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Stablecoins
Tether Reorganizes Into 4 Divisions as It Expands Beyond Stablecoins
The company has formed four divisions to reflect its broadening focus: Data, Finance, Power and Edu(cation).
The Solution for Stablecoin Regulation
Senators Cynthia Lummis and Kirsten Gillibrand are proposing legislation to address the inadequacies in the stablecoin sector, and foster financial innovation in the United States. "The possibilities for using stablecoins are numerous," they write.
U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill
Senators Cynthia Lummis and Kirsten Gillibrand unveiled a new bill Wednesday, hoping to move the needle on stablecoin legislation.
Crypto-Skeptic Sen. Sherrod Brown Is Open to Advancing Stablecoin Legislation, Bloomberg Reports
In the House, Rep. Patrick McHenry recently said he remained optimistic about getting a U.S. stablecoin law passed.
Stablecoins Are Beneficial to U.S. Economy, Tether's Custodian Says
Stablecoins boost demand for U.S. Treasury notes, Howard Lutnick, the CEO of Tether custodian Cantor Fitzgerald, said.
Financial Stability Study Calls for Consistent Regulatory Response to Stablecoins
Countries have varying definitions and categorizations for stablecoins that may pose a risk to financial stability, the report by the Financial Stability Institute said.
Stablecoins Are Seeing Adoption as a Cross-Border Settlement Mechanism: Bernstein
Solana is leading the field in blockchain payments, but the network has scalability issues, the report said.
Stablecoin Growth Is More Important Cue for Crypto Bull Market Than Bitcoin ETF Inflows: Analyst
Rapidly expanding stablecoin supply shows that "fiat money is being moved into crypto at an accelerated pace," 10x Research's Markus Thielen said.
What Does Ripple’s Stablecoin Mean for XRP?
XRP has plenty of internet fans but Ripple has struggled to win real enterprise customers. Will its new stablecoin fill the gap and overshadow its existing token?
Bitcoin Hovers Near $65.5K; Cross-Chain Bridge Wormhole Debuts at $3B Valuation
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today as bitcoin hovers around the $66,000 level, holding on to losses during the Asian trading hours. Plus, insights on the increasing supply of stablecoins and cross-chain bridge Wormhole's airdrop of 617 million tokens.
