Stablecoin Launch Tether Plans Amid Restrictions
@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 stablecoin if US restricts foreign issuers, following its EU strategy via Quantoz Payments; CEO Ardoino focuses on emerging markets. #Update #Crypto $USDT (+3) ↗
@Circle President Heath Tarbert asserts global anticipation for US crypto regulation, emphasizing straightforward stablecoin policies. #Update #Legal (+2) →
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) →
@Nonco has launched its FX Onchain initiative on Avalanche, automating conversions between local currencies and USD-backed stablecoins like $USDC and $USDT. #Update #Crypto $AVAX (+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) ↗
@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) ↗
@Circle files an S-1 for IPO, highlighting key opportunities and challenges in digital finance as it aims to go public. #Update #Crypto $USDC (+3) ↗
Bitcoin hits $83,397 as Ethereum’s Pectra fork launches; USDC reaches record capitalization amid Ukraine’s new crypto regulations. #Update #Crypto $BTC (+6) ↗
@SECGov Acting Chair Uyeda advocates for rulemaking over enforcement; first U.S. bank-issued stablecoin launches on Ethereum, $BTC price remains steady #Update #Crypto $BTC (→ 0)
@Fidelity is reportedly launching its own stablecoin, marking its entry into tokenized U.S. Treasuries and expanding its $5 trillion asset management portfolio. #Update #Crypto (+6) ↗
@CustodiaBank and Vantage Bank complete the first U.S. bank-issued stablecoin transaction on Ethereum, marking a regulatory milestone for $ETH. #Breaking #Crypto $ETH (+8) ↗
@WorldLibertyFinancial, backed by President Trump, launches USD1 stablecoin on Ethereum and Binance Smart Chain, targeting institutional investors with $550M in token sales. #Update #Crypto $USD1 (+6) ↗
@WorldLibertyFinancial plans to launch a USD stablecoin, “USD1,” amid Congressional discussions on stablecoin legislation. #Update #Crypto $USD1 (+3) →
@WorldLibertyFin launched stablecoin $USD1 on BNB Chain; trading unavailable, watch for scams. Wintermute tests transfers; Changpeng Zhao warns of fakes. #Update #Crypto $USD1 (+3) ↗