David Hoffman, co-founder of Bankless, confirmed he offered his whole remaining Ether place the prior Thursday and disclosed the transfer publicly on Could 27. Hoffman characterised Ethereum as “a giver, not a taker,” arguing layer-2 networks and roughly US$163 billion in stablecoins on Ethereum now take up a lot ofContinue Reading
A Sydney buyer reportedly accomplished Australia’s first retail stablecoin cost on Base utilizing the Australian dollar-backed token AUDD. The cost settled virtually immediately on-chain with out counting on banks, card networks or standard cost processors. The transaction highlighted Australia’s current stablecoin licensing framework and rising curiosity in blockchain-based retail funds.Continue Reading
Keyrock stated stablecoin rails may assist trillions in fee quantity by decade’s finish as AI brokers start making on-line purchases. Visa, Stripe, Google and Coinbase are constructing infrastructure for agent-initiated and machine-to-machine commerce. Present agent-payment exercise stays small, with USDC dominating early crypto-settled transactions. AI brokers are starting to payContinue Reading
JPMorgan says tokenised cash market funds are rising however stay unlikely to significantly problem stablecoins with out regulatory reform. Analysts argue stablecoins proceed to dominate crypto markets as a result of they’re simpler to make use of throughout buying and selling, funds and liquidity administration. The financial institution believes securitiesContinue Reading
Qivalis has expanded its euro stablecoin consortium to 37 banks as European lenders speed up efforts to construct regulated digital fee infrastructure. The mission goals to supply a MiCA-compliant different to dominant US greenback stablecoins backed by companies equivalent to Tether and Circle. Regardless of rising business assist, the ECBContinue Reading
Circle reported US$694 million in Q1 income and reserve earnings, up 20% from a yr earlier. The corporate agreed to promote 740 million ARC tokens at US$0.30 every, elevating about US$222 million. USDC onchain transaction quantity reached US$21.5 trillion in Q1, up 263% yr over yr. Circle, the stablecoin largeContinue Reading
DoorDash and Meta are piloting stablecoin payouts, signalling a shift past buying and selling into real-world fee infrastructure. The use case centres on simplifying world disbursements fairly than simply decreasing prices or settlement occasions. Hougan argues these programs might onboard tens of millions of customers and drive stablecoins towards large-scaleContinue Reading
A brand new draft imaginative and prescient from Australia’s funds leaders suggests account-to-account methods could must evolve to help stablecoins and tokenised fiat as digital belongings achieve traction. The report highlights interoperability, automation, and safety as key priorities in enabling seamless motion between conventional financial institution cash and tokenised kindsContinue Reading
Visa has expanded its stablecoin pilot to 9 blockchains, including networks like Polygon, Base and Canton. The programme has reached a US$7 billion (AU$9.8 billion) annualised run fee, rising 50% quarter-on-quarter. The initiative checks whether or not stablecoins can enhance settlement velocity, availability and cross-border effectivity. Visa has expanded itsContinue Reading
Moody’s analyst Abhi Srivastava said stablecoin disruption risk to banks remains limited at the current adoption stage. DefiLlama data showed stablecoin market capitalisation at US$315.8 billion, with USDT dominance at 58.29%. Moody’s warned longer-term growth in stablecoins and tokenised assets could pressure deposits and bank lending. Moody’s said stablecoins haveContinue Reading
