Senate’s 68-30 cloture vote speeds GENIUS Act toward simple majority passage
Senate advances GENIUS Act with a 68-30 vote, moving closer to final passage after months of debate.
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
Advancing with bipartisan backing, the CLARITY Act aims to end jurisdictional ambiguity, designating oversight of digital assets to either the SEC or CFTC.
Societe Generale-FORGE Launches USD-Pegged Stablecoin USDCV on Ethereum and Solana, with BNY Mellon as Custodian.
Ripple's UAE approval positions RLUSD for rapid Middle East expansion and regulatory recognition.
Institutional giants like SBI and ARK bet big on Circle's IPO, reflecting confidence in stablecoin adoption.
With a valuation of $515 billion, a Tether IPO would outpace Coca-Cola and Costco, making it the 19th most valuable company in the world.
Integration with Chainlink's CCIP enhances Solana's DeFi offerings with syrupUSDC, backed by $30 million in liquidity.