Lawmakers stumble on stablecoin terms as US Congress grills Fed’s Bowman
Representative Stephen Lynch questioned Fed supervisor Michelle Bowman about her comments on digital assets at a November conference in Madrid.
Representative Stephen Lynch questioned Fed supervisor Michelle Bowman about her comments on digital assets at a November conference in Madrid.
Original source
Read on CointelegraphRelated market context
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
Ripple and Bitso Expand Stablecoin Settlement on XRP Ledger
Ripple and Bitso are expanding stablecoin settlement on the XRP Ledger, bringing MXNB and RLUSD into Ripple’s enterprise payments...
Fidelity’s Dollar Stablecoin Taps Curve and Uniswap as Its DeFi Liquidity Layer
The Fidelity Digital Dollar reportedly deployed liquidity to both Curve Finance and Uniswap in a single Ethereum block Thursday ev...
Fidelity chooses Uniswap as liquidity layer for FIDD stablecoin pools
Fidelity's integration of FIDD with Uniswap could significantly boost institutional trust and participation in DeFi, expanding sta...
MassPay taps Coinbase to expand stablecoin payouts
MassPay taps Coinbase to add USDC-powered cross-border payouts, betting stablecoin rails will cut costs and speed up settlement fo...