognized as an electronic payment instrument.
Taking a revolutionary step in Japan's financial ecosystem,…
The Bank of England (BoE) has dropped the strict stablecoin limits it planned for individual wallets, instead setting a $50.6 billion cap on total supply.
As regulatory winds blow through the…
State Street, one of the world's largest asset managers, is solidifying its position in the digital asset ecosystem by announcing the launch of a new money market fund specifically designed…