Trump ready his Huat big big ahmahgarden move….

[k1976]

Deutsche Bank: Stablecoin set to become mainstream financial system​

Zetta Hannany, Dhika Priambodo
May 15, 2025 9:55 PM

NEW YORK – Deutsche Bank forecasts that stablecoins, a type of digital currency whose value is stable because it is pegged to certain assets such as the US dollar or gold, will soon become part of the mainstream financial system.

This was stated by Deutsche Bank in a thematic research report authored by Marion Laboure, the bank’s thematic research director, and analyst Camilla Siazon.

In their presentation, they said stablecoin usage is expected to expand further this year, alongside efforts by the US to promote cryptocurrency market regulation through legislation currently being drafted.

According to markets.businessinsider.com on Thursday (15/5), stablecoins are decentralised digital currencies traded on blockchain networks—similar to cryptocurrencies like Bitcoin, Ethereum, and various “meme coins” such as Dogecoin and US$Trump.

However, what distinguishes stablecoins is that their value is pegged to stable assets such as the US dollar or gold.

For example, one stablecoin may be worth one US dollar, with its value tracking fluctuations of the underlying asset.

The most well-known stablecoin today is Tether, which has a market capitalisation of about US$150 billion according to CoinMarketCap data.

 

[k1976]

https://www.idnfinancials.com/news/...oin-set-to-become-mainstream-financial-system

Deutsche Bank promise u , 100% Huat Big Big into 99th level heaven

 

[k1976]

Deutsche Bank notes that the total market capitalisation of stablecoins overall has reached US$246 billion, with dozens of other stablecoins circulating in the market.

Two bills currently being drafted in the US Congress—the STABLE Act in the House and the GENIUS Act in the Senate—aim to create a clear legal framework for dollar-based stablecoins.

Yet the regulatory efforts are not without political controversy. Some Democratic senators oppose the GENIUS Act due to concerns over Donald Trump and his family’s connections to the crypto industry.

Trump and his wife Melania even hold crypto assets bearing their names, launched shortly after Trump became president.

Stablecoin market capitalisation has surged from US$20 billion in 2020 to over US$246 billion, a rise of more than 1,200% in less than five years.

In 2023, stablecoin transaction volume reached US$28 trillion, surpassing transaction volumes of major card providers such as Visa and Mastercard.

Deutsche Bank analysts say stablecoins currently underpin more than two-thirds of all cryptocurrency trading.

Moreover, 83% of fiat-backed stablecoins today are pegged to the US dollar.

Around US$120 billion of dollar reserves are held in stablecoins, and Deutsche Bank notes that US$99 billion in US Treasury Bills are owned by Tether, making it one of the largest holders of US government debt worldwide.

According to Laboure and Siazon, widespread adoption of stablecoins will drive increased demand for US debt and strengthen the digital dollar-based financial infrastructure.

Stablecoins are now seen as an integral part of the digital financial ecosystem, reshaping the dynamics of foreign exchange trading, global liquidity, capital flows, and payment system innovation.

“Stablecoins are now a crucial part of the digital dollar infrastructure,” they wrote.

“US regulation will bring legal clarity, pave the way for mainstream use, and deepen integration of the global financial system,” they added. (DK/ZH)

 

[k1976]

It looks like stablecoins are about to go mainstream​

By Nora Redmond

Getty
May 15, 2025, 6:56 PM SGT

Read in app

• Stablecoins are nearing mainstream adoption as the US advances regulatory legislation.
• Stablecoins are digital currencies pegged to more traditional assets like the US dollar or gold.
• The market cap of stablecoins rose from $20 billion in 2020 to $246 billion in May 2025, Deutsche Bank said.

Stablecoins aren't far from becoming mainstream, per Deutsche Bank.

 

[face the facts]

dont know how many millions will lose their life savings over these crypto crap
cryptos are just for gambling, period

 

[k1976]

dont know how many millions will lose their life savings over these crypto crap
cryptos are just for gambling, period

Trump evil plan to use Cypto to “wealth transfer” wealth from millions of honest hardworking man to US Deep Swamp coffer is really a Beautiful IdeA….transgenerational debt serfdom waiting for 95% of global ah Fok in July 25

 

[k1976]

 

[k1976]

JPMorgan analysts flipped from gold to bitcoin, predicting that the cryptocurrency’s price could outperform gold for the rest of the year.

Strategy, the largest corporate Bitcoin holder with a total holding of 568,840 BTC, announced last week that it acquired an additional 13,390 BTC for approximately $1.3bn.

https://sg.yahoo.com/finance/news/bitcoin-nears-time-high-us-071748237.html

Several other companies have adopted Bitcoin or announced plans to acquire it as a strategic reserve asset.

 

[zhihau]

Don’t be shy!!! Altogether now!!! HUAT AH!!!

