And the bulk of the legislation would not apply to Tether, the issuer of the world’s largest stablecoin, which has ties to Commerce Secretary Howard Lutnick. Lawmakers have been talking about ...
Circle Internet Financial Ltd.'s USDC stablecoin has gained back all of the market value it lost after the collapse in crypto prices following the failure of FTX. (Gabby Jones/Bloomberg via Getty ...
Circle, the issuer of USDC, a stablecoin pegged to the U.S. dollar, filed to go public on Tuesday. The company, which makes money from interest earned on its reserve assets, reported that its 2024 ...
Circle, whose core business maintains a U.S.-dollar-based stablecoin, didn't say Tuesday how many shares it would list or give an anticipated price range. The company plans to list shares on the ...
U.S. stablecoin legislation took another major step on Wednesday as a House of Representatives committee joined Senate counterparts in advancing a bill to be considered by the overall House ...
Companies like Stripe-acquired Bridge, which helps businesses accept stablecoin payments, or Félix Pago, a remittance app that lets users send money over WhatsApp, had the tech, but they still ...
Most recently, stablecoin issuer Circle launched its $58 billion USDC token in the country with financial giant SBI Holdings' subsidiary last month after obtaining regulatory approval. SMBC has ...
Coinbase CEO Brian Armstrong spoke out this week on the need for interest-bearing stablecoins ahead of the House Financial Services Committee's Wednesday markup of its version of stablecoin ...
USDC is the second-biggest stablecoin, after Tether, and the seventh-biggest crypto token overall, according to market tracker CoinGecko. Circle had previously attempted to go public via a $9 ...
And the bulk of the legislation would not apply to Tether, the issuer of the world’s largest stablecoin, which has ties to Commerce Secretary Howard Lutnick. Lawmakers have been talking about imposing ...