The STABLE Act would force all stablecoin issuers to have bank licenses, a shot across the bow that portends an emerging legal challenge for the industry.
Rep. Rashida Tlaib, Rep. Stephen Lynch and Rep. Jesus Chuy Garcia have introduced a bill that would require stablecoin issuers to secure bank charters and either obtain FDIC insurance or maintain full reserves to operate in the U.S.
Centre, the Coinbase- and Circle-founded project that oversees the USDC stablecoin, has hired Wall Street veteran David Puth as its new CEO.
The Libra Association is rebranding itself as Diem to distance itself from the original multi-currency stablecoin vision as it prepares for a possible 2021 launch.
Stablecoins could "threaten financial security" if widely adopted, the ECB head said in a magazine interview.
With Basis Cash, a team of anonymous developers is making what might be called a fork of a project that never launched.
The need to regulate global stablecoins like libra doesn't mean authorities can't embrace innovation, according to according to a BIS working paper.
The exchange is discontinuing its own BGBP stablecoin, an "experiment" that obviously wasn't a success.
The stablecoin dai (DAI) broke a market capitalization of $1 billion on Wednesday, a major milestone for the DeFi pioneer.
Congressional Democrats blasted the OCC and Acting Comptroller Brooks for spending time on crypto during a pandemic.
The hybrid blockchain maker, Kadena, announced on Tuesday that it has partnered with Terra and will be adding Terra’s stablecoin Luna to its decentralized exchange (DEX) Kadenswap.
India-based DefiDollar has raised $1.2 million in a seed round led by Divergence Ventures, Standard Crypto and Accomplice.
PoolTogether v3 will enable more ERC-20 tokens, more yield sources and more prize distribution schemes for the DeFi savings game.
USDC moves to Solana – its fourth blockchain – one week after also landing on Stellar.
USDC and DAI seem to have found their niche as the preferred stablecoins in decentralized trades.