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Stablecoins
Stablecoin Protocol Level Aims to Expand $80M DeFi Yield Token With Fresh Capital Raise
The protocol's lvlUSD stablecoin hit $80 million market capitalization since its beta launch and outperformed rival yield-generating stablecoins, founders told CoinDesk in an interview.
U.S. Senate Takes First Big Step to Advance Stablecoin Bill
The first committee approval of a stablecoin bill in this new congressional session now moves the so-called GENIUS Act toward the Senate floor.
Tether’s Paolo Ardoino Says Stablecoin Issuer ‘Has Been Through Hell’, Is Cheered On at Cantor Conference
Ardoino spoke at the Cantor Fitzgerald Global Technology Conference on Wednesday as he continued his first trip to the United States.
Crypto Payments Firm Mesh Raises $82M as Stablecoin Adoption Soars
The fundraising was completed using PayPal's PYUSD stablecoin and was led by Paradigm.
As House Panel Kicks Tires on Stablecoin Bill, Old-School Finance Giants Reveal Shift
In a U.S. congressional hearing on the new House stablecoin bill, witnesses including BNY and a Wall Street super-lawyer further show a tradfi arrival.
Circle Upgrades Cross-Chain Transfer Protocol Promising Near-Instant USDC Settlements
CCTP V2 enables nearly instant USDC transfers between blockchains with new feature, reducing blockchain transaction times from minutes to seconds.
Thailand Regulator Adds USDC, USDT Stablecoins to Approved Cryptocurrencies
Previously, only bitcoin (BTC), ethereum (ETH), XRP, stellar (XLM) and certain tokens used in the Bank of Thailand’s settlement system were approved.
Stablecoin Market Cap Tops $200B as U.S. Sees Industry Helping Maintain Dollar Dominance
Stablecoins have surged since the U.S. election amid economic shifts and U.S. Treasury strategy.
U.S. Treasury's New Crypto Point Person Says Stablecoin Law a Good First Goal
Tyler Williams, an ex-industry lawyer hired as crypto counselor for Treasury Secretary Bessent, said there's a ton of inside work to be done in the department.
