StablecoinsBIS: Dollar Stablecoins Pose Risks for Banks
BIS general manager warned that USDT and USDC behave like ETFs and could force sales of government debt in a stress scenario.
StablecoinsBIS general manager warned that USDT and USDC behave like ETFs and could force sales of government debt in a stress scenario.
StablecoinsFrance's finance minister endorsed Qivalis, a euro stablecoin by ING and UniCredit. Launch H2 2026, MiCA-compliant, targeting the $186B USDT market.
RegulationPoland's parliament again failed to override the presidential veto on crypto regulation. The country remains the only EU state without MiCA implementation.
StablecoinsCircle launched USDC Bridge, a native cross-chain USDC transfer tool built on CCTP. Supports 17 EVM blockchains with automatic gas and real-time status.
DeFiTether funds a $150M recovery program for Drift Protocol after a $280M hack, as Drift switches from USDC to USDT and Circle faces criticism.
RegulationPakistan's State Bank allowed banks to open accounts for licensed crypto firms under Virtual Assets Act 2026, ending an 8-year prohibition dating back to 2018.
StablecoinsTether launched tether.wallet on April 14 - a self-custodial app for USDT, Bitcoin and gold-backed XAUT with email-style addresses and cloud key backup.
StablecoinsING, BBVA, BNP Paribas and Societe Generale launch stablecoins under MiCA. USDC in the EU up 109% in six months. Chainalysis projects $719 trillion by 2035.
MarketsWLFI token hit an all-time low of $0.077, down 83% from its peak. World Liberty deposited 5B own tokens as DeFi collateral and borrowed $75M in stablecoins.