Trump-Linked Crypto Firm Has Drawn Fresh Scrutiny as U.S. Regulators Defend Stablecoin Oversight The Trump-linked crypto firm World Liberty Financial Inc. has drawn fresh scrutiny in Congress as U.S. bank regulators defended their handling of stablecoin rules and charter applications.…
Bybit has added support for Western Union’s USDPT stablecoin, becoming the first major cryptocurrency exchange to list the dollar-pegged token for trading, transfers, and custody. According to an announcement released on Thursday, users can now hold, transfer, and trade USDPT…
In an interview with Politico, Coinbase CEO Brian Armstrong pushed back on JPMorgan Chase chief Jamie Dimon’s criticism of the CLARITY Act. At the same time, the bank’s analysts said that the odds of the bill clearing Congress and reaching President Trump’s desk this year are becoming increasingly slim. CLARITY Act Would Be ‘Good For […]
The exchange integration gives Western Union’s dollar-pegged token access to crypto market liquidity as payment providers accelerate their adoption of stablecoins.
Russia has sanctioned 17-year-old British student Alexander Browder after his crypto research helped UK officials target a ruble-backed stablecoin network accused of moving funds for Moscow’s war economy. TASS, Russia’s state news agency, reported Tuesday that Browder was one of…
Six Republican senators have called on U.S. banking regulators to develop new capital standards for digital assets as Congress moves forward with legislation that could expand banks’ involvement in the crypto sector. According to a statement released Thursday, Senator Cynthia…
Visa has launched a proof-of-concept initiative with stablecoin infrastructure provider Brale to evaluate private, blockchain-based settlement for institutional payment flows using the SBC stablecoin on the Canton Network. Visa Expands Stablecoin Strategy The collaboration centers on SBC, a U.S. dollar-backed stablecoin issued by Brale, and will examine whether privacy-enabled blockchain infrastructure can support faster and […]
The consortium's stablecoin initiative could reshape global payments, challenging existing crypto leaders and leveraging vast distribution networks.
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