The Trump administration is preparing a data-driven defense against the claim that stablecoins will reduce bank deposits ahead of the CLARITY Act vote.
The Trump administration is making its final move…
Eight banking groups in the US have called on the Senate to impose stricter limits on stablecoin rewards.
Groups including the American Bankers Association, the Bank Policy Institute, and the Independent…
US Senate Republicans have released the final draft of the Clarity Act, featuring 126 amendments, ahead of the critical vote on September 15.
According to an announcement from Republican senators including…
As Nu launches operations in the U.S., it has also introduced the Nu Global account, which converts deposits into USDC or EURC.
Nu, Latin America’s largest digital bank, is offering its…
The Thai SEC has proposed customer wallet verification for stablecoin transfers and a daily limit of approximately $151,000 for each direction.
The Securities and Exchange Commission (SEC) of Thailand has prepared…
Coinbase and Moov have partnered to bring stablecoin payments to the existing systems of over 1,000 community banks and credit unions.
The collaboration between Coinbase and payment infrastructure provider Moov aims…
MoneyGram has launched its first Visa card powered by stablecoin balances in Colombia.
According to a company spokesperson speaking to The Block, the MoneyGram Card supports USDC balances at the launch…
Following its latest reviews, Binance has decided to terminate trading for all spot trading pairs of Pax Dollar (USDP). Spot trading for this altcoin will be halted on September 24,…
A Bank of Korea study has revealed that direct stablecoin pairs can be associated with depreciation pressure on local currencies in some countries.
When trading pairs for direct buying and selling…
The agreement between SoFi and Kraken will provide Kraken’s institutional clients with 24/7 dollar movement while offering additional liquidity for SoFi’s crypto transactions and access to SoFiUSD on Kraken.
Digital bank…
Despite more than $1 billion in stablecoin inflows to Binance in August, year-to-date outflows and the decline in exchange reserves continue.
The net stablecoin inflow seen on Binance in August signaled…
While Bitcoin is trading at approximately the $77,000 level, the 90-day indicator tracking stablecoin demand has started to cool after a peak of 3.74, bringing the liquidity confirmation regarding the…