Crypto
Tether's Paolo Ardoino Declares Company Has Endured Significant Challenges at Cantor Conference
Paolo Ardoino addresses attendees at the Cantor Fitzgerald Global Technology Conference, sharing insights on Tether's journey and challenges.
Altcoins
Binance Secures Major $2 Billion Investment from MGX in Stablecoins
MGX makes a historic $2 billion investment in Binance, marking the largest institutional funding in the cryptocurrency sector to date.
Business
Mesh Secures $82 Million to Broaden Global Reach of Stablecoin Payment Solutions
Mesh is expanding its network for stablecoin-based payments with new funding.
Finance
House Financial Services Panel Reviews Stablecoin Legislation, Traditional Finance Leaders Signal Shift
A recent congressional hearing on stablecoin legislation features major figures from traditional finance, indicating a shift towards regulatory clarity in the sector.
Crypto
Thailand's SEC Approves USDC and USDT for Digital Asset Trading
Thailand's financial regulator adds USDC and USDT stablecoins to its approved cryptocurrency list, expanding options for digital asset trading.
Crypto
Stablecoins Surpass $200B Market Cap as U.S. Aims for Dollar Dominance
The aggregate value of major stablecoins has exceeded $200 billion, with significant growth since the U.S. election, aimed at maintaining the dollar's status as the global reserve currency.
Finance
OCC Announces New Permissibility for Banks in Crypto Custody and Stablecoin Activities
The OCC clarifies that federally regulated banks can now engage in cryptocurrency-related activities without prior approval.
Crypto
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.
Crypto
Weekly Summary: Bitcoin's Decline and SEC's Shift
This week highlighted falling crypto prices and a notable easing of the SEC's aggressive regulation.
Finance
U.S. Treasury's New Crypto Official Highlights Importance of Stablecoin Legislation
The U.S. Treasury's newly appointed crypto counselor emphasizes the need for stablecoin regulations as part of the department's agenda.
Finance
Senate Hearing Spotlights Stablecoins in Digital Assets Discussion
Legislators gathered to deliberate on the necessary regulations surrounding stablecoins and market structures during a pivotal Senate hearing.
Business
Bank of America Plans to Introduce Its Own Stablecoin
The Bank of America CEO indicated that the bank may launch a stablecoin once Congress legalizes it, amidst a shift in the regulatory landscape.
Finance
Call for Regulation: Circle's Allaire Advocates for Dollar-Backed Stablecoin Registration
Jeremy Allaire emphasizes the need for stablecoin issuers linked to the dollar to register in the U.S. to ensure compliance with regulations.
Finance
Dubai Grants Recognition to Circle's Stablecoins USDC and EURC for Use in DIFC
The Dubai Financial Services Authority has officially recognized Circle's USDC and EURC as viable crypto tokens within the Dubai International Financial Centre.
Altcoins
Crypto.com and Kraken Might Launch Their Own Stablecoins Soon
The potential launch of proprietary stablecoins by Crypto.com and Kraken is seen as a strategic response to recent EU regulations affecting stablecoin usage.
Crypto
Challenges Facing U.S. Stablecoin Adoption Due to Regulatory Gaps, According to S&P Analysis
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.
Altcoins
USDC Achieves $56B Market Capitalization: A Turning Point for Stablecoins?
USDC's market cap surged to $56 billion, reflecting a 22% increase within a month.
Crypto
Tether May Need to Liquidate Reserves to Meet New U.S. Stablecoin Regulations: JPMorgan
JPMorgan's report highlights Tether's compliance struggles amid proposed U.S. stablecoin regulations.
Crypto
Circle's USDC Achieves New Market Cap Milestone Exceeding $56B Amid Surging Stablecoin Demand
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.
Crypto
Revolutionizing Money Markets: The Challenge of Risk-Free Returns
Decentralized finance (DeFi) has disrupted traditional financial benchmarks by introducing a sustainable base rate for stablecoin lending.
