Tag: Stablecoin

US Lawmakers Propose Stablecoin Tax Break, Staking Reward Deferral

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US lawmakers have introduced a discussion draft that would ease the tax burden on everyday crypto users by exempting small stablecoin transactions from capital gains taxes and offering a new deferral option for staking and mining rewards. The proposal, introduced by Representatives Max Miller of Ohio and Steven Horsford of Nevada, seeks to amend the Internal Revenue Code to reflect the growing use of digital assets in payments. The draft is set “to eliminate low-value gain recognition arising from routine consumer payment use of regulated payment stablecoins,” per the draft.…

Blockchain Association Rejects Proposal To Widen Stablecoin Yield Restrictions

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Blockchain Association led a broad industry push this week, asking Senate Banking leaders to resist efforts that would widen a ban on stablecoin yields beyond what Congress wrote into law. According to the association, the letter was signed by more than 125 crypto and fintech groups and companies and was sent to lawmakers to warn against reinterpreting the new rules in a way that would also bar exchanges and apps from offering rewards tied to stablecoin…

Blockchain Association says no to expanding stablecoin yield prohibition

Expanding the stablecoin yield prohibition to include the application layer is an anti-competitive practice, industry advocacy groups say. The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and platforms offering customer rewards to stablecoin holders. Expanding the prohibition on stablecoin issuers sharing yield directly with customers, outlined in the GENIUS stablecoin regulatory framework, to include third-party service providers stifles innovation and leads to “greater market…

FDIC’s GENIUS Act Stablecoin Plan Leads a Week of Crypto Business Moves

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Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed framework for how insured banks, via subsidiaries, could seek approval to issue payment stablecoins under the GENIUS Act, a move that could reshape who gets to mint digital dollars and under what rules. That same push toward institutionalization is also evident elsewhere in the crypto business landscape. Despite Bitcoin’s (BTC) lackluster performance, corporate treasuries are…

Malaysia’s Royal Stablecoin and Asia’s Shift to Tokenized Money

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Key takeaways RMJDT is a ringgit stablecoin pitched for payments and cross-border trade. Its treasury and validator setup is designed to make onchain settlement function like reliable infrastructure. Across Asia, stablecoins are being brought under licensing and reserve and redemption rules. Tokenized assets are increasing demand for tokenized settlement in local currencies, not just USD. RMJDT is being pitched as a ringgit-pegged token tied to Johor’s Crown Prince. It was launched by his company, Bullish Aim, and issued on Zetrix, a network connected to Malaysia’s national blockchain infrastructure. The token…

Historic: Brazil’s B3 Stock Exchange to Issue a Stablecoin Next Year

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The new stablecoin is designed to enhance liquidity across diverse market segments, encompassing both tokenized and traditional financial offerings. B3 authorities indicated that the tokenized product could potentially serve as an alternative to drex, Brazil’s CBDC, which has recently been scaled back in its initial implementation. Brazil’s Stock Exchange Prepared to Launch Own Stablecoin The […] Source

Brazilian Stock Exchange to Launch Tokenization Platform and Stablecoin

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Brazilian stock exchange B3 announced a move deepening its ties to digital assets through the launch of a tokenization platform and stablecoin for settlements, starting in 2026. In a Tuesday notice to investors, B3’s vice president of products and clients, Luiz Masagão, said the exchange plans to launch a tokenization platform for traditional assets, starting with stock market offerings. He added that B3 would also issue its own stablecoin as “a tool to enable trading in tokens.” “The great value of having this tokenization platform connected to the traditional ecosystem…

Circle Partners Intuit to Bring Stablecoin Services to Credit Karma, Turbotax, Quickbooks

Key Notes Partnership aims to transform refunds, remittances, savings and payments using blockchain infrastructure instead of traditional systems. Intuit shares climbed over two percent following the announcement, reflecting positive investor sentiment toward crypto integration. Circle strengthens its market position as second-largest stablecoin provider through this strategic alliance with major fintech company. Financial services firm Intuit recently announced that it has entered a multi-year, strategic partnership with stablecoin provider Circle. Under the terms of the agreement, Intuit will leverage Circle’s USDC token and stablecoin infrastructure throughout its platform, which includes products…

Stablecoin Monthly Adjusted Volume Surpasses Visa and PayPal

Key Notes Stablecoin monthly transaction volume reached $1.5 trillion by October 2025. Total stablecoin supply has grown to more than $304 billion this year. Regulatory clarity in the US is accelerating adoption. Stablecoins are now processing more adjusted volume each month than major payment networks such as Visa and PayPal, according to Delphi Digital. The firm described stablecoins as “the most important infrastructure story in crypto” due to rapid growth in usage and supply. Notably, by October, monthly adjusted stablecoin transaction volume climbed to $1.5 trillion. For comparison, Visa and…

Bitcoin bulls test B3’s tokenized RWA and stablecoin bet

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Brazil’s B3 plans RWA tokenization, a BRL stablecoin and Bitcoin, ETH, SOL options to link digital assets with the country’s stock market infrastructure. Summary B3 will launch a tokenization platform for real-world assets, starting with tokenized equities integrated into its existing exchange infrastructure.​ The exchange plans a real-pegged stablecoin for on-chain clearing and settlement, alongside proposed weekly BTC, ETH, and SOL options pending CVM approval.​ The move follows Brazil’s narrowed Drex pilot, positioning B3’s blockchain rails as an extension of the traditional market rather than a separate crypto venue. Brazil’s…