Browsing: stablecoin

The STABLE Act, a stablecoin bill, has moved forward in the House Financial Services Committee, sparking debate about the potential for Big Tech companies to create their own forms of currency.

Coinbase and PayPal partner to increase PYUSD stablecoin adoption by waiving transaction fees and enabling direct redemption to USD

Wyoming is preparing to launch the Wyoming Stable Token (WYST), a state-issued stablecoin designed to foster innovation and provide public benefits through blockchain technology.

World Liberty Financial, a crypto company founded by Donald J. Trump and his sons, has announced the launch of a new stablecoin, deepening the former president’s ties to the cryptocurrency industry.

World Liberty Financial, a crypto project associated with former US President Donald Trump, plans to launch a stablecoin, USD1, backed by short-term Treasuries and dollar deposits.

World Liberty Financial, a crypto venture associated with Donald Trump, is launching a stablecoin called USD1, backed by U.S. Treasuries and dollars, after raising $550 million through token sales.

The Stablecoin Act currently under consideration in the Senate Banking Committee is raising significant questions regarding the future of financial institutions and the role of digital assets.

Democrats are expressing concerns that a stablecoin bill could pave the way for a ‘privatization of the dollar’. Crypto skeptic Senator Elizabeth Warren has expressed concerns about this.

Democrats voice reservations about a Republican-led stablecoin bill, citing concerns about limited federal oversight and potential risks to consumers and national security.

Tether, the company behind the stablecoin technology, announced Simon McWilliams as its new chief financial officer, signaling a move toward a full financial audit and a continued commitment to transparency.