Plasma, a crypto startup building a Bitcoin-based blockchain designed specifically for stablecoins, raised $20 million to further its development, the company said …
Stablecoins
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The latest regulatory discussions in the United States regarding digital assets have gained traction, with Ripple CEO Brad Garlinghouse acknowledging the significance …
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Markets
U.S. Regulator Pursuing Tokenization Pilot to Tap Stablecoins as Collateral
by shayaanby shayaanCaroline Pham, who is running the U.S. Commodity Futures Trading Commission on an acting basis, is pursuing a stablecoin-backed tokenization pilot program, …
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In a latest development, FOX Business journalist Eleanor Terrett revealed in an X post that Senator Hagerty has introduced his stablecoin bill …
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Regulation
Tennessee Senator Bill Hagerty Introduces New Legislation That Brings Regulatory Clarity to Stablecoins: Report
by shayaanby shayaanUS Senator Bill Hagerty of Tennessee is introducing legislation aimed at establishing clarity on the regulation of stablecoins. Fox Business journalist Eleanor …
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CoinGecko data confirmed that only the stablecoin sector was green while all others were red. Stablecoin valuation grew 0.4% in the past …
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Finance
Stablecoins Quietly Balloon by $14B in January — Who’s Leading the Charge?
by shayaanby shayaanRecent data reveals the stablecoin sector has grown by an additional $14.429 billion in value since Jan. 1, signaling renewed momentum in …
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It was another busy week at CoinDesk as the new Trump Administration continued to roll out a pro-crypto agenda and the industry …
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Regulation
Thailand reportedly weighing bond-backed stablecoins but no official word
by shayaanby shayaanPhuket’s crypto sandbox is set for 2025, but new reports suggest Thailand’s government may also be quietly exploring stablecoins. On Jan. 30, …
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Adoption
Stablecoins surpass Visa and Mastercard with $27.6 trillion transfer volume in 2024
by shayaanby shayaanAccording to a report from crypto exchange CEX.IO, stablecoin transfers reached $27.6 trillion in 2024, outpacing Visa and Mastercard’s combined transaction volume …