Sen. Elizabeth Warren (MA-D) recently sounded the alarm over new proposals on stablecoin legislation, claiming they’d give Elon Musk a “clear runway” to control U.S. money and payments.
Senate Banking Committee Chair Tim Scott, R-S.C., and committee ranking member Elizabeth Warren, D-Mass. The committee will mark up a stablecoin bill Thursday morning that has drawn growing concern ...
A stablecoin is a crypto asset whose issuer represents that the stablecoin will maintain parity with a designated fiat currency or another referenced asset or group of assets. Most global stablecoins ...
Stablecoin design takes many different forms, each with its own tradeoffs: - Reserve-backed stablecoins: Cryptocurrencies pegged to the value of a fiat currency held in reserve by a company or ...
Bank of America CEO Brian Moynihan says the bank is ready to launch its own stablecoin once regulations allow it. Bank of America is preparing to launch its own stablecoin once regulations allow ...
The acquired USDe will support stablecoin-related initiatives, including a campaign featuring a $1,000,000 reward pool. Stablecoins are a cornerstone of the crypto market, providing liquidity and ...
Crypto payments firm Mesh announced on Tuesday it has raised $82 million to expand its stablecoin-based payments settlement network globally. The series B round was led by Paradigm, with ConsenSys ...
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