The Bitcoin Policy Institute (BPI) has released a new policy proposal for the United States aimed at establishing what it calls “stablecoin supremacy.” The proposal, published on Wednesday, is structured around five policy areas and comes on the heels of the already-enacted GENIUS Act. Bitcoin Policy Institute Warning At the center of BPI’s argument is…
View More Bitcoin Policy Institute Maps Out Strategy For US Stablecoin Supremacy Across 5 Policy Areas
Although final passage of the CLARITY Act—commonly referred to as the crypto market structure bill —has been delayed in Congress, some experts believe its eventual approval could unleash an unprecedented wave of capital into the crypto sector. Trillions On Hold In a recent post on X (previously Twitter), the expert known as 360Trader argued that…
View More Expert Forecasts $5 Trillions Pouring Into Crypto Post CLARITY Act Passage
American multinational investment bank Citigroup announced plans to potentially issue its stablecoin, as CEO Jane Fraser revealed during a post-earnings conference call. As first reported by Reuters, Fraser emphasized the bank’s focus on both the stablecoin initiative and the growing tokenized deposit sector, stating, “This is a good opportunity for us.” As the third-largest lender…
View More Citigroup CEO Confirms Interest In Issuing A Proprietary Stablecoin—Reuters
Shares of Circle Internet Group, the issuer of the market’s second-largest stablecoin, USDC, experienced a remarkable surge on Thursday, skyrocketing 168% as the company made its debut on the New York Stock Exchange (NYSE). Circle’s IPO Exceeds Expectations Circle’s stock opened at $69, well above its IPO pricing of $31. Throughout the day, the shares…
View More Circle Soars 168% In First Day Of Trading On NYSE Following Strong IPO
According to recent reports, President Donald Trump’s crypto venture, the decentralized finance (DeFi) platform World Liberty Financial (WLFI), has unveiled a new stablecoin called USD1. This token, pegged to the US dollar, is now live on the Ethereum (ETH) and Binance blockchains, although the launch was not officially announced by the company on Monday March…
View More World Liberty Financial Unveils USD1: A New Stablecoin In Trump’s Growing Crypto Portfolio