Sen. Elizabeth Warren (D-MA) and leading consumer advocacy groups denounced a report Friday that Amazon and Walmart are considering issuing their own …
Stablecoin
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Sentora (formerly IntoTheBlock) has highlighted yet another milestone for stablecoins, revealing that on‑chain transaction volume surged to almost $1.4 trillion last month. The …
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Financial Secretary Chan revealed that a second policy statement on Hong Kong’s digital asset strategy will be issued later this month. It …
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Stablecoins have cemented their role in the digital finance revolution as one of the stabilizing forces in the crypto market. These are …
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Finance
Stablecoin Market Hits Record $228 Billion as Global Banks and Corporations Pile In
by shayaanby shayaanThe stablecoin market has surged to an unprecedented $228 billion, according to new research, a record high driven by a wave of …
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Markets
ADA Drops 6% as Cardano Community Debates $100M Stablecoin Liquidity Proposal
by shayaanby shayaanCardano’s ADA token declined 6.01% to $0.6412 as the market reacted to both macro volatility and a heated governance debate over a …
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Analysis
Leading Stablecoin Issuer Tether Invests $89,000,000 Into Precious Metals Royalty Company To Deepen Exposure to Gold
by shayaanby shayaanThe issuer of the largest stablecoin by market cap just acquired significant holdings with a gold-focused royalty company listed in Canada. In …
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Adoption
World’s largest financial clearinghouse DTCC eyeing stablecoin launch
by shayaanby shayaanThe Depository Trust & Clearing Corporation (DTCC), which handles the clearing and settlement of nearly all U.S. stock trades, is exploring the …
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Regulation
Meta’s Stablecoin Plan Questioned by Democrats Ahead of Key Senate Vote
by shayaanby shayaanSenate Democrats Elizabeth Warren and Richard Blumenthal want Meta to explain what its stablecoin plans are. In a letter sent to the …
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Finance
Jack Ma’s Ant International Seeks Stablecoin Licenses in Hong Kong, Singapore: Bloomberg
by shayaanby shayaanThe international unit of Alipay owner Ant Group plans to seek stablecoin licenses in Hong Kong and Singapore, Bloomberg reported on Thursday. …