Tether and Circle Compete for Dominance in the Stablecoin Sector Regulation
A recent report discusses the differing strategies of Tether's Giancarlo Devasini and Circle's Jeremy Allaire regarding stablecoin regulations.
Recent in
A recent report discusses the differing strategies of Tether's Giancarlo Devasini and Circle's Jeremy Allaire regarding stablecoin regulations.
This week highlighted falling crypto prices and a notable easing of the SEC's aggressive regulation.
The U.S. Treasury's newly appointed crypto counselor emphasizes the need for stablecoin regulations as part of the department's agenda.
Legislators gathered to deliberate on the necessary regulations surrounding stablecoins and market structures during a pivotal Senate hearing.
The Bank of America CEO indicated that the bank may launch a stablecoin once Congress legalizes it, amidst a shift in the regulatory landscape.
Jeremy Allaire emphasizes the need for stablecoin issuers linked to the dollar to register in the U.S. to ensure compliance with regulations.
The Dubai Financial Services Authority has officially recognized Circle's USDC and EURC as viable crypto tokens within the Dubai International Financial Centre.
The potential launch of proprietary stablecoins by Crypto.com and Kraken is seen as a strategic response to recent EU regulations affecting stablecoin usage.
A report from S&P Global Ratings highlights the regulatory obstacles hindering stablecoin adoption in the U.S., indicating expected growth upon the establishment of new regulations.
USDC's market cap surged to $56 billion, reflecting a 22% increase within a month.
JPMorgan's report highlights Tether's compliance struggles amid proposed U.S. stablecoin regulations.
USDC, the second-largest stablecoin, has hit a new all-time high in market capitalization, reflecting a resurgence in stablecoin demand despite overall market challenges.
Decentralized finance (DeFi) has disrupted traditional financial benchmarks by introducing a sustainable base rate for stablecoin lending.
Jerome Powell, Chair of the Federal Reserve, has voiced his worries about the increasing trend of 'debanking' affecting the crypto industry while also considering regulatory frameworks for stablecoins.
Solana has outstripped both Ethereum and Tron in stablecoin issuance within the last month, particularly USDC, indicating significant shifts in the crypto ecosystem.
Acting Chairman Caroline Pham of the Commodity Futures Trading Commission is spearheading a new program to explore tokenization using stablecoins.
Stripe has acquired Bridge for $1.1 billion, signaling a shift towards stablecoins and their pivotal role in digital commerce.
Crypto.com has announced its strategic roadmap for 2025, featuring a Cronos-based ETF, a new stablecoin, and an expansion into financial services.
The Senate is gearing up for a fresh attempt at stablecoin regulation, spearheaded by Senator Bill Hagerty and backed by crypto-friendly Republicans.
A recap highlighting Ripple's recent developments, the surge in stablecoins, and updates on regulatory matters.
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