Stablecoins
Circle CEO Jeremy Allaire Wants Dollar-Backed Stablecoins to Register in U.S.: Bloomberg
“It shouldn’t be a free pass, right?” Jeremy Allaire, a co-founder of stablecoin issuer Circle said.
Dubai Approves Circle's Stablecoins USDC and EURC for Use in DIFC
The Dubai Financial Services Authority (DFSA) approved USDC and EURC as recognized crypto tokens within the Dubai International Financial Centre.
U.S. Stablecoin Adoption Is Being Hindered by a Lack of Regulation, S&P Says
Institutional use of these cryptocurrencies will increase once rules are in place, the report said.
Tether May Have to Sell Some Bitcoin to Comply With U.S. Stablecoin Rules: JPMorgan
Company data suggests that Tether's reserves are 66% compliant under the STABLE Act and 83% under the GENIUS Act, the report said.
Circle's USDC Hits Record Market Cap Over $56B as Stablecoin Demand Soars
USDC and USDT minting accelerated in the past weeks, providing a bullish signal for crypto markets despite declining token prices.
Stablecoin Revolution: Challenging Risk-Free Rates With On-Chain Money Markets
DeFi’s base rate for lending stablecoins is a structural shift that challenges traditional finance by demonstrating the sustainability of high-yield, low-risk on-chain money markets, says Index Coop’s Crews Enochs.
Fed's Powell Says He's Also Worried About Debanking That Strained U.S. Crypto
As crypto firms and their new government allies rail against U.S. regulators for chasing them out of banking, Powell says such tales are a worry he'll address.
Tether Inflows to Exchanges Surged to $2.7B During Recent BTC Price Drop to $90K, Analytics Firm Says
The unusually high capital inflows likely stemmed from margin calls and bargain hunting.
U.S. Regulator Pursuing Tokenization Pilot to Tap Stablecoins as Collateral
Caroline Pham, the Commodity Futures Trading Commission chief tapped by President Donald Trump, is hosting a CEO summit on one of her longstanding policy aims.
Tether Reports $13B Profit for 2024, With Rising Bitcoin, Gold Prices Contributing
The group also increased its bitcoin holdings last quarter for the first time since March, holding nearly 84,000 BTC worth about $7.8 billion as of year-end.
