2023-5-13 21:03 |
USDC brings stability to cryptocurrency. It would behoove the financial system if policymakers took measures to foster its adoption. origin »
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As demand for dollar-pegged liquidity continues to rise, Tether's [USDT] footprint is beginning to compete with Ethereum [ETH] for the market's #2 spot. Things are heating up! Tether closes in on The post How USDT’s $185B growth could challenge Ethereum’s position appeared first on AMBCrypto.
Once dominated by a handful of heavyweights, there's now buzz around more newer entrants in stablecoins. The market is set to be a lot more more competitive and dynamic than it has been in years! HerThe post Stablecoins hit a turning point as Fidelity launches FIDD – Details appeared first on AMBCrypto.
Treasury Secretary Scott Bessent told Congress he has no authority to bail out Bitcoin. The exchange came during a Senate Banking Committee hearing, when Senator Brad Sherman asked whether the Treasury could intervene to support cryptocurrency prices.
The White House's end-of-February deadline for banks and crypto firms to resolve the “stablecoin yield” debate exposes a structural fault line that was never going to stay buried. This isn't a speed bump on the road to crypto-friendly regulation.
Spain's BBVA has joined the Qivalis consortium alongside eleven major European banks to develop a euro-based stablecoin. The project seeks regulatory approval and commercial launch in late 2025.
KBank has filed 13 trademark applications, including names like KSC Wallet, KSTA Wallet, Kstable Wallet, and Kbank SC Wallet. The post KBank Files for Stablecoin Wallet Trademark as IPO Plans Accelerate appeared first on Coinspeaker.
China seeks to make the renminbi a true reserve currency, but the numbers reveal a story in which Beijing's capital controls create conditions for Bitcoin and dollar stablecoins to thrive as workarounds rather than competitors.