French Hill, chair of the U.S. House Financial Services Committee, said the CLARITY Act could help address unresolved issues in the GENIUS Act. French Hill remarks on CLARITY and GENIUS Acts Hill discussed concerns raised by banks about how crypto…
The crypto market has yet to react even as stablecoin supply reaches a new milestone. Data from DeFiLlama shows the total market capitalization of stablecoins has surpassed $315 billion, setting a new all-time high. The figure increased by about $2.48…
Banking giants HSBC and Standard Chartered are expected to be among the first institutions to receive stablecoin issuer licenses in Hong Kong, marking a major step in the city’s effort to build a regulated digital-asset ecosystem. Hong Kong poised to…
Wells Fargo has filed a trademark application for “WFUSD,” sparking speculation that the U.S. banking giant may be exploring a blockchain-based payment token or stablecoin. According to the filing, the mark covers financial services tied to digital assets, including cryptocurrency-related…
Despite the ongoing bearish condition of the broader cryptocurrency market, Solana is demonstrating underlying strength, but not in price action. A few months after their historic debut, the Solana Spot Exchange-Traded Funds (ETFs) have reached a notable milestone, reflecting robust institutional and retail demand for the products.
Sonic unveils USSD, a native USD stablecoin built on Frax infrastructure with cross-chain minting and institutional backing from tokenized Treasury products.