Waller’s “skinny” master account proposal could let compliant crypto firms access Fed rails directly, eliminating bank-partner friction while raising concerns about commercial-bank d...
Get caught up. Binance co-founder Changpeng Zhao assisted Donald Trump’s family with the launch of its stablecoin, one that could yield tens of millions of dollars annually. On Thursday, Zhao received...
The European Union’s 19th sanctions package against Russia includes crypto platforms and a Russian ruble-backed stablecoin in its measures. The European Union adopted its 19th sanctions package agains...
The Paxos CEO attempted to reframe the minting incident as validation of blockchain technology’s transparency benefits. In brief Paxos mistakenly minted 300 trillion PYUSD tokens last week befor...
Former RWA Company exec Max Glass alleges in a lawsuit that he was wrongfully excluded from a stablecoin venture that turned into M^0, the infra provider behind MetaMask’s mUSD. Max Glass, a for...
Tether’s USDT has now been used by 500 million users, a monumental milestone in crypto for providing financial accounts to those excluded by the traditional banking system. US dollar-pegged stablecoin...
Japan’s three largest banks, Mitsubishi UFJ Financial Group , Sumitomo Mitsui Financial Group and Mizuho Financial Group , will jointly issue “stablecoins”, digital currencies pegged...
Coinbase unveiled a business platform offering crypto payments, stablecoin yields, and accounting integrations for small and midsize firms. Coinbase has launched a business product billed as an “...
USDC balances held in Coinbase Business earn 4.1% APY, and can be cashed out on demand to a linked business bank account via Wire or ACH. U.S.-listed cryptocurrency exchange Coinbase (COIN) is introdu...
BlackRock has launched the Select Treasury Based Liquidity Fund (BSTBL) to manage reserves for stablecoin issuers under the new GENIUS Act, expanding its crypto footprint. BlackRock is expanding its p...
