SEC approves first yield-bearing stablecoin security
Figure Markets has become the first company to receive approval for an interest-bearing stablecoin in the United States.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Figure Markets has become the first company to receive approval for an interest-bearing stablecoin in the United States.
Why this matters
This security 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
Ripple’s RLUSD passes PayPal’s PYUSD to become seventh-largest stablecoin
Ripple's RLUSD surpassing PayPal's PYUSD highlights shifting dynamics in the stablecoin market, emphasizing the importance of adap...
Safepal Hardware Wallet Users Receive Fake Security Alerts in the Mail
Safepal customers in Italy are reportedly being targeted by a sophisticated phishing campaign involving fraudulent letters contain...
Griffin Raises $20M to Bring Stablecoin Payments and Card Issuing to Its Banking Platform
Key Takeaways: Griffin raised $20 million in a Series B round at a valuation exceeding $100 million. The UK’s bank is set to intro...
U.S. Wholesale Inflation Hits 6.5%—What It Means for Bitcoin’s Next Move
Bitcoin’s inflation problem has a fresh complication. U.S. wholesale prices rose 6.5% over the year to October, their fastest annu...
U.S. Targets $1.2 Billion From Binance Hack—Where Is the Rest?
The Binance hack recovery has reached a significant milestone: U.S. authorities say more than $1.2 billion in stolen cryptocurrenc...
Ethereum Dancing on Two Fronts as Quantum Upgrade Advances and Treasury Leverage Bites
Ethereum developers want to upgrade the network to be quantum-ready by 2027, potentially accelerating one of its biggest security...