BoE Considers Easing UK Stablecoin Caps After Industry Backlash

The post Coinbase Becomes Hyperliquid’s Official USDC Treasury Deployer, Increases HYPE Position appeared on BitcoinEthereumNews.com. Crypto exchange Coinbase has expanded its support for Hyperliquid, becoming the perp DEX’s official USDC treasury deployer. The exchange has also acquired the rights to the DEX’s native stablecoin USDH, which it revealed will sunset over time. Coinbase Expands Support For Hyperliquid With USDC Treasury Role In an X post, the crypto exchange announced that it is now Hyperliquid’s official treasury deployer of USDC as an Aligned Quote Asset (AQA). “Onchain markets operate 24/7 and require collateral that is always available, instantly transferable, and deeply liquid – USDC delivers exactly that,” the exchange said. Coinbase noted that USDC has been the leading stablecoin on the crypto leverage trading platform since its launch in 2023 and has seen rapid growth within the ecosystem. This move is expected to further solidify the stablecoin’s position as the

The post Coinbase Wins USDC Treasury Deployer Seat on Hyperliquid, Circle Handles Cross-Chain Infrastructure – Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways Coinbase takes the treasury deployer role for USDC on Hyperliquid, where supply has grown to roughly $5 billion, up 2x year-over-year. The AQAv2 framework ends fragmentation between USDC and USDH, redirecting reserve yield back to the Hyperliquid protocol for HYPE holders. Native Markets’ USDH will sunset over coming months, with feeless USDC conversions available to users through the USDH Dashboard. Coinbase Becomes USDC Treasury Deployer on Hyperliquid as Native Stablecoin USDH Winds Down Announced Thursday, the arrangement places Coinbase at the center of USDC’s reserve management on Hyperliquid, with Circle handling the technical side through its Cross-Chain Transfer Protocol. The agreement also gives Coinbase the right to purchase the brand assets of USDH, the native stablecoin issued by Native Markets that l

The post Bank of England ready to water down ‘overly conservative’ stablecoin proposals: FT appeared on BitcoinEthereumNews.com. The Bank of England (BOE) is set to ease proposed restrictions on stablecoin holdings following pressure from digital asset industry participants, the Financial Times (FT) reported on Thursday. Sarah Breeden, deputy governor for financial stability, said the central bank’s initial plans to restrict individuals to owning up to 20,000 pounds ($27,000) per coin may have been “overly conservative,” according to the FT. The BOE is “looking very hard at whether there are different ways we can manage what we think is an important risk as stablecoins come into play,” Breeden said in an interview. Stablecoins are cryptocurrencies pegged to the value of a traditional financial asset, usually a fiat currency, mostly the U.S. dollar. They have been at the forefront of the development of mainstream digital asset adoption, helped by the establishment of formal regulatory r

The post Bank of England Softens ‘Overly Conservative’ Stablecoin Plans Amid Industry Pressure appeared on BitcoinEthereumNews.com. In brief The Bank of England is reportedly reconsidering parts of its stablecoin plan. A 40% reserve floor could cost issuers £11.2 million per £1 billion in circulation. Observers say the bank’s shift could point to a move toward a more workable regime. The Bank of England is reconsidering key parts of its proposed stablecoin rules, softening its push after industry pushback over planned limits on holdings and reserve requirements. Sarah Breeden, the Bank of England’s deputy governor for financial stability, told the Financial Times on Thursday that officials were weighing other approaches to containing stablecoin-related risks as the sector grows. “It was based on experience of potential liquidity stress,” Breeden said. “But we will look hard to see if we have been overly conservative in our thinking there.” Breeden noted the reserve proposal was based o

The post EUR/GBP Price Forecast: Cross remains capped below Key SMAs despite tentative rebound appeared on BitcoinEthereumNews.com. EUR/GBP trades choppy on Thursday, with the British Pound (GBP) modestly outperforming the Euro (EUR) on the back of resilient UK economic data, while traders also assess growing political noise in the United Kingdom. At the time of writing, the cross is trading around 0.8659 after touching an intraday high of 0.8668 earlier in the day. The UK economy expanded by 1.1% YoY in the first quarter of 2026, accelerating from 1.0% in the previous quarter and beating market expectations of 0.8%, according to preliminary estimates. On a monthly basis, UK GDP rose 0.3% in March, defying forecasts for a 0.2% contraction, though growth slowed slightly from February’s 0.4% expansion. However, the GBP is struggling to build on gains from the stronger UK economic data as political uncertainty weighs on sentiment. Speculation over potential leadership challenges to Prime

Coinbase is stepping in as the official treasury deployer for USDC on Hyperliquid under a new framework called AQAv2, ending a fragmented stablecoin setup on one of decentralized finance’s most active perpetuals platforms. Coinbase Becomes USDC Treasury Deployer on Hyperliquid as Native Stablecoin USDH Winds Down Announced Thursday, the arrangement places Coinbase at the center […]

The post Moody’s Flags Tokenization Tipping Point as BoE Treats Stablecoins as Money, KDDI Takes 14.9% Coincheck Stake appeared on BitcoinEthereumNews.com. Crypto News The TRUMP token slipped roughly 5% in early Thursday trading after Trump Mobile confirmed that its long-delayed T1 handset will finally begin shipping next week, ending months of speculation over the politically branded device. The handset, which industry observers say closely resembles a re-skinned HTC U24 from 2024, undergoes final assembly in the United States despite originating overseas. As a Mobile Virtual Network Operator, Trump Mobile does not manufacture devices in-house, mirroring the approach Solana took with its Saga phone. With the altcoin now down nearly 90% from launch, traders appear to be treating the shipment update as routine merchandise news rather than a meaningful catalyst. Major US banks and financial market intermediaries view the transition to a digitized financial system as inevitable, with most

Insider Brief UK robotics startup Humanoid has announced a deployment and supply agreement with Schaeffler to bring humanoid robots into live manufacturing operations. According to Humanoid, the agreement calls for phased deployment of Humanoid’s wheeled humanoid robots across Schaeffler facilities, with the first systems expected to begin operating at plants in Germany before the end […]