US stablecoin bill to ‘cement’ dollar dominance, fight sanction evasion
The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult.
The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult.
Original source
Read on CointelegraphRelated market context
Sui Processes $65 Billion in Stablecoin Transfers in Five Days After Zeroing Out Fees
The Sui blockchain has moved nearly $65 billion in stablecoins in five days, the payoff from a protocol change that made those tra...
Trump USD1 Crypto Stablecoin Debuts as Fighter Bonus Currency at White House UFC Event
World Liberty Financial’s USD1 stablecoin paid out $250,000 in fighter performance bonuses at UFC Freedom 250. The mixed martial a...
Most of Ripple’s own stablecoin lives on Ethereum
The majority of the Ripple USD stablecoin is on Ethereum, the top competitor to Ripple’s XRP Ledger. Indeed, $879 million of the r...
UK detains SMYRTOS tanker linked to Russia’s shadow fleet, exposing stablecoin salary payments to crew
The SMYRTOS incident may prompt stricter global regulations on stablecoin transactions, impacting crypto markets and cross-border...
Iran agrees to denuclearization steps in exchange for sanctions relief, with crypto caught in the crossfire
The potential denuclearization deal could reshape geopolitical dynamics, impact global oil markets, and intensify crypto regulator...
Did Tether just freeze $72M in USDT with no link to a hack in Monero money laundering sting?
A Tron address reportedly received 120.2 million USDT last week and began routing funds before Tether reportedly froze about $72 m...