USDC issuer Circle supports proposal to regulate stablecoin issuers as banks
"There's a real recognition that as these payment stablecoins grow, they could grow at internet scale relatively quickly," Circle CEO said.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
"There's a real recognition that as these payment stablecoins grow, they could grow at internet scale relatively quickly," Circle CEO said.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Gaming firm GameSquare boasts a $26M Ethereum fortune, but quiet debt fine print leaves just $2.1M in real cash
GameSquare Holdings reported stronger second-quarter operations alongside a $7.83 million crypto-linked accounting loss. The gamin...
Fidelity Seeks SEC Approval to Add Staking to Ethereum ETF
Key Takeaways: Fidelity has applied to the SEC to enable it to stake an unlimited percentage of its eligible Ether under normal co...
Ethereum (ETH) Price Prediction: Ethereum Targets $2,900 Recovery as Staking Growth and Whale Demand Strengthen Bullish Outlook
Ethereum price is trading near $1,885 after recovering from the recent pullback towards the $1,850 support region. The move has pl...
FG Nexus dumped all its Ethereum at a $45 million loss to buy mobile home parks—after earning just $144,000 in staking rewards
FG Nexus has abandoned its Ethereum treasury strategy less than a year after launch, redirecting its focus toward real estate deve...
Crypto Market Trends Shift Trading Priorities As A Growing Set Of Consumers Seeks A Robust Platform
This is particularly prevalent in places such as India, where awareness of the cryptocurrency market remains fairly high, while aw...
From MiCA to GENIUS: Why Crypto's Next Regulatory Test Is Cross-Border Coordination
The central debate in digital asset policy used to be whether to regulate at all. That question is now settled. MiCA's transitiona...