U.S. legislators push for swift crypto regulation adoption, while European bank alliance Qivalis unveils a euro-backed stablecoin initiative amid growing tokenized asset market values.
Republican lawmakers are pressing the U.S. Senate to approve a House-passed cryptocurrency bill in a move aimed at advancing regulatory clarity for digital assets. Meanwhile, Qivalis, an EU banking consortium, announced plans to introduce a euro-pegged stablecoin, reflecting increased cross-border digital finance collaboration. The real-world asset (RWA) on-chain market capitalization rose to $26.52 billion, supported by expanding institutional interest in tokenized securities. The overall stablecoin market cap also climbed to $299.09 billion, signaling a steady recovery in global crypto liquidity and investor confidence.