Intercontinental Exchange, the parent company of the New York Stock Exchange, said it plans to explore using Circle’s stablecoin and tokenized asset to develop new products, joining a roster of U.S. traditional financial giants pushing into crypto …

TradFi giant Northern Trust (NTRS) will provide custody and cash management services for trade finance focused stablecoin issuer Haycen, the company said in a press release Thursday. Northern Trust Asset Servicing will be responsible for providing …

U.S. Senator Kirsten Gillibrand (D-N.Y.), one of the leading Democrats supporting crypto legislation, warned the industry against pushing for a “watered-down” version of the long-awaited stablecoin legislation currently moving through the Senate …

Wyoming state is making steps towards launching a stablecoin later this year, which could be the first fiat-backed and fully reserved token issued by a public entity in the U.S., state officials said at the DC Blockchain Summit on Wednesday. The …

Legislators convened a panel to discuss what stablecoin and market structure bills need to address.

The United States Congress said that it would push to pass legislation on stablecoins in the first 100 days of the Trump administration.

“It shouldn’t be a free pass, right?” Jeremy Allaire, a co-founder of stablecoin issuer Circle said.

The YLDS stablecoin, backed by prime money market funds, offers daily interest and 24/7 peer-to-peer transfers.

Institutional use of these cryptocurrencies will increase evvel rules are in place, the report said.

The project, which also claims Tether’s Paolo Ardoino as an investor, aims to enhance stablecoin adoption through a Bitcoin sidechain that allows zero-fee USDT transactions.