Tokenization is supposed to make markets faster and more accessible. But many onchain versions of real-world assets have fallen short of that promise, offering thin liquidity, slow settlement and prices that drift from reality, argues Yuki Yuminaga, co-founder and CEO of Tenbin Labs. His New York-based startup wants to change that by building institutional-grade tokenized assets that closely track real-world prices, settle quickly and generate yield. Tenbin has raised $7 million in seed funding led by G ...

Shares of Coinbase (NASDAQ:COIN) have been moving steadily lower in recent months, now down close to 50% from its all-time peak in July 2025, thanks in part to the retreat in Bitcoin (CRYPTO:BTC) and the broader crypto markets. ...

Tether, the issuer of the world’s largest stablecoin USDT, is making its move into the U.S. domestic market with the launch of USAT, a dollar-backed token issued by Anchorage Digital Bank. The launch, announced Tuesday, represents Tether’s first product specifically designed to operate within the U.S. federal stablecoin framework established under the GENIUS Act. Unlike the globally oriented USDT, USAT is issued directly through Anchorage, a federally chartered, crypto-native bank, bringing its governan ...

吴说获悉，Tether 宣布正式推出 USA₮，一款面向美国市场、符合 GENIUS Act 联邦稳定币监管框架的 美元稳定币。USA₮ 由 Anchorage Digital Bank, N.A.（美国首家联邦监管的加密银行）发行，Cantor Fitzgerald 担任储备资产托管方及首选主交易商。USA₮ 定位为"美国制造"的合规数字美元，服务于机 构级支付与金融基础设施。首批上线平台包括 Bybit、Crypto.com、Kraken、OKX、MoonPay。 （来源：吴说） ...

Japan’s Financial Services Agency has unveiled strict collateral requirements for stablecoin reserve assets, setting a remarkably high threshold that could limit which bonds qualify as backing for digital yen instruments. The proposed rules mandate that foreign-issued bonds must carry top-tier credit ratings and come from issuers with at least 100 trillion yen ($650 billion) in outstanding debt, a bar few global entities can meet. The draft standards emerged Monday as part of regulatory notices implemen ...

Tether has launched USA₮, a new dollar-backed stablecoin designed specifically for the US market, as the company moves to comply with America’s new federal stablecoin law under the GENIUS Act. The new token, announced on January 27, is issued by Anchorage Digital Bank, N.A., a federally chartered US bank. It marks Tether’s first stablecoin built to operate fully within the United States’ regulated financial system. A Stablecoin Built for US Law USA₮ is structured to meet the GENIUS Act’s requirements for ...

Core Viewpoint - The cryptocurrency industry is largely unregulated and rapidly evolving, attracting market participants seeking quick profits, but many digital assets serve no real purpose [1] Group 1: Shiba Inu Overview - Shiba Inu (SHIB) has a market cap of $4.6 billion and has seen significant price increases since its launch in August 2020 [2] - The community, known as ShibArmy, plays a crucial role in maintaining the token's relevance and price stability [3] Group 2: Price Performance and Criticism - Shiba Inu's price is currently 91% below its peak, raising concerns about its long-term viability despite the overall cryptocurrency market performing well [4] - Critics suggest that the community supporting Shiba Inu is dwindling, indicating that the token may not return to its previous highs [4][7] Group 3: Investment Perspective - Long-term investors are advised to avoid Shiba Inu due to its price being heavily influenced by hype cycles rather than fundamentals, making it more suitable for traders [5] - The presence of Shibarium, a Layer-2 scaling solution, and ShibaSwap, a decentralized exchange, are positive developments, but the lack of developers limits the potential for greater utility [6][8] Group 4: Future Outlook - There is skepticism about Shiba Inu's ability to generate excitement among investors, with the possibility of a significant price decline over the next decade [9] - While a future bull market could temporarily boost Shiba Inu's price, any gains are expected to be short-lived, leading to a sharp decline afterward [9]

Bank of Korea Governor Rhee Chang-yong revealed South Korea is considering a new registration regime that would allow domestic institutions to issue virtual assets, while warning that won-denominated stablecoins could enable capital flow circumvention. Speaking at the Asian Financial Forum in Hong Kong, Rhee emphasized that exchange rate volatility could trigger rapid shifts into USD stablecoins and large fund transfers. The announcement comes as South Korean regulators remain deadlocked over comprehens ...

Core Viewpoint - The company continues its aggressive expansion in Bitcoin acquisition, purchasing $264.1 million worth of Bitcoin last week, but the pace has slowed compared to previous weeks where purchases exceeded $1 billion, indicating a more cautious approach amid high volatility [1][3] Group 1: Acquisition Strategy - The company employed a "laddered buying" strategy, acquiring 2,932 Bitcoins at an average price of $90,061, which is significantly higher than the current market price of around $87,500, reflecting confidence in the long-term scarcity of the asset [4] - The acquisition funds were primarily sourced from the liquidation of common stock and included $7 million raised from the sale of STRC series preferred shares, demonstrating a flexible and transparent approach to financing [2][4] Group 2: Holdings and Market Impact - The company's total Bitcoin holdings have reached 712,647 coins, with an overall cost basis locked in at $76,037, maintaining a total asset value above $62 billion at current market prices [5] - The average cost being approximately 15% below the current market price provides the company with a strong risk mitigation capability during extreme volatility, while also reducing the circulating supply in the market, contributing to long-term support for both gold and cryptocurrency prices [5] Group 3: Market Sentiment - Institutional actions are seen as a barometer of market sentiment, with corporate holders transitioning from mere speculators to stabilizing forces in the market amid increasing global economic uncertainty [3][5] - Although fluctuations in acquisition pace may cause short-term market psychological impacts, as long as the logic of accumulation remains intact, a structural bull market for digital assets is likely to have a solid foundation [5]

Good morning. CFOs should be paying attention to stablecoins this year, even if they’re not quite ready to use them yet. Stablecoins are digital assets designed to maintain a stable value, typically pegged to and backed by the U.S. dollar or equivalent assets. Passage of the GENIUS Act has helped clarify how stablecoins are regulated, pushing them from a “crypto side-topic” into mainstream treasury and finance discussions. My colleague Jeff John Roberts takes a deep dive into stablecoins in his new For ...