Fidelity is reportedly in advanced testing phases of its own stablecoin as part of its digital asset expansion, the Financial Times reported on March 26. However, a company spokesperson told Reuters that the firm does not have plans to launch the stablecoin in the near term. Earlier this month, a Fidelity unit filed to launch […]
Fidelity confirms stablecoin testing but no plans to launch yet Read More »
Sonic co-founder and lead architect Andre Cronje teased plans on March 25 to launch a new algorithmic stablecoin on the network within five weeks. Cronje highlighted that the new stablecoin could offer over 19% in annual percentage yield at $1 billion total value locked (TVL). He previously said on March 20: “Pretty sure our team
Andre Cronje teases algorithmic stablecoin on Sonic with projected 19%+ APY Read More »
People like to refer to Bitcoin as a trojan horse that we are going to smuggle into the legacy financial system and government. Stablecoins are a trojan horse into our system that has already been successfully smuggled in. Stablecoins are heralded as some savior of the developing world, a positive escape hatch for them from
Stablecoins Are The CBDCs Read More »
World Liberty Financial (WLFI), the decentralized finance project aligned with US President Donald Trump, has now unveiled details of its plan to release USD1, a US dollar-pegged stablecoin. According to a March 25 announcement, USD1 will launch first on Ethereum and Binance Smart Chain, with further blockchain integrations planned. The digital asset is designed to
World Liberty Financial releases USD1 stablecoin plans to ease pressure from scam clones Read More »
World Liberty Financial (WLFI), a DeFi project partly owned by US President Donald Trump’s family, has cautioned investors about fake versions of its yet-to-launch USD1 stablecoin. In a March 24 announcement on X (formerly Twitter), the project and Changpeng Zhao (CZ) clarified that USD1 is not yet available for trading. It urged the public to
World Liberty Financial cautions about USD1 scams amid upcoming stablecoin launch Read More »
The following is a guest post from Maksym Sakharov, Co-Founder & Group CEO of WeFi. The current markets are experiencing tailwinds due to the tariffs imposed by the U.S. administration and retaliatory measures from trading partners. So far, however, the market proponents are saying that Trump’s tariffs are primarily a negotiation strategy, and their effect
Dollar-pegged stablecoins are a hedge against volatility Read More »
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This Bitcoin Correction Is Different From March 2024—Here’s Why Read More »
China has raised concerns about the growing dominance of US dollar-backed stablecoins in global finance. A senior economist from one of the country’s research bodies has warned that their unchecked rise could further solidify the United States control over the international monetary system. Dollar-backed stablecoins raise concerns According to Zhang Ming, deputy director at the
China calls for digital yuan expansion amid US stablecoin dominance concerns Read More »
The survey was conducted in January at the height of Bitcoin’s all-time high of $109,000 59% of institutional investors are planning on allocating over 5% of assets under management to digital assets A further 75% said they intend to invest in some form of tokenization by 2026 Institutional investors remain bullish on crypto with 83%
The regulation of stablecoins in the US can reach President Donald Trump’s desk in two months, according to the Executive Director of the Presidential Working Group on Digital Assets Markets, Bo Hines. During a speech at Blockworks’ Digital Asset Summit, Hines said the market does not fully grasp how legislation on stablecoins can benefit the
Stablecoin bill could reach Trump’s desk within two months, says Bo Hines Read More »
