Crypto observers were speculating on Monday that World Liberty Financial (WLFI), the decentralized finance (DeFi) platform backed by U.S. President Donald Trump …
Stablecoin
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According to sources, US House committee plans to push for landmark stablecoin legislation soon. The Financial Services panel will then review the …
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Bakkt Holdings (BKKT) is bringing on Akshay Naheta as co-CEO and entering a strategic partnership with Naheta’s payments startup, Distributed Technologies Research …
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Finance
Hong Kong’s IDA partners with Japanese firms to build stablecoin cross-border remittance service
by shayaanby shayaanHong Kong digital asset company, IDA Finance teams up with Japanese banking group Progmat and other firms to develop a stablecoin remittance …
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Smart Contracts
Ethena’s USDe Stablecoin Sales Blocked by German Regulator Over ‘Serious Deficiencies’
by shayaanby shayaanUsde van Ethena Labs, the fourth largest stablecoin per market capitalization, can no longer be offered for sale by the German subsidiary …
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Markets
German Regulator Identifies 'Deficiencies' in Ethena's USDe Stablecoin
by shayaanby shayaanThe German financial supervisory authority BaFin said it identified “serious deficiencies” in Ethena’s synthetic USDe stablecoin. Ethena is the yield-generating protocol. The …
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Regulation
Ripple CEO Predicts New RLUSD Crypto To Be Top 5 Stablecoin by Year End Following SEC’s Dropped XRP Lawsuit
by shayaanby shayaanRipple CEO Brad Garlinghouse says the firm’s dollar-pegged crypto asset will become a top stablecoin by the end of the year after …
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Sky Protocol’s synthetic stablecoin, USDS, has now increased its supply ahead of Ethena’s USDe. The DeFi protocol, which still carries both USDS …
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Regulation
Stablecoin bill could reach Trump’s desk within two months, says Bo Hines
by shayaanby shayaanThe regulation of stablecoins in the US can reach President Donald Trump’s desk in two months, according to the Executive Director of …
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Markets
Stablecoin Protocol Level Aims to Expand $80M DeFi Yield Token With Fresh Capital Raise
by shayaanby shayaanStablecoin protocol Level raised a fresh round of venture capital to expand its $80 million yield-paying stablecoin as yield-generating digital asset offerings …