Facing the restrictions imposed by Western sanctions, Russia is exploring the creation of its own stablecoins to enhance financial autonomy and reduce reliance on foreign payment platforms. A […]
Russia Aims for Financial Independence: Exploring a Domestic Stablecoin
Facing potential financial vulnerabilities due to U.S. sanctions and recent actions by Tether, Russia is exploring the creation of its own stablecoin. The Russian Ministry of Finance is […]
Powell Calls for Legal Framework for Stablecoins, Concerns Spark Market Volatility
U.S. Federal Reserve Chair Jerome Powell has advocated for a legal framework surrounding stablecoins, digital tokens pegged to the dollar becoming increasingly important in global financial transactions. His […]
Stablecoin Transactions Outpace Visa in 2024, Mark Shift in Global Payments
A major milestone was reached in global payments with stablecoin transactions exceeding Visa’s volume in 2024. This surge is driven by the increasing use of Tether and USD […]
Powell Signals Regulatory Shift in Stablecoin Landscape
The regulatory landscape for stablecoins is rapidly evolving as the market gains mainstream acceptance. Fed Chair Jerome Powell recently hinted at a potential shift in crypto regulations, acknowledging […]
Justin Sun Disputes Allegations Against First Digital Trust: Legal Battle Sparks Market Concerns
Crypto mogul Justin Sun finds himself embroiled in a legal battle with First Digital Trust, the company he founded. Accusations of embezzlement amounting to $500 million have been […]
Lucent Integrates SVM L2 to Strengthen Stablecoin Security
Lucent has implemented SVM Layer 2 technology, marking a significant advancement in stablecoin security and operational efficiency. This strategic integration aims to enhance the reliability and performance of […]
Powell Pushes for Stablecoin Regulation Amid Crypto Volatility
In a recent address, Federal Reserve Chair Jerome Powell acknowledged the growing acceptance of cryptocurrencies within the financial system. This shift in the Fed’s stance highlights the need […]
Russia Eyes Stablecoin Development Amidst Sanction-Related Challenges
A Russian finance ministry official has proposed developing a domestic stablecoin to mitigate future restrictions similar to those imposed on the sanctioned Russian exchange Garantex. Deputy director Osman […]
South Korea Expands Stablecoin Regulation, Sets New Timeline
South Korea’s Financial Services Commission (FSC) is intensifying its focus on regulating stablecoins. Following a government review of the virtual asset framework’s second phase, the FSC has reaffirmed […]
Resolv Labs Invests $10 Million in Stablecoin Platform Expansion
Resolv Labs has announced a significant expansion of its stablecoin platform, aiming to enhance user experience and drive adoption within the crypto market. The new features will be […]
Ripple Introduces RLUSD for Global Payments Amidst Trading Volume Dip
Ripple has integrated the RLUSD stablecoin into its payment system, aiming to simplify cross-border transactions and comply with regulatory standards. This move comes despite a notable decline in […]
Powell Supports Softer Crypto Regulations as Stablecoin Push Gaining Momentum
Federal Reserve Chair Jerome Powell has signaled support for less restrictive cryptocurrency regulation as stablecoin legislation garners bipartisan momentum in Congress. This shift in stance, reflected in a […]
Stablecoins Gain Popularity Amid U.S. Banking Restrictions
The rise of stablecoins is being fueled by limitations within the US financial system, according to a recent panel discussion at TokenizeThis 2025. Jerald David, president of Arca […]
Stablecoin Popularity Driven by US Banking Limitations
Jerald David, president of Arca Labs, highlights the role of US banking limitations in driving the rise of stablecoins. According to David, restrictions on traditional banking hours and […]