Stablecoins
Meta is paying creators in Stablecoins. Spending them is someone else's problem
Meta’s decision to pay creators in USDC validates stablecoins as a mainstream disbursement tool, Joslyn suggests, but it also exposes the industry’s unresolved problem: moving seamlessly from digital dollars to usable local currency.
America’s largest banks are building a new digital currency network to stop a massive deposit drain
America’s biggest banks are launching tokenized deposits to compete with stablecoins, opening a new front in the race to become the dominant form of cash on blockchain networks.
'I will not vote for Clarity until we address ethics': Sen. Angela Alsobrooks
Senator Angela Alsobrooks joins hosts Rebecca Rettig and Renato Mariotti to discuss the three outstanding issues she needs resolved before voting Clarity off the Senate floor. Plus, insights into Jamie Dimon's criticism over stablecoin yield. And, former Congressman George Santos named person of the week for the Kalshi insider trading investigation.
'Dr. Doom'-backed Atlas Capital CEO says bitcoin could crash 70% before reaching $500,000
Backed by economist Nouriel Roubini, a long-time anti-bitcoin advocate, and known as 'Dr. Doom,' the Atlas CEO, Reza Bundy, shot a short-term warning for bitcoin but stayed bullish in the long-term.
Russia sanctions British teenager for alleging A7A5 use in funding Ukraine war
The A7A5 stablecoin was designed to bypass sanctions imposed on Russia following its invasion of Ukraine in 2022.
Apyx's STRC collateralized stablecoin suffers a brief depeg. Protocol says its a feature, not bug
Apyx’s apxUSD stablecoin briefly slipped to 93 cents Wednesday.
Payment giants Stripe, Visa, Mastercard said to be among backers of soon-to-debut stablecoin platform
U.S. crypto exchange Coinbase is also said to be looking into the possibility of participating in the new stablecoin platform.
UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions
The Bank of England proposed limits of 20,000 pounds per coin for individuals and 10 million pounds for businesses.
Coinbase backs Ethena ahead of savings product launch for exchange's 100 million users
Coinbase Ventures, the exchange's venture arm, bought Ethena tokens on the open market as the protocol is set to roll out a Coinbase integration next week.
Ripple’s dollar stablecoin expands to Turkey through three local platforms
BiLira, Bitexen and Bitlo will make Ripple’s RLUSD stablecoin available to Turkish institutions.
