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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