Rolling into your daily dose of Asia Morning Briefing: a curated wrap-up of critical events unfolding during U.S. trading hours, coupled with market insights and commentary. For a more granular dig into U.S. market action, check out CoinDesk’s Crypto Daybook Americas. While last month’s U.S. spotlight dazzled around the GENIUS Act and Circle’s (CRCL) headline-making…
By 2028, JPMorgan’s strategists anticipate the stablecoin market expanding to around $500 billion — a figure that notably trails behind some of the more optimistic projections estimating a valuation between $1 trillion and $2 trillion within the same period, as highlighted in the Wall Street bank’s recent research note. A Grounded Perspective on Stablecoin Expansion…
When the globe’s top crypto marketplace by trading volume dropped support for a handful of stablecoins, reactions ranged from stunned disbelief to grudging applause — including from the issuer of the very largest stablecoin facing the boot. On Monday, Binance declared it would no longer facilitate trading of USD Coin (USDC), Paxos Dollar (USDP), and…