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Citi projects $1.9 trillion stablecoin boom by 2030
Yahoo Finance· 2025-09-25 15:22
Core Insights - The stablecoin market is projected to grow significantly, with Citi forecasting issuance could reach $1.9 trillion by 2030, up from a previous estimate of $1.6 trillion, and potentially soar to $4 trillion in a bull case [2] - Stablecoins are increasingly utilized in various sectors, including crypto trading and e-commerce, with their market cap rising from $200 billion to $280 billion this year [3] - The growth of stablecoins may indicate a breakthrough in blockchain technology's adoption by large institutions, likening it to the early days of the dotcom boom [4] Market Projections - Citi's base case estimates stablecoin issuance at $1.9 trillion by 2030, supporting nearly $100 trillion in annual transactions, although this is small compared to the $5 to $10 trillion moved daily by leading banks [2][4] - The report highlights strong growth in 2025 and numerous project announcements from both crypto-native firms and traditional financial players [2] Adoption and Challenges - Despite the growth potential, many corporate firms remain cautious, showing curiosity rather than enthusiasm towards stablecoins, preferring "bank tokens" that offer safety and regulatory oversight [5] - Significant developments in the stablecoin space have occurred this year, with companies like PayPal expanding their offerings and retailers like Walmart and Amazon considering proprietary stablecoins [5]
Launch Of Euro-Backed Stablecoin In H2 2026? Nine European Banking Giants Join Forces
Yahoo Finance· 2025-09-25 13:32
Nine of Europe’s biggest banks—including ING, UniCredit, Danske Bank, SEB, KBC, DekaBank, Banca Sella, and Raiffeisen Bank International—have decided to collaborate on a euro-backed stablecoin. Under the European Union’s (EU) Markets in Crypto-Assets Regulation (MiCA) framework, the collaborating banks will roll out the stablecoin in the second half of 2026. Will this be a game-changer for European crypto payments? Will the euro-backed stablecoin reduce Europe’s reliance on US dollar-denominated stablecoin ...
Move Over Opendoor Stock. This Housing Company Is About to Be the Next Big Thing.
Yahoo Finance· 2025-09-23 15:04
Hedge fund manager Eric Jackson has shifted his attention from Opendoor (OPEN) to Better Home & Finance Holding (BETR), calling it "the Shopify of mortgages" and predicting massive upside potential. Jackson's endorsement on X (formerly Twitter) sent Better Home shares soaring 47% on Monday, with BETR stock briefly more than doubling before settling around $50. The founder of EMJ Capital believes Better Home is revolutionizing the $15 trillion mortgage industry by leveraging artificial intelligence (AI) an ...
Crypto venture firm Archetype raises $100 million for third fund to tap into ‘post-AOL, pre-Uber’ vibe
Yahoo Finance· 2025-09-23 12:00
The last time Archetype raised a venture fund, Sam Bankman-Fried stood atop the crypto industry amid a boom time that quickly evaporated. Now, just over three years later and amid a roaring bull market, the New York-based firm is back with a new fund: a $100 million vehicle that will once again focus on backing early-stage seed rounds of blockchain companies. In an interview with Fortune, Archetype founder and general partner Ash Egan argued that blockchain technology is on the verge of its mainstream b ...
Fast-growing crypto and stablecoin startup Zerohash raises $104 million
Yahoo Finance· 2025-09-23 11:45
A recent flood of institutional demand for blockchain technology has helped to mint a new unicorn. Zerohash, a crypto and stablecoin infrastructure company headquartered in Chicago, announced Tuesday that it had raised $104 million at a $1 billion valuation. Interactive Brokers, a publicly traded brokerage, led the round. In a crowded field of infrastructure companies, Zerohash has carved out a name for itself by helping financial institutions and fintechs build out their own products for stablecoins, c ...
JPMorgan CEO Dimon Sees Inflation Blocking Fed Cuts, Says Stablecoins Pose No Bank Threat
Yahoo Finance· 2025-09-23 10:03
Core Viewpoint - JPMorgan CEO Jamie Dimon expressed concerns that persistent inflation may hinder further Federal Reserve rate cuts, contradicting market expectations for aggressive monetary easing through 2025 [1][5]. Economic Pressures - Dimon highlighted multiple inflationary pressures, including global fiscal deficits, potential world remilitarization, trade restructuring, and reduced immigration to the U.S., which could sustain price pressures and push wages higher [2][3]. - Federal Reserve officials, including St. Louis Fed President Alberto Musalem and Atlanta Fed President Raphael Bostic, have also indicated skepticism about the feasibility of further rate cuts, suggesting that the September cut may be the only reduction needed this year [1][5]. Banking Industry Perspectives - Dimon dismissed concerns within the banking industry regarding stablecoins threatening traditional deposit bases, emphasizing the legitimacy of blockchain technology while differentiating it from speculative crypto trading [3]. - His views contrast with other major bank executives who have warned of potential deposit flight reminiscent of the 1980s money market fund crisis [4]. Federal Reserve's Stance - The Federal Reserve's recent rate cut of 25 basis points to a range of 4.00%-4.25% has led to internal divisions over the pace of future reductions, with some officials questioning the timing of the cut given ongoing inflation pressures [2][5]. - New Fed Governor Stephen Miran advocated for aggressive rate cuts totaling 1.25 percentage points across the remaining 2025 meetings, arguing that current rates are too tight and could lead to unnecessary unemployment [6].
