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Stablecoins
Tether’s USDT to Launch on Kusama With Polkadot to Follow
It’s slated to become the first stablecoin to launch on Polkadot.

Crypto Long & Short: Bitcoin Outflows Aren't the Bullish Signal You Think They Are
Exchange flows shift as tether continues to replace bitcoin, building quote currency dominance in altcoin trading.

Jeremy Allaire Breaks Down Visa’s Embrace of Crypto Payments
Jeremy Allaire of Circle weighs in on Visa’s recent decision to settle payments on the Ethereum network using USDC. Allaire explains how Visa’s identity as a “network of networks” can translate to crypto, how blockchain payments can speed up financial transactions and the role of stablecoins like USDC in crypto payments.

UK to Focus Regulation on Stablecoins Rather Than Crypto in General: Report
“We believe the case for intervention in the wider cryptocurrency markets is less immediately pressing,” Economic Secretary to the Treasury John Glen said Tuesday.

Avanti's Caitlin Long on the Crypto Bank's $37M Raise
Avanti Bank CEO Caitlin Long joins “All About Bitcoin” to discuss plans for the bank's launch after raising $37M. Long explains what sets Avanti apart from banks with the Office of the Comptroller of the Currency's (OCC) approval to be federally chartered. Plus, her thoughts on Visa’s decision to allow settlement transactions in stablecoin USDC.

Visa Now Allows Payments to Be Settled Using Crypto on Ethereum Blockchain
It's a big win for mainstream crypto acceptance: Visa processed a payment in USD Coin (USDC), a stablecoin, on the Ethereum blockchain and plans to roll out the service to its partners later this year. "The Hash" panel weighs in on the significance of Visa's move and what it might mean for crypto as a whole.

Sam Bankman-Fried on FTX's Naming Rights for Miami Heat Arena, NFTs and Visa's Crypto Future
Bitcoin billionaire and FTX CEO Sam Bankman-Fried joins "First Mover" to discuss FTX's $135M deal to win the naming rights for the Miami Heat arena and how he thinks it will benefit FTX. Plus, his thoughts on DeFi, the NFT boom and Visa's decision to allow settlement transactions in stablecoin USDC.

Microsoft President Says Fintech Firms Should Leave Digital Currencies to Governments
"We’re not a bank and we don’t want to become a bank and we don’t want to compete with our customers who are banks," said Brad Smith.

Brian Brooks: Does the Digital Dollar Have to Be Built by the Government?
Former Acting Comptroller of the Currency Brian Brooks reacts to Powell’s and Yellen’s comments on the digital dollar project, saying a “government-issued digital dollar doesn’t fulfill the promise of a network-based economy … the way that private stablecoins do.” Brooks says that “most good things in our lives were built by the private sector.
