Stablecoins Archives - Page 17 of 18

Senate looks to push through GENIUS stablecoin bill before end of May

Leave a Comment / Regulation, Stablecoins / best time

Senate Republicans have accelerated efforts to bring the first comprehensive federal stablecoin legislation, the GENIUS stablecoin bill, to a floor vote before the Memorial Day recess. Senate Majority Leader John Thune formally moved to expedite consideration of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act this week, setting up a potential chamber-wide […]

Senate looks to push through GENIUS stablecoin bill before end of May Read More »

Tether boosts US Treasury holdings by B amid YoY profit drop

Tether boosts US Treasury holdings by $3B amid YoY profit drop

Leave a Comment / crypto, Earnings, Featured, Stablecoins / best time

Tether increased its exposure to US Treasuries by more than $3 billion between quarters while posting a steep year-over-year decline in quarterly profits. According to its latest attestation report published on April 30, Tether’s combined holdings of US Treasury bills, reverse repurchase agreements, and money market funds with Treasury exposure reached approximately $120 billion by

Tether boosts US Treasury holdings by $3B amid YoY profit drop Read More »

Ethena Labs partners with TON to integrate USDe into Telegram ecosystem

Leave a Comment / Ethena, Partnerships, Stablecoins, Technology, Telegram, Tokens, TON, USDe / best time

Ethena Labs, the team behind the synthetic dollar USDe, has announced a strategic partnership with the TON blockchain. According to a May 1 statement, this move brings both USDe and its yield-generating counterpart, sUSDe, directly into the Telegram ecosystem. Ethena said: “This represents one of Ethena’s most meaningful launches to date. [Telegram] Users within [in

Ethena Labs partners with TON to integrate USDe into Telegram ecosystem Read More »

Ripple’s reported billion offer for Circle rejected as too low

Ripple’s reported $5 billion offer for Circle rejected as too low

Leave a Comment / crypto, Deals, Featured, Stablecoins / best time

Ripple has proposed a takeover of Circle, offering between $4 billion and $5 billion to acquire the stablecoin issuer, Bloomberg News reported on April 30, citing sources familiar with the matter. Circle rejected the bid because it was too low, and no final decision has been made on whether Ripple will submit another offer. The

Ripple’s reported $5 billion offer for Circle rejected as too low Read More »

SEC closes PayPal stablecoin probe, clearing regulatory hurdle for PYUSD

Leave a Comment / Legal, Regulation, Stablecoins / best time

The U.S. Securities and Exchange Commission has formally ended its inquiry into PayPal’s dollar-backed stablecoin, PYUSD, opting not to pursue enforcement action, according to the company’s latest 10-Q filing. The decision, disclosed in Q1 2025 financials, follows a November 2023 subpoena that had raised industry speculation over whether PYUSD might be treated as an unregistered

SEC closes PayPal stablecoin probe, clearing regulatory hurdle for PYUSD Read More »

Tether Flexes Strength With 7.7-Ton Gold Reserve For XAUT

Leave a Comment / Altcoin News, crypto, gold, Stablecoins, Tether, USDT, XAUT / best time

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Tether’s gold-backed token XAUT has increased significantly during the first quarter of 2025, the company’s official attestation published on April 28 stated. Every token is equivalent to one troy ounce of physical gold, and the current supply is backed by nearly eight

Tether Flexes Strength With 7.7-Ton Gold Reserve For XAUT Read More »

Trump-backed stablecoin USD1 hits over billion market cap on BNB

Trump-backed stablecoin USD1 hits over $1 billion market cap on BNB

Leave a Comment / Adoption, Featured, Stablecoins / best time

World Liberty Financial’s (WLFI) USD1 stablecoin has officially surpassed $1 billion in market capitalization on BNB Chain following a series of high-volume mints executed within a single hour. The surge solidifies USD1’s standing as one of the fastest-growing decentralized stablecoins in the crypto ecosystem and marks a major milestone for the Trump family-backed protocol. On-chain

Trump-backed stablecoin USD1 hits over $1 billion market cap on BNB Read More »

Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem

Leave a Comment / Abu Dhabi, circle, Partnerships, Regulation, Stablecoins, Technology, uae, USDC / best time

Circle, the issuer of the USDC stablecoin, has secured initial approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi. The approval, announced on April 29, allows Circle to move closer to receiving a full Financial Services Permission (FSP) to operate within the Abu Dhabi Global Market (ADGM). This progress comes just months after Circle’s

Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem Read More »

Brazil Launches 1st Ever Spot XRP ETF — Is A US Approval Coming?

Leave a Comment / Altcoins, Brazil, crypto, Crypto News, ETF, ripple, Stablecoins, xrp / best time

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Brazil has emerged as the first country to introduce an XRP ETF, providing its investors with a fresh means to tap into the cryptocurrency market. Hashdex Launches XRP ETF On Latin America’s Biggest Exchange Hashdex, an asset manager, listed the XRP spot

Brazil Launches 1st Ever Spot XRP ETF — Is A US Approval Coming? Read More »

Custodia CEO slams Fed policy for giving big banks preferential treatment in stablecoins

Leave a Comment / Banking, Featured, Regulation, Stablecoins / best time

Custodia Bank CEO Caitlin Long accused the US Federal Reserve of quietly maintaining anti-crypto policies that favor large banks while presenting an appearance of regulatory easing. Long criticized the Fed for rescinding several restrictive crypto policies last week while keeping in place a key rule from January 2023 that blocks banks from directly engaging with

Custodia CEO slams Fed policy for giving big banks preferential treatment in stablecoins Read More »