The GENIUS Act's regulatory framework boosts stablecoin growth, but ongoing concerns about reserve quality and liquidity risks persist.
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ING strategists Michiel Tukker and Benjamin Schroeder note that the Federal Reserve’s June minutes confirmed a more hawkish stance despite an unchanged policy rate. They highlight that nine officials pencilled in higher rates by year-end and that most see further policy firming as likely if inflation stays elevated due to AI-driven demand, high energy prices and tariffs, though ING’s base case expects moderation. June minutes reinforce hawkish Fed stance “This more upbeat take on the economy and the labour market was also reflected in the more hawkish stance of the Fed, which was just confirmed by the minutes of the June meeting.” “While voting unanimously to keep rates on hold, that meeting saw nine Fed officials pencilling in higher rates by the end of this year.” “Most officials agreed that “some policy firming would likely be warranted” in a scenario in which inflation remained elevated
Circle faces a Wisconsin complaint over refusing a court-ordered USDC recovery action. Prosecutors say stablecoin issuers face growing pressure to support scam investigations. The case may reshape how crypto firms handle frozen assets and victim claims. Circle faces a criminal complaint in Wisconsin after prosecutors accused the stablecoin issuer of refusing to comply with a […]
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The post Circle Refused to Recover a Scam Victim’s USDC, Wisconsin’s Criminal Complaint Says appeared on BitcoinEthereumNews.com.
Wisconsin prosecutors have filed a criminal complaint against Circle, alleging the USDC issuer intentionally disobeyed a court warrant to recover roughly 381,000 stolen tokens for a local scam victim. The misdemeanor charge sharpens a dispute over how much responsibility stablecoin issuers bear for returning stolen funds. A Romance Scam Set the Criminal Complaint Against Circle in Motion A Walworth County resident received an unsolicited text in May 2025 from a scammer calling herself Lenora. Posing as a romantic partner, she steered part of his savings into USD Coin (USDC), a dollar-pegged stablecoin, on a bogus investment platform. According to the court filing, a county court ordered Circle to freeze the tokens last August, and it complied. In December, however, a judge ordered Circle to invalidate the tokens and reissue an equal amount to the sheriff’s o
PayPal launches PYUSD stablecoin natively on Polygon, helping businesses make faster, regulated global payments through the new Open Money Stack platform. PayPal has expanded its blockchain payment strategy through a new partnership with Polygon. The company has introduced its stablecoin PYUSD natively on the Polygon network. As a result, businesses can make faster and lower-cost […]
The post PayPal Partners With Polygon to Boost PYUSD Stablecoin Adoption appeared first on Live Bitcoin News.
Stablecoins are useful, but crypto still has a simple payment problem: users do not want to think about gas. BNB Chain’s push toward gas-free stablecoin transfers is aimed directly at that friction point, especially for
PayPal's integration of PYUSD on Polygon enhances transaction efficiency and security, potentially accelerating stablecoin adoption in global markets.
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Circle’s EURC launch on Base is a small but important stablecoin infrastructure move. It brings a native euro-denominated token to one of the most watched Ethereum layer-2 networks at a time when European regulation is b
Tether is again making it clear that it does not want to be viewed only as a stablecoin issuer. Its $25 million investment in telecom infrastructure pushes the company deeper into the world of physical networks, decentra