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…
South Korean presidential candidates and their supporters have clashed on the topic of stablecoins as crypto-related policies continue to dominate the political agenda. On May 8, frontrunner Lee Jae-myung, of…
This is a segment from the Empire newsletter. To read full editions, subscribe.If spending $1.1 billion wasn’t enough of a sign that Stripe is serious about stablecoins and gaining market…
The Guiding and Establishing National Innovation for US Stablecoins of 2025 Act, known as the GENIUS Act, failed to pass cloture in the United States Senate on May 8, dealing…
House Republicans unveiled a discussion draft of a market structure bill but all eyes this week were on the Senate, where a largely bipartisan effort to advance stablecoin legislation ran…
The Senate’s GENIUS Act failed to pass a key procedural vote on Thursday, a stunning blow to the stablecoin bill’s chance of passage that may have further negative consequences for…