Tag: Stablecoin
Stablecoin Legislation Must Respect the Dual-Banking System
To be sure, the dual-banking system itself at present is far from federalism perfected, and state and federal jurisdiction over banks does overlap in [...]
OpenDelta Raises $2.5M to Build Bitcoin-Based Stablecoin Using Runes
OpenDelta’s flagship token, USDO, will retain its dollar value by hedging bitcoin (BTC) deposited by users as collateral. The token won’t go live till [...]
Stripe Brings Back Cryptocurrency Payments Via Circle’s USDC Stablecoin
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Stablecoin Bill Could be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg
Congressional movement, both in the Senate and the House, on stablecoin legislation picked up pace in the past few weeks. Waters said that the U.S. Fe [...]
Tether’s (USDT) Stablecoin Dominance May Wane Following Proposed U.S. Regulation: S&P
"An approval of the stablecoin bill would accelerate institutional blockchain innovation, in particular for tokenization or digital bond issuances inv [...]
S&P Says Regulation Could Increase Stablecoin Adoption as Number of Holders Nears 100M
Moreover, a single stablecoin can serve a different purpose depending on jurisdiction. For instance, in high-inflation nations like Zimbabwe and Niger [...]
The Ever-Dwindling Chances for a Stablecoin Law
Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated [...]
Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal
Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under U.S. regulations along the lines being suggested [...]
USDe Holders Should Monitor Ethena Labs’ Reserve Fund to Avoid Risk, CryptoQuant Warns
Ethena Labs, the firm behind the USDe stablecoin, currently offers an annual yield of 17.2%, a rolling average over the past seven days, to investors [...]
Usual Labs Raises $7M Round From Kraken Ventures and IOSG to Launch USD0 Stablecoin
The French company raised money from more than a hundred firms, including two leading co-investors, IOSG and Kraken Ventures. Other investors included [...]
U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill
The bill created a $10 billion limit for non-depository trust institutions to be able to issue payment stablecoins. Once the issuer exceeds that amoun [...]
The Solution for Stablecoin Regulation
The Solution for Stablecoin Regulation
www.coindesk.com [...]
Crypto-Skeptic Sen. Sherrod Brown Is Open to Advancing Stablecoin Legislation, Bloomberg Reports
Congress has for years struggled to get any new laws passed for cryptocurrencies, providing greater clarity sought by both critics and proponents of d [...]
Tether, Circle Diverge on How to Tackle Global Patchwork of Stablecoin Rules
The two largest digital dollar providers have chosen different paths in dealing with a perceived lack of global clarity on stablecoin rules: Circle is [...]
Ethena Labs’ USDe Stablecoin Divides Opinion as High Staking Yields Stir Memories of Terra’s Demise
Unlike asset-backed stablecoins like tether (USDT) and USDC, whose value is secured against dollars or dollar-equivalents such as U.S. government debt [...]