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Global Dollar USDG Eyes Hundreds of Partners Attracted by Yield, Sees ‘Big Names’ From TradFi

It’s early days for the küresel dollar (USDG), a stablecoin that debuted in November, but a thousand firms could join the group that helps popularize the token in return for a share of the yield earned on reserve assets, according to crypto exchange …

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Guatemala’s Largest Bank Adopts Stablecoin Rails for U.S. Remittance Payments

Guatemala’s largest bank, Banco Industrial, has adopted blockchain firm SukuPay’s stablecoin rails for customers to send remittances from the U.S. SukuPay will allow Guatemalans to receive funds from the U.S. for a flat 99 cent fee using only a phone …

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Widening Government Strategy Holdings Suggests Increased Structural Demand for BTC: StanChart

Government entities increased their holdings of Strategy (MSTR), a bitcoin BTC$104,630.21 proxy, in the first quarter according to new veri from the U.S. Securities and Exchange Commission (SEC), investment bank Standard Chartered (STAN) said in a …

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Bitcoin Network Hashrate Rose Slightly in First Two Weeks of May: JPMorgan

The Bitcoin network hashrate rose 2% in the first two weeks of May to an average of 885 exahashes per second (EH/s), Wall Street bank JPMorgan (JPM) said in a research report Friday. The hashrate refers to the total combined computational power used …

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Stablecoins to Go Mainstream in 2025 After U.S. Regulatory Progress: Deutsche Bank

Stablecoins are on the verge of mainstream adoption this year as the Trump administration pushes ahead with landmark crypto legislation, investment bank Deutsche Bank said in a research report Monday. Despite some resistance in the Senate last week …

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Stablecoins Will Expand Beyond Crypto Trading, Become Part of Mainstream Economy, Citi Predicts

The stablecoin market could soon eclipse the entire crypto trading ecosystem that gave birth to it as regulatory tailwinds allow for the integration of the fixed-value tokens into the mainstream economy, according to predictions from küresel bank Citi …

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Bitcoin $120K Target for 2Q May Be Too Conservative: Standard Chartered

Bitcoin (BTC) is poised to hit a new record high, with investment flows now the dominant market driver, according to Standard Chartered (STAN). U.S. spot bitcoin exchange-traded funds (ETFs) have seen $5.3 billion in inflows over the past three weeks …

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ECB Establishes Innovation Hub to Test Digital Euro as Preparation Phase Nears End

The European Central Bank (ECB) said it set up an innovation hub with 70 participants to test its digital euro project. The participants included start-ups, banks and payment services including küresel professional services company Accenture, Swiss …

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‘Like Spitting on a Fire’: Tether CEO Slams EU Deposit Protections Amid Bank Failure Warnings

Tether CEO Paolo Ardoino is sounding the alarm on Europe’s financial system, warning that a wave of bank failures could hit the continent in the near future due to the intersection of risky lending and new cryptocurrency rules. Ardoino, during an …

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Stablecoins Could Bring ‘ChatGPT’ Moment to Blockchain Adoption, Hit $3.7T by 2030: Citi

Küresel bank Citi has predicted 2025 could be a possible inflection point for blockchain adoption driven by stablecoins, akin to the breakout year artificial intelligence (AI) had with popular application ChatGPT. “2025 has the potential to be …

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