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Opinion by: Christos A. Makridis, associate research professor at Arizona State University and visiting fellow at the Heritage FoundationStablecoins received a real boost when US President Donald Trump signed the GENIUS Act earlier this year — and now European banks are trying to get into the act by issuing stablecoins of their own.Their envy of the US dollar’s supremacy, a long-standing pillar of American economic strength, is understandable. In the wake of the GENIUS Act, dollar-backed, privately issued stablecoins are surging in popularity, presenting a strategic opportunity for the United States.By creating an environment that enables stablecoins and operating under…

Seven crypto firms have joined forces to establish common standards for crosschain stablecoin transfers, following a bumper year in 2024 where transfer volumes surpassed those of Visa and Mastercard. Fireblocks, the Solana Foundation, TON Foundation, Polygon Labs, Stellar Development Foundation, Mysten Labs and Monad Foundation said on Thursday they’re linking up to form the Blockchain Payments Consortium (BPC).The group is aiming to create a “common framework that enhances blockchain transactions with traditional data requirements of traditional payments.”“Blockchain rails are reshaping the global payments landscape. But for blockchain payments to reach full potential, we must address the inconsistent and fragmented experiences individuals…

Ether traders on social media are more optimistic after the token’s price saw a slight bump on Thursday, even as the rest of the crypto market remained fearful amid a wider downturn.The uptick in bullish comments on social media was sparked after Ether (ETH) nearly reached $3,500 on Thursday, which traders interpreted as a positive sign that the token was back on track, market intelligence platform Santiment said in an X post. On average, Santiment recorded 2.7 bullish comments for every one bearish comment on Ether, which was the highest positive bias since July.“Ethereum traders have quickly pivoted from being extremely…

Nearly half of exchange-traded fund (ETF) investors are planning to buy a crypto ETF, matching those who said they’d buy a bond ETF, according to a report from brokerage giant Schwab Asset Management.In its ETFs and Beyond report released on Thursday, Schwab found that 52% of respondents to its survey were planning to invest in US equities, while 45% said they were interested in crypto ETFs, tied in second place with US bonds. Bloomberg’s senior ETF analyst Eric Balchunas said in an X post on Thursday that the results were a surprise, given the sheer size of the bond market in…

Swiss banking giant UBS has taken a major step toward institutional blockchain by completing its first live tokenized fund transaction on the Ethereum network, a landmark demonstration of blockchain’s real-world utility. By bringing fund operations into blockchain rails, UBS demonstrates how tokenization can eliminate settlement friction, improve transparency, and expand access to digital asset markets. How Institutional Adoption Of Ethereum Is Accelerating In the echelons of global finance and true innovation, UBS, the legendary Swiss banking giant, has announced the completion of the first live tokenized fund transaction on the Ethereum blockchain. According to CryptoGucci’s post on X, UBS has…

Modular oracle network RedStone launched Credora, a decentralized finance (DeFi)-native risk ratings platform aiming to bring transparency and credit analytics to lending protocols. RedStone said on Thursday that it had expanded beyond price feeds into the broader domain of credit, collateral and risk intelligence through its Credora acquisition in September. At launch, Credora by RedStone integrates with DeFi lending markets Morpho and Sparks to offer dynamic risk scores and default-probability analytics, accessible through an API. RedStone co-founder Marcin Kaźmierczak said the launch marked a pivotal step toward the “Low-Risk DeFi” movement, which aims to strike a balance between yield generation and verifiable, data-driven…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s price has fallen below $3,400 for the first time since August, but large investors appear to have turned this correction into a buying opportunity. Data shows that whales have been accumulating vast amounts of ETH within a short window.  The accumulation coincides with Ethereum recording a new network throughput milestone, which adds further strength to the argument that the cryptocurrency is still solid even during the price weakness. Whales Scoop Up $1.12 Billion Worth Of ETH In 48 Hours Data from the on-chain analytics platform Lookonchain…

Ethereum is attempting to regain stability after the sharp selloff on Tuesday that sent its price plunging below $3,100. The drop triggered widespread liquidations across the crypto market, with ETH briefly touching multi-week lows before finding support. As of today, bulls are trying to reclaim the $3,350 level, a short-term resistance zone that could determine whether the asset stages a broader recovery or faces another leg down. Related Reading Despite the volatility, on-chain data reveals a different story beneath the surface. Large investors — often referred to as whales — have continued to accumulate ETH, signaling long-term confidence in the…

ARK Invest’s Cathie Wood has cut her long-term Bitcoin price projection by $300,000, warning that stablecoins are eroding Bitcoin’s role as a store of value in emerging markets.“Stablecoins are usurping part of the role that we thought Bitcoin would play,” Wood, who previously forecast a top BTC price of $1.5 million by 2030, told CNBC on Thursday.“Given what’s happening to stablecoins, which are serving emerging markets in a way that we thought Bitcoin would, I think we could take maybe $300,000 off that bullish case, just for stablecoins.Stablecoins are scaling here, I think, much faster than anyone would have expected,”…

Google is incorporating prediction market data from Kalshi and Polymarket into its search results as part of its AI-powered upgrade, enabling users to view real-time probabilities for future market events directly within the platform.According to a Thursday announcement, the prediction market data will be available in the next couple of weeks, letting users view market odds and track how forecasts have shifted over time by typing a question directly into Google’s search bar.The feature is part of an AI-powered revamp of Google Finance — a free web service by Google that provides real-time financial market data. The upgrade also introduces…