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Nalezeno "stablecoin": 3920

Coinbase Introduces 4% USDC Rewards Amidst SEC Dispute


On June 15, the San Francisco-based cryptocurrency exchange Coinbase announced that customers can now earn 4% rewards on the stablecoin USDC. The news follows Coinbase’s current dispute with the U.S. Securities and Exchange Commission (SEC) over the firm’s staking-as-a-service product....

Circle CEO Allaire Puts Pressure on House Lawmakers To Pass a Stablecoin Bill


The CEO of stablecoin issuer Circle put the pressure on lawmakers to pass a stablecoin bill and get it signed by President Joe Biden as other countries forge ahead. Delivering a stablecoin bill to “President Biden’s desk should be a national priority,” said CEO Jeremy Allaire in his prepared...

Jeremy Allaire pushes for stablecoin legislation


Jeremy Allaire, who is the Co-Founder of stablecoin supplier Circle, will be earnestly pitching for the legislation of the stablecoin at a U.S House Financial Services Committee Hearing.  Simultaneously, he is concerned about the actual positioning of the U.S Dollar and its competitiveness...

TrueUSD Loses Dollar Peg Following Minting Suspension with Prime Trust


TrueUSD, a major fiat-collateralized stablecoin, has lost its peg following the announcement that it has suspended minting activities through its technology partner Prime Trust.  In early Saturday hours, TUSD started distancing away from its intended $1 peg, dropping to as low as $0.993090 before...

US Senator Bill Hagerty Warns SEC Actions ‘Pave the Way’ for a CBDC


Tennesse U.S. senator Bill Hagerty has warned about the consequences of the recent actions of the Securities and Exchange Commission (SEC) against cryptocurrency platforms in the country and the objectives that might be behind these. Hagerty stated that the true motivation behind the lawsuits...

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