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Nalezeno "A$DC Stablecoin": 6409

Senate Banking Committee advances GENIUS stablecoin bill


The United States Senate Banking Committee elected to advance the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in an 18-6 vote.None of the amendments proposed by Senator Elizabeth Warren made it into the bill, including her proposal to limit stablecoin issuance...

Banks push to block stablecoin legislation over market share fears


Bankers and their allies in the US Senate are pushing back against the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act over fears that stablecoins will disintermediate banks and erode banking market share.According to an article from American Banker, the bill requires...

Banks push to block stablecoin legislation over market share fears


Bankers and their allies in the US Senate are pushing back against the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act over fears that stablecoins will disintermediate banks and erode banking market share.According to an article from American Banker, the bill requires...

MoonPay acquires API stablecoin infrastructure platform Iron


Cryptocurrency payments company MoonPay is expanding its presence in the enterprise stablecoin market with the acquisition of Iron, an API-focused stablecoin infrastructure developer, for an undisclosed amount. According to a March 13 announcement, the acquisition will give MoonPay’s...

MoonPay acquires API stablecoin infrastructure platform Iron


Cryptocurrency payments company MoonPay is expanding its presence in the enterprise stablecoin market with the acquisition of Iron, an API-focused stablecoin infrastructure developer, for an undisclosed amount. According to a March 13 announcement, the acquisition will give MoonPay’s...

USDC, USDt stablecoins are ‘store of value’ in Latin America — Bitso


Stablecoin adoption in Latin America is increasing as more users turn to Circle’s USDC and Tether’s USDT for financial stability, according to a new report from cryptocurrency exchange Bitso.The USDC (USDC) and USDt (USDT) stablecoins have become a “store of value” in Latin...

Crypto trader gets sandwich attacked in stablecoin swap, loses $215K


A crypto trader fell victim to a sandwich attack while making a $220,764 stablecoin transfer on March 12 — losing almost 98% of its value to a Maximum Extractable Value (MEV) bot.$220,764 worth of the USD Coin (USDC) stablecoin was swapped to $5,271 of Tether (USDT) in eight seconds as...

Crypto trader gets sandwich attacked in stablecoin swap, loses $215K


A crypto trader fell victim to a sandwich attack while making a $220,764 stablecoin transfer on March 12 — losing almost 98% of its value to a Maximum Extractable Value (MEV) bot.$220,764 worth of the USD Coin (USDC) stablecoin was swapped to $5,271 of Tether (USDT) in eight seconds as...

The GENIUS stablecoin bill is a CBDC trojan horse — DeFi exec


The recent GENIUS stablecoin bill is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis, co-founder of the Smardex decentralized trading platform.In a statement shared with Cointelegraph, Rausis said that...

The GENIUS stablecoin bill is a CBDC trojan horse — DeFi exec


The recent GENIUS stablecoin bill is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis, co-founder of the Smardex decentralized trading platform.In a statement shared with Cointelegraph, Rausis said that...

The GENIUS stablecoin bill is a CBDC trojan horse — DeFi exec


The recent GENIUS stablecoin bill is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis, co-founder of the Smardex decentralized trading platform.In a statement shared with Cointelegraph, Rausis said that...

The GENIUS stablecoin bill is a CBDC trojan horse — DeFi exec


The recent GENIUS stablecoin bill is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis, co-founder of the Smardex decentralized trading platform.In a statement shared with Cointelegraph, Rausis said that...

Abu Dhabi’s MGX backs Binance with $2B stablecoin investment


Abu Dhabi-based investment firm MGX has invested $2 billion in cryptocurrency exchange Binance, potentially marking one of the biggest funding deals in the industry’s history.In a March 12 announcement, Binance said the transaction was the first institutional investment in the cryptocurrency...

Abu Dhabi’s MGX backs Binance with $2B stablecoin investment


Abu Dhabi-based investment firm MGX has invested $2 billion in cryptocurrency exchange Binance, potentially marking one of the biggest funding deals in the industry’s history.In a March 12 announcement, Binance said the transaction was the first institutional investment in the cryptocurrency...

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