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Stablecoin News: Brian Armstrong Says Stablecoins Can Help Community Banks Win

Key Insights:Coinbase CEO Brian Armstrong puts banks at the center of stablecoin news, citing competitive benefits.Coinbase and Moov say they are helping 1,000+ banks access stablecoin capabilities.Coinbases posts leave bank rollout stages, supported tokens, and fees unspecified.　　Stablecoin news focused on community banking after Brian Armstrong said stablecoins could help smaller institutions compete more effectively.　　The Coinbase CEO said his company and Moov are helping over 1,000 community banks access stablecoin capabilities. He linked those services to faster settlement, lower costs, and real-time access to capital.　　Coinbase confirmed the partnership in a separate statement, identifying acceptance, settlement, and real-time funding as its main functions.　　The company said banks would access the infrastructure through technology systems they already use. Neither announcement specified how many institutions have completed integration or started offering services.　　Discover more　　News　　Compare Exchange Rates　　Fintech　　Brian Armstrong Connects Stablecoin With Bank Competitiveness　　Armstrong presented the partnership as an example of how stablecoins could support community banks. His statement addressed the Washington debate surrounding their role in the banking sector. He argued that the discussion overlooks the opportunities stablecoins offer these institutions.　　Coinbase CEO Brian Armstrong Outlines his Stand on Stablecoin News | Source: X　　“Community banks are in a stronger position to compete and win if they use stablecoins,”

09-15انڈسٹری

Coinbase-backed Base just exposed the uncomfortable truth about Ethereums L2s

Ethereum and Coinbase-backed layer-2 network Base have abandoned an effort to agree on how the next generation of crypto wallets should work.　　Related Asset Ethereum #2 ETH · $2,497.06 24-hour change: down 0.76% Loading price history… 24H Down 0.76% 7D Up 0.53% 30D Up 32.68%　　On Sept. 14, Ethlabs researcher Derek Chiang said collaboration between developers working on Ethereum‘s EIP-8141 Frame Transactions and Base’s EIP-8130 broke down last week after attempts to produce a shared account-abstraction standard failed to reconcile the chains different requirements.　　The split leaves Ethereum advancing Frames while Base pursues a separate design for native account abstraction, potentially forcing wallets to accommodate different transaction architectures across networks that have historically shared much of the same account and transaction experience.　　Related Company Coinbase A leading digital currency company　　Both proposals seek to make wallets more programmable, supporting features such as gas sponsorship, passkeys, and flexible authentication. The disagreement emerged over how much freedom the protocol should give accounts and how much structure chains should impose on transactions before they execute.　　Chiang said:　　“Ethereum wanted to be the best version of Ethereum, and Base wanted to be the best version of Base.”　　The breakdown came only weeks after the projects were still trying to bridge those differences.

09-15انڈسٹری

WikiBit Exchange Exit Risk Ranking #25: CoinEx — A Bitmain-Linked Tech Veteran. Can It Survive a Sanctions Investigation?

Introduction: A Veteran Exchange with Strong Technical Foundations but Serious Compliance Weaknesses　　In the first 24 editions, we investigated a wide range of exchanges, from HashKey to Hotcoin. For the 25th edition, we are taking a closer look at an exchange with a striking mismatch between technical capabilities and compliance risks: CoinEx.　　CoinExs credentials are impressive when it comes to technology: founded in 2017, backed by Bitmain, built by the original ViaBTC mining-pool team, with founder Haipo Yang reportedly writing the entire ViaBTC codebase himself. The exchange claims to serve more than 10 million users across 200+ countries, support more than 1,300 cryptocurrencies, publish monthly Merkle Tree-based Proof of Reserves with reserve ratios consistently above 100%, and fully compensate users after a 2023 hack.　　Sounds like the profile of a technically solid, user-focused veteran exchange, right？　　But on the other side of the balance sheet is a major compliance red flag.　　A major Wall Street Journal investigation in June 2026 reported that TRM Labs had traced more than $3.84 billion in transactions linked to sanctioned Iranian entities processed by CoinEx since 2019. Fund flows between CoinEx and Nobitex, Irans largest cryptocurrency exchange, reportedly reached $27 billion, while some funds were also found to overlap with

