Daily Crypto News & Musings

Latest News and Articles about Stablecoins

Trump’s GENIUS Act Under Fire: NYAG Blasts Weak Stablecoin Rules Ahead of 2025 Vote

Trump’s GENIUS Act Sparks Fury: NYAG Slams Weak Stablecoin Rules Before July 2025 Vote The Trump-backed GENIUS Act, a landmark bill to regulate stablecoins, is facing a firestorm of criticism as it inches toward a critical House vote in July 2025. Fresh off a strong 68-30 Senate win, the legislation has drawn sharp rebuke from […]

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US Senate Crypto Rules Stalled: Political Gridlock and Corporate Power Plays Dominate

US Senate Doodles Crypto Market Rules, But No Bill Emerges Amid Political Gridlock and Corporate Power Plays Washington has tossed out some rough sketches for cryptocurrency regulation with the US Senate Banking Committee’s Subcommittee on Digital Assets releasing a set of guiding ‘principles’ for market structure legislation. Yet, with no actual bill on the horizon […]

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China’s FOMO Fuels Yuan Stablecoin Push as Dollar Stablecoins Hit $261B

China’s FOMO Grips Tight as Dollar-Pegged Stablecoins Surge to $261 Billion China is staring down a digital currency juggernaut as dollar-pegged stablecoins dominate a $261 billion market, with the U.S. cementing its lead through bold regulatory moves. Beijing’s fear of missing out is deafening, with state media pushing for yuan-backed stablecoins to challenge the greenback’s […]

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South Korea’s Stablecoin Push: Card Firms Struggle as Tech Giants Rise

South Korea’s Stablecoin Surge: Card Companies Bleed, Tech Titans Thrive South Korea is charging headfirst into a financial frontier with its proposed Digital Asset Innovation Act, a bold move that could cement stablecoins as a cornerstone of digital payments. Set to redefine the nation’s money landscape, this legislation promises a decentralized future but threatens to […]

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Crypto VC Funding Hits $159M: Infrastructure and AI Dominate Amid Market Turmoil

Crypto VC Funding Surges to $159M Amid Market Chaos: Infrastructure and AI Lead the Charge Despite the crypto market’s relentless turbulence, venture capital is flowing with unrelenting confidence. From June 15 to June 21, 18 projects raked in a combined $159.5 million, with a sharp focus on infrastructure and artificial intelligence signaling that investors are […]

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Coinbase CEO Brian Armstrong: Crypto Is the Lifeline Amid Global Economic Crisis

Coinbase CEO’s Urgent Call: Crypto Is the World’s Lifeline Amid Economic Chaos Brian Armstrong, the head of Coinbase, has issued a stark warning on X: “the world needs crypto, now more than ever.” With national debts spiraling out of control, inflation crushing livelihoods, and geopolitical tensions threatening global stability, Armstrong positions cryptocurrency as a critical […]

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Stablecoins Could Cement U.S. Dollar Dominance, Says Treasury Secretary Bessent

Stablecoins: A Tool to Fortify U.S. Dollar Dominance, Says Treasury Secretary Bessent U.S. Treasury Secretary Scott Bessent has made a striking case for stablecoins, asserting they could solidify the global supremacy of the U.S. dollar by becoming massive buyers of government debt like Treasurys. With a landmark Senate bill passing to regulate these digital assets […]

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Circle Stock Soars 33% as GENIUS Act Passes: Trump’s Stablecoin Push Raises Concerns

Circle Stock Surges 33% with GENIUS Act Passage: Trump Pushes Stablecoin Regulation The U.S. Senate’s passage of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act has ignited a firestorm of activity in the cryptocurrency sector, with Circle, the issuer of USDC, leading the charge as its shares skyrocketed over 33%. Meanwhile, President […]

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Congress Faces Urgent Need to Fix Stablecoin Laws and Prevent Financial Crisis

Congress Must Revamp Stablecoin Regulation to Avert a Financial Disaster Stablecoins, the cryptocurrencies designed to hold steady value against assets like the U.S. dollar, have surged to a $247 billion market, promising a revolution in global finance with seamless transactions and decentralized innovation. But as Congress forges ahead with the GENIUS Act in the Senate […]

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Federal Reserve Rates Unchanged: Bitcoin and Crypto at a 2024 Crossroads

Federal Reserve Holds Rates Steady: Bitcoin and Crypto Face a Double-Edged Sword in 2024 The Federal Reserve’s latest decision to keep interest rates unchanged at 4.25% to 4.5% is hardly a shocker, matching Wall Street’s expectations, but it’s a loud signal of the economic tightrope the U.S. is walking. With inflation creeping up, growth forecasts […]

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Senate Passes GENIUS Act for Stablecoin Regulation, House Fight Looms

Senate Greenlights GENIUS Act for Stablecoins, But House Battle Brews On June 17, 2025, the U.S. Senate made history by passing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act with a decisive 68-30 vote, marking the first time Congress has approved legislation specifically targeting stablecoins and digital assets. This could be a […]

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U.S. Senate Passes GENIUS Act: Stablecoin Regulation Breakthrough or Trap?

