GENIUS Act fight grows as senators defend state regulators

The partnership could revolutionize cross-border payments, enhancing speed and reducing costs, but regulatory risks in China and India remain. The post Credible Finance partners with OwlTing to power stablecoin-based payments between China and India appeared first on Crypto Briefing.

BitMine’s $136M ETH buy and 9.5% preferred raise spotlight treasury demand as desks track basis, liquidity and funding costs. Could this revive Wall Street?

Ripple invested in Flutterwave to bring RLUSD into African business payments through a major cross-border network. The deal connects Ripple’s dollar-backed stablecoin with Flutterwave’s $3.2 billion payments platform, targeting faster settlement, remittances, and commercial payment flows. Ripple Brings Its Dollar Stablecoin Into Flutterwave’s Payment Network Ripple is betting that stablecoins can become a bigger part […]

Sui stablecoin transfer activity surged after a gasless transfer push, though analysts should treat the volume carefully.

A bipartisan group of US senators told the Treasury that its application of stablecoin laws should be done in a way that “preserves and promotes State participation.”

Wintermute’s weekly market outlook says bitcoin’s rebound was supported by an in-line U.S. inflation print and easing geopolitical stress. Still, the firm warned that a lasting crypto bottom remains unconfirmed without a clear return of ETF, stablecoin, and digital asset treasury inflows. Wintermute Sees No Confirmed Bottom Despite Bitcoin Rebound Bitcoin found some relief this […]

State Street has launched a government money market fund tailored for stablecoin issuers as new U.S. regulations begin to define how reserve assets can be managed under the GENIUS Act. According to State Street, the newly introduced State Street Stablecoin…

The GENIUS Act's banking-style oversight for stablecoins may reshape market dynamics, pressuring competitors to enhance compliance or risk exclusion. The post Circle CEO Jeremy Allaire argues SEC is not suitable regulator for stablecoins appeared first on Crypto Briefing.