With the CLARITY Act scheduled for a markup on Thursday, some lawmakers could still be at odds over decentralized finance, stablecoins and ethical concerns....
A revised Senate CLARITY Act draft would allow activity-based stablecoin rewards tied to payments, wallets and staking, while barring interest paid solely for holding tokens....
Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards....
Banks argue that stablecoin rewards offered through exchanges exploit a GENIUS Act loophole, blurring the line between payment tokens and savings accounts....
The most common stablecoin transfer amounts are in the $100 to $500 range, showing Revolut customers actively use stablecoins for everyday medium-sized payments....
Megatel Homes says it's launching a program where renters could receive rewards for paying their rent using a crypto token....
The expanded prohibition on stablecoin yield in the CLARITY Act makes the US dollar less competitive than the Digital Yuan, Scaramucci said....
JPMorgan chief financial officer Jeremy Barnum told investors in an earnings call that stablecoin yields are a “dangerous and undesirable thing.”...
The groups urged Congress to extend crypto tax relief beyond stablecoins, warning the current approach would not simplify everyday payments....
By integrating WalletConnect Pay, Ingenico is testing whether stablecoins can function as a practical alternative to card networks in everyday commerce....
Myriad predictors can use the Trump-backed DeFi project’s stablecoin USD1 through its BNB Chain integration....
Saga’s US dollar-pegged stablecoin has dropped to $0.75, while the protocol's total value locked has fallen by around 55% over the past 24 hours....
The Central Bank of Iran no longer holds any of the flagged USDT, after using it to support the rial and settle international transactions....
Crossmint has secured MiCA authorization from Spain’s CNMV to operate as a crypto asset service provider, allowing it to passport stablecoin infrastructure services across the EU....
Visa has chosen BVNK to power Visa Direct pilots using stablecoins, enabling pre-funded cross-border payouts to wallets in select markets....
Polygon Labs signaled that it’s becoming a regulated payments company by acquiring Coinme and Sequence for a combined $250 million....
Franklin Templeton is amending institutional money market funds to support stablecoin reserves and onchain cash use without launching new crypto-native products....
Electronic brokerage giant Interactive Brokers says its clients can deposit USDC, which will automatically conver to US dollars to fund their accounts....
Societe Generale-Forge said its EUR CoinVertible stablecoin is the first MiCA-compliant digital asset that is “natively compatible” with SWIFT’s interoperability capabilities....
The city brought in the new licensing regime at the start of August last year, amid growing institutional interest in stablecoins....