Stablecoins

Stablecoins

Policy

Trumps May Have Sold Platform Stake as U.S. Stablecoins See Wave of Good News

Based on close readings of World Liberty Financial's website disclosures, the family of President Donald Trump may have dropped out of its majority holding.

World Liberty Financial leadership team. (Jesse Hamilton/CoinDesk)

Markets

Standard Chartered Sees New Growth Frontiers in Non-Stablecoin Tokenization

The next phase of real-world asset tokenization will go beyond stablecoins, targeting private markets and illiquid assets, the report said.

Standard Chartered logo on the side of a building.

Finance

Bitcoin DeFi Project Elastos Debuts BTC-Backed Stablecoin BTCD

BTCD developer Elastos' aim is to create a digital version of the Bretton Woods system, with BTC at its core rather than gold.

(engin akyurt/Unsplash)

Markets

Compliant Stablecoins Will Become the 'Money Layer of the Internet:' Canaccord

Stablecoins could find uses beyond that of a crypto trading pair after the U.S. Senate passed the GENIUS Act, the report said.

U.S. Capitol, Washington, D.C. (lazyllama/Shutterstock)

Policy

U.S. Senate Passes GENIUS Act to Regulate Stablecoins, Marking Crypto Industry Win

The legislation to set rules for stablecoin issuers is the first major digital assets bill to ever clear the Senate and now moves on to the U.S. House.

Bill Hagerty, a sponsor of the bill (Kevin Dietsch/Getty Images)

News Analysis

Can Tether's Dominance Survive the U.S. Stablecoin Bill?

Some uncertainties remain around the GENIUS Act that could establish U.S. stablecoin rules, and theories abound about how Tether may respond.

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

Markets

Stablecoin Clearing Startup Ubyx Raises $10M Round Backed by Galaxy, Coinbase, Others

The firm's stablecoin clearing system aims to facilitate adoption by solving the stablecoin sector's fragmentation problem.

Seed Funding Investment coins in a jar (Towfiqu barbhuiya/Unsplash/Modified by CoinDesk)

Markets

Walmart, Amazon Mull Dollar-Pegged Stablecoins in the U.S.: WSJ

Wall Street Journal reported that the retail giants are exploring digital currencies to bypass card fees and banks.

Walmart (CoinDesk Archives)

Finance

Shopify to Enable USDC Payments on Coinbase's Base for Merchants Worldwide

The integration is set to roll out on June 12 to a limited group of early access merchants, with wider availability expected later in the year.

Shopify app screen for merchants displayed on a mobile phone. (Roberto Cortese/Unsplash)