Stablecoins could serve as a boon for US dollar adoption, according to the Atlantic Council, a nonpartisan think tank. Barbara C. Matthews and Hung Tran, senior fellows at the Council’s Geoeconomics Center, note in a new analysis that the $227 billion stablecoin market is “tiny” compared to the $6.22 trillion US capital markets and the […]
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A member of The Board of Governors of the U.S. Federal Reserve is calling for laws that would allow banks and institutions to issue dollar-pegged digital assets. In a speech given by Christopher J. Waller at a recent conference in San Francisco, the Fed governor argues for a regulatory framework that would allow blue-chip financial […]
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The chief executive of USDT stablecoin issuer Tether is reportedly working with US authorities to construct laws around dollar-pegged crypto assets. In a new post on the social media platform X, Fox Business journalist Eleanor Terrett reports that Paolo Ardoino and Tether are “actively engaging” with the US government on how to best form laws […]
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Coinbase CEO Brian Armstrong says the digital asset exchange is moving as fast as possible to support one crypto use case often overshadowed by trading. In an earnings call, Armstrong says the payments category is one of the biggest sectors driving mass adoption in crypto. Specifically, the Coinbase CEO is looking at stablecoin payments, a […]
The post Crypto Stablecoins Shatter $30,000,000,000,000 in Volume During 2024, Says Coinbase CEO Brian Armstrong appeared first on The Daily Hodl.
Top stablecoin firm Tether is joining forces with one of the winningest football clubs in the world. According to a new announcement from Tether, the crypto firm has purchased a minority stake in the Torin, Italy-based football club Juventus. Says Tether CEO Paolo Ardoino of the new partnership, “Aligned with our strategic investment in Juventus, […]
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A stablecoin firm backed by veteran investor Peter Thiel is raking in tens of millions of dollars worth of funds during a recent fundraising event. In a new thread on the social media platform X, Plasma – a company designing a Bitcoin (BTC)-based blockchain specifically tailored for stablecoins – says it has raised $24 million […]
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US Senator Bill Hagerty of Tennessee is introducing legislation aimed at establishing clarity on the regulation of stablecoins. Fox Business journalist Eleanor Terett reports on the social media platform X that Hagerty is introducing the GENIUS bill to the Senate today. “Today Senator Hagerty introduces his stablecoin bill in the Senate. The bill is called […]
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Stablecoin supply on the Ethereum (ETH) rival Solana (SOL) has surged in the past couple of weeks after the rollout of President Donald Trump’s Official Trump (TRUMP) memecoin, according to the crypto research firm CCData. CCData notes in a new report that Solana’s stablecoin supply has ripped by 73.6% since January 18th, the day after […]
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President Donald Trump’s newly-appointed crypto czar says the US will quickly catch up to other countries’ digital asset industries. In a new interview with Fox Business, US Crypto Czar David Sacks says that Trump’s executive order seeking clear crypto guidelines will help the nation catch up to other countries, such as Singapore, that embraced digital […]
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According to Defillama’s most recent data, the stablecoin economy surpassed $215 billion as of Jan. 24, 2025. Notably, billions worth of these stablecoins were issued on the Solana blockchain. Solana Stablecoin Growth Shines Amid $215 Billion Market Boom The growth of the stablecoin economy shows no signs of slowing down, with its total market valuation […]