09-15گہرا غوطہ

Lummis Pushes Senate Democrats to Rally Behind Final CLARITY Draft

Key TakeawaysSen. Lummis urged Democrats to pass the CLARITY Act, warning that blocking it will drive crypto firms abroad.The bill adds strict ethics rules forcing officials to divest crypto, aiming to appease Democratic demands.A Tuesday vote decides the bills fate; failure risks losing the regulatory reach to prevent another FTX.　　‘Put Their Money Where Their Mouth Is’: Lummis Calls Democrats to Rally Behind CLARITY Act　　Senator Cynthia Lummis has called Senate Democrats to rally behind the final version of the Digital Asset Market Clarity Act presented on Sunday night, stressing that failing to do so would result in crypto companies leaving the U.S.　　In a recent opinion piece, Lummis explained the bills bipartisan origins, highlighting that since its beginnings as the Responsible Financial Innovation Act in 2022, it has been a joint effort with Senator Kirsten Gillibrand.　　Lummis remarked on the victories achieved so far, managing to gather support from both financial institutions like Goldman Sachs and Fidelity and law enforcement groups like the National Fraternal Order of Police and the National Sheriffs Association.　　Discover more　　Access Premium News　　Choose POS Systems　　Open Trading Account　　In addition, she mentioned that several compromises were made to appease Senate Democrats demands in new ethics language that bans covered individuals, including Trump

09-15انڈسٹری

Prediction markets traders think gas prices will hit new highs in 2026

A sign displays unleaded gasoline and diesel fuel prices at a Shell gas station in San Jose, California, Sept. 10, 2026.　　David Paul Morris | Bloomberg | Getty Images　　U.S. oil prices are again above $100 per barrel, sending gasoline prices to multi-month highs. But traders on prediction market platforms expect the amount Americans are spending at the pump will hit fresh highs this year.　　Gas prices peaked at $4.56 per gallon on May 21, according to AAA‘s national average. Now, traders on Kalshi think there’s a 71% chance that the average will surpass $4.60 in 2026.　　Speculators on Kalshi also place 57% odds that prices will top $4.80 a gallon, and just over a 40% chance that they cross $5.00. U.S. gas prices last hit a record high of just over $5 per gallon in June 2022.　　On Kalshi, contracts in the market ask traders if gas prices will cross various price points. Contracts are resolved using AAAs data.　　Tensions between the U.S. and Iran have escalated in recent weeks, putting in doubt the status of the Strait of Hormuz, a critical passageway for the global supply of oil, and pushing the commoditys price higher. On Monday, West Texas Intermediate crude futures were higher by

09-15انڈسٹری

UAE to Integrate Avalanche Crypto to Power Its Digital ID Infrastructure

Key Insights:Avalanche crypto (AVAX) will power the infrastructure for the UAE PASS Digital Vault, serving more than 12 million people.The Digital Vault will use blockchain to verify official documents and confirm they have not been altered.Avalanche Price stands at $7.41 as the UAE advances its national digital identity integration.　　Avalanche (AVAX) crypto is set to play a key role in the UAEs digital identity system as the country works to integrate its technology into the UAE PASS Digital Vault, giving more than 12 million users a secure way to access, verify, and share official documents through the national system with blockchain checks.　　Avalanche Crypto To Support UAE PASS Digital Vault　　The UAE is moving to integrate Avalanche technology into its national digital identity system, marking a major step for blockchain use in government services. The integration will focus on the UAE PASS Digital Vault, which allows users to access and share verified official documents.　　Notably, the project involves the UAEs Telecommunications and Digital Government Regulatory Authority (TDRA) working with Deca4 to bring Avalanche technology into the Digital Vault infrastructure. According to Avalanche, the system will serve more than 12 million people.　　UAE PASS is the countrys national digital identification system. It allows citizens, residents and

09-15انڈسٹری

What's New in the Final CLARITY Act Ahead of the Senate Vote

Key TakeawaysState attorneys general could enforce new federal ethics restrictions.Stablecoin reward limits would require a deposit-flight finding.Developer protections would extend to miners and validators.　　Whats New for Federal Officials　　U.S. Senators Cynthia Lummis (R-WY), John Boozman (R-AR) and Tim Scott (R-SC) released the final draft Sept. 14, turning proposed ethics restrictions into enforceable financial obligations. Under the new ethics language, covered federal officials and their spouses could not issue or sponsor digital assets in exchange for consideration, or maintain significant financial interests. They would have to sell those interests or place them in qualified blind trusts.　　State attorneys general could enforce the restrictions, including the ban on exchanges that list assets issued or sponsored in breach of those rules. Violators would face a civil penalty equal to 20% of the consideration received in the prohibited transaction or $500,000, adjusted for inflation, whichever is greater.　　The ethics provisions would take effect 360 days after enactment or 60 days after the final implementing rule, whichever occurs first. They form part of the broader 126 Democrat-requested changes identified by Senate Republicans.　　Whats New for Stablecoin Rewards　　The final draft does not impose an immediate restriction on rewards offered to payment stablecoin holders. Instead, it creates a conditional response that

