Stablecoins

Stablecoins are digital assets pegged to a stable reserve, such as the US Dollar or Gold, to minimize price volatility. Serving as the primary medium of exchange in Web3, tokens like USDT, USDC, and PYUSD facilitate global payments and DeFi liquidity. In 2026, the focus has shifted toward yield-bearing stablecoins and compliant stablecoin frameworks under global regulations like MiCA. This tag covers the intersection of traditional finance (TradFi) and crypto through stable on-chain liquidity solutions.

23115 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
South Korea's central bank governor expresses caution about won stablecoins

South Korea's central bank governor expresses caution about won stablecoins

PANews reported on June 18 that according to the Korea Economic Daily, Lee Chang-yong, governor of the Bank of Korea, expressed a cautious stance on the introduction of a won-based

Author: PANews
Why Is Crypto Down Today? – June 18, 2025

Why Is Crypto Down Today? – June 18, 2025

The crypto market is down again today. Just two of the top 100 coins have recorded increases over the past 24 hours. Moreover, the cryptocurrency market capitalization has decreased by another 3.9% to $3.38 trillion. The total crypto trading volume is at $112 billion, similar to the levels seen yesterday. TLDR: The crypto market continues decreasing amid massive geopolitical shifts; Bitcoin fell below the $105,000 level, now trading at $104,971; Ethereum fell from the daily high to the intraday low of $2,464, recuperating since; Canada approved the first XRP ETF in North America; ”Stablecoins are actively becoming a foundational component of the global financial system”; US spot BTC ETFs recorded $216.48 million in inflow, spot ETH ETFs took in $11.09 million; The dip is likely to be affected by the US Federal Reserve meeting and the US involvement in Israel’s attack on Iran. Crypto Winners & Losers All top 10 coins per market cap are down today. Bitcoin (BTC) fell by 1.6% and below the $105,000 level, now trading at $104,971. Also, Ethereum (ETH) has decreased by 2%, changing hands at $2,530 at the time of writing. XRP (XRP) saw the highest decrease in this category of 3.6% to the price of $2.15. It’s followed by Solana (SOL)’s 3.5% to $147. The smallest drop is 1.1% by Tron (TRX) , which currently changes hands at $0.2742. Moreover, only two of the top 100 coins have increased today. Kaia (KAIA) is up 6.1% to $0.1644, while Nexo (NEXO) appreciated 0.6% to $1.23. At the same time, Sky (SKY) recorded the highest decrease today, falling 8.8% to the price of $0.08404. Speaking of XRP, Canada approved the first exchange-traded fund (ETF) for this asset in North America, called the Purpose XRP ETF (XRPP) . Additionally, the Evolve XRP ETF (XRP) will start trading on 18 June as well. June 18th. TSX. Get ready. Announcing the Purpose XRP ETF, offering regulated, direct exposure to spot #XRP , the native token powering fast, low-cost cross-border payments ⚡️ 🔗 Fund page: https://t.co/CfCEdbOUEp 🔗 Press release: https://t.co/8v1FPkXSdU … pic.twitter.com/uzNgZyRpC3 — Purpose Investments (@PurposeInvest) June 16, 2025 ‘Stablecoins are a Foundational Component of Global Financial System’ The US Senate finally passed the long-awaited GENIUS Act on Tuesday. This is the first time the Senate has advanced a regulatory framework specifically for stablecoins. Now, the bill moves to the House of Representatives for a vote. The U.S. Senate has passed the GENIUS Act — landmark stablecoin legislation that provides regulatory clarity, enhances consumer protection, and extends U.S. dollar dominance online. Thanks to President Trump for his leadership on crypto & @SenatorHagerty for authoring the bill. — David Sacks (@davidsacks47) June 17, 2025 Liat Shetret, Vice President of Global Policy and Regulation at blockchain analytics firm Elliptic , commented that the US approving its first major stablecoin-focused federal legislation is “a pivotal step in shaping the country’s digital asset future and addressing oversight of the rapidly growing digital asset ecosystem.” Shetret further argued that, “Stablecoins are actively becoming a foundational component of the global financial system. By advancing the GENIUS legislation and similar bills, the Senate is recognizing its role in providing financial stability and protecting consumers—shaping legislation to secure the nation’s interests by moving this bill forward.” Lawmakers from the two major parties have engaged in months-long negotiations and have “worked to strengthen the bill.” They’ve addressed critical concerns around anti-money laundering, national security, and systemic risk, Shetret says. He added that “it’s clear that robust consumer protections and market integrity safeguards were central to driving approval, and the GENIUS Act benefited from strong nonpartisan support.” Why is Crypto Down Today: Levels & Events to Watch Next At the time of writing, BTC trades at $104,971. This is down from the intraday high of $106,795. The coin failed to reach the $107,000 level, or to hold the $106,000 and $105,000 levels. As it broke the support of $106,196, the next one to watch is $104,633. It’s currently far from the ATH of $111,814, but another rally would bring it close to it, if not above. Moreover, Bitcoin may see short-term losses of 10%-20%, should the US enter Israel’s war against Iran, TradingView noted . Investors tend to seek safe havens during conflicts. Bitcoin Price Chart. Source: TradingView At the same time, Ethereum is currently trading at $2,530. At one point, the price plunged from the intraday high of $2,584 to the intraday low of $2,464. It has recovered since, now attempting to retake that daily high again. Meanwhile, the crypto market sentiment is now the lowest it’s been in days. The Fear and Greed Index dropped from 54 yesterday to 48 today . It’s still within the neutral area, but fear is moving in. Should it fall further, it may signal buying opportunities. Source: CoinMarketCap Moreover, on Tuesday, US BTC spot exchange-traded funds (ETFs) saw another day of net inflows, for the 7 th consecutive day, with $216.48 million . Of this amount, BlackRock is responsible for $639.19 million, while the others saw outflows, bringing the daily total down. Source: SoSoValue US ETH spot ETFs also recorded net inflows of $11.09 million on Tuesday. Grayscale took in $36.71 million, and Bitwise $3.62 million. The cumulative total net inflow is $3.89 billion. Source: SoSoValue Investors in all markets are currently focused on two major geopolitical and macroeconomic events. On the one side, investors are reacting to Iran’s attack on Iran, but are also monitoring the US’s growing involvement in the war – which is bound to affect markets across the board. The other element is today’s US Federal Reserve’s decision on interest rates. Tomorrow at 2:30 p.m. ET: Chair Powell hosts live #FOMC press conference: https://t.co/fXt6ew8I9A pic.twitter.com/OPKhd6eRKt — Federal Reserve (@federalreserve) June 17, 2025 Quick FAQ Why did crypto move with stocks today? Both the crypto and the stock markets decreased over the last day. The S&P 500 went down by 0.84%, the Nasdaq-100 decreased by 1%, and the Dow Jones Industrial Average fell by 0.7%. The stock market may have recovered from the initial Israel’s attack on Iran, but now it’s focused on the US involvement in this war. Is this dip sustainable? Given the current shaky geopolitical and macroeconomic stages, the dip may continue over the short term. Though another rally is not out of the question, fueled by regulatory developments, additional decreases are possible.

