Accessibility helpSkip to navigationSkip to contentSkip to footer
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign In
  • Home
  • World
    Sections
    • World Home
    • Middle East war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • Nationalist candidate Nawrocki wins Poland presidential election
    • Ukraine stages audacious attack on airfields deep in Russian territory
    • The world’s strongest currency is also super-competitive 
    • Starmer refuses to commit precise date for 3% defence spending target
    • Treasury secretary Bessent insists US will ‘never default’ on its debt
  • UK
    Sections
    • UK Home
    • UK Economy
    • UK Politics
    • UK Companies
    • Personal Finance
    Most Read
    • Starmer refuses to commit precise date for 3% defence spending target
    • UK house price growth in May exceeds forecasts
    • The UK doesn’t have a productivity puzzle
    • UK calls on France to stop migrants in shallow waters after ‘shocking’ day
    • UK backs Morocco’s ‘autonomy plan’ for Western Sahara
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • Trump tariffs cut off recovery in private equity dealmaking
    • UK house price growth in May exceeds forecasts
    • Early adoption of AI will boost US growth
    • Bidders for BP’s Castrol weigh offers below expected $8bn valuation
    • ‘Mischief before money’: inside the M&S hackers’ hunt for new targets
  • Tech
    Sections
    • Tech Home
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
    Most Read
    • Early adoption of AI will boost US growth
    • ‘Mischief before money’: inside the M&S hackers’ hunt for new targets
    • Can the Gulf really become an AI superpower?
    • Indian tech fund sees domestic opportunity akin to 1990s Silicon Valley
    • Business schools race to keep abreast of developments in AI
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Crypto
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Monetary Policy Radar
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
    Most Read
    • The world’s strongest currency is also super-competitive 
    • Treasury secretary Bessent insists US will ‘never default’ on its debt
    • Dollar’s correlation with Treasury yields breaks down
    • Bidders for BP’s Castrol weigh offers below expected $8bn valuation
    • Trump’s steel tariffs prompt anger and warnings of ‘catastrophic’ job cuts in Canada
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • The world’s strongest currency is also super-competitive 
    • Early adoption of AI will boost US growth
    • Britain’s golden chance to attract top US talent
    • The Fed’s demanding next months
    • The UK doesn’t have a productivity puzzle
  • Lex
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
    Most Read
    • ‘No timewasters please’: is setting boundaries necessary or plain rude?
    • The pleasures and pitfalls of retirement
    • Business schools race to keep abreast of developments in AI
    • John Lewis and Waitrose face demands to reinstate bonuses
    • How to eat like a local in Miami
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Puzzles
    • Travel
    • FT Globetrotter
    Most Read
    • A drinker’s case against drinking
    • The five best Dubai chocolates
    • ‘The threat feels existential’ – Bordeaux’s 2025 en primeur campaign
    • Great rail journeys: nostalgia and magic on the Night Riviera to Cornwall
    • Saudi Arabia plans for safer Hajj as more than 1mn pilgrims arrive
  • HTSI
MenuSearch
  • Home
  • World
  • UK
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Lex
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

Stablecoins

  • Thursday, 29 May, 2025
    The FT ViewThe editorial board
    Crypto wins a champion in the White House

    Trump family’s enthusiasm for digital assets creates a glaring conflict of interest

    A cut-out of US President Donald Trump holding a bitcoin is displayed on a group of servers
  • Wednesday, 28 May, 2025
    If stablecoins are banks, what’s a bank?

    The lawful good to chaotic evil of assets vs liabilities

  • Wednesday, 28 May, 2025
    UnhedgedRobert Armstrong
    Stablecoins reconsidered Premium content

    Plus solar stocks vs Trump

    An illustration of gold plated souvenir cryptocurrency Tether, bitcoin and ethereum coins arranged beside a screen displaying a trading chart
  • Wednesday, 28 May, 2025
    Markets InsightIgnazio Angeloni
    Stablecoins and monetary sovereignty: the ball is in Europe’s court

    Asset-backed digital currencies should not be regulated or regarded as the same as central bank money

    A euro symbol statue at the headquarters of the European Central Bank, in Frankfurt, Germany
  • Tuesday, 27 May, 2025
    UnhedgedRobert Armstrong
    Stablecoins are bank deposits Premium content

    And stablecoin issuers are banks

    Self-deposit boxes
  • Monday, 26 May, 2025
    J. Christopher Giancarlo
    Digital dollars must reflect American values

    The US needs to preserve the virtues for which its currency has historically stood

    An artist’s impression of a digital dollar
  • Wednesday, 7 May, 2025
    Linda Jeng
    Stablecoins should be treated as currency

    Unless their use is defined under law, and accounting rules, they will remain a poor medium of exchange

    A dollar banknote with binary numbers
  • Monday, 7 April, 2025
    Tether
    Tether considers US-only stablecoin as Trump loosens crypto rules

