The FDIC protects bank depositors, and through a mechanism called pass-through insurance, it can protect people who hold money through intermediaries. Stablecoin holders assumed they were next in line. The FDIC has now said, in a speech and a proposal, that they are not, and the reasons teach you exactly what a stablecoin is. Summary…
In one week, Bitcoin sat still through missile strikes in the Strait of Hormuz and then fell with Asian chip stocks. The war test and the tech test gave opposite answers about what Bitcoin is, and both answers are correct. Working out how is the most useful thing a holder can do right now. Summary…
In Bitcoin ETF news today, US-listed spot BTC ETFs recorded a second consecutive week of net inflows after nearly two months of capital flight, pulling in $75.7M last week and $197.4M the week before, a combined $273.1M that has snapped an outflow rout that had drained more than $8.2Bn from the 13 funds. The central…
Tether has faced renewed scrutiny over whether USDT can remain available on U.S. crypto platforms unless the stablecoin issuer meets the requirements of the GENIUS Act before its compliance window closes. Summary Tether could face restrictions on USDT in the United States if it does not meet GENIUS Act requirements before the 2028 compliance deadline….
Standard Chartered-backed Anchorpoint has prepared to launch its Hong Kong dollar stablecoin HKDAP, with a joint announcement expected before the end of July, according to local media. Summary Standard Chartered and Anchorpoint are expected to announce the launch of the Hong Kong dollar stablecoin HKDAP within the next two weeks, according to local media. HKDAP…
Allbridge Core has paused its cross-chain stablecoin protocol after a security incident on Solana that PeckShield estimated at about $1.65 million. Summary Allbridge paused Core after a Solana exploit drained about $1.65 million, according to PeckShield estimates. The attacker used a $1.12 million USDC flash loan to quickly distort stablecoin pool rates. Allbridge urged liquidity…
U.S. financial regulators have missed the GENIUS Act’s one-year deadline to complete key rules for the country’s federal stablecoin framework. Summary US regulators missed the GENIUS Act deadline with several major stablecoin rule packages still unfinished. Stablecoin issuers face a shorter preparation window before the federal framework takes effect next January. Customer identification and anti-money…
The United States is preparing to impose a 25% tariff on most Brazilian imports after naming the country’s Pix instant-payment system among trade practices it considers unfair. Summary Trump’s new tariff action names Pix as dollar stablecoins dominate Brazil’s fast-growing digital asset market. Pix serves Brazil’s domestic payments while stablecoins increasingly carry dollar value across…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Spreadefi faces scrutiny as users assess trust, transparency, and DeFi platform credibility. As the decentralized finance (DeFi) space has evolved, users have gotten a lot more careful about which platforms they trust with their…
Strategy introduced its Digital Credit Capital Framework, boosting its U.S. dollar reserve target to roughly $3 billion. American business intelligence firm Strategy has bolstered its financial position by addressing liquidity concerns raised earlier this year. In a July 14 follow-up, the on-chain analytics firm CryptoQuant said the company’s new capital framework has eased short-term…
