Proponents of a bill to regulate stablecoins in the US Congress will likely take up another vote on the legislation in a matter of days without responding to concerns about…
It was supposed to be a slam dunk.The American crypto industry, flush with more political capital than it has ever had (and perhaps will ever have), was to get its…
Key Takeaways:Declining Bitcoin dominance and rising strength in altcoins and memecoins could be a sign that it’s altseason.USDT dominance could drop to 2022 lows, indicating an accelerating capital rotation into…
Key Points:Sky Protocol’s $5 million loss stems from increased interest payments and new USDS strategy.Significant change from previous $31 million profit last quarter.USDS supply increase contrasts with decreased DAI supply.
Sky…
The Wyoming Stable Token Commission has partnered with analytics provider Inca Digital to help the Commission monitor and mitigate fraud risks and keep the Wyoming Stable Token (WYST) secure as…
Crypto bank Anchorage Digital has expanded its stablecoin offerings with the acquisition of Mountain Protocol, a stablecoin issuer that says it will begin winding down its main stablecoin, Mountain USD…
The South Korean central bank has entered the political furore surrounding stablecoins, insisting it should have the final say over the issuance of a KRW-pegged coin.Stablecoins have become a “political…
Anchorage Digital, a federally chartered crypto bank and custodian, said on Monday it has signed a definitive agreement to acquire stablecoin issuer Mountain Protocol as part of its strategy to…
Tether’s USDt (USDT) surpassed a $150 billion market capitalization for the first time on May 12, marking a new milestone amid growing stablecoin adoption.USDt’s circulating supply has expanded by over…
Tinian, a small island in the US territory of the Northern Mariana Islands, could get a second chance at launching a stablecoin after the territory’s Senate voted to override the…