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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 ...
United States Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world’s global reserve currency during the White House Crypto ...
Cryptocurrency exchange Binance will delist several stablecoins in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA). Still, affected users will still ...
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).
Bernstein’s report notes stablecoins’ $220 billion market cap growth but doubts their ability to disrupt traditional retail payments. Institutional adoption of stablecoins is increasing ...
As Washington lawmakers seek to hash out a legal framework for stablecoins, financial policy experts question whether the technology will harm or benefit the biggest bond market in the world. It is ...
Amid the shadows, a trader says that he deals in millions daily, mostly swapped for stablecoins—cryptocurrencies pegged to other assets, usually the greenback. Stablecoins are typically backed ...
Senators and key figures from the crypto industry discuss all things stablecoins at the first-ever hearing hosted by the newly-established Senate Banking Subcommittee on Digital Assets. Today, the ...
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 ...
A summary of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which was recently introduced by Senator Bill Hagerty (R-TN) with bipartisan support to implement a ...
Dubai Financial Services Authority’s (DFSA) move to approve Circle Internet Group’s stablecoins USD Coin (USDC) and Euro Coin (EURC) as recognised crypto tokens within the Dubai International ...