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Stablecoins
As House Panel Kicks Tires on Stablecoin Bill, Old-School Finance Giants Reveal Shift
In a U.S. congressional hearing on the new House stablecoin bill, witnesses including BNY and a Wall Street super-lawyer further show a tradfi arrival.
Circle Upgrades Cross-Chain Transfer Protocol Promising Near-Instant USDC Settlements
CCTP V2 enables nearly instant USDC transfers between blockchains with new feature, reducing blockchain transaction times from minutes to seconds.
Thailand Regulator Adds USDC, USDT Stablecoins to Approved Cryptocurrencies
Previously, only bitcoin (BTC), ethereum (ETH), XRP, stellar (XLM) and certain tokens used in the Bank of Thailand’s settlement system were approved.
Stablecoin Market Cap Tops $200B as U.S. Sees Industry Helping Maintain Dollar Dominance
Stablecoins have surged since the U.S. election amid economic shifts and U.S. Treasury strategy.
U.S. Treasury's New Crypto Point Person Says Stablecoin Law a Good First Goal
Tyler Williams, an ex-industry lawyer hired as crypto counselor for Treasury Secretary Bessent, said there's a ton of inside work to be done in the department.
Bank of America CEO Says Bank Will Likely Launch Its Own Stablecoin
The United States Congress said that it would push to pass legislation on stablecoins in the first 100 days of the Trump administration.
Circle CEO Jeremy Allaire Wants Dollar-Backed Stablecoins to Register in U.S.: Bloomberg
“It shouldn’t be a free pass, right?” Jeremy Allaire, a co-founder of stablecoin issuer Circle said.
Dubai Approves Circle's Stablecoins USDC and EURC for Use in DIFC
The Dubai Financial Services Authority (DFSA) approved USDC and EURC as recognized crypto tokens within the Dubai International Financial Centre.
U.S. Stablecoin Adoption Is Being Hindered by a Lack of Regulation, S&P Says
Institutional use of these cryptocurrencies will increase once rules are in place, the report said.
Tether May Have to Sell Some Bitcoin to Comply With U.S. Stablecoin Rules: JPMorgan
Company data suggests that Tether's reserves are 66% compliant under the STABLE Act and 83% under the GENIUS Act, the report said.
