Business
Tether's Shift: From Stablecoin to Central Bank-Like Operations
Tether is evolving beyond a basic stablecoin issuer, emulating central bank functions with its reserves and policy decisions.
News
Congress Questions Fed's Bowman on Stablecoin Regulations
Congressman Stephen Lynch interrogated Federal Reserve Vice Chair Michelle Bowman regarding her perspectives on digital assets during a recent hearing, revealing points of confusion about stablecoin definitions.
Blockchain
Ethereum Expert Dankrad Feist Joins Stripe’s Tempo Initiative
Dankrad Feist, a prominent Ethereum Foundation researcher, is transitioning to Tempo, a blockchain project developed by Stripe, while continuing his advisory role at Ethereum.
News
Bitwise Executive Envisions Solana as Wall Street's Favored Stablecoin Network
Matt Hougan from Bitwise believes Solana's efficiency positions it as the primary choice for stablecoins in the financial capital.
News
Bitwise Executive Envisions Solana as Wall Street's Leading Stablecoin Network
Bitwise's Matt Hougan believes Solana's rapid transaction capabilities may position it as the favored network for stablecoin transactions on Wall Street.
Ecosystem
Professor Addresses Myths Surrounding Stablecoin Yields
A Columbia Business School professor dismissed banking industry misconceptions about stablecoin yields as Congress approaches market structure changes.
Business
Ripple Expands Fintech Services with Hidden Road Acquisition
Ripple's recent acquisition of Hidden Road aims to enhance its fintech offerings and broaden the utilization of its RLUSD stablecoin.
News
Ripple Expands to Bahrain with RLUSD Stablecoin Partnership
Ripple has announced a partnership with Bahrain Fintech Bay to introduce its RLUSD stablecoin to local financial institutions.
News
Ethereum Foundation's Key Researcher Dankrad Feist Joins Stripe's Tempo Team
Dankrad Feist, noted for his contributions at the Ethereum Foundation, has announced his transition to Stripe's Tempo blockchain team while retaining an advisory role.
Crypto
Binance's Stablecoin Reserves Plummet by 19% in Recent Months
The leading cryptocurrency exchange Binance has seen a significant drop in its stablecoin reserves, affected by market dynamics and regulatory conditions.
Crypto
SEC Permits Broker-Dealers to Use 2% 'Haircut' on Stablecoin Holdings
The SEC has clarified that broker-dealers can count stablecoin holdings towards their net capital with a 2% haircut, easing previous regulations.
Crypto News
Société Générale Introduces Euro Stablecoin on XRP Ledger
Société Générale has launched its euro stablecoin, EUR CoinVertible, on the XRP Ledger, enhancing its multi-chain strategy.
Crypto
Tether's USDT Experiences Its Largest Monthly Supply Reduction Since FTX Crash
Tether's USDT is on track for a significant decrease in circulating supply, marking the largest drop since the FTX collapse as major investors reduce their holdings.
Crypto
A7A5 Stablecoin Develops Alternative Financial Network Amid Sanctions
The A7A5 stablecoin is reportedly facilitating an alternative financial system for sanctioned companies, reflecting a rise in illicit cryptocurrency activities.
Finance
Crypto Firms Suggest Stablecoin Solutions Amid Senate Delays
Crypto companies are proposing ways to ease legislation stalling in the Senate regarding market structure and stablecoins.
Crypto
Concerns Raised by New York Officials About GENIUS Act's Impact on Stablecoin Regulation
New York prosecutors express worries that the GENIUS Act may inadvertently allow fraud in the stablecoin market.
Finance
Tether Enhances USDt and Gold Support in Opera's MiniPay Wallet
Tether joins forces with Opera to improve financial accessibility in developing regions through its MiniPay wallet.
Crypto
Tether Sees Record US Treasury Holdings Amid Yearly Profit Decline
Tether reports a significant increase in US Treasury holdings while experiencing a drop in profits year on year.
Crypto
Europe Advances with MiCA as US Crypto Regulations Remain Unclear
With Europe rolling out the MiCA regulations and the US yet to define its crypto rules, the terrain for global crypto markets is shifting significantly.
Crypto
Remittances Surpass Aid Importance as Africa Embraces Stablecoins
Vera Songwe discusses the growing significance of remittances and stablecoins in Africa, highlighting their advantages over traditional money transfer systems.
