USDC: Turbulent journey of the stablecoin continues with recovery at bay
The continuing negativity coupled with growing competition could make it just a bit difficult for USDC to turn things around.
Tether’s USDT Nears $84 Billion Milestone as Circle’s USDC Volume Drops to 2-Year Low
Since the year’s outset, the stablecoin sector has significantly transformed. The two leading stablecoins, Tether’s USDT and Circle’s USDC, have experienced diverging trajectories in a market still reeling from the…
Long-Awaited U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House
House lawmakers cleared a long-awaited stablecoin legislation for the next step in its route through Congress late Thursday night. This comes as three other key bills were advanced.
White House’s ‘Unwillingness to Compromise’ Stalled Stablecoin Bill: Rep. McHenry
House lawmakers have failed to reach a bipartisan deal on stablecoins legislation, with Financial Services Committee Chair Patrick McHenry (R-N.C.) blaming White House intransigence for the stalemate while the panel’s…
Ripple Exec on Palau Stablecoin Trial on XRP Ledger, SEC Case Ruling
Ripple vice president of central bank engagements and CBDCs James Wallis joins “First Mover” to discuss his insights into the country of Palau leveraging Ripple’s CBDC platform and starting a…
How To Get Rich In Crypto: Four Tether Executives Are Now Billionaires
Members of the secretive management team behind $83 billion worth of Tether stablecoin have literally minted their own fortunes.
Tether (USDT) Market Cap Reaches New Peak, Edges Toward $84 Billion Mark
Tether USDT has seen its market cap value reach new highs in the month of July. According to a report by on-chain analytics company Into The Block, the world’s largest…
Lawmakers Spar over Stablecoin Bill; Amazon Dives Deeper into Web 3
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Financial Services Committee Chair Patrick McHenry (R-NC) points to the White House for derailing progress on stablecoin…
Heated 7-hour markup ends in bipartisan support for stablecoin bill
After seven hours of heated debate Thursday, the House Financial Services Committee was able to pass its stablecoin regulatory framework bill with bipartisan support.
US Democrats Holding Back Stablecoin Bill While Fears Over Big Tech Issuance Mount
US lawmakers advocating for stablecoin regulations have accused the Democrats of obstructing the process. Moreover, concern is growing that stablecoin legislation could open the door for tech giants to issue…
