🇬🇧💰 The Bank of England removes limits on holdings of systemic stablecoins. It aims to transform them into useful payment rails. The new issuance limit will be £40 billion per stablecoin, with reserves of up to 70% in government debt. The goal is to facilitate cross-border payments and enhance liquidity within the system. UK residents will be able to use stablecoins without restrictions on size or frequency of payments. Regulated operations are planned for 2027.

European bank deposits getting drained by Stablecoin aka Crypto industry is telling. Stablecoin $USDT is used by Crypto thieves to steal money. It doesn't mean people opted for freedom with Stablecoin. EU didn't give it the boot for nothing. #USDT is a tool for Monetary Theft.

.@temple_ny, @The_DTCC & Canton just completed an on-chain Treasury repo using Circle’s USDCx, atomic delivery-versus-payment while legal title stayed in DTC’s book. As tokenized Treasuries move into production, @trize_io has clearer paths for compliant, on-chain trading features

If $USDT has to significantly restructure to comply with the GENIUS Act, that’s another potential tailwind for Circle. Institutions generally prefer regulatory clarity, and if $USDC is already built around that framework, it could continue gaining market share. Bullish for $CRCL if this plays out.

🗣 Tether Treasury has received 150M $USDT from #Bitfinex The transfer was valued at approximately $149.93M at the time of execution 💰 #Tether #USDT #Crypto