Stablecoin

Stablecoin Regulation Bill Advances During House Crypto Week

Republican leaders in the House of Representatives plan to approve legislation this week that would set clear rules for dollar-backed stablecoin issuers. The measure follows Senate approval on June 30 by a vote of 81–13 and represents Congress’s first comprehensive…

Stablecoin

Tether stores $8 billion in gold at Swiss vault matching UBS

The revelation by Tether CEO Paolo Ardoino on July 7 that the company holds approximately $8 billion in gold stored in a Swiss vault has drawn attention to the stablecoin issuer’s broader reserve management strategy. During an interview with Bloomberg…

Crypto Exchange

Coinbase climbs 38% on US stablecoin bill and MiCA approval

Shares of Coinbase hit their highest level in a year this week, reflecting growing regulatory clarity both in the United States and abroad. Since June 18, the stock of the leading U.S. crypto exchange has climbed 38%, driven by the…

Stablecoin

Tether adjusts to new audit rules under $156 Billion law

Congress is poised to integrate stablecoins into mainstream finance through the Genius Act, drawing interest from banks, startups and retailers such as Walmart. Signed by President Trump after reconciling Senate and House versions, the bill imposes strict oversight on digital…

Stablecoin

Mastercard enters USDG stablecoin network with 3 tokens

Mastercard isn’t standing on the sidelines as cryptocurrencies gain momentum. On Tuesday, the payments giant announced its entry into the Global Dollar Network, a stablecoin consortium launched in November 2024 by Paxos and six other partners. This move enables the…

Stablecoin

Crypto market jumps on stablecoin act as Circle gains 53%

The U.S. legislative landscape shifted dramatically this week as the Senate approved the GENIUS Act, marking the first comprehensive regulatory framework for stablecoins. This development sent shockwaves across the financial ecosystem, driving shares of the first publicly traded stablecoin issuer,…

Stablecoin

Canadian Crypto Firms Seek Approval for QCAD Stablecoin

Canadian Crypto Firms are responding to the US Senate’s progress on comprehensive stablecoin legislation by advancing their own initiatives north of the border. A Toronto-based startup supported by Coinbase Global Inc. has formally petitioned the Ontario Securities Commission to launch…

Crypto Exchange

Coinbase Offers E-Commerce Stablecoin Payments to Merchants?

Coinbase Global is unveiling a suite of payment tools designed to position stablecoins as a mainstream method for online transactions. The new Coinbase Payments platform arrives shortly after the US Senate approved landmark stablecoin legislation on June 17, 2025, and…

Stablecoin

czar David outlines 3 stablecoin rules set by Senate vote

In a recent Bloomberg Television interview, the White House crypto and artificial intelligence czar David Sacks highlighted the growing importance of clear regulatory frameworks for stablecoins in the United States. As the Senate passed landmark stablecoin legislation on Tuesday, market…

Stablecoin

Stablecoin bill okayed in US Senate, backs crypto and Trump

The US Senate has approved a bill that sets clear rules for the use and issuance of stablecoin, marking a step toward defining its role in the financial system. The legislation passed with a 68–30 vote, showing support across both…