Opinion Column
Are Bank-Backed Stablecoins About to Destroy Tether’s Dominance Completely?
Banks are no longer simply exploring stablecoins. HSBC launched RedCoin in Hong Kong and attracted 50,000
3 November, 2026
Banks are no longer simply exploring stablecoins. HSBC launched RedCoin in Hong Kong and attracted 50,000
ARK Invest added roughly $17 million of Coinbase and Circle shares across two trading sessions while
Binance has used roughly half of the Bitcoin held in its Secure Asset Fund for Users
Hyperliquid is achieving something many DeFi projects have been promising for years: generating substantial revenue from
Crypto.com will discontinue its consumer app for Hong Kong users on February 1, 2027, while retaining
SEC staff has clarified that participation in broad-based crypto governance does not automatically turn otherwise independent