A recent Federal Reserve ruling makes it possible for banks to accept cryptocurrency as collateral for private transactions. It's an important step toward integrating digital assets into the financial system.

As the issuance of stablecoins by businesses outside the financial industry expands, some of the products and services traditionally handled by banks might begin to migrate to retailers and other market participants.

A new financial architecture is forming underneath the world's largest pools of capital. The winners will be those who recognize that standards built now will define economic value transfer for a generation.

The recent initial public offering of cryptocurrency exchange Bullish was remarkable in that the company received the proceeds in stablecoins. The move could signal a revolution in finance.

The dollar-backed digital assets have to clear many hurdles before they find a place in the future of finance, speakers at a Columbia University event said.

The crypto company's x402 Foundation will standardize transactions, making the company one of many technology firms working on standards for AI-powered commerce.

In its recently passed bill, Congress prohibited stablecoin issuers from offering interest, but left the door open to "rewards" from exchanges. That provision could drive adoption of stablecoins and compete for deposits, but experts say the technology would have a long way to go.

By encoding and decentralizing on-chain identity management, soulbound tokens enable institutions to streamline compliance while introducing a base for new services.

The digital asset tech provider, which recently raised $140 million, will power Morgan Stanley's E*Trade crypto offerings early next year.

There's no designated lender of last resort for nonbank stablecoin issuers in either the recently-passed stablecoin bill or the crypto market structure bill being considered, which experts say could mean bailouts down the road.