# Stablecoins Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Stablecoins", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Blockchain Association Calls For Modernized Crypto Tax Rules In New Release

The Blockchain Association has released a proposal titled "Digital Asset Tax Principles" to modernize U.S. crypto taxation. The framework calls for practical rules that reflect the realities of digital assets, aiming to reduce compliance burdens and support U.S. competitiveness. Key recommendations include a de minimis exemption for small transactions, treating stablecoins as cash, and taxing mining and staking rewards only upon sale. It also advocates for consistent treatment of similar economic activities, nonrecognition for non-material changes, and privacy-conscious reporting. The proposal seeks to close loopholes while encouraging onshore digital asset activity. Currently, the IRS treats crypto as property, subject to capital gains or ordinary income tax.

bitcoinist02/25 11:01

Blockchain Association Calls For Modernized Crypto Tax Rules In New Release

bitcoinist02/25 11:01

Deciphering the Top Ten Bearish Factors in the Crypto Market: How Severe Is This 'Siege of Bright Summit'?

Title: Decoding the Top 10 Bearish Factors in the Crypto Market: How Severe is This "Siege of Bright Summit"? The crypto market is experiencing a severe downturn, driven by multiple simultaneous pressures: tightening global regulations, escalating geopolitical conflicts, industry leaders exiting, and collapsing retail confidence. This "siege" consists of four major forces. 1. Regulatory Crackdown: The U.S. banking lobby is pushing to ban interest payments on stablecoins, which may reduce short-term appeal but could lead to a compromised solution. The OECD’s Crypto Asset Reporting Framework (CARF) has taken effect in 48 jurisdictions, increasing compliance costs but potentially paving the way for institutional adoption. X (formerly Twitter) has tightened ad policies for crypto projects, raising user acquisition costs. 2. Geopolitical Tensions: Escalating Middle East conflicts and Trump’s tariff hikes have strengthened the U.S. dollar and traditional safe-haven assets, draining liquidity from crypto. Market uncertainty may persist until potential U.S.-China summit talks in late March. 3. Internal Selling Pressure: Bitmain’s Jihan Wu sold over 1,100 BTC to fund AI data center ventures, while Vitalik Buterin sold ETH to support ecosystem development. Key opinion leaders (KOLs) are also reducing exposure, amplifying panic selling. 4. Emotional Meltdown: Searches for "Bitcoin is dead" hit a post-FTX peak, and stablecoin FUD caused brief depegging. An upcoming expose by ZachXBT could reveal insider trading, triggering further sell-offs. Technically, several indicators show extreme oversold conditions, historically suggesting a potential rebound within months. However, if geopolitical talks fail or major scandals emerge, the downturn could worsen. In summary, while 60% of the bearish factors stem from regulations and geopolitics—and 70% may turn bullish long-term—the immediate focus should be on risk management. The market may remain volatile until late March, but surviving the downturn is crucial for participating in a potential recovery.

marsbit02/25 10:45

Deciphering the Top Ten Bearish Factors in the Crypto Market: How Severe Is This 'Siege of Bright Summit'?

marsbit02/25 10:45

Agentic Finance Panorama Report Q1 2026: x402 Payments Surpass $50 Million, ERC-8004 Sees 24,000 Agent Registrations

Agentic Finance Report Q1 2026: x402 payments exceed $50M, ERC-8004 sees 24K agent registrations. The sector has grown rapidly, with autonomous agents now managing user funds via crypto infrastructure. Key developments include the x402 payment standard processing over 15M transactions in 30 days and partnerships with AWS and Stripe. The ERC-8004 identity protocol, launched in late January, enables agent registration and trust-building. Agentic Finance products are categorized by autonomy and intelligence, with rule-based systems dominating capital allocation due to reliability. The ecosystem is expanding with institutional interest, including Grayscale’s decentralized AI fund and Visa’s Trusted Agent Protocol. Retail users lead adoption, while infrastructure advances support agent operations. Regulatory clarity and stablecoin growth are expected to drive further institutional adoption and agentic finance maturity.

marsbit02/25 09:34

Agentic Finance Panorama Report Q1 2026: x402 Payments Surpass $50 Million, ERC-8004 Sees 24,000 Agent Registrations

marsbit02/25 09:34

Dialogue with Dragonfly Managing Partner Haseeb: AI Apocalypse Is Still Far Away, Smart Contracts Are Laws Born for Machines

