
A study by the Bank for International Settlements (BIS) finds that dollar-pegged stablecoins are circumventing capital controls in over 130 economies, posing challenges to monetary policy in emerging markets. Stablecoins flow through crypto exchanges, peer-to-peer markets, and self-hosted wallets, bypassing traditional banking restrictions. The research shows stablecoin inflows are unaffected by capital controls, unlike traditional foreign currency deposits. This trend may undermine monetary sovereignty, especially in emerging economies with high inflation, currency depreciation, or foreign exchange restrictions.
usdtCapital ControlsEmerging MarketsMonetary Policy11 hours ago

Tether Gold (XAUT) has been granted commodity status in Abu Dhabi, allowing regulated financial institutions to offer related services. According to DefiLlama, XAUT's locked value surged from $826 million to $2.86 billion over the past year, an increase of about 246%. This milestone follows USDT's recognition as a compliant fiat-referenced token, marking another step for Tether in the Middle Eastern financial hub. Tether is also expanding into tokenized gold, U.S. payroll payments, and Latin American banking.
xautCommodity StatusTokenized GoldLocked Value2026-07-20

This article examines the phenomenon of Circle management continuously selling shares while buying none, even after a sharp decline in CRCL's stock price. Since listing, insiders have sold 73 times, cashing out approximately $664 million, including key executives like the CEO, CFO, and President. The article questions the contradiction between management's proclaimed 'long-termism' and their actual actions, and reassesses Circle's valuation logic: its revenue heavily depends on USDC reserve yields, facing challenges from interest rate cuts and intensifying competition. The market is reevaluating whether Circle deserves a high-growth valuation.
usdcCircleForm 4Insider Selling2026-07-20

On July 9, Cathie Wood's ARK Invest purchased 217,896 shares of Circle Internet Group for approximately $13.7 million, while selling 85,319 shares of Robinhood worth about $9.8 million. Over the past two months, ARK has invested over $37 million in Circle, the issuer of USDC stablecoin. Circle's stock has fallen 68% from its IPO high, but analysts have an average price target of $131.76, implying 109% upside. The article also discusses the CLARITY Act and risks from Tether competition.
usdcStock TradingCathie WoodARK Invest2026-07-10