InstitutionalJPMorgan Brings JPM Coin to Ethereum for Institutional Clients
JPMorgan is extending its JPM Coin deposit token to Ethereum. Only approved institutional clients can use it for payments and settlement.
InstitutionalJPMorgan is extending its JPM Coin deposit token to Ethereum. Only approved institutional clients can use it for payments and settlement.
StablecoinsCircle broke down USDC revenue: $819M of $1.4B went to partners and transactions, leaving 7 cents of profit per dollar.
StablecoinsA BIS paper finds a 1 basis point rise in bank deposit rates cuts ten-week stablecoin growth from about 15% to 12%.
RegulationA federal judge denied the joint motion by Gemini and the CFTC to undo a $5 million settlement. The ban on misleading statements to the regulator stays.
InstitutionalDeutsche Bank is launching Bitcoin, Ethereum and stablecoin custody in Germany and plans to expand to Asia in 2027.
StablecoinsCircle plans to enter about 40 countries in Asia, Africa and Latin America. What it means for USDC and USDT market share.
InstitutionalMSCI adopted rules for non-operating companies. Strategy, Metaplanet and Upexi are at risk, with the final list due November 11.
StablecoinsMastercard unveiled Global Money Platform built on BVNK: fiat and stablecoins in one account, cards and payouts through a single API.
StablecoinsThe stablecoin market stalled at $309 billion, so the bank moved its $2 trillion forecast to 2030. Turnover still grows, with different leaders per segment.