Treasury Secretary Basant has predicted a significant surge in the U.S. stablecoin market, forecasting it to exceed $2 trillion by 2028. This projection stems from legislative support intended […]
Major Banks Jump into Stablecoin Market as Interest Soars
Global financial giants, including Société Générale, are boldly entering the stablecoin market, signifying a significant shift in how banks perceive and utilize blockchain technology. This trend signals increasing […]
TRON Records $691 Billion in USDT Transactions, Driven by Institutional Whales
Recent data reveals TRON’s surging role in stablecoin transactions, with a record-breaking $691 billion in USDT transfers processed over the month. This surge is largely attributed to substantial […]
U.S. Government Embraces Stablecoins as Strategy to Bolster Dollar’s Global Power
The U.S. government is shifting its approach to cryptocurrency, seeing it not as a threat but as a strategic tool to enhance the dollar’s global influence. Treasury Secretary […]
Michelle Bowman’s Regulatory Shift: A New Era for U.S. Crypto Industry
The U.S. crypto industry is witnessing a potential paradigm shift with the appointment of Michelle Bowman as Vice Chair for Supervision at the Federal Reserve (Fed). Bowman’s pragmatic […]
U.S. Treasury Secretary Forecasts $2 Trillion Stablecoin Market
U.S. Treasury Secretary Scott Bessent predicts a substantial expansion of the stablecoin market to reach $2 trillion, potentially bolstering the U.S. dollar’s global financial dominance. This prediction aligns […]
Stablecoins: The Key to Cryptocurrency’s True Value
Matt Hougan, Chief Investment Officer of Bitwise, argues that stablecoins are not just a bridge between traditional finance and crypto but a cornerstone of the future for digital […]
Treasury Secretary Pushes Stablecoin Rules Through Congress, Aiming for $2 Trillion Market
Treasury Secretary Scott Bessent emphasized the importance of US Treasury-backed stablecoins in a Senate Appropriations subcommittee hearing on Wednesday. Bessent stated that these dollar-pegged coins could reach a […]
OpenTrade Raises $7 Million to Boost Yield Generation for High-Inflation Countries
OpenTrade, a London-based firm specializing in yield-generating products based on stablecoins, has secured a $7 million strategic funding round. This significant investment is set to accelerate the company’s […]
US Senate Advances Stablecoin Regulation with GENIUS Act Vote
The U.S. Senate has taken a crucial step towards regulating stablecoins, advancing the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) by a 68-30 vote. […]
US Senate Passes Landmark Bill to Regulate Stablecoins
In a historic move, the U.S. Senate has voted to approve the GENIUS Act, marking a significant step towards regulating stablecoins. The bipartisan vote of 68-30 brings much-needed […]
GENIUS Act Passes Senate, Moving Towards National Stablecoin Regulation
The U.S. Senate voted to advance the GENIUS Act, a landmark stablecoin bill, with a 68-30 majority on Wednesday. This crucial step paves the way for a final […]
South Korea Unveils Bill to Facilitate Stablecoin Issuance
President Lee Jae-myung has introduced legislation that would enable domestic companies to issue stablecoins in South Korea, aiming to bolster the nation’s digital asset market. The bill seeks […]
KAIA soars after South Korean stablecoin bill boosts institutional confidence
KAIA token experienced a sharp surge following the announcement of new South Korean regulations for stablecoins, signaling market optimism towards regulatory clarity in the region. While whale activity […]
Meta Faces Scrutiny from US Senators Over Potential Stablecoin Plans
With the US Senate poised to vote on legislation regulating payment stablecoins soon, senators Elizabeth Warren and Richard Blumenthal have raised concerns about Meta’s potential plans for another […]