Stablecoin

Stablecoin

Finance

Germany’s AllUnity Launches BaFin-Regulated Euro Stablecoin EURAU

EURAU is claimed to be the first euro stablecoin under BaFin’s e-money license.

(nitpicker/Shutterstock)

Finance

Stablecoin-Focused Bitcoin Sidechain Plasma Draws $373M in Oversubscribed Token Sale

The Plasma network will hold $1 billion in stablecoins at launch and offer fee-free stablecoin transfers.

Plasma (Unsplash)

Finance

Ethena Taps Anchorage to Issue $1.5B USDtb Stablecoin Under GENIUS Act

Ethena's token ENA was up 10%, outperforming the broader crypto market that saw many altcoins plunging overnight.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Policy

Trump Signs GENIUS Act Into Law, Elevating First Major Crypto Effort to Become Policy

President Donald Trump made it official during a White House ceremony, affixing a signature to the stablecoin regulation bill before a crowd of crypto insiders.

President Trump at GENIUS bill signing (Nik De/CoinDesk)

Policy

Trump to Sign the Historic GENIUS Act Into Law. What Does It Mean for Crypto?

As 'Crypto Week' comes to an end, here is why the GENIUS bill, which will establish a regulatory framework for stablecoins in the U.S., matters for crypto and the masses.

(Getty Images)

Tech

Wyoming Tests Instant Payments with State-Issued Stablecoin on Avalanche-Based Hashfire

The exercise aims to showcase how stablecoins and blockchain rails can cut government vendor payments from weeks to seconds.

Cheyenne, Wyoming (Pete Alexopoulos/Unsplash)

Finance

Plasma Looks to Raise $50M From Token Sale, With Valuation of $500M, for EVM-Compatible Sidechain

The network, backed by prominent investors, aims to facilitate stablecoin transfers, starting with USDT, without transaction fees.

Plasma (Unsplash)

Markets

Ether Races 6% Against Bitcoin as GENIUS Act Puts Spotlight on Yield-Bearing Stablecoins: Analyst

Ethereum's ether is outperforming bitcoin amid expectations that the GENUIS Act will ban yield-bearing stablecoins.

Ether Gains 6% Against BTC. (mibro/Pixabay)

Policy

'Crypto Week' Back on Track? Trump Says Defecting Lawmakers Ready to Vote for Bills

The House was supposed to vote at 5pm ET Monday after an earlier hiccup.

There was bipartisan opposition to advancing the crypto bills on a procedural motion. (C-SPAN)

Finance

Crypto Banking Startup Dakota Raises $12.5M for Global Stablecoin Push

The company, which lets businesses send and receive U.S. dollars globally via stablecoin rails, is expanding to over 100 countries with the funding.

U.S. dollar (Unsplash, modified by CoinDesk)