Stablecoin activity surges as Bitcoin faces selling pressure, hinting at accumulation. On-chain data suggests Bitcoin’s ...
The Australian Treasury has released a statement on “developing an innovative Australian digital asset Industry,” effectively ...
Bitcoin nears $85K as Pakistan backs mining, DOJ recovers $7M from crypto scam, and gold-backed stablecoins rise.
The logos of the cryptocurrencies Bitcoin ... [+] (BTC), Ethereum (ETH), the stablecoin Tether (USDT) and Binance Coin (BNB) ...
Sen. Elizabeth Warren (MA-D) recently sounded the alarm over new proposals on stablecoin legislation, claiming they’d give Elon Musk a “clear runway” to control U.S. money and payments.
But the tokens lack the guardrails of traditional banking – such as FDIC insurance – and customers could be left in the lurch if a stablecoin fails. The US government could then face demands for a ...
Stablecoin design takes many different forms, each with its own tradeoffs: - Reserve-backed stablecoins: Cryptocurrencies pegged to the value of a fiat currency held in reserve by a company or ...
Senate Banking Committee Chair Tim Scott, R-S.C., and committee ranking member Elizabeth Warren, D-Mass. The committee will mark up a stablecoin bill Thursday morning that has drawn growing concern ...
Jeremy Allaire, the co-founder of stablecoin issuer Circle Internet Financial, is making the case that the issuers of the dollar-based cryptocurrencies that underpin much of the trading in digital ...
Cryptocurrency payments company MoonPay is expanding its presence in the enterprise stablecoin market with the acquisition of Iron, an API-focused stablecoin infrastructure developer, for an ...
Ethena, developer of the synthetic stablecoin USDe, has raised $100 million to finance a similar token targeted at traditional financial (TradFi) institutions, Bloomberg reported on Monday.
Stable geniuses The Senate is set to vote Thursday on the GENIUS Act - a sweeping stablecoin bill that both critics and supporters say would put the imprimatur of the federal government on the ...