Stablecoin Surge: Argentine Market Skyrockets
Stablecoin trading volumes in Argentina surged 100% after currency controls ended, with buyers driving exchange rates higher by Saturday. #Update #Crypto (+4) ↗
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
Stablecoin trading volumes in Argentina surged 100% after currency controls ended, with buyers driving exchange rates higher by Saturday. #Update #Crypto (+4) ↗
The U.S. Securities and Exchange Commission’s clarification on stablecoins as non-securities allows businesses to operate without stringent securities regulations. #Update #Legal $USDC (+3) ↗
The Bank of England’s Financial Policy Committee warns of stablecoin risks to UK financial markets, emphasizing potential vulnerabilities from foreign currency-backed assets. #Update #Crypto (+3) ↘
USDT has overtaken Bitcoin as the preferred cryptocurrency among Ukrainian officials, with Vitaliy Brovko declaring over $847,000 in USDT holdings. #Update #Crypto $USDT (+4) ↗
Hong Kong Finance Minister Paul Chan announces stablecoin legislation and ETF staking guidelines at the Web3 Festival 2025, signaling regulatory advancements in crypto. #Update #Legal #Crypto (+6) ↗
@itau is considering launching a stablecoin while Brazil bans retirement funds from crypto investments, advocating local currency payments as a BRICS member. #Update #Crypto (+3) ↗
@Tether_to plans a new stablecoin if US restricts foreign issuers, following its EU strategy via Quantoz Payments; CEO Ardoino focuses on emerging markets. #Update #Crypto $USDT (+3) ↗
@Tether_to plans a new U.S.-compliant stablecoin amid potential USDT ban under pending legislation, focusing on emerging markets instead. #Update #Legal $USDT (-3) ↘
The “Stablecoin Transparency and Accountability for a Better Ledger Economy” (STABLE) Act passed the U.S. Financial Services Committee 32-17, facing opposition from Democrats like Maxine Waters. #Update #Legal (+3) →
The House Financial Services Committee approved the Stablecoin Transparency and Accountability for a Better Ledger Economy Act with 32-17 vote, advancing stablecoin regulation. #Update #Legal (+4) ↗
@SMBC’s parent company partners with @AvaLabs, Fireblocks, and TIS to launch a stablecoin framework for real-world asset transactions by 2026. #Update #Crypto (+3) ↗
Coinbase CEO Brian Armstrong advocates for stablecoin legislation enabling on-chain interest, suggesting it could boost the US economy by increasing user spending power. #Update #Legal (+3) ↗
Democrats criticize President Trump’s involvement in stablecoin sector during House Financial Services Committee markup, raising concerns over conflicts of interest with World Liberty Financial USD1 token. #Update #Crypto (-4) ↘
@Ripple has integrated its USD-backed stablecoin, $RLUSD, into Ripple Payments for enterprise cross-border transactions, nearing a $250M market cap since December 2024. #Update #Crypto $RLUSD (+6) ↗