The relevant issue is called “self-custody,” and I am working with colleagues to pass federal legislation regulating a form of crypto-currency called “stablecoins.” I’ll address the ...

This can help smooth out business operations for companies whose main asset holdings are also pegged to the USD, including the largest stablecoins Tether (USDT) and Circle’s USD Coin (USDC).

President Donald Trump pledged to support legislative efforts to form a regulatory framework for stablecoins on Friday, after ordering the creation of a US strategic Bitcoin Reserve and a separate ...

The growing strength of stablecoins as a bridge between Web3 and traditional finance could give an edge to markets like Hong Kong, which has its currency pegged to the US dollar (USD), but the ...

Stablecoins, however, are cryptocurrencies designed to maintain a stable value over time, making them ideal for commercial transactions. The introduction of stablecoins in the cryptocurrency ...

Mainstream players such as Visa, PayPal Holdings Inc, Stripe Inc and others are making investments in projects involving stablecoins, which are crypto tokens typically designed to be pegged to the ...

The Trump administration is opening up for digital asset technology to ensure that the dollar retains its domination within the global reserve currency, Stablecoins. It has always been a resourceful ...

Scott Bessent, the U.S. Treasury Secretary, announced yesterday at the White House crypto summit that Washington plans to use stablecoins to consolidate the dollar’s position as the dominant reserve ...

Bitcoin (BTC) was invented by a pseudonymous individual or group named Satoshi Nakamoto in 2008 and is the world’s first enduring cryptocurrency that succeeded where decades of digital cash ...

The OCC now allows banks to offer crypto custody and stablecoin services without prior approval, streamlining digital asset integration. While banks gain more crypto flexibility, strong risk ...

Most stablecoins in the market primarily function in the same way, but according to Centre, several aspects of USDC set it apart from other digital assets: USD Coin operates on an open-source ...