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Tag: Stablecoins

A stablecoin is a fiat-backed cryptocurrency that has a value pegged to another stable asset, such as the US dollar.

Crypto Market Surges as GENIUS Act Advances, Trump Backs Stablecoin Legislation

Crypto Market Surges as GENIUS Act Advances, Trump Backs Stablecoin Legislation

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The U.S. Senate passed the GENIUS Act, a landmark bill to regulate stablecoins, with strong bipartisan support (68-30 vote). The act aims to establish a clear regulatory framework for stablecoins, requiring 1:1 backing by liquid assets and monthly disclosures. Major crypto-related stocks, including Coinbase (COIN), Circle (CRCL), and SRM Entertainment (SRM), saw significant surges following the news. President Donald Trump...

Front page, News, Stablecoins

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U.S. Senate Passes GENIUS Act to Regulate Stablecoins

U.S. Senate Passes GENIUS Act to Regulate Stablecoins

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In a landmark move for the cryptocurrency industry, the U.S. Senate passed the GENIUS Act (S.1582) on June 17, 2025, with a decisive 68-30 vote, establishing the first comprehensive federal framework to regulate stablecoins—digital currencies like Tether (USDT) and USD Coin (USDC) designed to maintain a stable value, typically pegged to the U.S. dollar. The legislation, which cleared a procedural hurdle on June 11 with a 68-30 vote, aims to...

Crypto regulation, Front page, News, Stablecoins

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What is Plasma

Plasma: The Blockchain Challenging DeFi’s Stablecoin Status Quo

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Plasma is a new Layer 1 blockchain, distinct from the older Ethereum scaling solution, purpose-built for stablecoin transfers. It aims to offer zero-fee USDT transactions and lightning-fast settlement by leveraging Bitcoin’s security and an EVM-compatible environment. The project recently garnered immense attention, raising $1 billion in stablecoin deposits for its XPL token public sale, valuing the network at $500 million...

Main, Stablecoins

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World Liberty Financial Debuts $USD1 Stablecoin on TRON Network

World Liberty Financial Debuts $USD1 Stablecoin on TRON Network

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World Liberty Financial has officially launched the $USD1 stablecoin. The new coin is built on the TRON blockchain, known for low fees and fast settlements. $USD1 is fully backed 1:1 by U.S. dollars, held in regulated U.S. bank accounts. Aims to provide a stable digital dollar for global remittances, payments, and trading. Part of a trend of rising stablecoin adoption, especially in emerging markets. World Liberty...

Front page, News, Stablecoins

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Big Tech’s Exploration of Stablecoin Integration for Payments

Big Tech’s Exploration of Stablecoin Integration for Payments

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Research suggests Big Tech companies like Apple, X, Airbnb, and Google are exploring stablecoin integration for payments, driven by U.S. crypto policy shifts. It seems likely that stablecoins, pegged to assets like the US dollar, could reduce transaction costs and improve cross-border payments. The evidence leans toward the GENIUS Act, a debated bill, influencing these moves, with both support and criticism around consumer...

Crypto adoption, Cryptocurrencies, Front page, News, Stablecoins

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