Stablecoins


Policy

U.S. House Stablecoin Bill Goes Live in Flurry of Crypto Activity on Capitol Hill

The House version of stablecoin legislation was released publicly as another bill on crypto clarity was reintroduced and the Senate weighed its crypto IRS effort.

CoinDesk

Policy

Sen. Gillibrand Warns Against a ‘Watered-Down’ Stablecoin Bill

Gillibrand suggested that the long-awaited stablecoin bill could become law before the August recess.

U.S. Sen. Kirsten Gillibrand (D-NY) (Photo by Andrew Harnik/Getty Images)

Policy

Trump-Tied World Liberty Financial Pitches Its Stablecoin in Washington With Don Jr.

The president's son, Donald Trump Jr., connected to a Washington crypto event via video to talk up crypto and to back the family's link to World Liberty.

Don Jnr

Finance

Crypto Exchange Bitso Launches Stablecoin Business, Eyeing LatAm Cross-Border Payments

The newly established subsidiary, Juno, will first issue a Mexican peso stablecoin on Ethereum layer-2 Arbitrum.

Mexico flag (Unsplash)

Finance

Fidelity Investments Prepares to Unveil Its Own Stablecoin: FT

A Fidelity stablecoin could fill the role of cash in the blockchain-based version of its U.S. dollar money market fund

(Shutterstock/Jonathan Weiss, modified by CoinDesk)

Tech

World Liberty Financial-Labeled Tokens Spark Speculation of Trump-Backed Project's Stablecoin Launch

The World Liberty Financial USD token was deployed on Ethereum and BNB Chain earlier this month, and addresses linked to Wintermute and BitGo interacted with the token.

Donald Trump (BarBus/Pixabay)

Markets

Real-World Assets Cross $10 Billion in Total Value Locked: DeFiLlama

Growth comes from increases in TVL on Ethena USDtb and BlackRock's BUIDL.

A Treasury Bill

Finance

Tether Ranks Among Top Buyers of U.S. Treasuries in 2024, Firm Says

The firm said it purchased a net $33.1 billion worth of U.S. Treasury securities last year.

Treasury image via Shutterstock

Finance

Crypto Wallet Provider Utila Raises $18M as Institutional Demand for Digital Asset Management Soars

The crypto infrastructure provider has processed $8 billion in transactions in a month, CEO Bentzi Rabi told CoinDesk in an interview.


Finance

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.