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…
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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…
Circle secures 1.1 billion from IPO at 31 per share?
The initial public offering of Circle Internet Group Inc. marked a pivotal moment for stablecoin issuers, as the company and its shareholders successfully raised nearly $1.1 billion by pricing the offering above expectations. This event underscored growing acceptance of digital…
Circle eyes 896 million lifting share sale to 32 million
Stablecoin issuer Circle Internet Group Inc. is set to join the public markets this week after sharply expanding its initial public offering. The company and certain shareholders have lifted the deal to 32 million shares, raising the price range to…
Is Meta planning to use stablecoins after dropping Diem?
In 2019, Meta initiated a high-profile cryptocurrency project aiming to develop a digital currency that could function across its platforms, including Facebook and WhatsApp. Despite the ambitious vision, the project was halted due to substantial regulatory pushback. However, recent developments…
Trump family tied to $2B crypto deal using their stablecoin
The latest developments in the cryptocurrency space reveal an intricate web of transactions and business strategies involving former U.S. President Donald Trump and his family. With stablecoins becoming a lucrative financial instrument, the Trump family’s involvement in this sector is…
Will Visa launch stablecoin payments in Latin America?
Visa is expanding its presence in the digital payments space with a new product designed to enable stablecoin payments across six countries in Latin America. This move, made in collaboration with Bridge, a Stripe-owned company, illustrates a growing interest in…
Is Tether Delisting Affecting Europe in Trump Era Crypto?
The European Union’s Markets in Cryptoassets (MiCA) regulations are changing how stablecoins and digital assets are managed as they come into effect. Stablecoins like Tether (USDT) are already being impacted, with several exchanges in the EU removing them to align…
Stablecoins $205 Billion Market What’s Next for Global Payments
Stablecoins are becoming an important part of the cryptocurrency world, designed to hold a stable value tied to traditional currencies. These digital tokens have gained interest from financial institutions and technology companies. As the need for efficient and reliable payment…
Are Banks Turning to Stablecoins for Digital Payment Solutions?
Stablecoins are becoming an important part of how banks approach digital currencies and blockchain technology. These digital tokens, tied to fiat currencies, offer a way to bridge traditional banking with emerging financial systems. As regulations evolve and customer interest grows,…