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Nalezeno "uk stablecoin": 3979

Stablecoin Bill's Failure Reflects Deepening Political Divide in Crypto

3.8.2023
The passing of a much-discussed stablecoin bill last week in the House Financial Services Committee revealed just how deep the political divide in Washington has become, a recent Fortune Crypto newsletter said. The bill, which was close to getting bipartisan support after negotiations between...

GHO and FDUSD Stablecoins See Massive Supply Growth in Recent Debut

3.8.2023
In a recent turn of events, the cryptocurrency world has been introduced to two stablecoins anchored to the U.S. dollar — Aave’s gho (GHO) and First Digital’s stablecoin FDUSD. These dollar-tied tokens have rapidly gained momentum, witnessing substantial growth in market...

Binance starts BTC/FDUSD and ETH/FDUSD trading pairs with zero-fees

3.8.2023
Users can trade ETH/FDUSD with zero maker fee, while the standard taker fee will apply based on the user's VIP level

Binance CEO CZ Explores Diversifying Stablecoin Strategy, Eyes Smaller Algorithmic Tokens

2.8.2023
During a Twitter "Ask Me Anything" (AMA) session on July 31, Binance CEO Changpeng "CZ" Zhao expressed his intention to introduce smaller algorithmic Stablecoins to the market for investors to have alternatives to the existing global Stablecoin giants. In the session, CZ highlighted concerns...

Tether Attestation Reveals Reserve Increase of $850 Million in Q2, Excess Reserves Reach $3.3 Billion

1.8.2023
Tether, the company behind the USDT stablecoin, has published an attestation revealing the company’s financials during Q2 2023. The document, prepared by BDO, a network of accounting and consulting services, found Tether has increased its reserves by $850 million during this period, with...

Don’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been Costly

1.8.2023
The crypto industry has never made it this far in its quest for a new system of U.S. oversight for digital assets, but the recent flurry of legislative progress may still be too contentious for it to become law

US defense bill may be ‘problematic’ for USDC and stablecoins: Analysts

1.8.2023
A proposed U.S. national defense bill could subject stablecoins issuers to KYC and AML requirements they would be unable to comply with, said Berenberg analyst Mark Palmer

‘Let's just diversify and see' — Binance CEO on its stablecoin strategy

1.8.2023
Due to regulatory and transparency risks, CZ says that spreading risk across different stablecoins is the key to longevity

Pass the Stablecoin Bill Now

31.7.2023
The choice isn’t stablecoins vs no stablecoins. It’s between regulated products with low fees that protect consumers, and offshore assets with low transparency and no oversight, says Austin Campbell

Tether Reports $3.3B in Excess Reserves in Q2, Up $850M for the Quarter

31.7.2023
The company said its operational profits exceeded $1 billion in Q2 this year

US House Financial Services Committee Passes Stablecoin Legislation ‘After a Few Fireworks’

28.7.2023
The U.S. House Financial Services Committee has passed Chairman Patrick McHenry’s Clarity for Payment Stablecoins Act with bipartisan support. McHenry said committee members, unlike the White House, understood the urgency and importance of providing clarity for payment stablecoins. Sheila...

Ripple and Palau Announce CBDC Stablecoin Pilot Program

28.7.2023
Palau, an insular nation in the Philippines Sea, has partnered with Ripple, announcing a limited pilot for its own U.S. dollar-pegged stablecoin issued using XRP technology. According to Jay Hunter Anson, a member of the board of directors of Palau’s Ministry of Finance, the test started...

'Historic week' as stablecoin, self-custody bills advance to House floor

28.7.2023
The bills aim to create a regulatory framework for payment stablecoins and enshrine rights for crypto users to self-custody digital assets

U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House

28.7.2023
House lawmakers cleared stablecoins legislation for the next step in its route through Congress on Thursday, though the House Financial Services Committee moved the bill toward a potential floor vote without bipartisan support as Chair Patrick McHenry (R-N.C.) blamed White House objections for...

MakerDAO increases DAI yield in a bid to boost demand

27.7.2023
The Enhanced Dai Savings Rate is based on DSR utilization and could boost the stablecoin yield by as much as 8%

Executive Director of Wyoming's Stablecoin Project to Earn More Than Governor Mark Gordon

27.7.2023
The US state of Wyoming is seeking to hire an executive director for its new stablecoin project, and the position will pay an annual salary of $150,000, which is $10,000 more than the state’s governor. According to the job post for the position, the executive director will be in charge of carrying...