European Central Bank warns stablecoins pose financial risks and challenges to monetary policy

Chinese banks' shift to net borrowing may signal a gradual tightening of monetary policy, potentially impacting short-term debt yields. The post Chinese banks turn net borrowers of short-term funds, signaling liquidity glut is easing appeared first on Crypto Briefing.

The post Tether Sees Record $1.1 Billion Market Cap Drop appeared on BitcoinEthereumNews.com. The post Tether Sees Record $1.1 Billion Market Cap Drop appeared first on Coinpedia Fintech News Tether’s market capitalization fell by more than $1.1 billion in a single day, marking its largest recorded decline. The drop has sparked renewed debate about the role of stablecoins in providing liquidity to cryptocurrency markets. Some market observers argue that shrinking stablecoin supply could reduce trading activity and put pressure on digital asset prices, including … Source: https://coinpedia.org/crypto-live-news/tether-sees-record-1-1-billion-market-cap-drop/

Europe's reliance on dollar-pegged stablecoins could undermine its economic sovereignty, necessitating a robust euro-denominated alternative. The post Animoca Brands’ Yat Siu warns Europe about dollar dominance through stablecoins appeared first on Crypto Briefing.

The post Fed backs stablecoins as BoE says tokenized deposits may win in 5 years appeared on BitcoinEthereumNews.com. Federal Reserve Governor Christopher Waller defended stablecoins during a panel at the 32nd Dubrovnik Economics Conference, placing the tokens in the payments debate rather than the wider crypto risk debate. Summary Waller said stablecoins add payment competition and may extend monetary reach across dollar-linked global markets. Greene said tokenized deposits could overtake stablecoins within five years as banks defend deposit bases. Lummis warned CLARITY Act delays could push U.S. digital asset rules into a 2030 window. Waller said, “I’ve always just looked at stablecoins as a payment instrument; there’s nothing evil about it, nothing dangerous about it.” He added that stablecoins bring more competition into payments and can lower costs, as reported by Reuters. Greene says tokenized deposits may overtake stablecoins Bank of England policymaker Megan Greene gave a diffe

Fed’s Waller backed stablecoins as payment tools, while BoE’s Greene said tokenized deposits may overtake them within five years in banking.

The post Tokenized Equities, Stablecoins, and DeFi Surge appeared on BitcoinEthereumNews.com. Solana captured 97% of tokenized equities spot trading volume, hitting 200K onchain stock holders. SoFi launched the first stablecoin from a U.S. nationally chartered bank, SoFiUSD, on Solana. Mayan crossed 1M bridged wallets with $2.5B in stablecoins moved, reflecting strong network growth. Solana captured 97% of cumulative tokenized equities spot trading volume this week, marking a turning point for blockchain-based financial markets.  The figure came alongside a record high of over 200,000 onchain tokenized stock holders. Major financial institutions, fintech platforms, and decentralized protocols all expanded their presence on the network.  The week reflected broad momentum across payments, lending, and real-world asset infrastructure. Institutional Players Anchor Solana’s Growing Financial Ecosystem SoFi launched SoFiUSD on Solana, becoming the first U.S. nationally chartered bank to issu

The post PBOC sets USD/CNY reference rate at 6.8167 vs. 6.8176 previous appeared on BitcoinEthereumNews.com. On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8167 compared to Friday’s fix of 6.8176 and 6.7643 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also aims to implement financial reforms, such as opening and developing the financial market. The PBoC is owned by the state of the People’s Republic of China (PRC), so it is not considered an autonomous institution. The Chinese Communist Party (CCP) Committee Secretary, nominated by the Chairman of the State Council, has a key influence on the PBoC’s management and direction, not the governor. However, Mr. Pan Gongsheng currently holds both of these posts. Unlike the Western economies, the PBoC uses

Federal Reserve governor Christopher Waller told a conference on Sunday that stablecoins expand the reach of US policy while the Bank of England’s Megan Greene expects their popularity will soon fade.