The combined onchain market cap of EUR stablecoins reached an all-time high of $774.2 million as of May 13, 2026, according to Token Terminal data. Ethereum dominates the euro stablecoin ecosystem, hosting 66.2% of all tokenized euro stablecoins across its network. The surge in euro stablecoin adoption reflects growing demand for blockchain-based fiat currency alternatives
A stronger-than-expected U.S. inflation print has complicated the Federal Reserve’s policy outlook, with markets rapidly repricing the likelihood of rate cuts this year after April’s Producer Price Index (PPI) came in at 1.4%. A stronger-than-expected U.S. inflation print has complicated the Federal Reserve’s policy outlook, with markets rapidly repricing the likelihood of rate cuts this
Federal Reserve member Neel Kashkari warned that geopolitical risks in the Middle East could put significant pressure on inflation. While noting that inflation remains very high, Kashkari stated that the duration of the Strait of Hormuz closure is a major question mark and will have significant implications for the inflation outlook. Kashkari stated that even
KDDI Corporation, one of Japan’s largest telecommunications companies, invested approximately $65 million to acquire a 14.9% stake in Coincheck Group N.V. and signed a business alliance agreement with Coincheck, Inc. to build blockchain-based financial services for Japanese consumers. Key Takeaways: KDDI paid $65 million for a 14.9% stake in Coincheck Group N.V., with the deal
Fidelity International, a global asset manager with about $1 trillion in client assets, has launched a tokenized liquidity fund assessed by Moody’s Ratings. The new Fidelity USD Digital Liquidity Fund (FILQ) is issued on blockchain infrastructure linked to Chainlink and was launched through Sygnum Bank’s tokenization platform. According to Sygnum, the fund received a AAA-mf
A hotter-than-expected April inflation report has put Bitcoin back at the center of the Federal Reserve trade, reviving the higher-for-longer rates problem that has capped crypto markets for much of the year. The Bureau of Labor Statistics (BLS) reported on May 12 that headline CPI rose 3.8% year over year in April, above the 3.7%
BlackRock Inc. (NYSE: BLK) accelerated its Bitcoin ($BTC) and Ethereum ($ETH) sell-off on May 13 amid rising risk of crypto capitulation. BlackRock deposited 861 $BTC, worth approximately $69.59 million, to Coinbase Prime on Wednesday, according to on-chain data from Arkham Intelligence. Additionally, the management firm sent 44,691 $ETH, valued at around $103.15 million, to Coinbase
Societe Generale said its digital assets subsidiary Societe Generale-FORGE will deploy EUR and USD CoinVertible stablecoins on the Canton Network and support tokenized collateral and repo financing activity on the network. The Paris-based bank said it plans to use the network for collateral management and short-term financing transactions tied to tokenized assets. It added that
In brief The U.K.’s central bank is treating stablecoins as “a new form of money” in the debate between tokenized deposits and stablecoins. The Bank of England and Financial Conduct Authority are gearing up to accept applications from would-be stablecoin issuers in the U.K. The BoE will regulate “systemic” stablecoins that are widely used in