Stablecoins are a critical countermeasure to Operation Chokepoint
Stablecoins could help crypto firms to remove themselves from the banking system — and prevent the U.S. government from cutting off their financial lifelines.
Stablecoin issuers have spent over $1.3M lobbying Congress since 2022
Tether and Circle have been leading lobbying efforts among stablecoin issuers as they push for legislation and regulations for stablecoins.
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Binance to Withdraw From Canadian Market Due to Regulatory Climate
Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday that it is “proactively withdrawing from the Canadian market.” The company thanked the regulators who worked with them…
The US should promote USDC — before it’s too late
USDC brings stability to cryptocurrency. It would behoove the financial system if policymakers took measures to foster its adoption.
Circle reportedly adjusts USDC reserves to avoid US default risk
The world’s second-largest stablecoin issuer wants to reduce its exposure to potential United States debt defaults.
Stablecoins must be programmable to counter CBDCs
Decentralization enables programmability — and that allows stablecoins to wield a key advantage over central bank digital currencies.
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Crypto Industry Report: BTC Beats Nasdaq Index and Gold in Q1, Liquid Staking Governance Tokens up by 210%
According to the latest Coingecko crypto industry report, during the first quarter of 2023, bitcoin became the best-performing asset after it saw its U.S. dollar value go up from just…
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Nigerian Crypto and Web3 Startup Lazerpay Shuts Down After Failing to ‘Close a Successful Funding Round’
The Nigerian crypto and Web3 startup Lazerpay announced on April 13 that it will cease operations. Co-founder and CEO Njoku Emmanuel said the decision to cease operations was made after…
Flatcoiners should take a cue from TerraUSD’s fate
Flatcoins need to provide a more stable and decentralized alternative to traditional currencies — otherwise, they’re nothing but investment vehicles.
US needs to regulate stablecoins to keep a strong dollar: Stellar CEO
The United States and the greenback will suffer if stablecoin regulations are not rolled out this year, Stellar Development Foundation's chief has claimed.