469 articles
Patrick Witt, the White House crypto advisor, said GENIUS-compliant stablecoins will 'actually lead to deposit inflows.'
The venture capital arm will deploy 4 billion yen ($25 million) over the next few years to local bitcoin infrastructure firms.
A proposed plan by the agency would ban “pass-through insurance“ for stablecoins by third parties in addition to the FDIC not insuring deposits under the law.
Wells Fargo has applied for a trademark for "WFUSD" for potential use in service categories that mention crypto and stablecoins.
The prediction market is the first to use the USD1 stablecoin as its main settlement layer, creating a “faster, simpler” user experience.
The chairman of the U.S. Federal Deposit Insurance Corp. made clear that even pass-through deposit insurance won't be allowed from third-party firms.
The payments app offers 6% yield on balances and peer-to-peer transfers inside X, competing directly with the same demand stablecoin products are targeting. No mention of dogecoin or any crypto functi...
Shares of the stablecoin issuer have seemingly decoupled from the broader crypto market, gaining 49% this year and doubling since early February.
Digital dollar use in payments and crypto markets may slowly pull deposits from banks, forcing lenders to seek pricier funding, a new report by Jeffries finds.
The collaboration will provide custody and trading infrastructure as StableX builds a $100 million digital asset treasury focused on stablecoins.
The investment bank says such a move would benefit stablecoin issuers but could also create another obstacle for passing the Clarity Act.
As the window narrows to pass a crypto market structure bill this year, lawmakers told bankers at a Washington summit that the final bill won't risk deposits.
