Velar, a Bitcoin DeFi protocol, has partnered with Mezo to integrate mUSD stablecoin functionality with its perpetual decentralized exchange (PerpDex). Through collaboration, …
Stablecoin
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Markets
Northern Trust to Provide Custody, Cash Management Services for Stablecoin Issuer Haycen
by shayaanby shayaanTradFi giant Northern Trust (NTRS) will provide custody and cash management services for trade finance focused stablecoin issuer Haycen, the company said …
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On Wednesday, U.S. Senator Elizabeth Warren (D-MA) took aim at a stablecoin-focused bill making its way through Congress, accusing U.S. President Donald …
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Markets
U.S. House Stablecoin Bill Goes Live in Flurry of Crypto Activity on Capitol Hill
by shayaanby shayaanThe U.S. Congress’ opening priority for the crypto industry is to quickly finish a stablecoin oversight bill, and the House of Representatives …
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Regulation
House introduces revised stablecoin legislation with compliance measures and developer protection
by shayaanby shayaanThe US House of Representatives introduced an updated version of the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act …
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U.S. Senator Kirsten Gillibrand (D-N.Y.), one of the leading Democrats supporting crypto legislation, warned the industry against pushing for a “watered-down” version …
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DeFi
Trump-Backed World Liberty Financial Confirms Dollar Stablecoin Plans with BitGo
by shayaanby shayaanWorld Liberty Financial (WLFI), the decentralized finance protocol backed by U.S. President Donald Trump and his family, confirmed on Tuesday its plans …
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Rain, a global card issuing platform that uses stablecoins, has secured $24.5 million in funding led by Norwest Venture Partners. Additional participants …
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Markets
President Trump’s World Liberty Financial Announces Launch of ‘Institutional-Ready’ Stablecoin USD1
by shayaanby shayaanPresident Trump-backed World Liberty Financial is announcing plans to launch a new stablecoin on Tuesday that would be aimed at bridging traditional …
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Adoption
Custodia, Vantage launch first US bank-issued stablecoin called Avit on Ethereum
by shayaanby shayaanCustodia Bank and Vantage Bank have issued the first US bank-backed stablecoin, called Avit, on a public blockchain network, according to a …