Stablecoin
Cardano co-founder Charles Hoskinson has floated the idea of converting $100 million worth of ADA tokens into bitcoin BTC$104,854.21 and stablecoins. “We could take $100 million of ADA in the treasury, convert it to a blend of stablecoins …
The international unit of Alipay owner Ant Group plans to seek stablecoin licenses in Hong Kong and Singapore, Bloomberg reported on Thursday. Ant International will apply for a stablecoin issuer’s license evvel the regulatory regime comes into effect …
The U.S. Senate took the initial steps toward final approval of its first major crypto legislation as members opened voting Wednesday on the bill to set standards for U.S. stablecoin issuers, clearing the highest procedural hurdle with a 68-30 result …
Senate Democrats Elizabeth Warren and Richard Blumenthal want Meta to explain what its stablecoin plans are. In a letter sent to the social media giant on Wednesday, the lawmakers asked the company formerly known as Facebook to detail its stablecoin …
SINGAPORE – Brad Garlinghouse, CEO of crypto company Ripple Labs, stated at the XRP Ledger Apex, the Ripple (XRP) community conference in Singapore, that he remains bullish on stablecoins – a sentiment he said is reinforced by the recent blockbuster …
The House Agriculture Committee sent a major bipartisan message with a 47-6 advancement of the U.S. crypto market structure bill on Tuesday, marking the first of several expected developments in the advancement of digital assets legislation expected …
South Korean President Lee Jae-myung’s Democratic Party submitted a bill to parliament that would allow qualifying companies to issue stablecoins, Bloomberg reported on Tuesday. The Digital Asset Basic Act is aimed at improving transparency and …
SG Forge, the cryptocurrency division of French bank Société Générale, plans to introduce a dollar-backed stablecoin on the Ethereum and Solana blockchains, the bank said on Tuesday. The USD CoinVertible (USDCV) will start trading in early July and …
Deutsche Bank is studying stablecoins and tokenized deposits as part of its growing digital assets strategy, joining other major banks exploring blockchain infrastructure for payments and settlement. The bank is considering whether to issue its own …
The U.S. Senate may be fast approaching a final vote on regulating stablecoins, which would be a high-water mark for crypto legislation in Congress, but Representative French Hill said the Senate’s bill has some key differences with a similar effort …