The South Korea Democratic Party has proposed a Digital Asset Basic Act, aiming to allow domestic companies to issue fiat-backed stablecoins under strict regulatory frameworks. The bill, backed […]
Coinbase CEO Backs Stablecoin Regulation Bill: What’s Next?
Brian Armstrong, CEO of Coinbase, has offered optimistic words regarding the upcoming vote on the GENIUS Act, a potential game changer for U.S. stablecoin regulation. His endorsement, coupled […]
Societe Generale Launches USD CoinVertible for Expanded Institutional Access to the Stablecoin Market
French banking giant Societe Generale has announced a new USD-pegged stablecoin called USD CoinVertible (USDCV), marking its entry into the expanding stablecoin market. This move positions Societe Generale […]
Tron Stablecoin Supply Soars By $1.04 Billion, Signaling Growing Demand
Tron’s stablecoin supply has experienced a significant surge, reaching a new milestone of $1.04 billion in recent days. This influx represents an increase of 77.7 Billion total supply […]
Bybit Revolutionizes Stablecoin Access: First Exchange to Offer Direct Minting and Redemption
Bybit, the world’s leading cryptocurrency exchange by trading volume, has unveiled a major upgrade to its On-Chain Earn product, marking a significant step forward in stablecoin accessibility. This […]
US Senate Set to Vote on GENIUS Stablecoin Bill This Wednesday
This Wednesday, June 11th, the US Senate will vote on the GENIUS Act, a pivotal moment for the stablecoin market valued at over $250 billion. The bill represents […]
Stablecoin Competition Threatens Small Banks: $13B Asset Risk on the Horizon
Small and regional banks across the United States are facing a significant challenge from proposed stablecoin legislation currently under debate in the Senate. The legislation, intended to regulate […]
Bitget Lists Resolv Stablecoin on Innovation Zone
Crypto exchange Bitget has added Resolv (RESOLV) to its Innovation Zone, enabling users to access stablecoin infrastructure and explore new decentralized finance opportunities. The listing begins June 10th, […]
Binance Sees Massive $550 Million Stablecoin Surge: Sign of Market Confidence?
Binance has witnessed a significant influx of stablecoins worth over $550 million, signaling a possible surge in buying activity within the crypto market. According to data from CryptoQuant, […]
Senate Approaching Vote on Trump-Backed Stablecoin Bill
The Senate is set to vote on legislation backed by both the cryptocurrency industry and former President Donald Trump, aiming to establish rules for dollar-pegged stablecoins. Senator John […]
Tether CEO Remains Private Despite Valued at $515 Billion
Tether’s CEO Paolo Ardoino has dismissed the notion of a public listing for the company, despite valuations reaching an estimated $515 billion. This figure, according to Artemis CEO […]
Stablecoin Trends: Tron Gains While Solana Loses Ground
Recent data from lookonchain reveals shifting dynamics in stablecoin holdings across different blockchain networks over the past week. The Tron network has experienced a notable surge of 1.04 […]
Kaia Pledges Won-Pegged Stablecoin as South Korean Stocks Rally
South Korea’s blockchain company Kaia has announced plans to launch a won-based stablecoin following the inauguration of President Lee Jae-myung. This follows a campaign promise from Lee, who […]
Circle Stock Soars Amidst Market Activity
Circle, a prominent stablecoin issuer, experienced a notable boost in its stock value during pre-market trading, with shares jumping nearly 14%. This follows a strong close on the […]
Stablecoin Legislation: Reshaping $29 Trillion Treasury Market
New congressional legislation is poised to fundamentally alter the U.S. Treasury market, potentially disrupting segments worth $29 trillion. The proposed framework would establish a regulatory framework for stablecoins, […]