BNY Gives Institutions Power to Mint and Burn USDC Directly From Custody

Binance stablecoin netflow turns negative while Bitcoin’s Stock-to-Flow reversion hits 1.1, signaling possible extreme undervaluation ahead. BTC price analysis. Stablecoins were supposed to be sitting on Binance, ready. That picture is changing. Netflow data for ERC-20 stablecoins on Binance has flipped negative across several recent sessions, according to CryptoQuant’s latest QuickTake analysis. The current reading […] The post Bitcoin’s Stablecoin Liquidity Is Draining and a Key Model Flashes Extreme Undervaluation appeared first on Live Bitcoin News.

JPMorgan's support for the crypto bill highlights the tension between fostering digital asset growth and safeguarding traditional banking interests. The post JPMorgan warns stablecoin rewards could create shadow banking risks appeared first on Crypto Briefing.

BNY has added USDC minting, redemption, custody and transfer services to its Digital Asset Custody platform, giving institutional clients direct access to Circle’s stablecoin through the bank. According to BNY, the update allows clients to turn U.S. dollars into USDC…

Institutional investors reportedly reduced Bitcoin and Ethereum ETF exposure while XRP and HYPE wrappers continued to attract inflows.

India’s USDT premium exceeded 8.5% as stablecoin supply tightened after ED action. Reduced USDT inflows widened the gap between local crypto and forex market prices. Parliament’s July 2 crypto talks may shape future stablecoin liquidity and regulation. India’s USDT market has recorded an unusually sharp price premium after regulatory action disrupted domestic stablecoin supply. The […] The post India’s USDT Premium Surges Above 8.5% After Regulatory Crackdown appeared first on Live Bitcoin News.

US spot Bitcoin ETFs reportedly recorded $4.06 billion in monthly outflows as institutional investors reduced BTC exposure.

BNY, the world's largest custodian bank with $59.4 trillion in assets under custody, has made USDC the first stablecoin on its Digital Asset Custody platform, enabling institutional clients to store, transfer, mint, and redeem Circle's dollar-pegged token alongside traditional assets.

Coinbase's AI integration could revolutionize finance by automating transactions, potentially increasing USDC demand and reshaping e-commerce. The post Coinbase launches Coinbase for Agents to connect AI agents with user accounts appeared first on Crypto Briefing.