The chair of the Senate Banking Committee aims to increase the likelihood of passing a stablecoin bill by proposing its combination with other legislation. Since July...
A BIS report warns that inconsistent regulation threatens stablecoin usability, and to ensure the seamless integration of stablecoins into the global financial system, standardized regulations are...
US PayPal users can now conduct cross-border money transfers using the company’s PYUSD stablecoin. Announced on Thursday, US citizens can access another unique international payments system...
Senator Cynthia Lummis, known for her support of Bitcoin, is actively working on legislation concerning stablecoins, following her prior criticisms of prominent stablecoin issuer Tether in...
CoinShares analysts foresee a defining year for Bitcoin in 2024, suggesting the potential emergence of a Bitcoin-based stablecoin that could rival existing stablecoins in speed and...
A New Era Dawns: Announcing the Launch of cNGN and the Africa Stablecoin Consortium (ASC)
Paxos has received regulatory approval from the New York Department of Financial Services (DFS) to expand its stablecoin issuance to the Solana blockchain. This marks a...
If the committee decides to permit longer-term assets as backing for stablecoins, they assert that these assets must exceed the stablecoin holders’ claims to mitigate risk....
At Messari’s Mainnet 2023 event, an insightful discussion took place. Nic Carter, the co-founder of Castle Island Ventures, explored the significant influence of stablecoins on the...
Deutsche Bank’s DWS Group, Dutch market maker Flow Traders Ltd., and crypto fund manager Galaxy Digital Holdings Ltd. have announced a joint venture to establish a...
Cryptocurrencies have changed how we view money globally from the inception of Bitcoin in 2009. Beyond fiat currencies, there are now stablecoins which can be described...
Paxos has received initial approval from the Monetary Authority of Singapore (MAS) for its new venture, Paxos Digital Singapore Pte. Ltd. This milestone signifies Paxos’ inaugural...
The push for stablecoin liquidity rules by the EU watchdog marks a significant step towards regulation. With the proposed guidelines currently under public consultation, they have...
Circle Internet Financial Ltd., the issuer of the USDC stablecoin, is reportedly considering an initial public offering (IPO) in early 2024, according to people familiar with...
The report of Crypto Index globally from Chainalysis highlighted that Central & Southern Asia and Oceania (CSAO) have become a noteworthy and influential region in the...
Chainalysis, a blockchain analytics firm, has reported an increasing amount of stablecoin activity occurring through entities not licensed in the United States. A recent Chainalysis report...
Standard Chartered’s SC Ventures and Deutsche Bank push the payment bridge initiative, completing the first proof of concept (PoC) for the Universal Digital Payments Network (UDPN)....
Tether, the firm behind the top-ranked stablecoin by market cap (USDT), made an early announcement naming Paolo Ardoino, Bitfinex CTO, as its new Chief Executive Officer....
Real estate-backed stablecoin USDR has de-pegged from its $1.00 target, triggering concerns among crypto investors and analysts. According to reports, the stablecoin’s treasury has been depleted...