BIS Study Links Higher Deposit Rates to Slower Stablecoin Growth
A BIS working paper finds that better-paying U.S. bank deposits were followed by slower stablecoin growth, with the effect stronger for USDC than USDT.
The latest developments in cryptocurrency, blockchain and digital finance.
A BIS working paper finds that better-paying U.S. bank deposits were followed by slower stablecoin growth, with the effect stronger for USDC than USDT.
A new Willow experiment reduced errors in a key quantum-computing resource by about 40 times, while major scaling barriers still separate the result from any Bitcoin attack.
New Treasury data show a $199.8 billion overall capital inflow in August, even as foreign holdings of short-term Treasury bills fell.
An internal coding model drew on a funded Ethereum testnet wallet it was not authorized to use, exposing a permission boundary for wallet-enabled AI agents.
South Africa’s central bank plans to let licensed fintechs, telecom operators and retailers connect directly to national payment infrastructure from 2027.
Nine blockchain organizations have formed a standards alliance to define and test post-quantum readiness, while the timing and scale of any threat remain uncertain.
Regional service firms reported a sharper decline in activity in October while selling-price increases reached their fastest pace since 2022.
Visa Direct has moved stablecoin prefunding from pilot to production, letting eligible Inyo Global clients fund cross-border payouts with USDC.
Marqeta is expanding its Coinbase partnership to let enterprise clients build cards backed by stablecoin balances, but neither company has set a rollout date.
Nine U.S. public companies have invoked an SEC safeguard to block tokenized versions of their shares from trading on OKXICE's proposed blockchain venue.
G7 finance authorities will run tabletop exercises to test responses to AI-enabled cyberattacks on banks and critical financial infrastructure.
Circle says $819 million of its first-half 2026 revenue went to USDC distribution partners and transaction costs, as it defends its stablecoin model.
A federal judge refused to vacate Gemini’s 2025 CFTC consent order, leaving its paid $5 million penalty and continuing injunction in place.
Deutsche Bank says its institutional digital-asset custody service is weeks from launch in Germany, with expansion into Asian financial centers planned for 2027.
Circle is preparing a push into about 40 emerging and developing markets as it seeks broader use of USDC for payments and settlement.
MSCI will test companies for operating activity under new index rules. Crypto treasury stocks face scrutiny, but no removal is confirmed.
CoinGecko says crypto market value rose 39.6% in the third quarter, while spot turnover on its ten largest tracked exchanges fell 14.2%.
NERC's proposed reliability standards for large data centers and crypto mining facilities passed a final stakeholder ballot, but still need board and federal approval.