Thailand’s central bank brought USDT under scrutiny as stablecoin use grows and authorities tighten controls on grey money flows.
The GENIUS Act banned issuer-paid yield, but the Senate markup fight is whether exchanges can keep routing rewards around that restriction, and the answer could decide who controls $6 billion in annual incentives. Senate Banking is scheduled to consider the CLARITY Act on Jan. 15, and the legislative fight has narrowed to a single question […]
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Sequence offers smart wallet routing for "1-click" cross-network transfers, while Coinme has secured U.S. money-transmitter licenses.
The U.K. clearing bank has selected Taurus' wallet infrastructure as it expands into digital assets and stablecoin-based payments.
Iran's currency, the rial, has collapsed to around 1 million per US dollar, a record that spotlights how quickly savings can be wiped out when trust in money breaks. The currency lost nearly half its value across 2025, with official inflation reaching 42.5% in December. Recent protests erupting in Tehran's Grand Bazaar, triggered by the […]
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US Securities and Exchange Commission Chair Paul Atkins is confident that a long-awaited crypto market structure bill could find its way into US President Donald Trump’s office for signature before the end of the year. The SEC chief highlighted ongoing efforts during an interview with Fox Business to clarify rules around digital asset trading and said the bill could provide much-needed guidance to investors and trading platforms. Related Reading: Crypto Products Post $454M Weekly Outflows On Fed Jitters Atkins Expresses Confidence Atkins, who was confirmed by the Senate in April 2025 in a 52-44 vote, said tokenization and faster settlement systems are part of the next phase for US markets. He argued that a market structure law would give firms and investors clearer signals about which rules apply to trading in digital assets. Reports have disclosed that the chair sees the bill as fitting the administration’s push to make the US more competitive in crypto. This is a big week for crypto – Congress is on the cusp of upgrading our financial markets for the 21st century. I am wholly supportive of Congress providing clarity on the jurisdictional split between the SEC and the @CFTC. pic.twitter.com/NtDWRW85kL — Paul Atkins (@SECPaulSAtkins) January 12, 2026 Atkins discussed the regulatory forecast for crypto this year during an interview with Fox Business. Source: Paul Atkins Lawmakers’ Calendar And Odds Based on reports from financial analysts, the path to passage is not guaranteed. One market note put the chance of the bill clearing Congress in 2026 at roughly 50-60%, and warned that delays could push final action into 2027. Other analysts have suggested a longer road, saying implementation of final market structure rules might not be settled for years if political dynamics change. What Is Being Negotiated The draft measures under discussion aim to define which federal agency supervises different types of digital instruments, establish standards for trading venues that list tokens, and create clearer reporting rules for market participants. Reports have disclosed that committee markups are expected before any Senate floor vote, and those sessions will shape the bill’s final text. Industry Reaction, Market Talk The optimism expressed by Atkins has been welcomed by industry associations, as they see that clear guidance could lead to more institutional capital flowing into the onshore crypto trading space. On the other hand, the sentiment from many companies is that there is still a level of caution surrounding future regulations. Although regulators continue to show a level of agreement regarding overall regulation, the details of custody, custody provider(s), and oversight split between various regulatory agencies must be agreed upon by Congress before any definitive progress can be made. This back-and-forth between Congress and regulatory agencies has caused the markets to react in a pattern of quick positive movements followed by corresponding negative movements due to legislative inaction. Related Reading: CZ Fuels Optimism As Binance Coin’s $1,000 Target Trends Political Timing Could Matter The midterm and committee calendars are being watched closely. If the Senate delays key votes, support that exists now could wane or be reshaped by other priorities. Some commentators argue that fast action would lock in regulatory clarity; others say a rushed law could leave gaps that require later fixes. The debate over speed versus detail is active in Washington. Featured image from Gemini, chart from TradingView
The bill seeks to bar digital asset providers from paying interest just for holding a stablecoin, but would allow activity-based rewards.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The launch deepens scrutiny around World Liberty as it seeks a U.S. bank charter, with critics pointing to Trump family financial conflicts.
The LatAm-based company said the funding will support expansion across the U.S. and Asia.
The freezes were part of Tether's policy to comply with U.S. Treasury sanctions and were executed in a coordinated manner.
Bernstein said the window to pass the bill is rapidly narrowing amid a dispute between banks and the crypto industry over stablecoin rewards.
Dubai's financial regulator said privacy-focused assets are incompatible with global compliance norms as it moves to a firm-led token suitability model and sharper stablecoin classifications.
Disagreements over stablecoin rewards have frayed bipartisan support for the bill, with traders estimating a 68-70% chance of passage this year.
Tether froze $182 million in USDT across five Tron wallets, highlighting enforcement as stablecoins dominate illicit crypto flows.
Coinbase may withdraw its support from the market structure bill if it imposes broader limits on stablecoin rewards, Bloomberg reported.
For years, stablecoins have been crypto’s most useful invention and its most awkward dinner guest. Useful because they turn blockchains into 24/7 dollar rails, and awkward because while the promise is simple, securing trust rarely is. A digital token worth exactly a dollar sounds reassuring to non-crypto folk right up until someone asks where the […]
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The ABA sent a letter to the U.S. Senate, saying stablecoins that offer yields will affect its banking members ability to grant loans, but JPMorgan disagrees.
Buterin suggested that long-term stablecoin sustainability may require independence from the dollar entirely, given the possibility of future debasement.
The Ethereum co-founder argues that price benchmarks, oracle security and staking incentives remain unresolved challenges for decentralized stablecoins.
The vast majority of the transactions were conducted using Tether's USDT stablecoin on the Tron network, the analysis by TRM Labs found.
Banks are fighting stablecoin rewards to protect a secret $360 billion revenue machine. When Coinbase chief policy officer Faryar Shirzad posted a thread on Jan. 8 warning that stablecoin rewards “remain under debate” as Congress marks up market structure legislation, he attached numbers that banking groups would rather keep quiet. US banks earn $176 billion […]
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The stablecoin sector is expected to grow to $500 billion, while altcoin ETFs are projected to reach $10 billion, driven by regulatory clarity and adoption.
Stablecoins used to be a crypto convenience, a way to park dollars between trades without touching fiat. However, the industry has matured enough that BlackRock now treats them as foundational rails for the market. In its 2026 Global Outlook, the BlackRock Investment Institute argued that stablecoins are widening beyond exchanges and becoming integrated into mainstream […]
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Rain has raised $250 million in a Series C funding round, valuing the stablecoin payments firm at $1.95 billion.
A7A5, a ruble-linked stablecoin few outside Russia had heard of a year ago grew the most of any stablecoin, outpacing both USDT and USDC over the past 12 months.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
On Jan. 7, Donald Trump’s World Liberty Financial (WLFI) formally applied for a national banking charter to establish the “World Liberty Trust Company.” This is a proposed national trust bank specifically designed to handle USD1 stablecoin issuance, custody, redemption, and reserve management. USD1 is WLFI's flagship product, with more than $3.3 billion in supply across […]
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Chainalysis reported crypto crime hit $154 billion in 2025, driven by state-linked hacking, sanctions evasion and stablecoin-based laundering.
Wyoming launched a state-backed stablecoin on Solana, and Morgan Stanley filed for a Solana trust product this week. Last month, Visa expanded USDC settlement to run on Solana rails, and JPMorgan tokenized commercial paper using Solana for part of the settlement stack. These are not rumors or roadmap promises. They happened over 60 days, and […]
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