Trump’s USD1 play is ‘dollar expansion,’ not love for blockchain, Ari10 CEO says

President Donald Trump’s support for stablecoins may be less about blockchain innovation and more about financial engineering, according to Mateusz Kara, CEO of European crypto payments giant Ari10. The launch of USD1, a new dollar-pegged stablecoin backed by U.S. President…

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Stablecoins are inevitable but can’t scale without a truly private digital dollar | Opinion

We don’t have to accept a world where using a digital currency means giving up on confidentiality, argues Georgi Koreli

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Tether Buys $33 Billion in US Treasury Bonds, Boosting Compliance Efforts

Tether’s massive US Treasury purchases could align with Trump’s vision for stablecoins in strengthening dollar dominance. However, regulatory scrutiny remains a key obstacle. The post Tether Buys $33 Billion in US Treasury Bonds, Boosting Compliance Efforts appeared first on BeInCrypto.

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Stablecoin Market Cap Tops $200B as U.S. Sees Industry Helping Maintain Dollar Dominance

Stablecoins have surged since the U.S. election amid economic shifts and U.S. Treasury strategy.

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Stablecoins now represent over 1% of US dollar money supply, data shows

The total stablecoin supply has surpassed $221 billion, making up more than 1% of the U.S. dollar M2 money supply. Stablecoins, once a niche sector, now account for over 1% of the U.S. dollar M2 — a broad measure of…

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Fed Governor: Banks and non-banks should be able to issue stablecoins

Fed Governor Christopher Waller believes there should be a framework that allows banks and non-banks to issue regulated stablecoins. According to a recent Bloomberg report, Waller stated that stablecoins have the potential to expand the reach of the U.S. dollar…

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Stablecoins, Bitcoin, and the future of crypto - All you need to know

Stablecoins are gaining traction, cementing the U.S. dollar's dominance in the digital age Could this be the next evolution of global financial power? Are stablecoins the key to maintaining The post Stablecoins, Bitcoin, and the future of crypto - All you need to know appeared first on AMBCrypto.

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Commerce Secretary Lutnick: US dollar stablecoins should be audited

Howard Lutnick, President Trump’s pick for U.S. Commerce Secretary, was grilled by lawmakers over his ties with Tether and alleged criminal use of its dollar stablecoin.

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Trump executive order raises EU concerns over USD stablecoin dominance

US dollar-pegged stablecoins account for 97% of the global stablecoin market, raising concerns in the EU about Trump’s plans to push dollar dominance through stablecoins.

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Here's how stablecoins can harness the U.S Dollar’s global power

Stablecoins can reinforce the U. S dollar’s dominance in global markets and trade USD-backed stablecoins could reshape global finance and accelerate dollarization in The post Here's how stablecoins can harness the U.

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Paxos acquires Membrane Finance for EU stablecoin expansion

Membrane Finance is the issuer of US dollar and euro stablecoins and has a passportable Finnish license.

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Paxos to expand Euro presence through acquisition of Membrane Finance

Paxos is looking to expand its presence in the European Union through a new deal for Finland-licensed e-money platform Membrane Finance. Paxos, which issues stablecoins such as Pax Dollar, PayPal USD (PYUSD), and Pax Gold (PAXG), disclosed the potential deal…

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Kraken-backed stablecoin issuer Quantoz to launch two MiCAR compliant tokens

Dutch fintech firm Quantoz to roll out MiCAR-compliant stablecoins pegged to the euro and U.S. dollar in a bid to facilitate payments and transfers across markets. Quantoz Payments, a Netherlands-headquartered payment tech firm, plans to debut two MiCAR-compliant stablecoins —…

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Ripple USD Gains Early Customer Commitments Ahead Of Launch

Ripple President Monica Long has revealed that the company’s upcoming US dollar stablecoin, Ripple USD (RLUSD), has already secured early customer commitments prior to its official launch. Speaking at the Singapore Fintech Festival, Long emphasized that stablecoins are set to become a “massive trend” in the payments industry.

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LATAM crypto update: Stablecoins lead in use cases; Argentina’s SatoshiTango launches dollar deposits

Latin America’s cryptocurrency landscape is undergoing significant changes, with stablecoins emerging as the dominant digital asset class in the region. According to a recent Chainalysis report, stablecoin usage is growing rapidly as Latin Americans seek financial stability amid economic challenges.

