467 articles
Ark Labs’ latest funding builds upon efforts to return stablecoin giant Tether to its Bitcoin-based roots
Athletes drafted on Thursday to compete in the MoonPay X Games League are set to receive signing bonuses in Exodus-powered stablecoins.
The funding coincides with Arkade adding support for digital assets, including infrastructure designed for stablecoins like USDT on Bitcoin.
Stablecoins move trillions each year but mostly sit unused, leaving a widespread inefficiency across crypto markets.
BOE Deputy Governor Sarah Breeden told lawmakers the central bank is open to alternative approaches that protect financial stability.
Law firm MinterEllisonRuddWatts, which acted on behalf of the stablecoin’s issuer, says the designation of the token is an important step for regulatory clarity.
Global demand for the US dollar is “massive,” and stablecoin yields will only bring more interest to the currency, argued the White House crypto chief.
Industry groups have criticized the UK’s proposed stablecoin holding limits, arguing they would signal that the UK is hostile to crypto and stifle innovation.
Metaplanet is launching two subsidiaries and backing Japan's first licensed yen stablecoin as it bets on the country's digital asset infrastructure.
Metaplanet said the new firm would support Japan-based Bitcoin projects in the payments and lending space in addition to stablecoins and tokenization-focused startups.
Patrick Witt, the White House crypto advisor, said GENIUS-compliant stablecoins will 'actually lead to deposit inflows.'
The venture capital arm will deploy 4 billion yen ($25 million) over the next few years to local bitcoin infrastructure firms.
