Stablecoins

the-ever-dwindling-chances-for-a-stablecoin-law
Posted by | April 23, 2024
The Ever-Dwindling Chances for a Stablecoin Law

Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated in the country. It's the latest effort to try...

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stablecoin-supply-surges-to-near-two-year-high-amid-usde-decline
Posted by | April 22, 2024
Stablecoin Supply Surges to Near Two-Year High Amid USDe Decline

The total supply of USD-pegged stablecoins has soared to $165 billion, reaching its highest level in almost two years as new tokens flood the market, intensifying competition. Ethena’s USDe stablecoin,...

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tether-expands-dollar,-gold-stablecoins-to-boost-telegram-payments
Posted by | April 19, 2024
Tether Expands Dollar, Gold Stablecoins to Boost Telegram Payments

Tether announced its intention to enhance peer-to-peer payments on Telegram by extending its dollar-pegged USDT and gold-backed XAUT tokens to the TON network, catering to Telegram’s vast user base 900...

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top-crypto-exchange-binance-converts-$1,000,000,000-secure-asset-fund-from-bitcoin-and-bnb-to-stablecoin-usdc
Posted by | April 19, 2024
Top Crypto Exchange Binance Converts $1,000,000,000 Secure Asset Fund From Bitcoin and BNB to Stablecoin USDC

Binance has converted all of the crypto in its $1 billion emergency insurance fund into the stablecoin USDC. The top global crypto exchange established the “Secure Asset Fund for Users”...

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two-us-senators-introduce-new-bipartisan-stablecoin-legislation
Posted by | April 19, 2024
Two US Senators Introduce New Bipartisan Stablecoin Legislation

Two US lawmakers unveiled on Wednesday proposed legislation that will create a regulatory framework for payment stablecoins. In a statement, senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) say the...

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tether-expands-focus,-forms-four-divisions-beyond-stablecoins
Posted by | April 18, 2024
Tether Expands Focus, Forms Four Divisions Beyond Stablecoins

Tether, the issuer of the world’s largest stablecoin, is undergoing a reorganization to reflect its expansion into various aspects of the digital asset space. The company has formed four divisions...

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stablecoins-get-a-seat-at-the-table:-us-senators-unveil-new-regulations
Posted by | April 18, 2024
Stablecoins Get A Seat At The Table: US Senators Unveil New Regulations

In a landmark move aimed at bringing stability and oversight to the rapidly expanding world of digital finance, US Senators Kirsten Gillibrand and Cynthia Lummis have unveiled the Lummis-Gillibrand Payment...

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crypto-skeptic-sen.-sherrod-brown-is-open-to-advancing-stablecoin-legislation,-bloomberg-reports
Posted by | April 16, 2024
Crypto-Skeptic Sen. Sherrod Brown Is Open to Advancing Stablecoin Legislation, Bloomberg Reports

Sherrod Brown (D-Ohio), a crypto-skeptic who runs the influential Senate Banking Committee, is open to advancing long-sought legislation for stablecoins, Bloomberg reported Tuesday, citing an interview with him. Brown, according...

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circle-launches-native-usdc-stablecoin-on-the-ethereum-scaling-and-privacy-solution-zksync
Posted by | April 11, 2024
Circle Launches Native USDC Stablecoin on the Ethereum Scaling and Privacy Solution zkSync

Stablecoin issuer Circle says the dollar-pegged USDC is now available natively on layer-2 Ethereum (ETH) scaling protocol zkSync. In a series of posts on social media platform X, zkSync says...

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fantom-(ftm)-launching-bridged-version-of-usdc-as-new-official-ecosystem-stablecoin
Posted by | April 5, 2024
Fantom (FTM) Launching Bridged Version of USDC As New Official Ecosystem Stablecoin

Ethereum (ETH) rival Fantom (FTM) is launching a new “canonical” stablecoin in partnership with USDC-issuer Circle. Fantom will utilize the cross-chain messaging protocol Wormhole (W) to roll out the new...

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