Tag: Stablecoin

Stablecoin Yield Fight Nears Resolution as Tillis, Alsobrooks Finalize Draft Language – Regulation Bitcoin News

boss

Key Takeaways: Sen. Thom Tillis plans to release revised CLARITY Act draft language this week, targeting a Senate Banking Committee markup in late April 2026. The proposed Tillis-Alsobrooks framework bans passive stablecoin yield but permits activity-based rewards, splitting a dispute between banks and Coinbase. Prediction markets give the CLARITY Act a 59% chance of passage in 2026, down from 82% earlier this year, as unresolved DeFi and ethics provisions remain. Tillis Targets Late April Markup for CLARITY Act After Stablecoin Yield Deal in Principle According to a report from Politico…

Banks Criticize White House Report Favoring Stablecoin Yield

boss

The American Bankers Association (ABA) has criticized a White House report that claimed banning stablecoin yields would only have a negligible impact on banks, arguing that the conclusion was reached by asking the “wrong question.” The White House’s Council of Economic Advisers claimed in a research paper on Wednesday, on the “Effects of Stablecoin Yield Prohibition on Bank Lending,” that under a baseline scenario, banning stablecoin yield may only increase bank lending by $2.1 billion, representing a marginal net increase of about 0.02%. ABA chief economist Sayee Srinivasan and vice…

Aave Labs Secures $25M Stablecoin Grant as DAO Formalizes Revenue Control Model – Bitcoin News

boss

Key Takeaways: Aave DAO passed AIP 469 on April 12, 2026, granting Aave Labs $25M in stablecoins and 75,000 AAVE tokens. The “Aave Will Win” framework directs 100% of protocol and product revenue to the DAO treasury, ending prior disputes. Stani Kulechov targets $1T+ TVL via Aave V4, consumer apps, and RWA expansion under the newly approved structure. Aave Votes Yes on $25M Stablecoin and 75,000 AAVE Token Grant for Aave Labs The proposal, AIP 469, cleared with 522,780 AAVE tokens cast in favor, representing roughly 74.89% of participating votes.…

American Bankers Association Warns White House Is Underestimating Stablecoin Yield Risks to Lending and Deposit Stability – Featured Bitcoin News

boss

Key Takeaways: American Bankers Association warns stablecoin growth to $2 trillion could drive deposit outflows. White House study finds a 0.02% lending lift, signaling minimal near-term impact. Community banks could face up to $8.7 billion in lending decline in some states as stablecoin adoption expands. Stablecoin Yield Debate Raises Banking Risks Yield-bearing stablecoins are emerging as a direct threat to traditional banking models, creating a policy deadlock over financial stability and innovation. The American Bankers Association (ABA) challenged a White House-backed study by the Council of Economic Advisers (CEA) on…

White House Study Finds Stablecoin Yield Ban Barely Moves Lending Needle Despite Policy Focus – Regulation Bitcoin News

boss

Key Takeaways: White House analysis finds stablecoin yield ban lifts lending by only 0.02%, indicating limited real-world impact. Analysis shows only about 12% of reserves could be constrained under full-reserve treatment, limiting lending effects. Council of Economic Advisers finds yield ban welfare gains require implausible assumptions to turn positive. White House Analysis Challenges Stablecoin Deposit Outflow Concerns A White House economic report is reshaping how policymakers assess stablecoin regulation and its impact on banking liquidity. The Council of Economic Advisers, part of the Executive Office of the President, released an…

Europe’s Stablecoin Adoption Enters Execution as Firms Select Partners

boss

Banks and corporates across Europe are moving beyond exploration and are now actively selecting infrastructure partners to support stablecoin adoption, according to Lamine Brahimi, co-founder and managing partner at crypto custody technology provider Taurus. Brahimi told Cointelegraph that eighteen months ago, most conversations were still educational, focused on understanding stablecoins and their risks. Today, firms with board-level approval are preparing to go live. He said the introduction of Markets in Crypto-Assets Regulation (MiCA) has accelerated that transition by replacing fragmented national rules with a single regulatory regime. “In the past…

Stablecoin Market Cap Hits All-Time High of $318.6B, Eyes $320 Billion Milestone – Crypto News Bitcoin News

boss

Key Takeaways: The stablecoin market hit an all-time high of $318.6B, needing just $1.4B to reach $320B. USDC gained $1.27B in seven days while Ethena’s USDe has fallen 60.61% since October 2025. Blackrock’s BUIDL posted the week’s top gain at 5.29%, signaling rising institutional demand. Stablecoin Sector Just $1.4 Billion Away From $320 Billion Milestone Figures compiled by defillama.com show the stablecoin economy expanded by 0.43% over the past week. At $318.605 billion, the sector needs just $1.395 billion more, or 0.438%, to reach the $320 billion milestone. Tether (…

White House Weighs Stablecoin Policy as CLARITY Act Looms

The White House Council of Economic Advisers released a formal analysis on Tuesday, concluding that allowing stablecoin issuers to pay investors a yield on their holdings would produce only marginal displacement of bank lending, directly contradicting warnings from the banking industry that have stalled the CLARITY Act in the Senate Banking Committee since January 2026. The report, published April 9, 2026, quantifies the banking sector’s claimed exposure as dramatically overstated, projecting that permitting stablecoin yield would increase bank lending by just $2.1Bn, approximately 0.02% of total loans outstanding, rather than…

Hong Kong Grants First Stablecoin Licences to HSBC, Standard Chartered Consortium – Crypto News Bitcoin News

boss

Key Takeaways HKMA granted 2 licences to HSBC and a Standard Chartered-led group, advancing Hong Kong crypto plans. New rules require $3 million (HK$25 million) capital and 1-day redemption, boosting trust but limiting yields. HSBC plans HKD stablecoin in H2 2026, targeting payments and cross-border finance growth. New Stablecoin Licences Advance Crypto Push for Hong Kong Hong Kong has granted its first stablecoin issuer licences to HSBC and a consortium led by Standard Chartered. This marks a key milestone in the city’s push to establish itself as a global center…

Hong Kong Issues First Stablecoin Issuer Licenses

boss

Update April 10, 2026, 10 am UTC: This article has been updated to add more details from the announcement. Hong Kong has granted its first stablecoin issuer licenses, approving Anchorpoint Financial and the Hongkong and Shanghai Banking Corporation under a new regulatory framework overseen by the Hong Kong Monetary Authority (HKMA).  The HKMA announced the initial batch of licensees on Friday, marking the first approvals under its stablecoin regime.  Anchorpoint Financial is the stablecoin joint venture formed by Standard Chartered Bank (Hong Kong), Animoca Brands and Hong Kong Telecommunications. The…