Rep. Waters proposes stablecoin rules, federal oversight
Both House Republicans and Democrats have introduced proposals to regulate U.S. stablecoins, signaling that the sector is a legislative priority under President Donald Trump. Maxine Waters, the ranking Democrat on the House Financial Services Committee, published a proposal for stablecoin oversight through federal watchdogs such as the Office of the Comptroller of the Currency, the […]
Stablecoin issuer Tether to expand dealmaking beyond crypto: report
With billions in excess reserves, Tether now wants to accelerate its expansion into sectors beyond crypto, a report reveals. Tether (USDT), the $140 billion stablecoin issuer, is gearing up to expand its investments beyond the crypto space as the firm’s reserves grow, Bloomberg has learned, citing sources close to the firm. The firm’s financial muscle […]
Crypto.com’s Cronos ETF and stablecoin launch on the horizon
Crypto.com, a Singapore-based crypto exchange operating globally, has unveiled plans to file for Cronos ETF and launch a proprietary stablecoin. As part of its roadmap for 2025, Crypto.com is planning to file for the launch of an ETF centered around its native token Cronos (CRO). The company plans to file for the ETF in the […]
Stablecoin transactions in 2024 surpass Visa and Mastercard
Stablecoin transaction value in 2024 reached $15.6 trillion, overtaking traditional payment firms Mastercard and Visa by more than 100%. According to the ARK Invest Big Ideas 2025 Report published on Feb. 4, stablecoin adoption continues to grow rapidly, especially in 2024. The annual transaction value of stablecoins reached a five-year record high, hitting $15.6 trillion. […]
BTC volatility hits record low, stablecoin transaction value tops Visa — ARK
Bitcoin’s price rallied by 122% in 2024, yet its annualized volatility reached the lowest level on record. Source link
U.S. Senator Bill Hagerty to introduce stablecoin bill
Senator Bill Hagerty is set to introduce a new stablecoin bill as the largely crypto-friendly Republican Party seeks further regulatory clarity for the industry. The bill dubbed “Guiding and Establishing National Innovation for US Stablecoins” or GENIUS Act, outlines a regulatory environment for the quickly expanding stablecoin market in the United States. Tether’s (USDT) and Circle’s […]
Stablecoin market cap surpasses $200B as USDC dominance rises
The stablecoin market cap reached a new record high above $200 billion. Is it a sign that Bitcoin and altcoins will rise higher? Source link
Stablecoin market cap jumps $37b, hits record high since Trump’s victory
The market capitalization of stablecoins has jumped by $37.6 billion since U.S. president Donald Trump’s electoral victory in November. A new report from on-chain analytics provider CryptoQuant has revealed that the total value of USD-denominated stablecoins in circulation has jumped to a new record high since the announcement on Nov. 6. The report, which tracks […]
Bots accounted for 70% of stablecoin transaction volume in 2024, survey reveals
Automated trading fueled 70% of stablecoin transaction volume last year, with Base surpassing Ethereum due to bot-driven activity, a survey reveals. A new survey by crypto exchange CEX.IO, which cited Allium’s data, reveals that automated trading bots handled 70% of stablecoin transaction volume in 2024, based on an analysis of blockchain activity across Ethereum, Base, […]
Tether’s stablecoin to be integrated on Bitcoin Lightning
Lightning Labs, the company behind Bitcoin layer 2 Lightning Network, is using the Taproot Assets protocol to integrate Tether’s USDT stablecoin. Source link