Dragonfly Capital managing partner Haseeb Qureshi reflects on the crypto industry's evolution, the intersection of AI and crypto, and surviving market cycles. He discusses the departure of peers like Multicoin Capital’s Kyle Samani as symbolic of the industry’s maturation, noting that crypto space has shifted from rebellion to becoming part of the establishment. Haseeb argues that AI and crypto are complementary: AI agents will require cryptocurrencies for fast, predictable, cross-border transactions, with smart contracts serving as "law for machines." He cautions against overestimating the near-term impact of AGI, drawing parallels to the decades-long adoption of industrial revolution technologies. Reflecting on the recent crypto bear market, including the October 2021 flash crash, he emphasizes the importance of survival—staying at the table to participate in future cycles. His key insight: "The biggest alpha in crypto is survival. As long as you’re not knocked out, you have a seat at the feast."

marsbit02/25 08:51

Dialogue with Dragonfly Managing Partner Haseeb: AI Apocalypse Is Still Far Away, Smart Contracts Are Laws Born for Machines

marsbit02/25 08:51

The Person Who 'Killed' PayPal Wants to Buy It

A potential acquisition that could reshape the global payments landscape is under discussion, as Stripe—valued at $159 billion—is reportedly considering acquiring all or parts of PayPal, which has a market cap of just $43 billion. The news drove PayPal’s stock up nearly 7%. PayPal has faced significant challenges: its stock fell 46% over the past year amid rising competition from Apple Pay, Google Pay, and agile rivals like Adyen and Stripe. Despite its vast user network of 438 million active accounts and strong presence in cross-border transactions, PayPal has struggled to keep pace with shifting user behaviors and the rise of embedded and social payments. However, PayPal retains valuable assets, including Braintree (processing around $700 billion annually), Venmo (with 100 million monthly active users), and a deeply entrenched global payments infrastructure. A key underlying motive for the deal is stablecoins. PayPal launched its own stablecoin, PYUSD, adopting a centralized approach to digital currency. In contrast, Stripe has pursued an infrastructure-focused strategy, acquiring stablecoin infrastructure firm Bridge and launching “Open Issuance”—a platform that enables businesses to issue their own stablecoins. Stripe is also developing Tempo, a Layer-1 blockchain aimed at challenging traditional settlement networks like SWIFT. A combined Stripe-PayPal entity could create a powerful Web3 payment ecosystem, integrating PYUSD with Tempo’s fast, low-cost transactions and leveraging Venmo’s user base. This could also support emerging use cases like AI Agent payments, where machines transact autonomously using crypto wallets. Regulatory and cultural hurdles remain significant, and the deal is still in early stages. But the talks signal a broader industry shift: future dominance in payments may belong to those who control next-generation infrastructure, not just scale.

比推02/24 23:42

The Person Who 'Killed' PayPal Wants to Buy It

比推02/24 23:42

Stablecore teams up with Jack Henry: 1,600 banks eye stablecoins

Stablecore's partnership with Jack Henry integrates stablecoin services into the traditional banking system, providing access to over 1,600 banks and credit unions. This move enhances stablecoin adoption by enabling financial institutions to offer stablecoin accounts and staking yields, bridging the gap between DeFi and TradFi. The collaboration also encourages Layer-1 networks to scale their infrastructure to support growing demand, further legitimizing stablecoins and accelerating their role in mainstream finance.

ambcrypto02/24 14:16

Stablecore teams up with Jack Henry: 1,600 banks eye stablecoins

ambcrypto02/24 14:16

Ethereum whale dumps $31.9 mln: Can bulls stop ETH’s slide toward $1.4K?

Ethereum faces significant selling pressure as a whale dumped 16,924 ETH worth $31.97 million within 30 minutes, signaling a deliberate supply injection. ETH is trading near a critical support level at $1,800, with a potential drop to $1,400 if this level fails. Technical indicators like the MACD show a temporary slowdown in bearish momentum but no confirmed reversal. The Spot Taker CVD has shifted to neutral, indicating balanced order flow and reduced buyer dominance. A liquidation cluster near $1,920 could attract price movement if buyers regain control. The market is at a decisive point: a strong defense at $1,800 may lead to a rebound, while a breakdown could extend the decline.

ambcrypto02/24 11:02

Ethereum whale dumps $31.9 mln: Can bulls stop ETH’s slide toward $1.4K?

