Circle’s USDC Stablecoin Sees Market Cap Swell to Record $56 Billion
Circle’s USDC (USDC), the second-largest stablecoin, has reached a record market capitalization over $56 billion as demand ...
CoinDesk13h
Peter Thiel-Backed Plasma Raises $20M to Develop Bitcoin-Based Network for Stablecoins
The project aims to enhance stablecoin adoption through a Bitcoin sidechain that allows zero-fee USDT transactions.
Stablecoin Revolution: Challenging Risk-Free Rates With On-Chain Money Markets
In traditional finance, the 'risk-free rate,” the interest rate an investor can expect to earn on an investment that carries ...
CoinDesk13h
Tether May Have to Sell Some Bitcoin to Comply With U.S. Stablecoin Rules: JPMorgan
Company data suggests that Tether's reserves are 66% compliant under the STABLE Act and 83% under the GENIUS Act, the report ...
Why the Trump administration is taking aim at stablecoins to jumpstart its pro-crypto push
"If the administration follows through, this could cement the U.S. dollar's supremacy in a digital age," a crypto researcher ...
American Banker3d
Four things banks should watch for with new stablecoin bills
Senate Banking Committee Chair Tim Scott, R-S.C., said last week that he is working to get a stablecoin bill establishing a regulatory framework for digital assets to President Donald Trump's desk ...