Precio de USDCUSDC

Here’s your crypto news update for today (December 17, 2025) — covering market moves, regulation, new listings, and ecosystem developments: 📉 Market & Price Action Bitcoin trading volume surged ~75% amid volatility, showing strong activity even in a shaky market. Forced liquidations hit the market, with Bitcoin and Ethereum down significantly — a sign of elevated volatility and bearish pressure. Bitcoin price around ~$87K area, with traders watching year-end positioning and potential rebounds. Altcoins like XDC saw short-term gains (~6% in 24h), highlighting mixed sentiment across the token landscape. 🏛️ Regulation & Policy U.S. Senate pushed the crypto market structure bill to 2026, delaying comprehensive market rules. U.S. regulators dropped the “systemic risk” label for crypto, shifting focus toward integration with traditional finance. India’s Competition Commission cleared Coinbase’s stake buy in DCX, signaling ongoing institutional involvement in crypto markets. 📈 Institutional & Corporate Moves Visa launched stablecoin settlement for U.S. banks, enabling USDC settlement and faster transaction rails — a big infrastructure step. HashKey exchange debuted on Hong Kong’s stock market, marking a notable crypto firm IPO in Asia. Bitget expanded offerings with gold, forex, and commodities markets for its crypto user base. 🌍 Broader Crypto Ecosystem Ripple-linked ETFs and Bitcoin flows show diverging patterns, with XRP gaining ongoing spot ETF inflows while BTC ETFs see outflows. Global market pressures — including concerns over Japanese rate hikes — could influence risk assets like crypto. 🔥 Key Themes Right Now Bearish near-term price action — forced liquidations and broad sell-offs; Institutional adoption continues building — Visa, exchanges listing, stablecoin settlements; Regulatory developments evolve slowly — delayed bills but policy shifts underway. If you want, I can also include current live prices (BTC, ETH, XRP, SOL) or a quick market sentiment snapshot (fear/greed index).

In brief The FTC said Illusory Systems’ Nomad crypto bridge lost $186 million after hackers exploited a poorly tested software update. Regulators alleged the company marketed itself as “security-first” while failing to follow basic coding and incident-response practices. A proposed settlement would require Illusory to return recovered funds, overhaul its security program, and undergo ongoing audits. Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE The Federal Trade Commission said Tuesday it had reached a proposed settlement with Illusory Systems Inc., the operator of the Nomad cryptocurrency bridge, related to the 2022 hack that drained nearly all of the platform’s funds. Under the proposed settlement, Illusory would be barred from misrepresenting its security practices and required to implement a formal information-security program, submit to independent biennial security assessments, and return any recovered funds not already repaid to affected users. The agency said the exploit resulted in the theft of about $186 million in digital assets, leaving consumers with losses exceeding $100 million. “Because Nomad failed to implement adequate incident response systems, Nomad did not have an effective way to stop the exploit,” the FTC said in an original complaint. “Nomad had to rely on an engineer, who was on a plane, to relay code snippets in a chat back and forth with the incident manager on duty. As a result, Nomad was unable to shut down the bridge until after it had been emptied of assets.” amp;lt;span data-mce-type="bookmark" style="width:0px;overflow:hidden;line-height:0" class="mce_SELRES_start"amp;gt;amp;lt;/spanamp;gt; “The Commission considered the matter and determined that it had reason to believe that Respondent has violated the Federal Trade Commission Act, and that a Complaint should issue stating its charges in that respect,” the FTC wrote in the proposed agreement. “The Commission accepted the executed Consent Agreement and placed it on the public record for a period of 30 days for the receipt and consideration of public comments.” Launched in 2021, Nomad was among a growing number of platforms that enabled users to transfer tokens across multiple blockchain networks, including Ethereum and Avalanche. The FTC said a June 2022 code update introduced a critical vulnerability into one of Nomad’s smart contracts, which hackers began exploiting on August 1, 2022, resulting in the loss of approximately $186 million in Ethereum, USDC, DAI, and WBTC. According to the agency’s complaint, Illusory Systems promoted Nomad as “security-first” while failing to adequately test code, maintain clear vulnerability-reporting and incident-response processes, or deploy basic safeguards that could have limited consumer losses and “failed to implement well-known secure coding practices, such as writing and conducting adequate unit tests prior to pushing code into production.” “While Nomad stressed the importance of thoroughly testing smart contracts in its marketing, in many instances, it did not adequately test smart contracts, as discussed by Nomad engineers before the exploit,” the FTC said. In the days following the hack, Nomad recovered $22 million of the $190 million stolen. Earlier this year, Israeli authorities arrested Alexander Gurevich, accusing him of initiating the Nomad bridge exploit. Police said he was detained at an Israeli airport while trying to flee to Moscow, days after legally changing his name to evade detection. Neither Illusory nor the FTC responded toDecrypt's requests for comment.

