In brief The OCC opened a 60-day comment period on draft rules implementing the GENIUS Act. The proposal prohibits anyone other than a “permitted payment stablecoin…
Browsing: Stablecoins
CZ said Binance holding 87% of USD1 reflects user demand, arguing the exchange dominates most major stablecoins. Binance users hold about 87% of USD1, the Trump-linked…
In brief Sen. Cynthia Lummis has urged banks to “embrace” stablecoins, calling them a faster, cheaper payment rail and “an entirely new financial product” for customers.…
As Congress debates crypto market structure legislation, one issue has emerged as especially contentious: whether stablecoins should be allowed to pay yield.On one side, you have…
One of the inventors of Ethereum, Vitalik Buterin, argues that Ethereum needs better decentralized stablecoins to truly give people independence from the traditional financial system. “We need…
In brief The stablecoin supply jumped $100 billion to a total of $314 billion in 2025. Tether leads in transaction activity, followed by Ripple’s RLUSD and…
Two major economies are tightening control over digital currencies just as the US pushes to cement its leadership in the stablecoin sector. Israel is accelerating its…
Canada’s government managed to pass its federal budget in parliament that would — among many other things — institute a stablecoin policy.Parliament narrowly passed Prime Minister…
In brief China’s central bank will continue cracking down on domestic crypto operations while monitoring overseas stablecoin developments. PBOC Governor Pan warned stablecoins “can’t meet the…
In brief Payments processor Zelle will use stablecoins to expand internationally. Zelle is owned by Bank of America, Capital One, JPMorgan Chase, PNC Bank, Truist, U.S.…