Reserve Assets

gold

2026-07-09 08:52:13

Jim Rickards Fires at Wall Street: Gold Rally Isn't Debasement, Bitcoin Is a Separate System

Macro strategist Jim Rickards debunks the 'debasement trade' narrative, attributing gold's rise to structural central bank buying and geopolitical risk, while treating bitcoin as a distinct parallel financial system.

430

stablecoin re

2026-07-02 12:45:14

FDIC Releases First Prudential Rules for Stablecoin Issuance: 1:1 Reserves, Capital, and Cybersecurity Standards

The Federal Deposit Insurance Corporation (FDIC) has approved a proposed rule on April 7 that establishes a comprehensive regulatory framework for banks and their subsidiaries to issue and manage stablecoins under the GENIUS Act. The rule requires all permitted payment stablecoin issuers (PPSIs) to maintain 1:1 backing with high-quality liquid reserve assets, process redemptions within two business days, and hold at least $5 million in starting capital plus a liquidity buffer equal to 12 months of operating expenses. While stablecoins themselves are not covered by the standard $250,000 deposit insurance, tokenized deposits that meet the legal definition of bank deposits would be insured. The public has 60 days to comment, and final adoption is expected by mid-2026 per the statutory deadline set by the GENIUS Act.

400

Bank of Engla

2026-06-23 13:04:59

Bank of England Releases Stablecoin Regulation Draft with £40 Billion Issuance Cap

The Bank of England published its draft policy statement and rulebook for systemic stablecoin issuers, capping issuance at £40 billion, requiring 70% short-term UK gilts and 30% Bank of England deposits as reserves, and mandating redemption within 24 hours.

470

Bank of Engla

2026-06-22 16:50:08

Bank of England Eases Stablecoin Rules: Caps Personal Holdings, Sets £40 Billion Issuance Limit

The Bank of England released its final policy statement and draft rules on systemic stablecoins, removing proposed personal holding caps and instead establishing a temporary £40 billion issuance limit per stablecoin. It also allows issuers to hold up to 70% of reserves in short-term UK government bonds.

1930

USDC

2026-06-14 02:00:51

Circle Says USDC Circulation Fell by About 700 Million Over Seven Days

Circle disclosed that in the seven days ended June 11, about 8.5 billion USDC was issued and about 8.2 billion USDC was redeemed, while net circulation decreased by around 700 million. Total USDC circulation stands at about 74.8 billion, backed by roughly $75 billion in reserve assets.

550

Coinbase

2026-06-02 20:09:26

Coinbase Invests in ProShares Treasury ETF Tailored for Stablecoin Reserve Assets

Coinbase has disclosed an undisclosed investment in a ProShares U.S. Treasury-focused ETF designed for the post-GENIUS era, as U.S. lawmakers debate whether stablecoin issuers can offer yield-bearing products.

360