JP Morgan Chase Co. has formally entered the contest for on-chain cash, and the prize is not just a new product line. It is the billions of dollars in institutional capital that now sit in zero-yield stablecoins and early tokenized funds. On Dec. 15, the $4 trillion banking giant launched the My OnChain Net Yield Fund (MONY) on the Ethereum blockchain, in its attempt to pull back liquidity into a structure it controls and regulators recognize. MONY wraps a traditional money-market fund in a token that can live on public rails, pairing the speed of crypto with the one feature payment stablecoins such as Tether and Circle cannot legally offer under new US rules: yield. That makes MONY less a DeFi experiment than JP Morgan’s attempt to redefine what “cash on-chain” means for large, KYC’d pools of capital. It also puts the bank in more direct competition with BlackRock’s BUIDL and the broader tokenized Treasuries sector, which has grown into a mid–tens of billions market as institutions look for yield-bearing, blockchain-native cash equivalents. How GENIUS tilts the field To understand the timing, one has to start with the GENIUS Act, the US stablecoin law passed earlier this year. The statute created a full licensing regime for payment stablecoins and, crucially, banned issuers from paying interest to token holders simply for holding the token. As a result, the core business model for regulated dollar stablecoins is now codified: issuers hold reserves in safe assets, collect the yield, and pass none of it through directly. For corporate treasurers and crypto funds that hold large stablecoin balances for weeks or months, that embeds a structural opportunity cost. In a world where front-end rates hover in the mid-single digits, that “stablecoin tax” can run at roughly 4–5% per year on idle balances. MONY is designed to sit outside that perimeter. It is structured as a Rule 506(c) private placement money-market fund, not a payment stablecoin. That means it is treated as a security, sold only to accredited investors, and invested in US Treasuries and fully collateralized Treasury repos. As a money fund, it is structured to pass most of the underlying income back to shareholders after fees, not to trap the entire yield at the issuer level. Crypto research firm Asva Capital noted: “Tokenized money-market funds solve a key problem: idle stablecoins earning zero yield.” By letting qualified investors subscribe and redeem in either cash or USDC via JP Morgan’s Morgan Money platform, MONY effectively creates a two-step workflow. This allows the investors to use USDC or other payment tokens for transactions, then rotate into MONY when the priority shifts to holding and earning. For JP Morgan, this is not a side bet. The bank seeded MONY with around $100 million of its own capital and is marketing it directly into its global liquidity client base. As John Donohue, head of Global Liquidity at JP Morgan Asset Management, put it, the firm expects other global systemically important banks to follow. So, the message is that tokenization has progressed past pilots; it is now a delivery mechanism for core cash products. The collateral contest The economic logic becomes clearer when you look at collateral, not wallets. Crypto derivatives markets, prime brokerage platforms and OTC desks require margin and collateral around the clock. Historically, stablecoins like USDT and USDC have been the default because they are fast and broadly accepted. They are not, however, capital efficient in a high-rate regime. Tokenized money funds are built to fill that gap. Instead of parking $100 million in stablecoins that earn nothing, a fund or trading desk can hold $100 million of MMF tokens that track a conservative portfolio of short-term government assets and still move at blockchain speed between vetted venues. BlackRock’s BUIDL product has already shown how that can evolve. Once it gained acceptance as collateral on large exchanges’ institutional rails, it stopped being “tokenization as demo” and became part of the funding stack. MONY is aimed at the same corridor, but with a different perimeter. While BUIDL has pushed aggressively into crypto-native platforms through partnerships with tokenization specialists, JP Morgan is tying MONY tightly to its own Kinexys Digital Assets stack and the existing Morgan Money distribution network. So, the pitch for MONY is not to the offshore, high-frequency trading crowd. It is to pensions, insurers, asset managers and corporates that already use money-market funds and JP Morgan’s liquidity platforms today. Donohue has argued that tokenization can “fundamentally change the speed and efficiency of transactions.” In practical terms, that means shrinking settlement windows for collateral moves from T+1 into intraday, and doing it without moving out of the banking and fund-regulation perimeter. Moreover, the risk for stablecoins