Crypto Briefing·
The tokenized deposit network could redefine banking by merging crypto's speed with traditional security, challenging stablecoin dominance. The post JPMorgan, Citi plan tokenized deposit network launch next year appeared first on Crypto Briefing.
Read full articleA recent report by Oobit disclosed that in almost all Latam markets, most stablecoin transactions were completed using USDT, which acts as the de facto dollar proxy in the region. In addition, the company highlighted that the region’s use of stablecoins was akin to cash. Oobit Highlights Tether’s Domain Of Latam’s Stablecoin Markets USDT, in […]
The planned network aims to connect traditional banking rails with blockchain infrastructure for around-the-clock settlement capabilities.
Brad Sherman has criticized proposals to distribute government payments through stablecoins, warning during a congressional hearing that such a system could support tax evasion while lawmakers simultaneously advance several new crypto tax proposals. According to remarks delivered during a House…
The integration of USDC on Base by Modern Treasury could accelerate stablecoin adoption in enterprise payments, bridging crypto and traditional finance. The post Modern Treasury adds USDC on Base to bridge stablecoin payments with traditional banking rails appeared first on Crypto Briefing.
The defense against political pressure highlights the tension between regulatory independence and political influence, impacting stablecoin market dynamics. The post OCC chief Jonathan Gould defends against political pressure over World Liberty Financial bank charter appeared first on Crypto Briefing.
Strategy’s Bitcoin sale challenged the “never sell” narrative, while JPMorgan attacked CLARITY and Capital B pursued a huge fundraising plan for BTC.
JPMorgan, Citi, Bank of America, Wells Fargo, and more than a dozen peers have announced a joint initiative to put commercial bank deposits onchain, operated by The Clearing House and targeting a first-half 2027 launch.
The U.S. House Ways and Means Committee has released seven crypto tax discussion drafts that would introduce new rules for decentralized finance lending, stablecoin payments, staking rewards, and other digital asset transactions ahead of a June 9 congressional hearing. According…
