Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
The decline in net profit is directly related with the crypto market downturn during the first quarter.
Gino Matos 2 min read 
A 49-48 vote denied the motion to invoke cloture and consider the stablecoin regulation bill for approval.
Stripe deepens stablecoin offerings with new financial accounts, enabling global user access to crypto-linked services.
Stablecoin growth could drive $2 trillion in demand for US treasuries, cementing them as a linchpin of the digital asset industry.
The digital asset has gained rapid market attention and now ranks among the top five stablecoins by market capitalization.
The proposal aims to block potential conflicts of interest by prohibiting officials from financially benefiting from digital assets.
Bitwise CIO Matt Hougan believes failure to pass stablecoin legislation could undermine recent regulatory progress in the US.
The project allows real-world use cases such as per-play gaming models, per-inference AI services, and per-article paywalls for publishers.
XRP outpaced other major altcoins in trading volumes, bested only by Ethereum and Bitcoin.
