Brazil’s Largest Bank Itaú Unibanco Eyes Stablecoin Launch
Itaú Unibanco, Brazil’s largest bank, is exploring the launch of a stablecoin amid shifting Latin American crypto regulations.According to Guto Antunes, Itaú’s head of...
Donald Trump Is Attempting to Replace the US Dollar with His Personal Stablecoin, Lawmakers Allege
Donald Trump has come under fire recently over conflicts of interest with the World Liberty Financial stablecoin, USD1.According to California Representative Maxine Waters, the...
U.S. House Committee Advances Stablecoin Bill With Bipartisan Support
The US House committee approved a stablecoin bill with bipartisan support in a 32-17 vote.The bill mandates stablecoins be backed one-to-one with dollars or...
Ripple Labs Integrates RLUSD, Powering Payment Ecosystem
RLUSD integration boosts Ripple Payments' cross-border payment efficiency globally.Ripple's RLUSD adoption surpasses $250M in market cap, gaining global traction.Binance's CZ acknowledges Ripple's role in...
Japan’s SMBC Explores Stablecoin Use With Ava Labs and Fireblocks
Sumitomo Mitsui Financial Group (SMBC) is working with Ava Labs, Fireblocks, and TIS to develop a stablecoin framework in Japan.The stablecoin aims to streamline...
Binance-Backed FDUSD Stablecoin Falls Below Peg After Justin Sun Alleges Issuer Insolvency
Binance-backed stablecoin drops to $0.95 after Justin Sun claims issuer insolvency. Court docs allege First Digital Trust diverted TUSD funds, requiring Sun’s $456M bailout. FDUSD struggles...
Coinbase CEO Pushes for Stablecoin Interest in the U.S.
Coinbase CEO pushes for U.S. stablecoin interest to benefit consumers and boost financial inclusion.Regulatory delays prevent stablecoins from offering yields like traditional bank accounts,...
Understanding Stablecoins: A Gateway to Crypto Investing
Stablecoins offer a unique entry into the cryptocurrency world, blending stability with digital innovation. These assets maintain consistent value by tying themselves to reserves...
Wyoming to Launch U.S. State-Issued Dollar-Pegged Stablecoin
Wyoming to launch the first state-issued, dollar-backed stablecoin (WYST).The stablecoin will be backed by U.S. Treasury assets and repurchase agreements.The initiative aligns with national...
GENIUS Act Advances as Senate Panel Pushes Pro-Crypto Stablecoin Bill
The Senate Banking Committee approved the GENIUS Act by an 18-6 vote shifting stablecoin oversight from the SEC to the OCC.SEC nominee Paul Atkins...
Fidelity to Launch Stablecoin in May as U.S. Regulatory Clarity Grows
Fidelity's stablecoin launch in May positions it to challenge Tether and Circle in the U.S market.U.S. regulatory clarity boosts institutional interest in blockchain-based products...
World Liberty Financial Launches USD1 Stablecoin on Ethereum and BNB Chain
WLFI’s USD1 stablecoin is deployed on Ethereum and BNB Chain, entering a testing phase.Lookonchain data reveals Wintermute’s involvement in the token’s early testing, hinting...
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