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Bank of America CEO Brian Moynihan warned that up to $6 trillion in deposits, representing roughly 30% to 35% of all U.S. commercial bank deposits, could migrate from the traditional banking system into stablecoins if Congress permits interest payments on the digital tokens under pending legislation

Interactive Brokers Group Inc. (Nasdaq: IBKR) announced that eligible clients of its Interactive Brokers LLC unit can now fund brokerage accounts using stablecoins, a move the company said enables near-instant processing and round-the-clock availability across 170 global markets. What Happened: Stab

Cryptocurrency linked payment cards are becoming the dominant way stablecoins are used in everyday commerce, highlighting how digital dollars are scaling globally without displacing existing card networks, according to a new report by Artemis. The report shows cryptocurrency card volumes have grown

The cryptocurrency industry is entering a new phase where the biggest risks and safeguards are no longer defined by price volatility but by where and how institutional trades are executed, according to a report. The report, by Finery Markets, shows that crypto spot over-the-counter (OTC) trading vol

Goldman Sachs CEO David Solomon on Thursday said the firm has assembled a large internal team to study cryptocurrency-related technologies and prediction markets, highlighting how seriously Wall Street’s largest institutions are evaluating the next phase of digital market structure. What Happened Sp