Cavitation Technologies, Inc. Announces Appointment of Anton Glotser as VP of Blockchain Infrastructure Technology at XYRA Corp.
Globenewswire· 2025-09-23 10:00
CHATSWORTH, Calif., Sept. 23, 2025 (GLOBE NEWSWIRE) -- Cavitation Technologies, Inc. ("CTi" or the "Company") (OTCQB: CVAT), a leading provider of advanced fluid processing and water treatment technologies, today announced the appointment of Anton Glotser as VP of Blockchain Infrastructure Technology at its subsidiary, XYRA Corp. This strategic appointment strengthens XYRA Corp.'s leadership team as the company advances its mission to identify and capitalize on unique opportunities in the crypto technologie ...
Ripple XRP Is About To Replace The Federal Reserve | You’re Not Ready For This
NCashOfficial - Daily Crypto & Finance News· 2025-09-21 04:01
Back in March of this year, we saw a big post from Thomas Macy and it was, "I just reintroduced End the Fed title Federal Reserve Board Abolition Act HR846." What this included was exactly what it states, ending the Fed. Americans would be better off if the Federal Reserve did not exist. the Fed devalues our currency by monetizing the debt causing inflation.I bring this post up because if you guys do remember going all the way back to 2020, 2021, even prior to that, the biggest thing that we talked about wi ...
Latin America’s Largest Digital Bank Nubank Eyes Dollar-Pegged Stablecoins
Yahoo Finance· 2025-09-19 07:03
Group 1 - Nubank, the largest digital bank in Latin America, is set to integrate dollar-pegged stablecoins into its payment ecosystem, starting with credit card transactions [1][8] - The bank's vice-chairman, Roberto Campos Neto, highlighted the importance of blockchain technology in connecting digital assets with traditional banking during the Meridian 2025 event [2] - There is a notable shift in the use of stablecoins, with more individuals moving from viewing crypto as a store of value to using it for transactions, indicating a need for banks to adapt by accepting tokenized deposits [3][8] Group 2 - Nubank's expansion into the crypto space began in 2022, with a Bitcoin allocation and crypto trading services, and it has since added support for various altcoins [4] - In Brazil, 90% of crypto activity is linked to stablecoins, driven by high inflation and currency volatility, making dollar-pegged tokens attractive [5] - Neighboring countries like Argentina and Venezuela are also experiencing significant stablecoin adoption due to extreme inflation rates, with stablecoins making up a large portion of crypto transactions [5][6] Group 3 - The recent passage of the GENIUS Act in the US aims to strengthen the dollar's position in global markets by supporting dollar-pegged stablecoins [7]
Gemini’s Cameron Winklevoss says tokenisation will jailbreak equities — ‘groundbreaking’
Yahoo Finance· 2025-09-18 15:10
Core Viewpoint - The appointment of Paul Atkins as the new SEC chair marks a significant shift towards a more favorable regulatory environment for the crypto industry, with a focus on integrating traditional financial markets with blockchain technology [1][2]. Group 1: Regulatory Changes - Paul Atkins has proposed a series of regulatory changes aimed at facilitating the integration of traditional financial markets with blockchain technology, which includes allowing financial firms to trade crypto commodities, crypto securities, and traditional securities without needing multiple licenses [2][3]. - The initiative, referred to as Project Crypto, is seen as a groundbreaking move that could transform US equity markets by enabling the tokenization of traditional financial assets [1][2]. Group 2: Industry Response - Cameron Winklevoss, co-founder of Gemini, expressed strong support for Atkins, highlighting the positive shift in the SEC's approach towards the crypto industry compared to the previous chair, Gary Gensler, who took a more adversarial stance [1][5]. - Executives from various crypto firms, including BitGo and Dinari, shared enthusiasm for the prospects of tokenizing US stock, with Dinari's Gabriel Otte describing it as the most significant change in the US financial system since the regulations following the Great Depression in 1933 [5]. Group 3: Tokenization Trends - Tokenization, which involves placing traditional financial assets such as stocks, commodities, real estate, and bonds onto blockchains, has emerged as a major trend in the crypto industry this year [3]. - Companies like Robinhood and Kraken have gained attention by launching services that enable customers to trade tokenized shares, indicating a growing interest in this area [4].