Stablecoins
U.S. regulator's GENIUS pitch casts dark cloud over crypto sector's stablecoin model
The U.S. Office of the Comptroller of the Currency proposed rules that would govern stablecoins, including apparent limits on rewards that may affect Coinbase.
Circle's post-earnings surge nears 50% as short squeeze, not strong financials, fuels rally
The violent move had more to do with hedge funds' overcrowded bearish positioning getting wiped out than the company’s financial performance, one analyst pointed out.
OCC pitches stablecoin rules as U.S. Senate holds banking hearing in which crypto stars
Before the Senate Banking Committee gaveled its banking-oversight hearing to a start, crypto claimed much of the oxygen, including in an OCC policy push.
The UK is picking winners for its digital dollar future while Coinbase CEO cries foul
Coinciding with the FCA’s announcement of its stablecoin trial, Coinbase’s Brian Armstrong criticized the U.K.’s regulatory process, saying it puts the region's global crypto leadership at risk.
Tether invests $200 million in digital marketplace Whop to expand stablecoin payments
The online marketplace said it will embed Tether's crypto wallet tools and USDT, USAT tokens to power crypto payments for over 18 million users.
Leading stablecoin Tether shrinks again as market cap looks set for second straight monthly drop
Growth of tether and other top stablecoins has stalled, posing risk to the broader crypto market.
Payments giant Stripe reportedly mulling PayPal acquisition. Here is what it means for crypto
Bloomberg reported that Stripe — which has growing stablecoin and blockchain ambitions — is exploring a deal for the embattled fintech.
Crypto isn't losing to AI, its just 'capitalism doing its job,' says Dragonfly
Comparisons between AI’s explosive consumer adoption and crypto’s trajectory misunderstand the nature of the products, Dragonfly's Haseeb Qureshi told CoinDesk in an interview.
Stripe's Bridge sees stablecoin volume quadruple as utility insulates from 'crypto winter'
The payments giant says Bridge, its stablecoin arm, saw its transaction volume sky-rocket through last year as stablecoin adoption is decoupling from crypto cycles.
Hong Kong's RedotPay said to plan blockbuster $1 billion IPO in New York: Bloomberg
The stablecoin payments company has hired JPMorgan, Goldman Sachs and Jefferies, according to Bloomberg.