ambcrypto02/24 11:02

Why CLARITY Act faces crucial test as approval odds drop to 42%

The CLARITY Act faces a critical test as its approval odds on Polymarket dropped sharply from 72% to 42%, reflecting declining market confidence. The White House is mediating between crypto firms (like Coinbase and Ripple) advocating for stablecoin features such as programmability and rewards, and banking groups concerned about deposit outflows and financial stability. A key disagreement revolves around whether crypto companies should be allowed to offer high yields on stablecoins, which banks fear could weaken the traditional financial system. The White House has set a March 1 deadline for a compromise, warning that failure could stall the bill. The latest draft imposes strict rules, with severe penalties for attempts to disguise interest payments. Its future also depends on Senator Tim Scott’s support. While some industry leaders remain optimistic about passage by April, the political deadlock and tight timeline pose significant roadblocks.

ambcrypto02/24 08:02

Why CLARITY Act faces crucial test as approval odds drop to 42%

ambcrypto02/24 08:02

Crypto's New Frontier: Building the Next Generation of Permissionless Neobanks

Crypto Neobanks: Building the Next Generation of Permissionless Banking A new paradigm is emerging in crypto's second decade: permissionless neobanks. Unlike fintech neobanks that improved banking's front-end but kept traditional back-ends, crypto neobanks aim to rebuild the entire financial backend using stablecoins and public blockchains. They provide a unified, self-custodial interface for four core financial functions: Store, Spend, Grow, and Borrow. The landscape includes self-custody wallets (Ledger, MetaMask), payment solutions (EtherFi card, Bitget QR), growth platforms (Hyperliquid for trading), and lending protocols (Aave, Morpho). Centralized exchanges like Coinbase and Binance are also evolving into full-service neobanks. Key insights: - Success requires capturing high-velocity money flows, starting with Grow (trading fees) and Borrow (interest), then expanding to Spend and Store. - Wallet-first approaches face monetization challenges unless they drive active transactions. - Payment-focused apps must move beyond card commoditization to build unique user loyalty. - Enterprise "stablecoin chains" (Stable, Tempo) prioritize institutional efficiency and privacy. - Non-custodial lending remains crypto's "holy grail," limited by the lack of robust identity systems. Future opportunities lie in solving privacy-compliance parity, achieving real-world composability, leveraging permissionlessness for global-local strategies, and unlocking undercollateralized consumer credit. Crypto neobanks aren't just new apps—they are rebuilding the underlying rails of money itself.

marsbit02/24 04:00

Crypto's New Frontier: Building the Next Generation of Permissionless Neobanks

marsbit02/24 04:00

RWA Weekly Report｜Significant First Decline in Asset Users; US SEC Discusses 'Gradual' Regulatory Path for Tokenized Securities, Plans to Launch Innovative Exemption Mechanism (2.15-2.24)

RWA Bi-Weekly Report (Feb 15–24): Asset Holders See First Notable Decline; SEC Explores "Progressive" Regulatory Path for Tokenized Securities According to rwa.xyz, the total Distributed Asset Value (DAV) of RWA grew from $24.14B to $25.07B, a 3.85% increase. However, the number of asset holders fell significantly from 842.2k to 710.4k, a drop of 15.65%. U.S. Treasury tokenizations saw the largest growth, rising 7% to $10.6B. Stablecoin holders increased by 9.02M, indicating broader adoption despite stablecoin market cap remaining flat. Key regulatory developments include the U.S. SEC clarifying a 2% haircut rule for broker-dealers' payment stablecoin holdings. The SEC is also considering an "innovation exemption" to allow limited trading of tokenized securities on new platforms. Additionally, a clarification was issued that RWA assets based in Hong Kong fall outside mainland China’s strict regulatory scope. In project updates, Ondo Finance integrated tokenized stocks like SPYon and QQQon into DeFi lending markets via Chainlink oracles. MSX (MyStonks) updated its platform and adopted a one-sided trading fee model to improve user experience. OneChain announced a $67M Series A funding round to develop institutional-grade RWA infrastructure. Overall, the market shows continued growth in low-risk, liquid assets like Treasuries, with regulatory bodies moving toward structured yet adaptive frameworks for tokenized real-world assets.

Odaily星球日报02/24 03:50

RWA Weekly Report｜Significant First Decline in Asset Users; US SEC Discusses 'Gradual' Regulatory Path for Tokenized Securities, Plans to Launch Innovative Exemption Mechanism (2.15-2.24)