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US Stablecoin bill blocked as Democrats withdraw support


The Guiding and Establishing National Innovation for US Stablecoins of 2025 Act, known as the GENIUS Act, failed to pass cloture in the United States Senate on May 8, dealing a slight blow to cryptocurrency regulation in the country.The bill, sponsored by Senator Bill Hagerty and co-sponsored...

US Stablecoin bill blocked as Democrats withdraw support


The Guiding and Establishing National Innovation for US Stablecoins of 2025 Act, known as the GENIUS Act, failed to pass cloture in the United States Senate on May 8, dealing a slight blow to cryptocurrency regulation in the country.The bill, sponsored by Senator Bill Hagerty and co-sponsored...

Alpen Labs Launches Bitcoin-Backed Stablecoin to Boost Censorship Resistance


Alpen Labs has introduced the bitcoin dollar (BTD), a bitcoin-collateralized stablecoin built on zero-knowledge rollup technology, aiming to provide a censorship-resistant alternative to centralized stablecoins. ZK Rollups Power Alpen’s New Bitcoin-Backed Stablecoin The bitcoin dollar (BTD) will...

Stripe rolls out stablecoin accounts in over 100 countries


Stripe, a global payments platform, has introduced stablecoin-based accounts to clients in over 100 countries. According to a May 7 announcement, the new feature will allow the platform's clients "to send, receive, and hold US-dollar stablecoin account balances, similar to how a traditional fiat...

Visa Backs BVNK in Strategic Move to Boost Stablecoin Payment Networks


Visa’s venture arm has invested in BVNK, a stablecoin infrastructure firm, to accelerate the development of global payment networks using blockchain-based currencies. Stablecoin Infrastructure Firm BVNK Secures Visa Investment The strategic investment, announced this week by BVNK CEO Jesse Hemson...

Visa invests in stablecoin payment platform BVNK amid pro-crypto push


Payments behemoth Visa has invested in BVNK, a London-based startup focused on stablecoin payment infrastructure, signaling continued interest in digital asset innovation.According to a May 7 BVNK announcement, the startup “secured a strategic investment from Visa through their Visa Ventures...

Visa invests in stablecoin payment platform BVNK amid pro-crypto push


Payments behemoth Visa has invested in BVNK, a London-based startup focused on stablecoin payment infrastructure, signaling continued interest in digital asset innovation.According to a May 7 BVNK announcement, the startup “secured a strategic investment from Visa through their Visa Ventures...

Trump-backed USD1 is now the seventh-largest stablecoin worldwide


USD1, the US dollar stablecoin launched by the President Donald Trump-backed World Liberty Financial (WLFI), has become the seventh-largest stablecoin worldwide in just two months since its launch.WLFI’s snapshot vote for a USD1 airdrop proposal is underway, and USD1’s market...

Trump-backed USD1 is now the seventh-largest stablecoin worldwide


USD1, the US dollar stablecoin launched by the President Donald Trump-backed World Liberty Financial (WLFI), has become the seventh-largest stablecoin worldwide in just two months since its launch.WLFI’s snapshot vote for a USD1 airdrop proposal is underway, and USD1’s market...

Tether launches on Kaia, brings USD₮ to LINE’s 196M user ecosystem


Tether has deployed its flagship stablecoin, USD₮, on the Kaia blockchain as part of a broader collaboration with Line Next, the Web3 arm of Line, Japan’s popular messaging platform with over 196 million monthly active users.The integration means USD₮ (USDT) will now be supported...

US stablecoin bill loses democrats amid Trump corruption concerns


Democratic lawmakers in Washington are backing off support for crypto legislation amid heightened concerns over corruption, including the conduct of the Trump family’s World Liberty Financial (WLFI).In March, the GENIUS Act, which would regulate stablecoins in the US, passed a critical...

US stablecoin bill loses democrats amid Trump corruption concerns


Democratic lawmakers in Washington are backing off support for crypto legislation amid heightened concerns over corruption, including the conduct of the Trump family’s World Liberty Financial (WLFI).In March, the GENIUS Act, which would regulate stablecoins in the US, passed a critical...

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