2024-8-26 16:00 |
M^0 allows stablecoin issuers to incentivize distributors, liquidity providers and so on by programmatically sharing yield among an ecosystem of users. origin »
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The Senate Banking Committee passed the GENIUS Act with bipartisan support on an 18-6 vote, clearing the bill for the full Senate to consider. Senator Bill Hagerty authored the bill, which received the backing of all Republican members of the Committee and Democratic Senators Mark Warner, Andy Kim, Lisa Blunt Rochester, Ruben Gallego, and Angela […] The post Senate Banking Committee passes GENIUS Act with bipartisan support, advancing stablecoin regulation appeared first on CryptoSlate.
The following is an opinion piece by Tom Howard, Head of Financial Products and Regulatory Affairs at CoinList. Stablecoin Act drafts that would effectively ban Tether and other non-US stablecoin issuers from the US market due to offshore operations are circulating.
USDT on-chain activity is soaring – 143K wallets made transfers yesterday, the highest in six months. Amid the price drop, could this be a sign of trader accumulation? In September 2024, aThe post USDT flows hit 6-month high as Bitcoin drops - Time to buy the dip? appeared first on AMBCrypto.
Tether CEO Paolo Ardoino argued that Tether is the “most important ally for the US” in its goal of maintaining the dollar’s dominance in the global economy. He made the statement during a presentation at Cantor Fitzgerald’s Global Technology Conference on March 12, where he also noted that crypto companies want to copy Strategy or […] The post Tether CEO touts USDT as key US ally in maintaining the dollar’s dominance appeared first on CryptoSlate.
Stablecoin exchange reserves highlighted rising buying power in the market Bitcoin's dominance chart suggested the market could favor BTC in the coming weeks Tether [USDT] and USD Coin [USDCThe post Stablecoin dominance to fall once again? Impact on Bitcoin's market will be... appeared first on AMBCrypto.
Stablecoin inflows to exchanges have surged, but volatility threatens market stability Binance’s declining reserves hinted at reduced buying power and potential liquidity constraints The mThe post Stablecoin reserves drop on Binance - Is crypto’s buying power fading? appeared first on AMBCrypto.
Stablecoin liquidity has been declining to allude to BTC’s inability to sustain its upward momentum Stablecoin dominance supports have previously signaled Bitcoin’s price consolidation or cThe post Stablecoin dominance supports mark Bitcoin price tops - Impact on BTC? appeared first on AMBCrypto.