Stablecoins
JD.com, Ant Group Push for Yuan-Based Stablecoins to Counter Dollar Rule: Reuters
They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global role

JPMorgan Sees Stablecoin Market Hitting $500B by 2028, Far Below Bullish Forecasts
88% of current stablecoin demand comes from crypto-native activity, with payments accounting for only 6%, the report said.

Ripple Expands Stablecoin Infrastructure Partnership as It Seeks Bank License
The partnership will integrate Ripple's payments network with OpenPayd's fiat rails, supporting Ripple USD (RLUSD).

Instant Payments Fintech Ivy Adds Circle’s USDC, EURC Stablecoins
Real-time payment rails and stablecoins belong together, said Ivy CEO Ferdinand Dabitz.

Deutsche Bank’s DWS, Galaxy, Flow Traders Venture to Introduce German-Regulated Stablecoin
The AllUnity joint venture was granted a BaFin license this week to launch its MiCA-compliant euro stablecoin.

South Korean Exchange Upbit to Work on Won Stablecoin With Naver Pay: Report
A KRW stablecoin could effectively iron out the spread between exchanges and end the "kimchi premium."

Circle's Valuation Not Stretched, Says Citi, Starting Coverage With Buy Rating
Citi's $243 price target suggests roughly 34% upside from last night's close just above $181.

Circle Valuation Is 'Outside Our Comfort Zone,' Initiate at Underweight: JPMorgan
The Wall Street bank started coverage of the stablecoin issuer with an underweight rating and a $80 price target.

Stablecoins Are the ‘Quiet Winners’ of Polymarket’s Surge: Coinbase Research
Polymarket’s growth fuels USDC demand, with stablecoins driving high-velocity settlement activity.

Trump-Linked DeFi Project World Liberty Teams With Re7 for USD1 Stablecoin Vault
The Re7 Capital partnership marks latest push to scale World Liberty's stablecoin ecosystem on BNB Chain.
