The first regulated stablecoin tied to the international version of the Chinese yuan (CNH) meant for foreign exchange markets, and a South Korean won (KRW) stablecoin launched this week as the global stablecoin race heats up. Financial technology company AnchorX debuted its AxCNH yuan-pegged stablecoin on Wednesday at the Belt and Road Summit in Hong Kong, according to Reuters, following …
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The U.S. Treasury Department is pushing forward with a narrow comment window on its preliminary, formal efforts to solidify the recently established stablecoin law into a set of regulations. This arm of President Donald Trump’s administration has opened what’s known as an “advance notice of proposed rulemaking” on Friday, which is an early step taken to gather information that will …
Read More »Google Teams Up With Coinbase to Bring Stablecoin Payments to AI Apps CoinDesk Google releases AI payments protocol that includes support for stablecoins, partners include Coinbase and Salesforce Fortune Google Agentic Payments Protocol + x402: Agents Can Now Actually Pay Each Other Coinbase Google launches new protocol for agent-driven purchases Yahoo Finance Google launches AI agent-to-agent payments protocol with stablecoin support The Block Source link
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Key Takeaways Who won the race for Hyperliquid’s USDH stablecoin ticker? Native Markets secured the USDH ticker, winning nearly 70% of validator votes in Hyperliquid’s first major on-chain governance process. Which firms did Native Markets beat? It outpaced bids from Paxos, BitGo, and Ethena, with prediction markets showing overwhelming support for Native Markets toward the end of the race. The …
Read More »Native Markets team wins Hyperliquid USDH stablecoin bid, eyes test phase ‘within days’ The BlockView Full Coverage on Google News Source link
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Key takeaways Stablecoins are entering a new growth phase, with Tether launching USA₮ under U.S. regulations, Circle ramping up USDC supply, and Japan’s JPYC aiming for a ¥1 trillion milestone. Stablecoins are entering a new phase. Tether just unveiled USA₮, a dollar-backed token designed to meet U.S. regulatory standards under the GENIUS Act, while rival Circle is quietly making moves. …
Read More »Bo Hines named CEO of Tether’s new US arm as company unveils USAT stablecoin The Block Tether unveils USAT stablecoin to boost US market presence Reuters Crypto group Tether to launch new stablecoin with eye on US markets Financial Times Tether Unveils USA₮, its Planned U.S.-Regulated Dollar-Backed Stablecoin, and Will Appoint Bo Hines as CEO of Tether USA Tether.io Tether reveals USAT stablecoin, appoints …
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Tether, the company behind the world’s most popular stablecoin, USDT, unveiled a U.S.-regulated, dollar-backed token called USAT and appointed Bo Hines as head of its American division. Anchorage Digital, a federally regulated crypto bank, will serve as the token’s issuer, while Cantor Fitzgerald will manage the reserves. The token will debut later this year, Tether CEO Paolo Ardoino said on …
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The world’s biggest stablecoin, tether. Justin Tallis | AFP via Getty Images Tether, the issuer of the largest stablecoin, has named a CEO for its U.S. business and is launching a new token for U.S. institutions. The moves underscore Tether’s commitment to regulatory engagement and entry into the U.S. The company, once accused of being a criminal’s “go-to cryptocurrency” has …
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Tether Unveils USA₮, its Planned U.S.-Regulated Dollar-Backed Stablecoin, and Will Appoint Bo Hines as CEO of Tether USA₮ The introduction of USA₮ and appointment of Bo Hines marks Tether’s next chapter in strengthening U.S. dollar dominance through transparency and innovation 12 September 2025 – Tether, the largest company in the digital asset ecosystem, today unveiled USA₮, its planned U.S.-regulated, dollar-backed …
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