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Stablecoin growth will erode bank deposits, says ECB’s Cipollone

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ECB’s Piero Cipollone said stablecoin adoption could erode bank deposits, but the digital euro will keep banks at the center of payments.

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Crypto PAC to spend $30M opposing Sherrod Brown in Ohio, again: NYT

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The digital asset-aligned PAC joined other groups to spend more than a combined $300 million in the 2024 Ohio Senate race, resulting in Sherrod Brown’s loss to Bernie Moreno.

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Bitcoin price tags $86K as analysis sees crypto in ‘new bull market’

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Bitcoin crossed the $86,000 mark for the first time since late January as falling oil prices and concerns over supply lifted US stocks.

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Circle launches Bitcoin-backed USDC borrowing for institutional clients

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Circle is bringing Bitcoin-backed borrowing to institutional clients, allowing them to tap BTC holdings for USDC liquidity without selling their Bitcoin.

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