Tether co-founder backs new yield-bearing decentralized stablecoin
Pi Protocol will offer the minting of the yield-bearing USP stablecoin, which will be governed by the community.
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
Robinhood CEO Vlad Tenev said the innovation-friendly regime in the US will potentially help the firm bolster its offerings.
Tether dismisses concerns over regulatory compliance, boasts $20 billion liquidity surplus to adapt easily.
Mastercard embraces blockchain innovation to stay ahead in the competitive payments landscape.
The Legacy Mesh will allow USDT holders to use the multichain connectivity introduced by the USDT0.
BoE governor Andrew Bailey also discussed Bitcoin and stablecoins, calling the former a speculative asset, while acknowledging the latter could serve a monetary purpose.
ECB's regulatory move enables fintechs direct Eurosystem access, enhancing competition and reducing dependency on traditional banks.