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Paxos Issues New Yield-Bearing Legally Compliant Stablecoin

Paxos issued a new stablecoin, the Global Dollar (USDG), which is legally compliant with Singapore’s monetary laws. Unlike other legally compliant stablecoins, USDG will distribute a large portion of the interest earned on reserves to market participants that help propagate the stablecoin network.

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Robinhood, Kraken, Paxos launch Global Dollar stablecoin network

Major firms from crypto and traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins. 

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Stablecoins and the dollar: Allies or adversaries in the new financial era?

As Americans gear up for the elections, the digital dollar comes back into focus. What roles will a CBDC and stablecoins play in shaping the future of the US economy?

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Stripe in talks to acquire stablecoin platform Bridge — report

Stablecoins pegged to the United States dollar have outpaced Bitcoin as a store of value in developing countries with runaway inflation.

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Brazil’s stablecoin surge in 2024: transaction volumes outpace Bitcoin

Brazil’s stablecoin market is experiencing explosive growth, significantly outpacing Bitcoin in transaction volume on local exchanges. This surge reflects an increasing preference for stablecoins in B2B cross-border payments, driven by the need for stable US dollar exposure amid local currency fluctuations.

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What is the U.S. dollar’s role in stablecoin ecosystems?

Stablecoins have seen explosive growth in the last four years, increasing from a $17. 6 billion market capitalization to $170. 6 billion. The number of holders has also skyrocketed from 3. 78 million to 119.

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Trump Family Crypto Project Seeks To Maintain US Dollar Dominance With Stablecoins

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SWIFT-like bridge for stablecoins UDPN adds support for Australian Digital Dollar

The Universal Digital Payments Network has announced the integration of the Australian Digital Dollar into its platform, expanding its support for regulated stablecoins. Launched in Davos as a bridge between centralized and decentralized digital currency systems, the Universal Digital Payments…

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Emerging markets embrace stablecoins despite significant premiums

Businesses and consumers in 17 emerging markets pay an average premium of 4. 7% over the standard dollar price to access stablecoins, with the figure rising to 30% in countries like Argentina. The data was gathered in a recent analysis conducted by the Centre for Economics and Business Research (CEBR) and BVNK.

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Ripple President Calls US Dollar Stablecoin as Ripple Readies to Test RLUSD

Ripple top executive has taken part in Ripple's 'Crypto In One Minute' video, talking about stablecoins

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Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench US Financial Hegemony

Trump’s recent speech on bitcoin and crypto embraced policies that will seek to mold bitcoin into an enabler of irresponsible fiscal policy and will employ programmable, surveillable stablecoins to expand and entrench dollar dominance.

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Crypto Biz: US dollar exposure via digital assets takes off

This week’s Crypto Biz explores Hashdex filing for a combined spot Bitcoin and Ether ETF, Coinbase’s pre-launch market, Ripple’s challenges with regulators in the U.S., and more stablecoins delisting in Europe.

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Uphold exchange to delist multiple stablecoins for European users: here’s why

A leading crypto exchange, Uphold, revealed that it will cease support for several stablecoins for its European customers from 1 July. The assets in question are Tether (USDT), TrueUSD (TUSD), Pax Dollar (USDP), Gemini Dollar (DUSD), Frax Protocol, and Dai (DAI).

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Ethena’s USDe Hits $3 Billion Supply in Four Months, Surpasses FDUSD

Ethenas' synthetic dollar, USDE, quickly reached a $3 billion supply in just four months, showing strong demand for stablecoins in DeFi. With a market valuation of $3. 02 billion as of June 2, USDE is now the fourth-largest stablecoin.

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BRICS considering a stablecoin launch for international trade settlement

BRICS member nations plan to launch a stablecoin as an alternative to the US dollar for settling cross-border transactions. BRICS pushes de-dollarization with stablecoins The bloc, which includes Brazil, Russia, China, India, South Africa, UAE, Iran, Ethiopia, and Egypt, has debated using virtual assets for global settlement for a while.

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Tether Seeks to Boost Peer-to-Peer Payments on Telegram by Expanding Dollar, Gold Stablecoins to TON Network

The TON network has seen rapid growth recently helped by incentives for onboarding Telegram users.

