Meta’s USDC pilot draws fire as Senator Warren demands stablecoin transparency

According to Binance’s Latam North General Manager, Daniel Acosta, stablecoins now account for up to 90% of the $28 billion in annual volumes transacted in the Peruvian crypto market. Acosta stressed that the driving use cases for stablecoins in Peru were cross-border payments and remittances. Stablecoins Dominate 90% of Peru’s Crypto Market Stablecoins have become […]

Coinbase x402 is now native to Amazon Bedrock AgentCore, letting AI agents pay for services in USDC without human input Coinbase x402 is now native to Amazon Bedrock AgentCore, letting AI agents pay for services in USDC without human input.…

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A US court has found that Meta’s AI ads tools materially developed fraudulent investment content, stripping Section 230 immunity and exposing the platform to securities fraud claims. A US court found that Meta’s AI ads helped create fraudulent investment content,…

Meta launched Muse Spark on April 8, its first fully closed AI model, abandoning its open-source Llama strategy Meta launched Muse Spark on April 8, its first fully closed AI model, abandoning its open-source Llama strategy. The launch marks the…

The US banking regulator has already approved similar charter applications for Coinbase, Ripple Labs, BitGo, Circle, Fidelity Digital Assets and Paxos.

The Senate Democrat said Meta’s reported plans to partner with a third-party stablecoin issuer could undermine “competition, privacy… and financial stability.”

Elizabeth Warren asked the Meta CEO to provide details on a stablecoin integration to the platform, a week after a small rollout to creators in Colombia and the Philippines.