Stablecoin

Stablecoin

Politiche

'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)

Finanza

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)

Finanza

BOE's Bailey Slams Bank Stablecoins, Clashes With Trump’s Crypto Wave: The Times

Bank of England Governor Andrew Bailey urged caution as the U.S. pushes pro-crypto policies, highlighting risks to financial stability and the nature of money.

Bank of England Governor Andrew Bailey (Alistair Grant/WPA Pool/Getty Images)

Web3

Tether to Halt USDT on Omni, BCH, Kusama, EOS, Algorand as Focus Shifts to Layer 2s

The decision is due to declining usage of USDT on these networks over the past two years and as the company moves its focus to newer platforms such as Layer 2s.

U.S. Capitol and Tether (Jesse Hamilton/CoinDesk)

Mercati

Tether/Circle Stablecoin Supply Growth Signals Strong Liquidity Backing Crypto Rally

The market capitalization of the two largest stablecoins — USDT and USDC — reached new records this week, a sign that capital is flowing into digital asset markets.

USDT and USDC combined market capitalization (CoinDesk Data)

Finanza

Ripple Taps BNY to Custody Stablecoin Reserves as RLUSD Surpasses $500M

The move follows Ripple's application for a national banking license and a Federal Reserve master account to further integrate with the U.S. financial system.

Brad Garlinghouse, the CEO of Ripple Labs (Jesse Hamilton/CoinDesk)

Finanza

Tether Invests in Blockchain Forensics Firm Crystal Intelligence to Fight Crypto Crime

Tether aims to curb illicit use of its USDT stablecoin as cryptocurrency-related scams and fraud increase.

Nemo suffered $2.4M hack on Monday. (TheDigitalArtist/Pixabay)

Finanza

Swiss Bank AMINA Introduces Custody, Trading With Ripple’s RLUSD Stablecoin

The crypto-friendly financial services firm claims to be the first global bank to support Ripple's stablecoin.

View of Zug, Switzerland, from the lake, with mountains in background. (Louis Droege/Unsplash)

Finanza

Circle Applies for National Trust Bank Charter

A federal trust charter would bring Circle under direct federal bank regulator oversight, aligning it with how traditional financial institutions are overseen.

Circle's logo and name (Sandali Handagama/ CoinDesk)

Politiche

Bank of Korea Halts CBDC Project as Government Submits Stablecoin Bill: Report

The project had reached the stage of developing a pilot program together with participating banks.

16:9 South Korea Won (ldensity67/Pixabay)