Author: CryptoNews
OpenPayd and Circle announce partnership to integrate stablecoins with fiat currencies

OpenPayd and Circle announce partnership to integrate stablecoins with fiat currencies

PANews reported on June 18 that according to The Fintech Times, financial infrastructure provider OpenPayd has reached a cooperation with Circle. OpenPayd will use the infrastructure of Circle Wallets to

Author: PANews
Latin American energy giant Feniix Energy closes $75 million oil and gas deal via blockchain tokenization

Latin American energy giant Feniix Energy closes $75 million oil and gas deal via blockchain tokenization

PANews reported on June 18 that according to CryptoSlate, Latin American energy company Feniix Energy has completed a $75 million acquisition of producing oil and gas assets through blockchain tokenization.

Author: PANews
In-depth analysis of the GENIUS Act: What are the key impacts on the stablecoin market?

In-depth analysis of the GENIUS Act: What are the key impacts on the stablecoin market?

Today (June 17, local time) American history has ushered in an important development - the U.S. Senate passed the GENIUS Act . The bill will establish a clear federal regulatory

Author: PANews
Zhou Xiaochuan: US dollar stablecoin may boost dollarization

Zhou Xiaochuan: US dollar stablecoin may boost dollarization

PANews reported on June 18 that Zhou Xiaochuan, former governor of the People's Bank of China, said at the 2025 Lujiazui Forum that the US dollar stablecoin may have an

Author: PANews
JPMorgan to pilot JPMD deposit token on Base blockchain

JPMorgan to pilot JPMD deposit token on Base blockchain

JPMorgan is set to test a new digital deposit token, JPMD, on Coinbase’s Base blockchain, a move that expands the bank’s blockchain footprint beyond internal systems. As reported by Bloomberg on June 17, the pilot will see a fixed amount…

Author: Crypto.news
JD.com to support stablecoin shopping by launching its own HKD-backed stablecoins

JD.com to support stablecoin shopping by launching its own HKD-backed stablecoins

Hong Kong-based e-commerce firm JD.com plans to issue its own stablecoin backed by the Hong Kong dollar by the end of 2025 and potentially support other stablecoins. In an interview with Bloomberg Businessweek, the e-CEO of JD CoinChain Technology Liu…

Author: Crypto.news
Senate Crypto Bill Passed: The US GENIUS Act Just Changed Everything For Stablecoins

Senate Crypto Bill Passed: The US GENIUS Act Just Changed Everything For Stablecoins

After months of posturing, standoffs, and closed-door edits, the Senate crypto bill passed, AKA the GENIUS Act. It is the first real attempt at regulatory framework targeting stablecoins. The final vote came in at 68 to 30, a rare show of bipartisan muscle in a chamber better known lately for doing nothing. For crypto, it’s.. The post Senate Crypto Bill Passed: The US GENIUS Act Just Changed Everything For Stablecoins appeared first on 99Bitcoins .

Author: 99Bitcoins
Exclusive interview with JD.com CoinChain CEO: It is expected to obtain a license and launch a stable currency in early Q4. Bitcoin was first purchased in 2011

Exclusive interview with JD.com CoinChain CEO: It is expected to obtain a license and launch a stable currency in early Q4. Bitcoin was first purchased in 2011

Written by Yin Chen; Edited by Deng Yongyun Source: Bloomberg Businessweek In 2011, Liu Peng, who was working on the WeChat Pay team at the time, bought his first Bitcoin.

Author: PANews