Tag: Stablecoins
A stablecoin is a fiat-backed cryptocurrency that has a value pegged to another stable asset, such as the US dollar.
Circle launched Gateway, enabling unified USDC balances across seven blockchains.
The protocol supports instant cross-chain liquidity, enhancing DeFi efficiency.
Move aligns with growing demand for interoperable stablecoin solutions.
Circle, the issuer of USDC, has launched its Gateway protocol on mainnet, allowing users to maintain a single USDC balance while transferring tokens across seven major blockchains, including...
U.S. House Passes GENIUS Act: A Milestone for Crypto Regulation
Written on .
GENIUS Act Passed: The U.S. House passed the GENIUS Act with a vote of 308-122, marking a historic moment for crypto regulation.
Regulatory Framework: The act establishes a clear regulatory framework for stablecoins, requiring 1:1 backing with US dollars or low-risk assets.
Bipartisan Support: Received strong support from both parties, with 102 Democrats and 206 Republicans voting in favor.
Consumer Protection: Includes stringent...
Transatlantic Talks Signal Unified Crypto Rules for Stablecoins and Beyond
Written on .
Joint U.S.-EU Talks: Regulators from the U.S. and EU are intensifying efforts to align policies on cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs), aiming for a cohesive global framework.
Focus Areas: Discussions emphasize cross-border oversight, financial stability, and consumer protection, with stablecoins and CBDCs as key priorities.
Global Implications: A unified approach could strengthen the U.S....
Ark Invest and Stablecoin Bill Propel Coinbase Stock to New Heights
Written on .
Stock Surge: Coinbase shares jumped 11% to $341 on June 24, 2025, making it the top S&P 500 performer, with an intraday high of $344.94.
Regulatory Catalyst: The U.S. Senate’s passage of the GENIUS Act, enabling broader stablecoin use, boosted crypto market sentiment.
Ark Invest’s Confidence: Cathie Wood’s Ark Invest purchased 4,198 Coinbase shares, reinforcing institutional support for the crypto exchange.
Analyst...
Crypto Market Surges as GENIUS Act Advances, Trump Backs Stablecoin Legislation
Written on .
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...