 

[shock888]

Deutsche Bank: Stablecoin set to become mainstream financial system​

Zetta Hannany, Dhika Priambodo
May 15, 2025 9:55 PM

NEW YORK – Deutsche Bank forecasts that stablecoins, a type of digital currency whose value is stable because it is pegged to certain assets such as the US dollar or gold, will soon become part of the mainstream financial system.

This was stated by Deutsche Bank in a thematic research report authored by Marion Laboure, the bank’s thematic research director, and analyst Camilla Siazon.

In their presentation, they said stablecoin usage is expected to expand further this year, alongside efforts by the US to promote cryptocurrency market regulation through legislation currently being drafted.

According to markets.businessinsider.com on Thursday (15/5), stablecoins are decentralised digital currencies traded on blockchain networks—similar to cryptocurrencies like Bitcoin, Ethereum, and various “meme coins” such as Dogecoin and US$Trump.

However, what distinguishes stablecoins is that their value is pegged to stable assets such as the US dollar or gold.

For example, one stablecoin may be worth one US dollar, with its value tracking fluctuations of the underlying asset.

The most well-known stablecoin today is Tether, which has a market capitalisation of about US$150 billion according to CoinMarketCap data.

Fiat currencies such as USD, Euro, JPY etc. will be replaced by Decentralised Digital Currencies such as Bitcoin.

Many Govts have been setting up Bitcoin Reserves quietly...

https://decrypt.co/317137/changpeng-cz-zhao-advising-countries-crypto-reserves

The PAP Elites are slow on this...

 

[shock888]

It looks like stablecoins are about to go mainstream​

By Nora Redmond

Getty
May 15, 2025, 6:56 PM SGT

Read in app

• Stablecoins are nearing mainstream adoption as the US advances regulatory legislation.
• Stablecoins are digital currencies pegged to more traditional assets like the US dollar or gold.
• The market cap of stablecoins rose from $20 billion in 2020 to $246 billion in May 2025, Deutsche Bank said.

Stablecoins aren't far from becoming mainstream, per Deutsche Bank.

I only believe in Bitcoin. There are only 21 Million Bitcoins in the world.

 

[k1976]

Don’t be shy!!! Altogether now!!! HUAT AH!!!

More CDC vouchers

 

[k1976]

Must pawn my old man underwear now

Don’t be shy!!! Altogether now!!! HUAT AH!!!

 

[k1976]

Fiat currencies such as USD, Euro, JPY etc. will be replaced by Decentralised Digital Currencies such as Bitcoin.

Many Govts have been setting up Bitcoin Reserves quietly...

https://decrypt.co/317137/changpeng-cz-zhao-advising-countries-crypto-reserves

The PAP Elites are slow on this...

Not really

 

[k1976]

MAS Finalises Stablecoin Regulatory Framework​

https://www.mas.gov.sg/news/media-releases/2023/mas-finalises-stablecoin-regulatory-framework

Singapore, 15 August 2023... The Monetary Authority of Singapore (MAS) today announced the features of a new regulatory framework that seeks to ensure a high degree of value stability for stablecoins regulated in Singapore. The regulatory framework takes into account feedback received, following an October 2022 public consultation.

2 Stablecoins are digital payment tokens designed to maintain a constant value against one or more specified fiat currencies. When well-regulated to preserve such value stability, stablecoins can serve as a trusted medium of exchange to support innovation, including the “on-chain” purchase and sale of digital assets.

 

[k1976]

OCBC leverages blockchain to become first Singapore bank with institutional intraday lending capability​

• 30 Oct 2024

This will enable the bank to deploy and maximise returns from its excess intraday liquidity.

Singapore, 30 October 2024 – OCBC has become the first Singapore bank with intraday institutional lending capabilities as it seeks to maximise returns from its excess intraday liquidity. This is done through reverse repurchase transactions (reverse repos) on J.P. Morgan’s Digital Financing application, built on the Onyx Digital Assets platform, where OCBC lends cash to J.P. Morgan and accepts tokenised securities as collateral. Such transactions can be completed within the day as the exchange of cash and tokenised securities through the blockchain is near instantaneous. In contrast, the exchange of cash and collateral typically takes at least one business day in the traditional repo market due to manual processes.

 

[k1976]

Singapore’s Lee Family Scions Make Crypto Push With New Funds​

By Joanna Ossinger
September 9, 2022 at 6:00 AM GMT+8
Updated on
September 9, 2022 at 1:43 PM GMT+8
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This article is for subscribers only.
Scions from two of Singapore’s most prominent families are boosting their involvement in digital assets.

Whampoa Group, a multi-family office anchored by principals from the Lee family that founded Oversea-Chinese Banking Corp. and Amy Lee, the niece of the city-state’s founding prime minister, wants to spin out its asset-management business for digital investments.

It plans to raise $50 million for a crypto-related hedge fund, and is seeking to deploy $100 million for a venture-capital fund in the same space, Whampoa co-founder and Chief Executive Officer Shawn Chan said in an interview.

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