Circle Joins Binance-Led GTR Network to Expand Crypto Compliance Worldwide
TLDR: Circle joins the GTR network, providing broader coverage for FATF-aligned digital asset transfers. Membership strengthens Ci...
Goldman Sachs Predicts Trillion-Dollar Stablecoin Boom In Crypto Market
As traditional financial firms increasingly explore the integration of stablecoins into their operations, Goldman Sachs has made a...
Reuters: China May Approve Yuan-Backed Stablecoins to Boost Global Use
TLDR China is considering approving yuan-backed stablecoins for the first time. The State Council will review a roadmap later in A...
Plasma's $250M USDT Yield Program on Binance Filled in Less Than an Hour
The on-chain yield program quickly attracted investors with offering Plasma's XPL native token rewards.
China Reviews Stablecoin Plan That Could Put Yuan on Global Crypto Stage
TLDR: China may allow stablecoins backed by the yuan for the first time, with Hong Kong and Shanghai preparing pilot rollouts. The...
Fed Official Pushes Staff Crypto Ownership to Improve Oversight
TLDR: Fed Vice Chair Bowman urged letting staff own limited crypto to better grasp blockchain and digital assets. She compared cry...
Expert Warns U.S. Treasury Secretary Bessent May ‘Destroy’ Stablecoins, Here’s W...
TLDR: Scott Bessent’s stablecoins comments point toward CBDCs designed to tie crypto liquidity directly to U.S. Treasuries. Ripple...
Crypto Lobby Pushes Back Against Bank Effort to Rewrite U.S. Stablecoin Law
Industry groups said repealing key provisions of the GENIUS Act would stifle competition and deny consumers meaningful choice.
Treasury to Drain $500B From Markets With TGA Refill, Crypto Faces Tight Liquidi...
TLDR: Treasury will pull $500-600B from markets in its TGA refill, directly tightening crypto market liquidity. In 2023, $550B was...
Bullish Pulls Off $1.15B IPO, Every Dollar Settled in Stablecoins
TLDR: Bullish raised $1.15B in its IPO, settling proceeds fully in stablecoins across multiple issuers and blockchains. Most stabl...