Generative Data Intelligence

Tag: stablecoin legislation

The PayPal Stablecoin: Should You Invest? – Bitcoin Market Journal

PayPal has launched its own stablecoin, called PYUSD. Should you invest? The short answer is you can’t “invest” in any stablecoin, because they’re designed to...

The US Dollar Is Under Threat, Says Circle CEO in Warning to Congress – Decrypt

Circle CEO Jeremy Allaire had a firm warning for policymakers on Thursday: Protect stablecoins or the US dollar will lose global dominance. “If the...

New Stablecoin Bill Drafted by House Republicans as Compromise With Democrats

The panel’s chairman, Rep. Patrick McHenry (R-N.C.), has considered stablecoin legislation a priority since last year, before he took over the committee. When he...

Stablecoin issuers have spent over $1.3M lobbying Congress since 2022

Stablecoin issuers including Tether, Circle, and others have spent well over a million dollars lobbying lawmakers on Capitol Hill since the start of 2022,...

Solana (SOL) Creator Anatoly Yakovenko Says This ‘Killer App’ Could Spark Next Boom in Crypto Adoption – The Daily Hodl

Solana (SOL) co-founder Anatoly Yakovenko says one crucial development in the crypto space could trigger a boom in digital asset adoption. Yakovenko says in a...

Curve Tests New Stablecoin crvUSD Ahead of Ethereum Mainnet Launch

Curve has deployed crvUSD smart contracts on the Ethereum Sepolia testnet. crvUSD will be backed by various crypto assets. The new stablecoin will use...

Circle CEO Warns of Active and Accelerating De-dollarization

According to Jeremy Allaire, CEO of stablecoin issuer Circle, the United States must embrace stablecoin laws and digitize the US dollar...

This Week in Coins: Market Slumps as Bitcoin and Ethereum Drop Over 10%

There was a limit to crypto’s growth this week as the market is still pricing the effects of another possible interest rate hike from...

Circle Urges U.S. Government to Enact Stablecoin Legislation

Circle’s CSO to ask the U.S. Congress to enact a payment stablecoin legislation. Dante Disparte made the request in a speech to be presented...

Circle exec to join US Congressional committee hearing on stablecoin payments, legislation

The United States House Committee on Financial Services will hold a hearing on April 19 to discuss stablecoins’ position as a means of payment...

U.S. Congress to Tackle SEC Oversight, Stablecoin Legislation

SEC Chair Gary Gensler will be in the hot seat on Tuesday, the star witness before the full U.S. House Committee on Financial Services...

Circle Calls for Direct Holding of USDC Reserve by Federal Reserve

Circle, the USDC stablecoin’s issuer, has advocated for the direct deposit of stablecoin reserves with the US Federal Reserve. On March...

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