Stablecoins
Nestcoin CEO on Real World Utilities of Stablecoins in Nigeria
Nestcoin CEO and co-founder Yele Bademosi discusses the real world utility of digital assets in Nigeria, citing the use of stablecoins like USDT in cross-border money movements.
Olive-Oil Producer Issues First Euro-Stablecoin-Denominated Bond on Obligate’s DeFi Platform
The debt sale was the first of its kind for the French sustainable agriculture business.
Stablecoin Market Shrinks for 14th Straight Month, Posing Potential Headwinds for Crypto Prices
The contraction of the stablecoin market suggests that the crypto market is still in its bear phase, macro analyst Tom Dunleavy said.
Bitcoin Climbs Past $27.4K but Remains in Holding Pattern as Investors Continue U.S. Debt Limit Vigil
Ether and most other major altcoins rise slightly, even as stocks drop amid worries about debt ceiling negotiations.
EU Banks Could Access Stablecoins More Easily Under Leaked Plans
The European Commission's plans could moderate a push from Parliament to discourage crypto holdings as it debates new capital requirements for banks.
Rep French Hill on Stablecoin Regulation: ‘We’re Not Starting from Scratch’
Rep. French Hill (R-Ark.) addressed the House Subcommittee on Digital Assets, Financial Technology and Inclusion during Thursday’s hearing entitled: Putting the ‘Stable’ in ‘Stablecoins:’ How Legislation Will Help Stablecoins Achieve Their Promise. “We're not starting from scratch,” Hill said. “The similarities between the two proposals are strong, and that's why we're not that far apart.”
U.S. Hearing Highlights Stablecoin Rift in Competing House Bills
Republicans focused on the chances for legislative compromise while Democrats characterized their stablecoin positions as a deepening divide.
House Democrats Consider New Stablecoin Bill Proposal: Source
The proposal comes weeks after Republicans introduced their own discussion draft of a new bill.
EU Could Veto Large Stablecoins During MiCA Approval Process, Regulator Signals
The European Banking Authority doesn’t want private permissionless crypto initiatives to threaten monetary policy privileges.
Tether Reports $1.48B Profit in Q1, Reveals Bitcoin, Gold Reserves
The company’s USDT stablecoin has seen rapid growth this year as the U.S. banking crisis hit rivals.