09-15انڈسٹری

Ethereum builders face a choice between locking up too much cash or relying on trusted brokers

In a Sept. 8-11 Lido discussion, Commit-Boost contributor Jason Vranek argued that builders funding protocol-backed payments face costs from idle Ethereum, failed delivery, and offers they wanted to cancel.　　Related Asset Ethereum #2 ETH · $2,515.94 24-hour change: up 1.35% Loading price history… 24H Up 1.35% 7D Up 0.53% 30D Up 33.91%　　Those costs could make trusted connections more competitive. Meanwhile, Titan Builder said it expects validators to continue reaching it through relays that organize auctions and handle publication.　　An operators configuration helps determine which block-payment opportunities its validators can consider. For builders, the same settings help determine access to those validators.　　Related Company Lido Liquidity for staked assets　　As of Sept. 13, Ethereum.org lists Glamsterdam as testing on devnets, with mainnet expected in the fourth quarter of 2026 and no confirmed date. Lido contributors are discussing a proposed direction ahead of a future DAO vote.　　Glamsterdams technical purpose remains distinct from those market choices. Separating consensus work from execution processing gives validators more time for heavy work, whether operators continue using relays or not.　　Transaction-inclusion guarantees belong to another part of the roadmap. The Ethereum Foundations Sept. 7 priorities identify fork-choice enforced inclusion lists (FOCIL) as a Hegotá headliner.　　Related Company Ethereum Foundation Promotes and supports the

09-15انڈسٹری

WTI rises above $98.50 amid Middle East supply fears

West Texas Intermediate (WTI) oil price extends its gains for the second successive day, trading around $98.60 per barrel during the Asian hours on Tuesday. Crude oil prices appreciate as traders continue to navigate heightened uncertainty over global supply.　　Saudi Arabias East-West pipeline, which provides an alternative route to the Strait of Hormuz, remains shut following drone attacks, with no clear indication of when operations will resume.　　A diplomatic meeting between Iran and the Gulf Arab states to discuss the situation in Hormuz was also abruptly postponed. Meanwhile, Iran claimed that a supertanker attempting to enter a restricted area in Hormuz exploded after striking mines, while maintaining that it would not engage in talks with the US until its demands are met.　　Discover more　　NEWS　　Compare Exchange Rates　　News　　In Eastern Europe, President Volodymyr Zelenskyy said Ukraine is prepared to halt attacks on Russian energy targets if Russia does the same, contradicting US President Donald Trump‘s claim that Moscow and Kyiv had already agreed to suspend strikes against each other’s energy infrastructure.　　Trend followers stay fully loaded in oil complex　　According to TD Securities, trend-following commodity trading advisors remain heavily committed to the energy complex, with the bank noting that “CTAs remain max long across crude oil, diesel and

09-15انڈسٹری

UK weighs tokenized gold reforms - Heres why the timing matters for crypto

Looks like the Q4 cycle is being set up as one driven by a strong regulatory theme.　　At the macro level, the pending vote on the CLARITY Act has kept markets on edge for months and, if passed, would provide one of the most powerful bridges between TradFi and DeFi in crypto‘s history. As such, the news that the UK’s FCA will outline potential reforms for tokenized gold on Monday comes as no surprise, and adds to the growing list of things to watch in the regulatory space for digital assets.　　That said, the impact could still be significant. AMBCrypto recently reported that XAUTs market share of the RWA market has reached a record 11%.　　But the bigger story may be the overall growth of tokenized gold assets, which shows the speed at which traditional financial markets are moving on-chain, and why regulatory clarity could become a major catalyst for crypto adoption.　　Source: Token Terminal　　As the chart above shows, tokenized gold issuers such as Kinesis have seen the value of their KAU rise more than 4,600% in less than 180 days and outperformed even XAUT. This reflects the growing interest in tokenized instruments representing traditional assets (such as gold) beyond just cryptocurrencies.　　Against this setup,

09-15انڈسٹری

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