Stablecoin – Page 3

Tether Ranks Among Top Buyers of U.S. Treasuries in 2024, Firm Says

Tether, the crypto company behind the largest stablecoin USDT, said it would rank as the seventh largest net buyer of U.S. Treasury securities in 2024 among countries.The firm purchased...

Digital Euro Needed to Counter Stablecoins, Non-European Big Tech, ECB Chief Economist Says

The chief economist at the European Central Bank (ECB), Philip Lane, said Europe needs a digital euro to counter the foothold that dollar-linked stablecoins and U.S. electronic payments systems...

Stablecoin Protocol Level Aims to Expand M DeFi Yield Token With Fresh Capital Raise

Stablecoin Protocol Level Aims to Expand $80M DeFi Yield Token With Fresh Capital Raise

Stablecoin protocol Level raised a fresh round of venture capital to expand its $80 million yield-paying stablecoin as yield-generating digital asset offerings are increasingly in demand with a cooldown...

Tokenized Treasuries Hit Record .2B Market Cap as Crypto Correction Fuels Growth

Tokenized Treasuries Hit Record $4.2B Market Cap as Crypto Correction Fuels Growth

As cryptocurrencies have been battered in a broad-market correction over the past weeks, digital asset investors sought refuge in tokenized U.S. Treasury products. Since late January, the combined market...

U.S. Senate Takes First Big Step to Advance Stablecoin Bill

The U.S. Senate Banking Committee has advanced the crypto industry's stablecoin regulation bill, a first major step toward getting the effort to President Donald Trump's desk to be signed...

Tether’s Paolo Ardoino Says Stablecoin Issuer ‘Has Been Through Hell’, Is Cheered On at Cantor Conference

Attendees clapped and cheered when Paolo Ardoino, the public face of perhaps most influential company in crypto, entered the stage at the Cantor Fitzgerald Küresel Technology Conference in New...

MEXC Ventures Invests M in Ethena and USDe as Stablecoin Demand Continues to Surge

MEXC Ventures Invests $36M in Ethena and USDe as Stablecoin Demand Continues to Surge

MEXC Ventures, the investment arm of crypto exchange MEXC, is investing a total of $36 million into Ethena and its USDe stablecoin, according to a press release. The firm...

As House Panel Kicks Tires on Stablecoin Bill, Old-School Finance Giants Reveal Shift

After years in which crypto insiders desperately sought to get the attention of the U.S. Congress, the pro-digital-assets witnesses at the latest congressional hearing on stablecoins include a senior...

Latest Draft of U.S. Stablecoin Bill Aims to Split Power Between State and Federal Authorities

The latest draft of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, introduced before a hearing Tuesday, proposes a significant shift in the approach to stablecoin...

Stablecoins Take Center Stage at Senate’s First Digital Assets Subcommittee Hearing

Legislators convened a panel to discuss what stablecoin and market structure bills need to address.