US Senate Demands Answers From Stablecoin Issuers, Expresses ‘Concerns’
Stablecoins are in for another battering at the hands of the United States policymakers – with the Senate now getting in on the act: a committee chief has expressed “significant concerns” about the “consistency” of the t...
Read More: US Senate Demands Answers From Stablecoin Issuers, Expresses ‘Concerns’
Original source
Read on CryptonewsRelated market context
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...
United States drops new demands on Iran deal as $1B crypto seizure adds digital dimension to negotiations
The US's crypto asset seizure from Iran highlights the increasing role of digital currencies in geopolitical negotiations and conf...
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 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...
Brian Armstrong Says Coinbase Processes $1T in Stablecoin Payments Annually
Coinbase CEO Brian Armstrong disclosed three platform-scale figures on Thursday, giving the most detailed public accounting to dat...
Aave Proposal Moves To Add Circle Wrapped Bitcoin As Collateral
TL;DR Aave Labs has proposed onboarding Circle Wrapped Bitcoin, or cirBTC, to Aave V3 Core and Aave V4 Core on Ethereum. The propo...