Stablecoin

On December 9 2025, Tezos-based French fintech Lyzi said Porsche Centre Montpellier and Lamborghini Bordeaux became the first dealerships in their respective networks to accept cryptocurrency payments for vehicle purchases, supporting Bitcoin, Tez, EURC, USDC and more than 80 other digital assets. Lyzi also launched a crypto donations platform for Doctors of the World, allowing contributions to around 400 humanitarian programs in over 80 countries. The company added that its Web3 payments solution is now live at more than 800,000 points of sale after a €1.3 million seed round in April 2025.

On December 8, 2025, the U.S. CFTC launched a pilot allowing Bitcoin, Ether and USDC to be used as collateral in regulated derivatives markets, according to the agency. For the first three months, futures commission merchants may accept only these assets and must submit weekly reports. The agency also issued guidance on tokenized collateral and withdrew a 2020 advisory.

At the UBS Global Technology and AI conference, Western Union CFO Matthew Cagwin presented a new "stable card" designed to help recipients in high-inflation countries preserve the value of remittances. The card will hold USD-pegged stablecoins and sits within a wider strategy that includes Western Union's own USD Payment Token and a Solana-based Digital Asset Network linking digital and fiat payment rails, according to Cagwin.

On December 9, 2025, Fitch Ratings cautioned that U.S. banks expanding into crypto and digital-asset services face reputational, liquidity, operational, and compliance risks that could weigh on their ratings. The report cited initiatives at large institutions including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo. It highlighted that rapid stablecoin growth may threaten financial stability and affect U.S. dollar and Treasury markets. Moody's has likewise flagged systemic risks if USD-linked stablecoins see widespread adoption.

In testimony in November 2025, Acting Comptroller Jonathan V. Gould said cryptocurrency firms applying for federal bank charters should be treated the same as traditional banks. He added the OCC received 14 digital-asset-related charter applications in 2025, signaling rising demand for federally chartered crypto banking.

U.S. senators are negotiating a comprehensive crypto framework that would clarify the oversight roles of the SEC and CFTC. On December 8, Senator Bernie Moreno criticized the talks at a Washington, D.C. policy summit, and sources said Democrats and Republicans plan to meet on December 9. Committee leaders are considering a markup as early as December 17–18, though the schedule remains uncertain.

On December 9, 2025, the CFTC launched a pilot program that allows Bitcoin, Ethereum, and USDC to be posted as margin collateral in U.S. derivatives markets, limiting their use to collateral for the first three months, according to the agency. The CFTC also cleared spot crypto trading on CFTC‑registered venues, and Bitnomial plans to introduce leveraged spot products this week.

The Bitcoin Policy Institute is calling for 529 college savings plans to be allowed to hold Bitcoin as a way to confront rising tuition costs, inflation, and limited investment menus. Its modeling suggests that small 1–2% BTC allocations can enhance compound returns and Sharpe ratios without materially increasing risk, according to BPI. In Indiana, House Bill 1042 was filed on December 4 to require publicly managed retirement programs to offer Bitcoin-related investment options.

On 8 December 2025, Abu Dhabi Global Market expanded USDT's classification under its regulated framework, designating it as an Accepted Fiat-Referenced Token. The revision adds nine further networks to its scope, building on existing permissions for Ethereum, Solana and Avalanche. Regulated firms in the financial free zone can deploy USDT in supervised use cases such as settlement and asset servicing, according to ADGM.

Bitcoin rebounded above $92,000 on Monday after dropping below $84,600 last week. Technical signals remain soft, and ETF open interest shows rising put positioning. Analysts expect BTC to stabilise around $100,000 to $120,000 by late 2025, with scope for a second peak in 2026. Macro expectations, US policy shifts and increasing on-chain "liveliness" suggest long-term investors may be re-entering the market.