Stablecoin
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.
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.
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.
'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.
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.
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.
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.
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.
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.
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.
