BNY has introduced a money market fund aimed at bolstering stablecoin adoption. The bank’s Dreyfus Stablecoin Reserves Fund, announced Thursday (Nov. 13), was designed to...
In September, the Treasury Department extended the public comment period on the implementation of the GENIUS Act, signaling both the complexity and sensitivity of shaping...
Stablecoin issuer Tether released an attestation report Friday (Oct. 31) saying that as of Sept. 30, its reserves exceeded its liabilities by $6.8 billion. The...
Watch more: TechREG: Nixon Peabody’s Andrew C. Glass and Gregory N. Blase When Congress passed the GENIUS Act, it effectively rewrote the rules of how digital...
Stablecoin payment volume has ballooned in the wake of new U.S. cryptocurrency legislation. More than $10 billion flowed through stablecoins in August for goods, services...
Paths are being paved for stablecoins to move more fully into mainstream payments, with growing use in cross-border settlements, corporate treasury flows and real-time commerce....
Stablecoins aren’t going anywhere, at least not any time soon. In that way, stablecoins are already in a league apart from other crypto experiments like...
The stablecoin market is reportedly outgrowing the larger cryptocurrency sector following recent U.S. legislation. That’s according to a report Tuesday (Sept. 30) by CoinDesk, citing...
The Treasury Department has issued another call for public comment as it prepares to implement the new stablecoin law, the Guiding and Establishing National Innovation...