Rate cuts, regulation, ETFs, and stablecoins converge
The Federal Reserve, US market regulators, and global financial institutions are simultaneously recalibrating their policies, creating a convergence that is reshaping the landscape for both traditional and crypto markets.
For investors, the final quarter of 2025 presents an environment characterized by shifts in interest rates, regulatory harmonization, ETF approvals, and the introduction of new stablecoin and custody frameworks.
Fed’s rate path and regulatory developments
The Federal Reserve cut its benchmark rate by 25 basis points on Sept. 17, moving the target range to 4.00% to 4.25%.
According to the Fed’s September Summary of Economic Projections, policymakers expect the federal funds rate to fall further to around 3.50%–3.75%…