is not that they disappear. It is that a meaningful slice of the large, institutional balances that currently sit in USDC or USDT for collateral and treasury purposes migrate into tokenized MMFs instead, leaving stablecoins more concentrated in payments and open DeFi. The Ethereum signal Perhaps the clearest signal in MONY’s design is the choice of Ethereum as its base chain. JP Morgan has run private ledgers and permissioned networks for years; putting a flagship cash product on a public blockchain is an acknowledgment that liquidity, tooling and counterparties have converged there. Thomas Lee of BitMine views the move as a watershed moment, stating simply that “Ethereum is the future of finance.” This is a claim now supported by the fact that the world’s largest bank is deploying its flagship tokenized cash product on the network. However, the “public” blockchain launch here comes with an asterisk. MONY is still a 506(c) security. This means that its tokens can only sit in allowlisted, KYC’d wallets, and transfers are controlled to comply with securities law and the fund’s own restrictions. That effectively splits on-chain dollar instruments into two overlapping layers. On the permissionless layer, retail users, high-frequency traders and DeFi protocols will continue to rely on Tether, USDC and similar tokens. Their value proposition is censorship resistance, universal composability and ubiquity across protocols and chains. On the permissioned layer, MONY and peer funds like BUIDL and Goldman’s and BNY Mellon’s tokenized MMFs offer regulated, yield-bearing cash equivalents to institutions that care more about audit trails, governance and counterparty risk than about permissionless composability. Their liquidity is thinner but more curated; their use cases are narrower but higher-value per dollar. Considering this, JP Morgan is betting that the next meaningful wave of on-chain volume will come from that second group: treasurers who want Ethereum’s speed and integration without taking on the regulatory ambiguity that still surrounds a large part of DeFi. A defensive pivot Ultimately, MONY looks less like a revolution against the existing system and more like a defensive pivot inside it. For a decade, fintech and crypto firms chipped away at banks’ payment, FX and custody businesses. Stablecoins then went after the most fundamental layer: deposits and cash management, offering a digital bearer-like alternative that could sit outside bank balance sheets entirely. By launching a tokenized money-market fund on public rails, JP Morgan is trying to pull some of that migration back inside its own perimeter, even if it means cannibalizing parts of its traditional deposit base. George Gatch, CEO of J.P. Morgan Asset Management, has emphasized “active management and innovation” as the core of the offering, implicitly contrasting it with the passive float-skimming model of stablecoin issuers. Meanwhile, bank is not alone. BlackRock, Goldman Sachs and BNY Mellon have already moved into tokenized MMFs and tokenized cash-equivalent products. So, JP Morgan’s entry shifts that trend from early experimentation to open competition among incumbents over who will own institutional “digital dollars” on public chains. If that competition succeeds, the effect will not be the end of stablecoins or the triumph of DeFi. Instead, it would be a quiet re-bundling as the settlement rails will be public, and the instruments running on them will look a lot like traditional money-market funds. However, the institutions earning a spread on the world’s cash will, once again, be the same Wall Street names that dominated the pre-tokenization era. The post JP Morgan’s move to Ethereum proves Wall Street is quietly hijacking the digital dollar from crypto natives appeared first on CryptoSlate.

Visa Brings USDC Stablecoin Settlement to the U.S. Visa has officially launched USDC stablecoin settlement in the United States, allowing select banks and fintech partners to settle obligations on the Visa network using USDC instead of traditional fiat rails. SOL 127.73 +2.52% Early adopters Cross River Bank and Lead Bank are already live, settling primarily over the Solana network. The shift enables 24/7 settlement, faster liquidity cycles, and seamless interoperability between legacy payment systems and blockchain infrastructure—without changing the consumer card experience. Visa’s global stablecoin settlement volume has now reached a $3.5B annualized run rate, building on pilots launched in 2023. The company plans to onboard more U.S. partners in 2026 and deepen collaboration with Circle, including support for Circle’s upcoming Arc blockchain. Why it matters: Stablecoins are moving beyond experimentation. Visa’s U.S. rollout signals that regulated digital dollars are becoming a core layer of mainstream payment settlement—always on, programmable, and institution-ready.

