Congress on verge of making regulated dollar stablecoins act almost like digital cash
The GENIUS act has already defined what a legal payment stablecoin looks like. Now lawmakers are trying to make those digital dollars practical to use.
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The GENIUS act has already defined what a legal payment stablecoin looks like. Now lawmakers are trying to make those digital dollars practical to use.
Andjela Radmilac 8 min read
For most of its life, crypto lived outside the financial system. If you wanted to move dollars in…
Kevin Warsh may become the first Fed chair with disclosed crypto-linked holdings, but the bigger question is whether his policy instincts would make life harder for Bitcoin.
Circle says freezes should follow lawful process. Tether is proving the appeal of fast intervention. After Drift and Rhea, stablecoin users may care more about stopping thieves than old crypto slogans.
Nomura’s latest survey suggests Japanese institutions trust stablecoins issued by major financial institutions most, a potential hurdle for RLUSD even in a market where XRP has long enjoyed unusual traction.
A new SEC staff statement gives certain wallet-linked crypto trading interfaces a narrow way to operate without broker registration, while leaving most DeFi protocols and tokenized markets stuck waiting on Congress.
The report’s own projections show the ban barely nudges bank lending while putting stablecoin innovation and consumer yields on the line.
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