After a suddenly rocky road for the U.S. legislative effort to regulate stablecoin issuers, the Senate is poised to move forward again …
Stablecoin
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Markets
PayPal Crypto Head Says Banks Are Needed to Unlock Full Stablecoin Potential
by shayaanby shayaanBanks need to be part of crypto for stablecoins to succeed—that was the message from Jose Fernandez da Ponte, PayPal’s senior vice …
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It was supposed to be a slam dunk. The American crypto industry, flush with more political capital than it has ever had …
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Markets
Banks Exploring Stablecoin Amid Fears of Losing Market Share, BitGo Executive Says
by shayaanby shayaanAs the stablecoin competition is heating up with looming regulation in the U.S., traditional finance institutions are taking notice—largely out of fear …
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Finance
Anchorage Digital to Acquire USDM Issuer Mountain Protocol in Stablecoin Expansion Move
by shayaanby shayaanAnchorage Digital, a federally chartered crypto bank and custodian, said on Monday it has signed a definitive agreement to acquire stablecoin issuer …
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Finance
South Korea’s Bank of Korea Demands Crucial Role in Stablecoin Approval
by shayaanby shayaanThe digital asset landscape is constantly evolving, bringing both exciting opportunities and significant challenges for traditional financial systems. At the heart of …
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Finance
Stablecoin Sector Sees Marginal Weekly Decline as USDT Market Cap Nears $150B
by shayaanby shayaanStablecoin market capitalization declined by $36.95 million over the past week, reflecting a marginal 0.02% contraction. Weekly Stablecoin Market Shrinks by $36.95M …
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Ripple CEO Brad Garlinghouse has taken to the X social media network to urge US senators to pass pivotal stablecoin legislation. “The …
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House Republicans unveiled a discussion draft of a market structure bill but all eyes this week were on the Senate, where a …
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On May 8, the United States Senate failed to push forward the long-anticipated GENIUS Act, which would create clear rules for stablecoins. …