7h ago
Standard Chartered: Rising stablecoin velocity may limit new supply demand
Standard Chartered said stablecoin velocity has doubled over the past two years, allowing higher transaction volumes without requiring supply to expand at the same pace. In a Tuesday report, the bank said it still expects the stablecoin market to reach $2 trillion by late 2028 despite faster turnover. The report added that USDC has driven much of the velocity increase, while USDT remains more associated with lower-velocity savings use.
TRX
TRX-2.40%
7h ago
3-18
Connecticut Halts Bitcoin Depot Operations as 2026 Revenue Forecast Weakens Sharply
On March 9, the Connecticut Banking Commissioner’s Consumer Credit Division issued a temporary cease-and-desist order against Bitcoin Depot, suspending its money transmission license in the state. The crypto ATM operator has since cut its 2026 revenue guidance after reporting a 56% year-to-date stock drop, staff layoffs and a sharp share price decline from its mid-2025 peak.
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BTC
BTC+2.30%
3-18
3-11
ECB unveils Appia strategy and Pontes DLT launch timeline for tokenized markets by 2026
The European Central Bank has presented its Appia roadmap as a long-term framework for tokenized wholesale financial markets based on central bank money, with the Pontes distributed ledger settlement solution targeted for launch in the third quarter of 2026. The plan outlines how market DLT infrastructures will connect to the Eurosystem's TARGET Services and is accompanied by a public consultation open until April 22.
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EUR
EUR+0.00%
3-11
3-9
Nasdaq and Kraken to launch issuer‑driven tokenized equities via xStocks gateway by 2027
Nasdaq announced on Monday that it is working with U.S. crypto exchange Kraken, its parent Payward, and Backed, the issuer of xStocks, to build an equities transformation gateway for tokenized shares. The initiative follows Nasdaq's tokenization filing with U.S. securities regulators in September 2025 and Kraken's acquisition of Backed in December, with full issuer services expected to start in the first half of 2027.
Selected
3-9