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UBS has partnered with PostFinance, Sygnum, Raiffeisen, Zürcher Kantonalbank, Banque Cantonale Vaudoise, and Swiss Stablecoin AG to launch a sandbox to test various use cases for a Swiss franc stablecoin in Switzerland. According to the Wednesday announcement, the initiative will…
Markets
Ethereum price rose 7% to a three-week high on Wednesday, fueled by a broader market rebound and strengthening stablecoin supply on the network. According to data from crypto.news, Ethereum (ETH) price rose 9% to a multi-week high of $2,257 on Wednesday,…
ETH
Ethereum
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The Federal Deposit Insurance Corporation has proposed new rules under the GENIUS Act to oversee stablecoins issued through the banking system. According to a statement released on Tuesday, the board of directors voted to propose a rule that would set…
News
The crypto market update bitcoin war hedge Strait of Hormuz news today centers on a striking development: Iran’s IRGC has established a formal toll system at the world’s most critical oil chokepoint, demanding payments in stablecoins or Chinese yuan for…
News
Resolv Labs burns 36.7m hacked USR after a key compromise let an attacker mint 80m unbacked tokens and dump $24.5m in ETH, leaving a $34m hole in the protocol. Resolv Labs has destroyed 36.73 million USR stablecoins previously controlled by…
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The Digital Asset Market Clarity Act’s compromise language on stablecoin yield has circulated among crypto and banking industry stakeholders in closed-door Capitol Hill sessions, with a Senate Banking Committee markup now targeted for the second half of April — though…
News
Circle plans to launch its own version of wrapped Bitcoin on the Ethereum network to target institutional markets. In a Thursday announcement, stablecoin issuer Circle said it plans to introduce cirBTC, a token that is backed 1:1 by bitcoin and…
News
The U.S. Treasury has proposed its first set of rules to implement the GENIUS Act and has opened a 60-day public comment period to define how stablecoin oversight can be handled at the state level. Under the proposal, issuers with…
Markets
Hedera price has been in a downtrend over the past month as the token continues to be bruised by the geopolitical concerns that have pushed investors away from risk assets. According to data from crypto.news, Hedera (HBAR) price fell to…
HBAR
Hedera
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Coinbase opposes new Senate stablecoin yield terms as lawmakers seek a compromise on the broader US crypto market structure bill.
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Stablecoins gain ground as global payment tools bridging blockchain and traditional finance. Stablecoins are quickly becoming part of the global payments stack. Fintech apps use them to settle transactions faster. Remittance platforms use them to move money across borders. Payroll…
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Payy raised $6m led by FirstMark to build a zero-knowledge L2 and wallet that make USDC payments private by default, targeting enterprise stablecoin flows that avoid fully transparent chains. Payy, a stablecoin startup building a privacy-focused payments network on zero-knowledge…
News
FSB warned dollar stablecoins can weaken policy, payments, and capital controls across emerging and developing economies globally.
News
Delaware lawmakers filed two bills to update banking law and create a licensing framework for stablecoin issuers.
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Resolv USR stablecoin loses its peg after a $100K exploit minted millions of unbacked tokens, causing sharp devaluation.
News
A tentative agreement on stablecoin yield may help restart progress on the CLARITY Act in Washington. Reports said White House officials and US lawmakers are working on terms that could address one of the main disputes that slowed the crypto…
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