A new wave of opposition to a U.S. central bank digital currency (CBDC) has emerged from both the Trump administration and Federal Reserve Chair Jerome Powell, leading them […]
Lummis Introduces GENIUS Act to Strengthen Stablecoin Regulation
U.S. Senator Cynthia Lummis has introduced the GENIUS Act, aiming to enhance regulatory oversight within the stablecoin industry. This legislation proposes a number of key provisions: mandating a […]
Major Crypto Leaders Back GENIUS Act for U.S. Stablecoin Regulation
Industry heavyweights, including prominent figures like a16z’s Chris Dixon and Coinbase CEO Brian Armstrong, have voiced their support for the bipartisan Guiding and Establishing National Innovation for U.S. […]
Is Big Money Headed for Crypto with $230 Billion in Stablecoins?
Stablecoin market value has surpassed $230 billion, a significant milestone that suggests increased crypto investment interest. Tether (USDT) holds the top spot with a 65.8% market share, indicating […]
Coinbase CEO Calls for Reform of Stablecoin Regulation in US Senate
Brian Armstrong, CEO of Coinbase, is urging the U.S. Senate to reconsider its approach to regulating stablecoins. He believes current proposals, like the GENIUS Act and the STABLE […]
Ripple’s RLUSD Listed on Gemini, Expanding Access for Regulated Markets
Ripple’s dollar-pegged stablecoin, RLUSD, is now available for trading on Gemini, a US-based cryptocurrency exchange founded by Tyler and Cameron Winklevoss. This listing marks another step in expanding […]
HTX Launches USD1 Stablecoin: First Globally Onboarding This Innovative Asset
In a landmark move, global cryptocurrency exchange HTX has launched the USD1 stablecoin, marking its first foray into this sector. The listing underscores HTX’s commitment to supporting quality […]
Senate Advances Michelle Bowman’s Nomination for Federal Reserve Vice Chair
The U.S. Senate Banking Committee voted 13 to 11 in favor of advancing the nomination of Michelle Bowman for Vice Chair for Supervision at the Federal Reserve. The […]
OKX Launches Payment Wallet for Seamless Crypto Adoption
OKX has launched its new OKX Pay Wallet, aiming to make everyday cryptocurrency payments a reality. Targeting the U.S. market re-entry, this move signifies OKX’s commitment to increasing […]
Bank of America Prepares to Launch its Own Stablecoin
Bank of America has expressed interest in creating a stablecoin of its own, according to Foresight News. This move would make it the second-largest lender in the US […]
U.S. Senate Aims to Pass Stablecoin Regulation Bill Before May Recess
The U.S. Senate is moving quickly to pass the GENIUS Act, a stablecoin regulation bill, before Memorial Day. This legislation seeks to establish clear rules for U.S.-issued stablecoins […]
Tether Reaches New Profit Heights with $1 Billion Operating Surplus
Tether, the stablecoin issuer, has reported a remarkable operating profit of over $1 billion in the first quarter of 2025. This impressive surge is largely attributed to strategic […]
RLUSD: Why Ripple’s Stablecoin Addresses Where XRP Falls Short
Ripple’s stablecoin, RLUSD, is designed to fill a specific niche within the financial ecosystem, addressing where XRP falls short, according to experts. Unlike XRP, which shines in fast, […]
Stablecoin Market Cap Hits $220 Billion Milestone
The stablecoin market has experienced explosive growth, surpassing the landmark $220 billion mark in late April 2025. This surge is fueled by increased liquidity and optimism about a […]
Stablecoin Market Reaches New High of $220 Billion, Signaling Crypto’s Rebound
The crypto market is experiencing a significant resurgence, with the stablecoin market cap hitting a record high of $220 billion. This landmark achievement signals growing investor confidence and […]