Societe Generale is making waves in the crypto world by becoming one of the first multinational banks to issue a regulated USD stablecoin on Ethereum. Their new initiative, […]
Ethereum: Set to Benefit Significantly from the GENIUS Act Stablecoin Proposal
The cryptocurrency market is undergoing a pivotal period of regulatory discussion. As policymakers grapple with integrating digital assets into existing financial systems, proposals like the GENIUS Act are […]
Velo Labs Partners with Paxos for USDL Integration, Enabling Yield-Driven Stability
Velo Labs has joined forces with Paxos International to integrate the innovative USDL stablecoin into its ecosystem. This strategic partnership promises to reshape stablecoin functionality and potentially introduce […]
Bidding War for USDC: Catalysts Fueling Crypto’s Surge!
Ripple and Coinbase are locked in a bidding war for control of USDC, the second-largest stablecoin, according to sources familiar with Circle Internet Financial’s plans, as reported by […]
Senate Clears Path for Stablecoin Regulation with GENIUS Act Advance
A major step forward in US stablecoin regulation has been taken as the Senate cleared a procedural hurdle for the bipartisan GENIUS Act. The bill, aiming to create […]
Ethereum & Two Other Altcoins Could Benefit Most From Proposed Stablecoin Regulation
The US Senate recently rejected a cryptocurrency-friendly stablecoin bill called GENIUS. However, with a potential re-vote, its impact on the crypto market is still uncertain. Placeholder managing partner […]
Senate Advances Stablecoin Bill, Eyes House Vote Next
The U.S. Senate has cleared the path for a key stablecoin bill, known as the GENIUS Act, to reach the House of Representatives for final approval. The Senate’s […]
Stablecoin Adoption Climbs: 1.1% of US Dollar Supply Now Represents Stablecoins
Recent data from Token Terminal indicates that stablecoins now hold a significant presence in the U.S. financial system, accounting for 1.1% of the total dollar supply. This growing […]
Stablecoins Set to Hold Billions in U.S. Debt: Prediction Sparks Debate
A prediction by Senator Bill Hagerty suggests that stablecoin issuers could soon become the largest holders of US Treasury bonds, highlighting the growing integration of cryptocurrencies into traditional […]
U.S. Senate Moves Forward With Stablecoin Bill, Setting Stage for Potential Market Growth
The U.S. Senate has taken a major step forward in establishing stablecoin regulations with the advancement of the GENIUS Act through its cloture motion. This bipartisan effort secured […]
US Senate Moves Forward with Stablecoin Regulation Despite Trump’s Crypto Involvement
The United States Senate voted to advance the GENIUS Act on May 19, a bill aimed at establishing clear federal rules for the stablecoin market. This bipartisan vote, […]
Lee Jae-myung Proposes Won-Pegged Stablecoin for Enhanced South Korean Financial Sovereignty
South Korea’s presidential candidate, Lee Jae-myung, has unveiled a proposal to develop a won-pegged stablecoin as a means of bolstering national financial autonomy. The proposal, which aims to […]
Senate Democrats Raise Alarm Over Potential Risks of GENIUS Act for US Stablecoins
The latest draft of the GENIUS Act, aimed at regulating stablecoins in the U.S., has sparked concerns from Democratic senators on the Senate Banking Committee. They express reservations […]
Circle Considers $5 Billion Sale to Coinbase or Ripple: Report
USDC issuer Circle Internet Financial Ltd. is reportedly exploring a potential sale worth $5 billion, potentially to either Coinbase Global Inc. or Ripple Labs Inc., rather than pursuing […]
South Korean Presidential Candidate Proposes Won-Back Stablecoin to Combat Outflows
In a bid to strengthen national financial sovereignty and prevent capital outflows, South Korea’s Democratic Party leader Lee Jae-myung has proposed the creation of a stablecoin linked to […]