Browsing: stablecoin

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.

A consortium of fintech and crypto companies introduces a U.S. dollar-pegged stablecoin to accelerate global adoption.

Cryptocurrency firm Tether is relocating its headquarters to El Salvador, aiming to capitalize on the country’s efforts to become a crypto trading hub.

A consortium of fintech and cryptocurrency companies, including Robinhood, has launched a joint stablecoin pegged to the U.S. dollar to accelerate stablecoin usage worldwide.