Stablecoin reserves are now comparable to some brokerage cash balances – but they still trail the trillions in customer deposits held by major banks. By Jack Caporal – Updated Jul 15, 2025 at ...

Stablecoin issuers with more than $10 billion in liabilities must now obtain a national trust bank charter. In response, Circle and Ripple have applied for US banking licences.

A stablecoin is a cryptocurrency whose value is tied to a traditional currency, another cryptocurrency, or a commodity. See the list and learn more about how stablecoins work.

For example, Circle’s stablecoin USDC the second-largest stablecoin by market cap in the world, briefly fell below its peg to the U.S. dollar, dropping as low as 87 cents on March 11, 2023 ...

Stablecoin attestation reports are prepared by independent accounting firms. For instance, Circle’s USDC attestation reports are conducted by Deloitte (as of April 13, 2025), a leading global ...

Since last year, banks have been falling over themselves to get involved in the stablecoin gold rush. Standard Chartered already made its first foray in February, while Bank of America's CEO Brian ...

Typically, that means a single stablecoin is worth $1, making them a much more reliable digital asset for commercial transactions than other forms of crypto. Stablecoin bill In summary: ...

Stablecoin flows to crypto exchanges reached a record monthly high, signaling increased investor interest in the market. The surge may position Bitcoin to reach the $100,000 milestone before the ...

Lawmakers designing stablecoin legislation must ensure that anti-money laundering measures don’t open the door to unfettered financial surveillance of stablecoin users, says Cato Institute’s ...

WASHINGTON — A group representing state legislatures is criticizing the Senate stablecoin bill championed by congressional Republicans, arguing that a provision added to the bill after it passed ...