Goldman Sachs predicts that the stablecoin market, currently valued at $271 billion, is poised to grow into the trillions of dollars in the coming years. This forecast hinges […]
China Considers Yuan-Backed Stablecoins to Boost Currency Internationalization
Amid increasing geopolitical tensions in the digital finance space, China is exploring the use of yuan-backed stablecoins to enhance global currency usage. According to Reuters, this move comes […]
Wyoming Launches First State-Backed Cryptocurrency: FRNT Token
Wyoming has taken a groundbreaking step by launching Frontier Stable Token (FRNT), the first state-backed cryptocurrency in the United States. This innovative initiative, overseen by the Wyoming Stable […]
Tether Appoints Bo Hines as Strategic U.S. Advisor for Regulatory Compliance
Tether has announced the appointment of Bo Hines, former head of the White House Crypto Council, as its new Strategic Advisor for U.S. strategy. This move signals a […]
China Set To Legalize Yuan-Pegged Stablecoins, Challenging Global Currency Dominance
China is poised to overturn its long-standing crypto ban by granting legal approval for yuan-pegged stablecoins before the end of August, according to Reuters. This move would mark […]
China Proposes Yuan-Backed Stablecoin for Global Financial Integration
China is exploring a new approach to fostering global financial integration by potentially introducing a yuan-backed stablecoin in Hong Kong. This proposal comes from tech giants who are […]
China Seeks to Counter US Dollar Control with Yuan-Backed Stablecoins
Beijing’s plans are a significant policy shift, aiming to bolster the yuan’s position in global finance. According to sources familiar with the matter, China is preparing to approve […]
China to Consider Yuan-Backed Stablecoins: Major Policy Shift
China, known for its strict stance on cryptocurrencies, is reportedly considering allowing yuan-backed stablecoins, potentially marking a major policy shift. According to sources familiar with the matter, China’s […]
AVAX Breaks New Ground: Wyoming State-Backed Stablecoin & $300 Million Investment Fuel Network Growth
Avalanche has made significant strides in the world of blockchain technology, securing a first-of-its-kind government endorsement for its platform. Wyoming, becoming the first U.S. state to issue a […]
Crypto Groups Clash with Bankers Over Stablecoin Regulation
A fierce battle is unfolding between the cryptocurrency industry and banking regulators over a proposed legislation aimed at shaping stablecoin development. The STABLEGENIUS Act, introduced by Republican Representatives […]
Crypto Groups Fight Back Against Bankers’ Push to Rewrite Stablecoin Law
Two influential crypto industry groups are pushing back against Wall Street bankers seeking to roll back the United States’ recently enacted stablecoin law. In a joint letter addressed […]
Stablecoins: A Lifeline for U.S. Debt?
The U.S. Treasury is exploring a surprising use for crypto: stablecoins as potential buyers of its debt. With borrowing costs rising and foreign demand softening, this unconventional move […]
Tether Taps Ex-Trump Advisor to Navigate US Regulations
Stablecoin issuer Tether has appointed Bo Hines, former Crypto Council Director under the Trump Administration, as Strategic Advisor to navigate U.S. regulations and enhance market presence. Hines will […]
Wyoming Launches First State-Backed Stablecoin, Frontier (FRNT), on Ethereum & Solana
Wyoming has taken a major leap in stablecoin development by launching its first state-backed token, Frontier (FRNT), on Ethereum and Solana. This pioneering project utilizes LayerZero technology to […]
Tether Appoints Former White House Crypto Director as Advisor for U.S. Stablecoin Expansion
Tether has appointed Bo Hines, former Executive Director of the White House Crypto Council, to a strategic advisor role focused on expanding its stablecoin business in the US. […]