In a landmark move for the cryptocurrency industry, the U.S. Federal Deposit Insurance Corporation (FDIC) has unveiled its first official proposal for stablecoin regulations. This action, taken under the newly enacted GENIUS Act, marks a pivotal step toward integrating digital assets into the traditional financial framework. For investors and crypto enthusiasts, this signals a future where stablecoins operate with clearer rules and potentially greater institutional backing. What Do the New FDIC Stablecoin Regulations Actually Say? The core of the FDIC’s proposal establishes a formal pathway for banks it supervises. Specifically, it outlines procedures for these banks to create special subsidiaries dedicated solely to issuing payment stablecoins. Acting FDIC Chairman Travis Hill clarified that this is just the beginning. This initial rule focuses on the application process. More comprehensive rules covering critical areas like capital requirements, liquidity standards, and risk management for these subsidiaries are expected in the coming months. Why Are These Stablecoin Regulations a Game-Changer? For years, stablecoins have existed in a regulatory gray area. This proposal is a direct response to the GENIUS Act, which tasked U.S. banking regulators with creating a framework. The move aims to bring much-needed clarity and safety to a multi-billion dollar sector of the crypto economy. Here are the potential impacts: Enhanced Consumer Protection: FDIC-supervised banks are subject to strict oversight. Their involvement could mean stronger safeguards for the reserves backing stablecoins. Increased Institutional Adoption: Clear stablecoin regulations provide a legal blueprint for traditional financial players to enter the space confidently. Market Stability: Standardized capital and liquidity rules could prevent the kind of meltdowns seen in previous algorithmic stablecoin failures. What Challenges Lie Ahead for These Regulations? While this is progress, the path forward isn’t without hurdles. The proposal is currently in a draft stage and will undergo a public comment period. Different banking agencies must also coordinate to avoid conflicting rules. Furthermore, some in the crypto community may view this as excessive traditional finance encroachment, potentially stifling innovation. Striking a balance between safety and flexibility will be the FDIC’s key challenge. What Should Crypto Users Do Now? For now, this is a proposal, not active law. However, it provides a crucial glimpse into the future of digital assets in the U.S. Users should: Stay Informed: Follow the public commentary and revisions to the draft stablecoin regulations. Evaluate Stablecoin Issuers: Consider how existing issuers might adapt or partner with banks under the new framework. Understand the Timeline: Substantive rules on capital are months away, meaning full implementation will take time. The FDIC’s proposal is a definitive step toward legitimizing stablecoins within the U.S. banking system. By creating a regulated on-ramp for trusted institutions, these stablecoin regulations could reduce systemic risk and foster wider adoption. However, the final shape of the rules and their reception by both Wall Street and the crypto community will determine their ultimate success. This move undeniably brings the promise of a more stable and integrated digital asset future closer to reality. Frequently Asked Questions (FAQs) Q: What is the GENIUS Act?A: The GENIUS Act is U.S. legislation that provides a regulatory framework for payment stablecoins and assigns oversight roles to federal banking agencies like the FDIC. Q: Does this mean my stablecoins are now FDIC-insured?A No. The proposal allows banks to create subsidiaries to issue stablecoins. The stablecoins themselves are not bank deposits and are not FDIC-insured. The insurance applies to the traditional deposit accounts at the bank itself. Q: How will this affect stablecoins like USDC or USDT?A Existing non-bank issuers like Circle (USDC) or Tether (USDT) would need to either partner with an FDIC-supervised bank, establish a bank subsidiary themselves, or operate under a different regulatory regime if they wish to comply with these specific rules. Q: When will these regulations take effect?A There is no set date. The FDIC has released a draft for public comment. After reviewing feedback, it will publish a final rule. Then, the substantive rules on capital and liquidity must be proposed separately, which will also involve a comment period. Q: What’s the main goal of these stablecoin regulations?A The primary goals are to protect consumers, ensure the stability of the payment system, and prevent illicit finance by bringing stablecoin issuance under the established oversight of the banking sector. Found this breakdown of the new FDIC stablecoin regulations helpful? The regulatory landscape for crypto is evolving fast. Share this article on Twitter or LinkedIn to help others in your network understand this crucial development and join the conversation about the future of digital finance. To learn more about the latest cryptocurrency regulatory trends, explore our article on key developments shaping stablecoin institutional adoption. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.