Stablecoins Archives - Page 2 of 10

Senate Likely To Pass Stablecoin Legislation Next Week – Bloomberg

Leave a Comment / crypto, Crypto News, crypto regulation, cryptocurrencies, Cryptocurrency, stablecoin bill, Stablecoin Legislation, Stablecoin news, Stablecoins / best time

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Senate has moved forward with bipartisan legislation aimed at regulating stablecoins, a measure supported by both the crypto sector and President Donald Trump. Following a 68-30 procedural vote on Wednesday, the bill is set to face final approval as early […]

Senate Likely To Pass Stablecoin Legislation Next Week – Bloomberg Read More »

Plasma reopens deposits, secures billion in 30 minutes for XPL

Plasma reopens deposits, secures $1 billion in 30 minutes for XPL

Leave a Comment / Analysis, Payments, Plasma, Stablecoins, Technology, USDC, USDT, XPL / best time

Investor demand for Plasma’s upcoming XPL token continues to soar, with the stablecoin infrastructure platform now securing $1 billion in deposits to support the planned sale. Plasma confirmed that its revised $1 billion deposit cap was reached in under 30 minutes on June 12, doubling its initial $500 million target. The firm stated that 2,900

Plasma reopens deposits, secures $1 billion in 30 minutes for XPL Read More »

Bank of America to Consider Stablecoins After Crucial Crypto Laws Pass, CEO Announces

Leave a Comment / Bank of America, crypto, Crypto News, crypto regulation, Cryptocurrency, Stablecoin Legislation, stablecoin market, Stablecoin news, Stablecoins / best time

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Brian Moynihan, CEO of Bank of America (BAC), announced on Wednesday that the bank is poised to explore stablecoins once significant crypto legislation is enacted. Future Of Stablecoins In Focus Speaking at a Morgan Stanley conference in New York, Moynihan emphasized the

Bank of America to Consider Stablecoins After Crucial Crypto Laws Pass, CEO Announces Read More »

Binance Proof Of Reserves Shows Exchange Holds No Ethereum Or Solana, So What Do They Hold?

Leave a Comment / Binance, Binance Coin, BNB, BUSD, Crypto News, Doge, Dogecoin, ETH, ETH price, Ethereum, ethereum price, ethusd, ETHUSDT, FDUSD, MartyParty, SHIB, Shiba Inu, Sol, Solana, Stablecoins, USDC, xrp, zk-SNARK Cryptography / best time

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) and Solana (SOL) take center stage in Binance’s latest Proof of Reserves (PoR) audit published on June 1. As the world’s largest crypto exchange in terms of trading volume, Binance reaffirms that all customer assets are fully backed at a

Binance Proof Of Reserves Shows Exchange Holds No Ethereum Or Solana, So What Do They Hold? Read More »

Fortune 500 Executives Are Eyeing Stablecoins Like Never Before—Study

Leave a Comment / Altcoin News, Bitcoin, Coinbase, crypto, Fortune 500, Stablecoins / best time

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US firms are warming up to stablecoins at a pace we haven’t seen before. Interest jumped from 8% in 2024 to 29% this year among 100 executives at Fortune 500 companies. That’s more than three times the level of a year ago.

Fortune 500 Executives Are Eyeing Stablecoins Like Never Before—Study Read More »

Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act

Leave a Comment / Adoption, crypto, Featured, Regulation, Stablecoins, TradFi / best time

Bank of America CEO Brian Moynihan confirmed the lender plans to issue a dollar-pegged stablecoin and is working on an internal build conducted alongside other industry participants, Reuters reported on June 11. However, Moynihan added that any progress in a potential launch would be contingent on forthcoming federal rules. He also told investors the bank

Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act Read More »

Senate’s 68-30 cloture vote speeds GENIUS Act toward simple majority passage

Leave a Comment / crypto, Featured, Legislation, Regulation, Stablecoins / best time

The Senate voted 68-30 on June 11 to invoke cloture on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, ending the filibuster option and moving the bill toward a final floor vote that will require a simple majority. Majority Leader John Thune, who controls the chamber’s schedule, started the 30-hour post-cloture clock

Senate’s 68-30 cloture vote speeds GENIUS Act toward simple majority passage Read More »

Russian crypto CEO charged in 0M laundering scheme tied to US sanctions

Russian crypto CEO charged in $530M laundering scheme tied to US sanctions

Leave a Comment / Crime, Russia, Stablecoins, USA / best time

Evita Pay used USDT to funnel cross-border payments. Clients included Sberbank, VTB Bank, Sovcombank, and Rosatom. 22-count indictment includes money laundering, wire fraud. In a sweeping indictment that highlights growing enforcement around sanctions evasion and crypto misuse, US federal prosecutors have charged Russian national Iurii Gugnin with running a sophisticated cross-border fraud and money laundering

Russian crypto CEO charged in $530M laundering scheme tied to US sanctions Read More »

SocGen doubles down on stablecoins with USD launch and BNY custody

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

Societe Generale-FORGE (SG-FORGE), the crypto-asset arm of French banking giant Societe Generale, has announced the launch of a new U.S. dollar-pegged stablecoin, the USD CoinVertible (USDCV), set to operate natively on both the Ethereum and Solana public blockchains. The launch marks SG-FORGE’s second stablecoin initiative, following the EUR CoinVertible (EURCV) release in April 2023. Like

SocGen doubles down on stablecoins with USD launch and BNY custody Read More »

Stablecoins Outpace PayPal as U.S. Lawmakers Mull Tightened Rules

Leave a Comment / Cryptocurrency News, Stablecoins / best time

Stablecoins have reached a new milestone in their integration into global finance. With a combined market cap now topping $210 billion—surpassing that of PayPal—fiat-pegged tokens are becoming central to how money moves in the digital age. That momentum is now prompting a regulatory reckoning. The GENIUS Act of 2025, currently under Senate review, seeks to

Stablecoins Outpace PayPal as U.S. Lawmakers Mull Tightened Rules Read More »