Stablecoin News
Latest Stablecoin News
Is Visa’s report on stablecoins an objective analysis, and who is behind the majority of transactions if not real users? Stablecoins, crypto’s promise for stability and utility, are facing a stark challenge: their actual use. A recent study by Visa…
Elements of the Payment Stablecoin Act have the potential to be beneficial for American consumers — but critics claim other parts are “unconstitutional.” Republican Cynthia Lummis and Democrat Kirsten Gillibrand have become something of a bipartisan, pro-crypto double act in…
International payment giant Visa has unveiled a new study challenging the assumption that stablecoin turnover is approaching levels seen in traditional payment networks. Visa, a global payment network, has raised concerns about the reliability of stablecoin transactions, opposing the common…
The Aave community is set to vote on a new proposal to remove stablecoins like USDP and GUSD from Aave V2. The Aave community is gearing up to vote on a proposal by ChaosLabs, which suggests deprecating multiple small-cap stablecoins,…
USDT issuer Tether set a new record after making $4.5 billion in net profits during the first quarter of 2024.
Bitwise CIO Matt Hougan said that the U.S. adopting comprehensive stablecoin legislature could signal the long-awaited “mainstreaming of crypto.”
At the company's Global Internet Economy conference on Thursday, Stripe revealed its decision to reintroduce support for crypto payments.
A digital pound has been touted as a cheaper, faster, and more modern way of making payments — but not everyone’s in love with the idea. The U.K. recently doubled down on its pledge to become a “global hub” for…
According to an S&P report, a bipartisan stablecoin bill may give banks an advantage over other institutions and incentivize competition in the digital asset custody business.
BRICS members explore stablecoin payments and a platform to conduct CBDC payments, aiming to enhance financial cooperation, a Russian official says. Stablecoins might become a tool for international settlements among BRICS members, as the alliance has already set up a…
Coin Center says the recently proposed stablecoin bill from Senators Cynthia Lummis and Kirsten Gillibrand may be “unconstitutional” due to its ban on algorithmic payment stablecoins. Coin Center, a non-profit advocating crypto organization, said in a recent blog statement that…
U.S. Senators Kirsten Gillibrand and Cynthia Lummis introduced a bill to regulate stablecoins.
In a recent development, Binance's OMNI Launchpool reported deposits of FDUSD stablecoin that significantly surpassed its official total circulation.
The British government plans to introduce new regulations for stablecoins and other crypto services, such as staking, exchange, and custody, by mid-year.
First Digital Trust's stablecoin, FDUSD, is expanding to the Sui network after previous expansions to Ethereum and BNB Chain.
Senator Kirsten Gillibrand revealed ongoing discussions about forthcoming stablecoin regulation