Tag: Stablecoin

GENIUS Act, a stablecoin invoice, advances within the US Senate after a gaggle of Democrats dropped their opposition, marking a significant win for the...

Steven T. Dennis / Bloomberg: GENIUS Act, a stablecoin invoice, advances within the US Senate after a gaggle of Democrats dropped their opposition, marking a significant win for the crypto business  —  Stablecoin...

Meta Mentioned to Think about Stablecoin Use for Worldwide Creator Payouts

Meta is exploring the usage of stablecoins to handle payouts for worldwide creators, in line with a report. Meta CEO Mark Zuckerberg's agency is claimed to be in discussions with crypto companies as...

Ripple’s $4B-$5B Bid for Stablecoin Issuer Circle Rejected amid IPO Plans: Report

Ripple proposed a takeover of rival stablecoin supplier Circle Web Group Inc. for $4 billion to $5 billion, a bid that was rejected as too low, in accordance with sources cited by Bloomberg.Whereas Ripple reportedly...

PayPal to supply 3.7% yield on stablecoin balances: Report

Funds behemoth PayPal plans to supply a 3.7% yield on balances held in its PayPal USD stablecoin.In accordance with an April 23 Bloomberg report, a PayPal consultant mentioned that the measure goals to...

Fed Chair Backs Stablecoin Oversight, Warns on Tariff-Pushed Inflation

Because the cryptocurrency world steps nearer to the monetary mainstream, U.S. Federal Reserve Chair Jerome Powell reignited calls for a authorized framework round stablecoins, digital tokens usually pegged to the greenback which might be more and...

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