1 month ago
How SVB’s Failure Unintentionally Rescued USDC
The systemic risk exception led to the unintentional rescue of USDC amid the SVB bank failure in March 2023. What this means for the crypto…
Tag: stablecoins
1 month ago
South Korea Launches Roadmap for Won Stablecoins and Currency Reforms
South Korea has introduced a roadmap to establish won-backed stablecoins and reform currency exchange regulations to enhance cross-border transactions.
1 month ago
Circle President Heath Tarbert Sells $30.8M in CRCL Shares
Heath Tarbert sold $30.8 million in Circle shares amid competition in the stablecoin market, but retains over 500,000 shares.
1 month ago
One Year Since the GENIUS Act: Progress and Challenges in Stablecoin Regulation
The GENIUS Act reaches its first anniversary, marking significant developments in U.S. stablecoin regulation amid ongoing challenges and ethics concerns.
1 month ago
Tether Faces Compliance Challenges as USDT Countdown Begins
Tether's USDT has a two-year countdown to comply with the US GENIUS Act, raising concerns about its future in the U.S. crypto markets.
1 month ago
Circle’s Heath Tarbert Champions USDC Amidst Rising Competition
Circle's President Heath Tarbert defends USDC as competition from Open USD impacts company shares, highlighting USDC’s market position and future strategy.
1 month ago
Visa and Mastercard Shape the Future of Bitcoin Payments
Visa and Mastercard are now pivotal in Bitcoin payments, fulfilling early predictions about crypto and traditional finance partnerships.
1 month ago
SWIFT Launches Blockchain Ledger for Tokenized Deposits, Not Stablecoins
SWIFT introduces its blockchain ledger for tokenized deposits with major banks, marking a significant shift in the cross-border payments landscape.
1 month ago
Crypto Executives Predict Digital Generations May Forego Bank Accounts
Crypto leaders foresee younger generations relying on wallets and stablecoins, potentially reducing or eliminating traditional bank account needs.
1 month ago
U.S. Targets Brazil’s Payment System Amid Rising Dollar Stablecoin Use
The U.S. is imposing tariffs on Brazil, targeting its Pix payment system, as dollar stablecoins dominate Brazil’s crypto transactions.