Bitcoin Stabilizes as Trump Extends Iran Strike Pause
Bitcoin prices recovered slightly on Thursday after U.S. President Donald Trump announced a 10-day extension of a pause on attacks against Iran’s energy infrastructure. This...
Tag : stablecoins
Negotiations on Clarity Act Face Mixed Reactions from Crypto Industry
The ongoing discussions surrounding the Clarity Act, a legislative effort aimed at defining the regulatory framework for cryptocurrencies, have generated a range of responses from...
Senate Proposes Restrictions on Stablecoin Yield Payments in New Legislation
The U.S. Senate has unveiled a revised draft of the Digital Asset Market Clarity Act, which includes provisions that would prohibit yield payments on stablecoin...
NovaBay Pharmaceuticals Transitions to Crypto Sector as Stablecoin Development Corporation
NovaBay Pharmaceuticals, a small-cap company with a market capitalization of approximately $30 million, has officially rebranded as Stablecoin Development Corporation, adopting the ticker symbol SDEV....
Gauntlet’s Total Value Locked Drops 22.84% Amid Campaign Conclusion
Gauntlet, a prominent player in decentralized finance (DeFi) risk management, has reported a significant decline in its total value locked (TVL), which has fallen by...
U.S. Regional Banks Launch Tokenized Deposit Network to Compete with Stablecoins
A consortium of U.S. regional banks has initiated the development of the Cari Network, a tokenized deposit platform leveraging ZKsync, a layer-2 blockchain technology. This...
Crypto’s Transformation: A Shift from Rock ‘n’ Roll to Institutional Stability
In a recent response to Leah Callon-Butler’s assertion that the era of cryptocurrency’s excitement has ended, industry figure Nikolic argues that this transition is beneficial...
XRP Ledger Activity Surges Amidst Declining Token Value
The XRP Ledger (XRPL) has experienced a notable increase in daily transaction volume, reaching over 2.7 million payments recently. However, this surge contrasts sharply with...
Tether Invests in Ark Labs to Enhance Bitcoin’s Payment Capabilities
Tether, the issuer of the widely used stablecoin USDT, has announced its investment in Ark Labs as part of a $5.2 million funding round. This...
Digital Dollar and Stablecoins Could Impact Bank Deposits, Jefferies Report Reveals
A recent report from Jefferies indicates that the increasing use of the digital dollar and stablecoins may lead to a gradual decline in bank deposits...