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Anchorage Digital Acquires USDM Stablecoin Issuer Mountain Protocol


Crypto bank Anchorage Digital has announced an agreement to acquire Mountain Protocol, the issuer of the USDM stablecoin. Expanding Anchorage’s Stablecoin Capabilities Anchorage Digital, federally chartered crypto bank in the U.S., has announced an agreement to acquire Mountain Protocol,...

Anchorage Digital buys Mountain Protocol, USDM stablecoin winds down


Crypto bank Anchorage Digital has expanded its stablecoin offerings with the acquisition of Mountain Protocol, a stablecoin issuer that says it will begin winding down its main stablecoin, Mountain USD (USDM).The acquisition, which is subject to customary closing conditions and regulatory approval...

Cryptoquant CEO Predicts the Rise of ‘Dark Stablecoins’


Ki Young Ju, CEO of Cryptoquant, states that due to upcoming regulations, dark stablecoins—an alternative not under government control—will rise as people use them for large international transfers and other use cases that may invite scrutiny. Cryptoquant CEO Predicts Rise of ‘Dark...

Stablecoin bill gets second chance with Northern Mariana lawmakers


Tinian, a small island in the US territory of the Northern Mariana Islands, could get a second chance at launching a stablecoin after the territory’s Senate voted to override the governor’s earlier veto of its stablecoin bill.On May 9, the Northern Mariana Islands Senate voted 7-1...

Crypto’s $10T Surge Begins—Mainstream Stablecoins Trigger Escape Velocity


Crypto adoption is about to hit escape velocity as Meta, Stripe, and Ramp embrace stablecoins, setting the stage for a $10 trillion surge in digital asset integration, experts say. Stablecoins Hit Mainstream—Crypto Adoption Reaching Escape Velocity The accelerating shift toward stablecoin adoption...

Senator Tim Scott slams partisan politics for failed stablecoin bill


Senate Banking Committee Chairman Tim Scott blamed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act’s failure on partisan politics during a Senate speech on May 8.Scott said the vote, which failed to reach cloture in the Senate, was expected to mark a step...

Senator Tim Scott slams partisan politics for failed stablecoin bill


Senate Banking Committee Chairman Tim Scott blamed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act’s failure on partisan politics during a Senate speech on May 8.Scott said the vote, which failed to reach cloture in the Senate, was expected to mark a step...

Meta Reportedly Exploring Stablecoins for Small-Payment Use Case


Meta is contacting infrastructure providers to explore the implementation of stablecoins with a payout use case in mind. The development would mark a new start for the company’s crypto plans after dropping the Libra project. Meta Reportedly Mulling Stablecoins for Small Payouts to Creators...

Rumble CEO confirms Tether-collab crypto wallet to launch in Q3


Rumble’s pro-crypto founder and CEO has confirmed that the firm will launch its Bitcoin and stablecoin wallet in the third quarter of this year, aimed at giving the Coinbase Wallet a run for its money. The Rumble Wallet will be launched in partnership with stablecoin issuer Tether...

Meta exploring stablecoin integration for payouts: Report


Tech company Meta is reportedly exploring integrating stablecoin payments into its platforms after a three-year hiatus from cryptocurrencies, Fortune reported, citing sources familiar with the matter.The Facebook parent held talks with several crypto infrastructure firms in consultation but has...

Meta exploring stablecoin integration for payouts: Report


Tech company Meta is reportedly exploring integrating stablecoin payments into its platforms after a three-year hiatus from cryptocurrencies, Fortune reported, citing sources familiar with the matter.The Facebook parent held talks with several crypto infrastructure firms in consultation but has...

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