Crypto Senators Compromise on Stablecoin Yield
Senators Angela Alsobrooks and Thom Tillis negotiate a compromise on the stalled Digital Asset Market Clarity Act, focusing on stablecoin rewards amid banking industry concerns. #Update #Crypto $USDC
Stablecoin regulation
Stablecoin Rule Launches Under FDIC GENIUS Act
The U.S. Federal Deposit Insurance Corp. proposed its first stablecoin rule under the GENIUS Act, initiating a 60-day public comment period on application procedures for banks to issue stablecoins. #Update #Crypto $USDC