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Stablecoins Could Drain Trillions From Bank Deposits: Bank of America Flags $6T Risk That Could Redefine Lending

Stablecoin growth could siphon trillions from U.S. banks, shrinking lending capacity and raising borrowing costs, as Bank of America warns lawmakers that digital dollars may quietly reshape credit markets and…

Continue ReadingStablecoins Could Drain Trillions From Bank Deposits: Bank of America Flags $6T Risk That Could Redefine Lending

Citrea Launches USD Stablecoin for Bitcoin Liquidity Issued by Moonpay, Powered by M0

Citrea introduces Citrea USD (ctUSD), a 1:1 USD stablecoin issued by Moonpay and powered by M0 for bitcoin liquidity. Citrea announced the launch of Citrea USD (ctUSD), a U.S. dollar–denominated…

Continue ReadingCitrea Launches USD Stablecoin for Bitcoin Liquidity Issued by Moonpay, Powered by M0

Polygon Labs Snaps up Coinme and Sequence to Build US-Regulated Crypto Payments Stack

Polygon Labs has acquired U.S.-based crypto firms Coinme and Sequence in a deal valued at more than $250 million, signaling a sharp pivot toward regulated onchain payments infrastructure. Polygon Labs…

Continue ReadingPolygon Labs Snaps up Coinme and Sequence to Build US-Regulated Crypto Payments Stack

Franklin Templeton Positions Two Money Market Funds for Tokenized Finance Under GENIUS Act

Franklin Templeton has repositioned two institutional money market funds managed by Western Asset Management to support stablecoin reserves under the GENIUS Act and to operate across blockchain-enabled distribution platforms, signaling…

Continue ReadingFranklin Templeton Positions Two Money Market Funds for Tokenized Finance Under GENIUS Act