Stablecoins
USDe Surpasses USDT and USDC
On September 6, 2025, reports indicated that the stablecoin USDe had outpaced USDT and USDC in certain metrics, marking a shift in the cryptocurrency market. This development highlights growing adoption of alternative stablecoins.
Citi teams up with Coinbase for stablecoin pilot
Citi is partnering with Coinbase to explore stablecoin payments for its institutional clients. This collaboration marks a step toward integrating cryptocurrency into traditional banking. The initiative focuses on piloting stablecoin transfers.
Fed proposes limited payment access for stablecoin issuers
Federal Reserve Governor Christopher Waller suggested creating a 'skinny' master account to give compliant crypto firms, including stablecoin issuers, limited direct access to Fed payment rails. The proposal, announced on October 21, 2025, at the Fed's Payments Innovation Conference, aims to reduce reliance on commercial banks while imposing strict limits. It revives narrow banking concepts amid growing stablecoin adoption following the GENIUS Act.
CF Benchmarks forecasts Bitcoin reaching $148,500 by year-end
Iniulat ng AI
A new report from CF Benchmarks predicts Bitcoin will rise 20% to $148,500 by the end of the year, driven by regulatory changes and institutional demand. It also expects the number of crypto exchange-traded funds to double to 80, with stablecoin assets hitting $500 billion in 2026. These projections come amid a supportive US policy environment and monetary easing.
Coinbase reports strong Q3 earnings as everything exchange advances
Coinbase announced $1.9 billion in revenue and $433 million in profit for the third quarter of 2025, marking a 25% increase from the previous period. The company highlighted progress on its 'Everything Exchange' vision, integrating trading, financial services, and applications. CEO Brian Armstrong emphasized solid financial results and innovative product development.