US dollar-pegged Stablecoins have become commoditized, diminishing the need for individual price tickers from the viewpoint of crypto users.
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Tether co-creator Reeve Collins explains why the next iteration of stablecoin must be productive, transparent and owned by the community, not corporations.
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CBDCs threaten more central bank control over money, including potential expiry dates on personal savings, Bitcoin Policy UK’s CEO said.
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The appointment of Hines signals a renewed focus on entering US markets and more investments in “domestic infrastructure,” Tether CEO Paolo Ardoino said.
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Bitcoin’s corporate adoption is increasingly resembling the “nationalization path” of gold leading up to 1971, presenting a new centralization concern, according to Willy Woo.
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The US House of Representatives will be in recess for the month of August, but the Senate still has a week of business to address two crypto bills before breaking.
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JD.com and Ant Group are reportedly lobbying Chinese regulators to launch yuan-based stablecoins to boost the currency’s global role and counter US dollar-pegged tokens.
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The stablecoin giant froze over $12.3 million worth of funds, pointing to potential illicit activity or AML violations.
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The Genius Act could boost the US dollar's dominance in Web3 by enforcing 1:1 stablecoin backing and compliance, according to a Foresight Ventures report.
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The GENIUS Act would legitimize stablecoins for institutional adoption and set a precedent for other global jurisdictions, according to the managing partner of DWF Labs.
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Abu Dhabi’s MGX will use a Trump-affiliated stablecoin to settle a $2 billion investment into Binance in one of Web3’s largest funding deals.
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FDUSD depegged after Justin Sun accused First Digital of insolvency, but the firm has since redeemed nearly $26 million in stablecoins.
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A US-led tariff war, preexisting economic sanctions, and global Bitcoin and stablecoin adoption could play a role in some countries’ attempts to dedollarize.
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Jerome Powell, who has served as chair of the Federal Reserve since 2018, made a guarantee to lawmakers in the Senate regarding a US central bank digital currency.
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Fed Board Governor Christopher Waller supports regulated stablecoins, as he believes they will help keep the US dollar as a global reserve currency.
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