Stablecoins
Brian Armstrong met with Trump before the president slammed banks over crypto bill
CoinDesk was able to confirm the meeting between the US president and the Coinbase CEO took place as Politico initially reported.
Ex-Binance communications lead joins stablecoin specialist KAST
Brad Jaffe, the former global communications leader at Binance, becomes chief communications officer at KAST.
Sui’s native stablecoin goes live with promise of Treasury yield going back to the network
Plans for a Sui Dollar, which is issued by stablecoin firm Bridge, were introduced toward the end of last year.
Trump’s crypto adviser rejects Jamie Dimon on treating yield-bearing stablecoins like banks
White House adviser Patrick Witt said yield-bearing stablecoins needn't to face bank rules because the Genius Act bars issuers from lending reserves.
Trump urges passage of U.S. Clarity Act, attacks banks for 'undercutting' GENIUS
U.S. President Donald Trump said in a post on Truth Social that the banking industry is trying to undermine the stablecoin bill he signed into law last year.
International finance watchdog warns stablecoins are increasingly used in sanctions evasion and money laundering
In its latest report, the global standard setter FATF said stablecoins now account for the bulk of illicit crypto activity and pose growing risks through peer-to-peer transfers.
Circle shares boosted by Middle East tensions, rising oil, fading rate cut hopes, says Mizuho
The stock has risen about 20% since the U.S. strikes on Iran over the weekend.
Tether taps Deloitte for first USAT reserve report
The report is a third-party attestation, which provides a snapshot of reserves at a specific point in time, rather than a full audit of the company's finances.
EU banks’ euro-pegged stablecoin in talks with crypto exchanges to ensure liquidity
Qivalis is a group of 12 major EU banks developing a euro-pegged stablecoin they plan to debut in the second half of the year.
Stablecoin yield rewards (likely won't be) banned under OCC proposal: State of Crypto
The OCC's proposal's stablecoin yield procedures are the most ambiguous in that rulemaking plan.
