The next wave of stablecoin adoption may not be led by people at all. Paxos Labs’ co-founder says AI agents could become the “X-factor,” instantly shifting liquidity to the most efficient issuers and turning market fragmentation into an advantage. With clearer regulations around stablecoins passing in the United States, the stablecoin market has surged past
Coinbase is riding a wave of positive momentum, with a Rothschild upgrade validating its financial evolution as a massive Samsung deal simultaneously places its services directly in the hands of tens of millions of new users. Summary Coinbase stock rose 2.59% to $381.80 after a Rothschild upgrade to Buy. Rothschild says Coinbase’s business is shifting
Tether, the company behind the USDT stablecoin USDT$1.0006, is working with crypto miner financing firm Antalpha to raise at least $200 million for a new digital asset treasury for tokenized gold, Bloomberg reported Friday, citing sources familiar with the matter. The planned vehicle would stockpile XAUT$3,753.81, a blockchain-based token backed by physical gold bars under
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. In this week’s roundup, we’ve got the latest on CME, Walmart’s crypto play (for real this time), and Robinhood flying high: All-time highs for HOOD Stock and crypto trading app Robinhood saw a new all-time high this week on
Fed officials continue to emphasize the need for cautious monetary policy. Fed Vice Chairman Philip Jefferson said today that the economy is facing two challenging challenges simultaneously: a weakening labor market and above-target inflation. Jefferson stated that the current outlook is characterized by high uncertainty, but that this uncertainty will diminish as the White House’s
The State Bank of Vietnam, the country’s central bank, anticipates credit growth of about 20% in 2025, a move that could see liquidity flow into global crypto markets amid rising adoption in the region. Pham Thanh Ha, deputy governor of the central bank, said Friday that interest rates need to be slashed further to encourage
Although digital assets continue to attract record interest from institutional investors, traditional banks and corporations, venture capital activity in the sector has slowed notably since the first quarter. Galaxy Research’s latest VC report showed that crypto and blockchain startups raised a total of $1.97 billion across 378 deals in the second quarter. That represents a
The stablecoin market cap surpassed the $300 billion threshold for the first time in history, marking a significant milestone in the rapid boom of widespread financial adoption. Summary The global stablecoin market cap has crossed over the $300 billion mark for the first time in history, led by Tether’s USDT dominance. While USD-backed tokens remain
Stephen Miran, the new member of the Fed Board of Governors, who was reportedly appointed by President Donald Trump because of his closeness to him, made remarkable statements about the US economy and monetary policy. Speaking to Bloomberg Television, Miran said he was not shy about offering different views from other members of the central
The U.S. stock market extended its rally on Friday as Wall Street continued to downplay the government shutdown and as a wave of AI deals added further momentum. Summary Stock market news today is dominated by headlines on rallying Dow Jones Industrial Average, S&P 500 and Nasdaq. All major indexes hit record highs even as