U.S. Senate Passes GENIUS Act: A Game-Changer for Stablecoins or a Regulatory Trap? The U.S. Senate has dropped a bombshell on the crypto world, passing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act of 2025 with a bipartisan vote of 68-30 on June 17, 2025. This historic move—the first major cryptocurrency legislation […]

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Stablecoins: HTX Ventures Bets Big on Digital Dollar for Global Payments Overhaul

Stablecoins: Redefining Global Payments as a Digital Dollar Backbone, Per HTX Ventures Could a blockchain-based digital dollar finally kill off the slow, pricey nightmare of traditional bank transfers? HTX Ventures, the investment arm of crypto exchange HTX, is betting hard on stablecoins as the future of global payments, and their latest report, dropped on June […]

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Deutsche Bank Explores Stablecoins and Tokenized Deposits in Blockchain Push

Deutsche Bank Charges into Blockchain with Stablecoins and Tokenized Deposits Deutsche Bank, Germany’s financial titan, is planting its flag in the blockchain frontier by exploring stablecoins and tokenized deposits, signaling a seismic shift in how traditional banking could mesh with decentralized technology. This isn’t a half-hearted experiment—it’s a full-throttle bid to modernize finance while global […]

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Stablecoins vs. US Treasuries: $166B Holdings Spark Financial Disruption Fears

Stablecoins Clash with US Treasuries: A Financial Powder Keg Waiting to Explode? Stablecoins, the dollar-pegged digital tokens of the crypto world, are no longer a niche experiment—they’re muscling into the $29 trillion US Treasury market with a force that could either fortify global finance or blow it to smithereens. With issuers like Tether and Circle […]

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Stablecoins and AI Agents: Driving a $140B Decentralized Payment Revolution

Stablecoins and AI Agents: Powering a $140B Decentralized Payment Future Stablecoins, with a market already worth over $140 billion, are teaming up with artificial intelligence (AI) agents to reshape how money moves in a digital world. These digital dollars, tied to stable assets like the US dollar, paired with autonomous software programs, promise a future […]

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U.S. Treasury Embraces Crypto, Aims for Global Leadership with Stablecoins

America Goes Big on Crypto: From Industry Starvation to Global Leadership The U.S. government is shifting gears, moving from neglect to a supportive stance on digital assets. Treasury Secretary Scott Bessent aims to make the U.S. a global leader in cryptocurrency through regulatory clarity and a focus on stablecoins. U.S. Treasury shifts to crypto support […]

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Pat Toomey’s Crypto Bill Nears Senate Vote: Focus on Stablecoins and U.S. Innovation

Pat Toomey: Major Crypto Regulation Bill Nearing Senate Vote As the race to regulate cryptocurrencies intensifies, former U.S. Senator Pat Toomey, now on Coinbase’s Global Advisory Council, has unveiled a pivotal crypto regulation bill nearing a Senate vote. This legislation focuses on stablecoins, aiming to boost U.S. crypto innovation while also fortifying consumer protections. Crypto […]

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White House Crypto Advisor: Stablecoin Regulation Could Boost U.S. Debt by Trillions

White House Crypto Czar David Sacks: Stablecoin Clarity Could Trigger Trillions for U.S. Debt David Sacks, President Trump’s advisor on crypto and AI, suggests that the passage of the GENIUS Act, a bill aimed at regulating stablecoins, could lead to a significant demand for U.S. Treasuries, potentially injecting trillions into the U.S. debt market. GENIUS […]

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U.S. Senate Advances GENIUS Act: Stablecoin Regulation Amid Trump and Sun Controversies

U.S. Senate Advances Stablecoin Bill to Floor Vote, Amid Concerns and Controversies The U.S. Senate has taken a historic step toward regulating stablecoins, advancing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act to a floor vote. This development could significantly shape the future of cryptocurrencies and stablecoins, which are digital assets designed […]

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South Korean Experts Warn of Stablecoin Risks as Election Looms

South Korean Experts Warn Seoul of Mounting Stablecoin Danger South Korean financial and legal experts are raising alarms about the risks of adopting stablecoins, particularly those pegged to the U.S. dollar, as the country grapples with potential economic and political implications. Experts warn of stablecoin impact on Korean won and exchange rates Leading presidential candidate […]

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Financial Institutions Adopt Stablecoins at 90% Rate, Emphasizing Speed and Compliance

Financial Institutions Embrace Stablecoins: 90% Adoption Rate Signals Strategic Shift A staggering 90% of financial institutions have now integrated stablecoins into their operations, marking a strategic pivot towards speed and competitiveness, as detailed in Fireblocks’ 2025 “State of Stablecoins” report. This move isn’t just about saving costs; it’s about staying ahead in a rapidly evolving […]

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