World Liberty Seeks US Banking License In Trump Crypto Push
World Liberty Financial applies for a US national banking charter to bring its dollar-backed stablecoin USD1 under the OCC’s formal oversight, as part of the Trump Crypto Push initiative.
Stablecoins
Trump’s World Liberty Financial applies for banking charter to expand USD1
World Liberty Financial, associated with the Trump family, applies for a banking charter to expand its USD1 stablecoin, aiming for greater institutional adoption and regulatory compliance.
Wyoming’s ‘Frontier’ Stablecoin Debuts—Will It Offer Yield?
Wyoming’s Frontier stablecoin debuts, backed by the state, and investors await yield opportunities. Will it be a game-changer for the industry?
Crypto Advocates Renew Stablecoin Rewards Push as Market Structure Bill Nears Key Senate Vote
The Senate Banking Committee is set to vote on a crypto market structure bill that includes provisions related to stablecoin rewards, prompting crypto advocates to renew their push for stablecoin rewards.
Venezuela’s sanctions are stablecoins’ proof of concept
Venezuela’s adoption of stablecoins due to sanctions showcases their potential as an alternative financial system, providing a proof of concept for their effectiveness in bypassing traditional financial restrictions.
JPMorgan targets Canton Network for next phase of JPM Coin
JPMorgan targets Canton Network for next phase of JPM Coin, expanding its capabilities and reach. The native launch of JPM Coin on the Canton Network promises to enhance the utility and adoption potential of the US dollar deposit token.
Barclays makes first stablecoin investment with stake in Ubyx
Barclays invests in Ubyx, a US-based stablecoin clearing platform, marking its entry into regulated digital money and tokenized financial services.
UAE’s dirham stablecoin race widens as RAKBank nets in-principle approval
RAKBank becomes the first homegrown bank to receive in-principle approval to launch a dirham-backed stablecoin, widening the UAE’s stablecoin race.
Barclays Makes First Stablecoin Investment With Stake In Ubyx
Barclays makes its first stablecoin investment by backing Ubyx, a US-based company, to build regulated settlement infrastructure for tokenized digital money, marking a significant step in the integration of traditional banking with digital asset technologies.
Stablecoin Titan Tether Wants Gold to Be Used for Everyday Payments—Here’s How
Tether introduces Scudo, a new unit of account for gold, aiming to simplify digital payments and enhance the utility of gold in everyday transactions. Explore the potential benefits and challenges of this innovative proposal.