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Bitcoin Magazine Stablecoins, Not Bitcoin, In Focus At First U.S. Digital Assets Subcommittee Hearing Today, the Senate Banking Subcommittee on Digital Assets hosted its first hearing, entitled “Exploring Bipartisan Legislative…
Follow Guillaume on X. Earlier today at the Plan B Conference in El Salvador, Tether made an announcement that has been years in the making. USDT is back on Bitcoin…
Follow Frank on X. Two days ago, the atebites X account pointed out that THORChain’s lending service currently has nowhere near enough bitcoin to repay its creditors. As of the…
The Central Bank of Brazil has opened a public consultation on a regulatory draft that correlates the treatment of dollar-pegged stablecoins with foreign currency. The proposed rules, which will now…
The stablecoin economy has grown substantially, surpassing its previous peak recorded just before Terra’s stablecoin collapsed in May 2022. Stablecoin Market Sees Triple-Digit Growth as Tether’s Market Cap Hits $132B…
Stablecoins are often pitched as a stopgap method, or a friendly tool for people in the developing world who cannot handle the volatility of Bitcoin. They are framed as something…
The stablecoin boom in Brazil has caught the attention of the central bank, which is currently exploring several ways to tax stablecoin remittances, including issuing a special license for crypto…
Jeremy Allaire, CEO of Circle, has predicted that stablecoins will grow to capture up to 10% of the money supply in the next 10 years. Allaire highlighted that even with…
The latest data highlights that the stablecoin market currently sits at $173 billion, with two recently introduced U.S. dollar-backed stablecoins showing significant growth. The decentralized finance (defi) project Sky, previously…
In the midst of a more optimistic crypto market, both bitcoin and ethereum have enjoyed steady growth, climbing by 3.13% and 3.61%, respectively, over the past week. Additionally, several other…