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Circle, the issuer of the USDC stablecoin, has announced the acquisition of Malachite, a consensus engine from Informal Systems, to enhance its upcoming Arc blockchain aimed at stablecoin transactions.
U.S. banking institutions are collaborating with consumer advocacy groups to amend the recently established stablecoin legislation known as the GENIUS Act, even before regulators have initiated their drafting process.
The U.S. Treasury has imposed restrictions on a network associated with the Russian crypto market, citing illegal activities and sanctions evasion.
A report from Keyrock and Bitso anticipates significant growth in stablecoin payments driven by institutional adoption, foreign exchange, and cross-border transactions.
South Korea's decision to halt its central bank digital currency project in lieu of private stablecoins could dampen demand for a won-backed digital asset.
MetaMask is preparing to announce details about its forthcoming US dollar-pegged stablecoin, mUSD, which is set to launch soon.
Circle has launched a secondary stock sale for 10 million shares, resulting in a 6% drop in stock value during after-hours trading.
Coinbase is set to revive its Stablecoin Bootstrap Fund launched in 2019, targeting stablecoin liquidity across various DeFi platforms including Aave and Morpho.
Transak has successfully raised $16 million in a funding round aimed at boosting its stablecoin payment infrastructure and expanding into new markets.
Circle announced a $428 million net loss for Q2, despite a revenue boost linked to its USDC stablecoin, while unveiling its new Arc blockchain aimed at enhancing stablecoin transactions.
Ethereum's transaction activity is on the rise as analysts attribute the surge to improved network capacity, increasing ether prices, and reduced transaction costs for DeFi activities.
Paxos aims to shift its regulatory oversight from New York to federal, joining other stablecoin firms in their charter applications.
Klarna, a Swedish fintech leader, has formed a partnership with Coinbase to facilitate stablecoin-based funding from institutional investors.
Nancy Jones, widow of George Jones, loses over $17 million in XRP due to theft by her partner.
Tether's CEO discusses plans for a U.S. comeback amid favorable regulations.
The U.S. House approved the GENIUS Act, establishing new regulations for stablecoins, now awaiting President Trump's signature.
Bank of America plans to launch a stablecoin, with CEO Brian Moynihan indicating preparations are in progress, amid ongoing regulatory discussions in Congress.
Arbitrum's ARB token rises as it's noted as a potential support chain for PayPal's PYUSD stablecoin, sparking optimism among investors.
JPMorgan and Citigroup are advancing their stablecoin plans as the demand for digital payment options rises.
A recent investigation highlights the connections between Trump and Binance, focusing on the cryptocurrency USD1 and its implications for ethics in finance.
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