Sen. Elizabeth Warren has called on the Senate to delay the passage of a controversial digital asset bill, warning of potential corruption linked to the Trump family’s stablecoin project. Over the weekend, Warren urged lawmakers to reconsider rushing through the bill. She pointed to the involvement of the Trump family’s World Liberty Financial in a […]
Concordium CEO Boris Bohrer-Bilowitzki warns that excessive dollar dependence could lead to systemic instability, stressing the need for multi-currency diversification. He envisions stablecoins playing a key role in payment finance (PayFi), offering instant settlements, lower fees, and programmability. Stablecoin Concentration Around a Single Currency Presents Risks The stablecoin market has been overwhelmingly dominated by USD-pegged
Trust, Not Size, Key to Stablecoin Success, Says Concordium CEO Read More »
Q1 2025 audit shows excess reserves down to $5.6 billion from $7 billion. Tether’s reserves are managed by Cantor Fitzgerald, raising scrutiny over potential conflicts. Competitor World Liberty Financial, backed by the Trump family, also plans to launch a stablecoin. Tether, the world’s largest stablecoin issuer by market capitalisation, is preparing to launch a US-based
Tether plans new US dollar stablecoin as reserves near $120B amid Washington lobbying Read More »
Andreessen Horowitz’s A16z crypto reports stablecoin volumes soaring to $1.82 trillion, igniting a payments revolution and accelerating adoption of instant, low-cost global finance infrastructure. $1.82 Trillion Stablecoin Explosion Sets off Payment Revolution in Global Finance Andreessen Horowitz’s crypto division, A16z crypto, highlighted a sharp rise in stablecoin activity in an April 25 editorial, reporting that
$1.82T Stablecoin Boom Set to Speedrun Banking History, Says A16z Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The stablecoin USD1, issued by World Liberty Financial, has been chosen to handle a major $2 billion investment from MGX into Binance, according to reports. This move marks a new chapter for the crypto exchange and adds fresh attention to the stablecoin
Trump-Linked Stablecoin USD1 Fuels $2 Billion Binance–Abu Dhabi Power Move Read More »
During a CNBC interview, Paolo Ardoino, Tether’s chief executive, disclosed that the firm intends to introduce a new stablecoin for the U.S. market this year. Tether Preps U.S. Stablecoin Launch, CEO Says It Outpaces TradFi in Enforcement Commanding the world’s largest stablecoin, with $148.94 billion in circulation, Tether has plans to launch yet another stablecoin
Report: Tether Targets US Market With New Stablecoin Launch by Year-End Read More »
U.S. Senators introduced a revised version of the GENIUS Act aimed at enacting stablecoin regulation on Thursday, marking a key step forward in the process of potentially advancing the legislation into law. Revised GENIUS Act Introduced In Senate According to a press release for Senate Majority Leader John Thune (R-SD), the new legislation will proceed
GENIUS Act Revival Triggers Senate Showdown Over $2B Trump Stablecoin Deal Read More »
Non-custodial Bitget Wallet has announced its integration with the universal crypto payment gateway Paydify. It is now Paydify’s first wallet integration partner. According to the press release, this integration allows merchants to accept stablecoin payments from Bitget Wallet users. They can pay through Paydify’s infrastructure with Tether (USDT) and USD Coin (USDC) at select online
Bitget Wallet and Paydify Partner to Expand Everyday USDT, USDC Payments Read More »
The USDC stablecoin issuer Circle has reportedly turned down an acquisition bid of between $4 billion and $5 billion made by Ripple. Circle Rejected Ripple Takeover Bid of $4-5B https://t.co/6VPRVN5hZx pic.twitter.com/mP3Ff6EEKU — matthew sigel, recovering CFA (@matthew_sigel) April 30, 2025 According to Bloomberg, people familiar with the matter disclosed that the bid was declined, with
Circle Rejects Ripple’s $5B Play—Is a Bigger Offer Coming? Read More »
Key Takeaways: Circle secures Abu Dhabi’s regulatory approval, edging closer to UAE dominance. Hub71 partnership grants Circle sandbox access and startup grants. IPO filing targets $4 billion valuation with JP Morgan and Citi Backing. Circle, the company behind USDC and EURC stablecoins, took a major step forward. Abu Dhabi’s Financial Services Regulatory Authority (FSRA) granted
Circle Gets Abu Dhabi Nod—Will Its $4B IPO Follow? Read More »
