Hester Peirce has proposed a 2% capital haircut for stablecoins, allowing Wall Street to treat them similarly to cash. This initiative is part of ongoing SEC discussions aimed at developing tailored capital rules that would integrate stablecoins into mainstream finance. Peirce’s consistent advocacy for regulatory frameworks emphasizes a balance between market oversight and the growth of digital assets.
The UK is finalizing stablecoin regulations that could hinder its competitiveness in the global digital economy, particularly due to a proposed cap on stablecoin holdings for individuals and businesses from the Bank of England. Advocates […]
XRP has recorded an impressive $1.2 billion in 24-hour trading volume across South Korea’s leading exchanges, securing a significant lead in the market. This surge in activity, particularly on platforms such as Upbit and Bithumb, […]
Solana’s Real World Assets (RWA) value has surged 58.7% quarter-over-quarter, reaching $1.1 billion, with significant contributions from BUIDL at $255 million and USDY at $179 million, according to Messari. This growth reflects the accelerating institutional […]