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USDP briefly spikes to $1.28, costing an Aave trader $529k

The value of the stablecoin Pax Dollar (USDP), issued by the Paxos Trust Company, experienced a surge to a high of $1.28, triggering the liquidation of $529,000 in USDC for a market participant.  Like regular stablecoins, USDP is designed to…

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U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill

U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) are taking another swing at crypto-specific legislation, with a narrowly tailored bill seeking to define how stablecoins – cryptocurrencies that maintain a value with some other asset, like the U.S. dollar – will operate in the U.S.

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A16z-Backed Protocol Unveils U.S. Dollar Stablecoin Passing Yield from RWA and DeFi

Angle also aims to establish a forex hub offering seamless conversion between its dollar and euro-pegged stablecoins.

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Dai (DAI) investors buy Pushd (PUSHD) early to see summer profits while Bitcoin (BTC) hits $52k

Some crypto projects are not as volatile as other projects on the blockchain, they are called stablecoins, Dai (DAI) is one of such coins. Dai (DAI) is linked to the US dollar by 1:1. Investors use stable coins like Dai (DAI) to escape the level of uncertainty that comes with regular coins.

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U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength

Crypto critics often warn of digital currencies' potential to destabilize the U. S. dollar, but Federal Reserve Gov. Christopher Waller argued that stablecoins' dependence on the dollar could actually strengthen the U.

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VIDEO: Tether CTO Paolo Ardoino, “dollar stablecoins can help the developing world”

I love Bitcoin. Having said that, its volatility is extreme and prevents it being anything remotely close to a store of value – for now, at least. I spoke with the CTO of Tether, Paolo Ardoino, on the latest episode of the Invezz podcast.

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Jack Dorsey’s TBD Teams Up With Circle to Take US Dollar Stablecoin Savings and Remittances Global

The partnership aims to improve people’s access to dollar-linked stablecoins in countries with rapidly devaluing currencies.

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Developers Can Now Issue Assets Like Stablecoins On Bitcoin

Taro daemon's alpha release on testnet enables developers to test issuing, sending and receiving assets like U.S. dollar stablecoins on Bitcoin.

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US Stablecoin Bill Negotiations Wrestled Over Digital Dollar Approval: Source

Democrats pushed for a provision directing the U.S. Federal Reserve to move forward on a digital dollar, but the negotiations concluded with a new directive for another Fed study in this year’s ongoing legislative effort to regulate stablecoins, according to a person familiar with the talks.

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The American Government Might Outlaw Algorithmic Stablecoins

New algorithmic stablecoins like TerraUSD Classic (USTC), which depegged from the U.S. dollar early this year and propagated infection over the cryptocurrency world, might be prohibited for two years under a pending bill within the United States House of Reps.…

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WazirX to Follow Binance in Converting Stablecoins to BUSD

Indian crypto exchange WazirX has announced the delisting of major stablecoins Tether (USDT), Pax Dollar (USDP), and True USD (TUSD). The post WazirX to Follow Binance in Converting Stablecoins to BUSD appeared first on BeInCrypto.

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Latin Americans Turning to Dollar Stablecoins Amid Inflation Surge: Paxos

Latin Americans already see dollar-backed stablecoins as more secure than their own currencies, according to a new study.

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The Stablecoin Monster: CBDCs Are A Red Herring

What Ethereum’s upcoming fork can teach us about governance, stablecoins, centralization bottle-necks and the ever-important U.S. dollar system.

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CBDC may threaten stablecoins, not Bitcoin: ARK36 exec

A state-backed digital currency like the U.S. dollar doesn’t necessarily have to be a competitor to a decentralized cryptocurrency, one industry exec believes.

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These are the least 'stable' stablecoins not named TerraUSD

Some stablecoins have failed to deliver the dollar's stability to crypto traders long before TerraUSD's collapse.

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UST aftermath: Is there any future for algorithmic stablecoins?

The quest continues for the perfect “stand in” for the U.S. dollar. But, UST’s crash suggests that algo stables may be “inherently fragile.”

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LUNA Aftermath: Total Crypto Market More Oversold Than Black Thursday

Panic struck the crypto market last week when Bitcoin broke below support, stablecoins unpegged from the dollar, and LUNA dropped to zero. The bloody aftermath has left cryptocurrencies as a whole more oversold than the Black Thursday COVID collapse.

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Fantom Stablecoin DEI Becomes Latest to Lose Dollar Peg

DEI lost as much as 46 cents in European hours this morning. It follows a trend of several algorithmic stablecoins losing their pegs.

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