Stablecoins Lose Ground to Tokenized Deposits
Lynne Marek, Banking Dive
While the digital currencies have gained some acceptance, there is a growing interest by financial institutions in tokenized deposits as an alternative.
When bankers, economists and other financial professionals gathered late last week for the annual Jackson Hole Economic Policy Symposium, the focus was on payments this year…
Read moreCoinbase Brings Crypto Wealth into Mainstream Mortgages
TradingView
Coinbase Global COIN and Better Mortgage have launched the first token-backed conforming mortgage product nationwide.
Better Mortgage will originate and service the loans, while Coinbase will provide the digital-asset infrastructure. Structured to meet Fannie Mae guidelines, the product’s first lien functions as a standard conforming mortgage.
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Global Banking Giants Prep Stablecoin JV
Finextra
Some of the world’s biggest banks – including Citi, Lloyds and MUFG – have committed to set up a new stablecoin company before the end of the year.
In October 2025, Banco Santander, Bank of America, Barclays, BNP Paribas, Citi, Deutsche Bank, Goldman Sachs, MUFG Bank, TD Bank and UBS revealed that they were exploring the issuance of a 1:1 reserve-backed form of digital money that provides a stable payment asset available on public blockchains…
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