    World’s most traded cryptocurrency does not currently accept customers in the US

    Close-up of a Tether coin with circuitry patterns, set against a background featuring faint images of US dollar bills and a blue gradient
  • Wednesday, 2 April, 2025
    Circle Internet Financial Ltd.
    Stablecoin operator Circle files for IPO as revenues jump to $1.7bn

    US firm is latest crypto group to try to take advantage of more favourable environment towards industry under Trump

    The Circle website arranged on a laptop in New York
  • Friday, 28 March, 2025
    Cryptocurrencies
    Galaxy Digital pays $200mn to settle luna crypto-trading probe

    Penalty for Mike Novogratz’s group comes as SEC scales back investigations into biggest names in digital assets market

    Mike Novogratz
  • Wednesday, 26 March, 2025
    Fidelity plans to launch stablecoin in digital assets push

    Asset manager actively testing token as the Trump administration prepares to overhaul crypto oversight

    A view of a Fidelity Investments building in the Financial District of New York City
  • Tuesday, 25 March, 2025
    Crypto group backed by Trump to launch stablecoin

    World Liberty Financial’s new USD1 token marks president’s latest foray into digital assets market

    The World Liberty Financial website arranged on a smartphone, showing Donald Trump and his sons Eric, Donald Jr and Barron
  • Monday, 10 March, 2025
    Banks and fintechs join ‘stablecoin gold rush’

    Bank of America and Stripe target market for payments in cryptocurrencies

    Usa one hundred dollar banknotes among the binary code background
  • Thursday, 6 March, 2025
    Markets InsightHilary Allen
    Trump’s crypto embrace is a threat to Wall Street

    Stablecoins will increasingly challenge bank deposits as a riskier place for people to park their cash

    Wall Street sign
  • Wednesday, 26 February, 2025
    Cryptocurrencies
    Tether fails in move to stop former business partner suing ex-employees

    Judge rejects stablecoin operator’s concern that Swan Bitcoin could secure proprietary information

  • Tuesday, 25 February, 2025
    Why are all my cryptos down?

    Stablecoin nationalism meets attention-economy fatigue

  • Thursday, 12 December, 2024
    White House Watch
    Howard Lutnick: Tether’s friend in the White House

    Also in today’s newsletter, ‘We’re in a very, very dangerous world right now,’ warns Republican stalwart senator Mitch McConnell

    Howard Lutnick, chief executive of Cantor Fitzgerald
  • Friday, 13 September, 2024
    Exchange traded funds
    Janus Henderson to follow BlackRock and Fidelity into tokenisation

    Fund group’s move to manage Anemoy fund means it is joining a trend that observers believe will disrupt the industry

    Computer code and text displayed on computer screens.
  • Thursday, 5 September, 2024
    Tech and crypto groups rush to profit from stablecoin boom

    But some industry experts warn that tokens are a ‘novelty asset’ used mostly for trading

    A stablecoin montage  with PayPal and Ripple logos
  • Tuesday, 23 July, 2024
    Technology sector
    Ex-directors allege fraud at Tether-backed crypto group Northern Data

    Sacked ‘whistleblowers’ launch California court action against Europe’s biggest bitcoin-miner-turned-AI-datacentre-builder

  • Friday, 21 June, 2024
    Cryptofinance
    Cryptofinance: Tether’s new take on the gold standard Premium content

    Plus, the dark side of tokenisation and two arrests

    Montage of Tether logo and gold currency
  • Friday, 3 May, 2024
    Cryptofinance
    Cryptofinance: Stablecoins encroach on shadow banking system Premium content

    Plus, CZ gets four months and outflows from bitcoin ETFs

  • Friday, 5 April, 2024
    Cryptocurrencies
    Terraform Labs and Do Kwon found liable for fraud in SEC case

    US regulator notches a victory in its crackdown on the crypto sector

    Do Kwon
  • Thursday, 4 April, 2024
    Ripple Labs, Inc.
    Ripple Labs joins stablecoin rush amid crypto market revival

    US company aims to provide ‘portal’ between digital assets and securities markets

    Ripple signage
  • Sunday, 25 February, 2024
    News in-depthCryptocurrencies
    $100mn in crypto payments traced to Myanmar-based ‘scammers’

    Analysts say Tether digital coins were used to transfer funds from victims of ‘pig butchering’ racket

    Tether token and logo with a mobile phone with heart on screen
Previous page1Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareersSuppliers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

Tools

PortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency Converter

Community & Events

FT Live EventsFT ForumsFT Leaders Academy

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2025. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Edition:UK
International
Subscribe for full access

Top sections

  • Home
  • World
    • Middle East war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
  • UK
    • UK Economy
    • UK Politics
    • UK Companies
    • Personal Finance
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
  • Markets
    • Alphaville
    • Markets Data
    • Crypto
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Monetary Policy Radar
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Lex
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Puzzles
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
  • HTSI
  • Special Reports

FT recommends

  • Alphaville
  • FT Edit
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • Visual and data journalism
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Schools
  • FT Live Events
  • FT Forums
  • FT Leaders Academy
  • myFT
  • Portfolio
  • FT Digital Edition
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In