Tag: Stablecoin
Fed’s Powell reasserts support for stablecoin legislation
As digital assets gain mainstream adoption, establishing a legal framework for stablecoins is a “good idea,” said US Federal Reserve Chair Jerome Powe [...]
Northern Marianas vetoes bill for Tinian to launch its own USD stablecoin
The governor of the Northern Mariana Islands, a small Pacific US territory just north of Guam, has killed the legislation that would have allowed one [...]
How to read a stablecoin attestation report and why it matters
Key takeawaysStablecoin attestation reports provide third-party verification that each token is backed by real-world assets like cash and US Treasurys [...]
UK regulator sounds alarm over stablecoin risks
United Kingdom regulators are increasingly concerned about the impact of stablecoins and the broader crypto industry on the country’s financial system [...]
Synthetix USD stablecoin loses dollar peg, drops to 5-year low of $0.83
The Synthetix protocol’s native stablecoin, Synthetix USD (sUSD), fell to its lowest value in five years, extending a months-long struggle to maintain [...]
Digital euro to limit stablecoin use in Europe — ECB exec
The European Central Bank is intensifying its warnings over stablecoin adoption, with one of its top officials calling for a digital euro to curb the [...]
Stablecoin firm Circle mulls IPO delay amid economic uncertainty — Report
Stablecoin firm Circle, the issuer of the USDC (USDC) dollar-pegged token, is reportedly mulling a delay of its initial public offering (IPO) plans am [...]
Stablecoin adoption grows with new US bills, Japan’s open approach
Stablecoins are front and center of late: critical bills have made their way through US Congress, First Digital’s coin briefly depegged over reserve c [...]
Stablecoin supply surges $30B in Q1 as investors hedge against volatility
Despite a $30 billion surge in stablecoin supply to new record levels, cryptocurrency investors remain cautious as they await market stability amid US [...]
RLUSD: Ripple Stablecoin Live on Kraken
xrp-usdOlumide Adesina•Thursday, April 3, 2025•2 min read
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Lawmaker alleges Trump wants to replace US dollar with his stablecoin
California Representative Maxine Waters, ranking member of the US House Financial Services Committee, used her opening statement at a markup hearing t [...]
FDUSD stablecoin depegs following claims made by Justin Sun
First Digital Trust has denied Justin Sun's claims of liquidity issues, saying it is part of "smear campaign." News COINTELEGRAPH IN YOUR SOCIAL FEE [...]
SMBC, Ava Labs, Fireblocks sign MoU for stablecoin framework in Japan
Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — t [...]
USDC issuer Listing on New York Exchange
Olumide Adesina•Wednesday, April 2, 2025•1 min read
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Trump-linked crypto ventures may complicate US stablecoin policy
A US dollar-pegged stablecoin launched by a cryptocurrency platform tied to US President Donald Trump’s family could complicate ongoing bipartisan eff [...]