Exclusive: China considering yuan-backed stablecoins to boost global currency usage, sources say Reuters China is expanding into digital currencies, hoping to promote use of its ‘people’s money’ Yahoo Finance China Is Worried About Dollar-Backed Stablecoins Foreign Policy China Considers Approving Yuan-Backed Stablecoins The Information China’s Fintech and Stablecoin Revolution: A Strategic Window for Global Investors AInvest Source link
Read More »Tag Archives: Stablecoins
Exclusive: China considering yuan-backed stablecoins to boost global currency usage, sources say – Reuters
Exclusive: China considering yuan-backed stablecoins to boost global currency usage, sources say Reuters China Is Worried About Dollar-Backed Stablecoins Foreign Policy Buckle Up Dollar Bulls, China Is Reportedly Considering Its Own Yuan-Linked Stablecoins Yahoo Finance China weighs yuan-backed stablecoins in major policy shift: Reuters Cointelegraph China to legalize yuan-pegged stablecoins this month after 12-year crypto ban Cryptopolitan Source link
Read More »Treasury Issues Request for Comment Related to the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act
WASHINGTON – Today, the U.S. Department of the Treasury issued a Request for Comment required by the GENIUS Act, which furthers the Administration’s policy of supporting the responsible growth and use of digital assets, as outlined in Executive Order (E.O.) 14178 on “Strengthening American Leadership in Digital Financial Technology.” Today’s request for comment fulfills Treasury’s obligation pursuant to section 9(a) of the GENIUS …
Read More »How $130B in Ethereum stablecoins could unleash the next altcoin frenzy
Key Takeaways The amount of stablecoin supply has been growing recently. The surge comes from multiple blockchains, particularly Ethereum. Is this the missing puzzle for an altcoin season? The passing of two bills by the U.S. Congress to streamline regulations around stablecoins looks to be finally meeting its purpose. The GENIUS and STABLE Acts are now ensuring transparency and consumer …
Read More »Citigroup considers custody and payment services for stablecoins, crypto ETFs – Reuters
Citigroup considers custody and payment services for stablecoins, crypto ETFs Reuters How Citi and JPMorgan’s blockchain moves influence payments American Banker The Tipping Point: How Citigroup’s Digital Asset Strategy is Reshaping Traditional Finance AInvest Two Major Wall Street Names Are Planning To Enter The Stablecoin Market FXDailyReport.Com Citigroup weighs crypto custody as ETFs, stablecoins gain momentum Cointelegraph Source link
Read More »Companies plan stablecoins under new law, but experts say hurdles remain – Reuters
Companies plan stablecoins under new law, but experts say hurdles remain Reuters Are Stablecoins the Future of Payments? Mizuho Analyst Shares Insights The Wall Street Journal To the editor: GENIUS Act is anything but Toledo Blade GENIUS Act yield ban may push trillions into tokenized assets — ex-bank exec Cointelegraph Prediction: Stablecoins Are About to Soar. Here’s Why. The Motley Fool Source link
Read More »GENIUS Act Blocks Big Tech From Dominating Stablecoins: Circle Exec
The GENIUS Act contains a little-noticed clause that prevents technology giants and Wall Street behemoths from dominating the stablecoin market, according to Circle Chief Strategy Officer Dante Disparte. “The GENIUS Act has what I’d like to call — just for my own legacy sake — a Libra clause,” Disparte told the Unchained podcast on Saturday. Any non-bank that wants to …
Read More »No Difference Between CBDCs and Regulated Stablecoins
United States congresswoman Marjorie Taylor Greene said that the GENIUS stablecoin bill creates a “backdoor” for the government to effectively create a central bank digital currency, veiled as privately issued crypto tokens. The lawmaker said that regulated stablecoins feature “functional surveillance capabilities,” which make them indistinguishable from CBDCs. In a separate social media post, she added: “This bill regulates stablecoins …
Read More »Trump Wants to Cut Deficits. Powell-Bashing, Stablecoins, and T-Bills Could Help. – Barron's
Trump Wants to Cut Deficits. Powell-Bashing, Stablecoins, and T-Bills Could Help. Barron’s Trump says Powell is costing the US a fortune by not lowering rates. But firing the Fed chair may not fix the issue CNN What if the Fed cut rates to just 1% like Trump wants? An analyst says it’s ‘ludicrous’ and may scare businesses Fortune Why is Trump unhappy with …
Read More »Trump signs law paving way for dollar-based stablecoins – DW – 07/19/2025
US President Donald Trump signed a law to create a regulatory framework for stablecoins. This could create a way for the US-dollar-based cryptocurrencies to come into regular use for making payments and moving money. The bill, also known as the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins), passed in the House of Representatives by a vote of 308 …
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