Tag: Stablecoins
Ethereum Set To Dominate Stablecoins and Tokenization Says Bitwise CIO Matt Hougan
Ethereum holds 61.4% of tokenized assets, totaling over $206 billion on-chain. Bitwise CIO Matt Hougan calls Ethereum the leading platform for stablecoins and tokenization. Ethereum…
Pharos Network Expands With Circle’s USDC and Crosschain CCTP Infrastructure
Pharos Network to integrate USDC as a primary settlement and collateral asset for DeFi and payments CCTP enables direct USDC transfers across blockchains without bridges…
Tether Taps KPMG For Full Audit Of 185 Billion USDT Reserves Expansion Plan
Tether appoints KPMG for the first full audit of $185B USDT reserves, replacing prior BDO Italia attestations. Tether hires PwC to prepare internal systems and…
Tether Moves Toward Transparency With Full Audit Of Assets And Liabilities
Tether engages a Big Four firm to conduct its first full audit covering over $184B in USDT reserves and related liabilities. The audit will review…
White House Signals Progress as Stablecoin Yield Fight Enters Final Phase
Senate expects stablecoin yield compromise draft by end of week, addressing a key CLARITY Act delay White House signals progress as talks continue on stablecoin…
Stablecoin Yield Debate Grows as Banks Push Back on Clarity Act Rules
U.S. banks oppose stablecoin yield sharing in the Clarity Act, citing risks to traditional bank deposits. Stablecoins backed by U.S. Treasuries generate 4–5% yield, higher…
Coinbase Powers Webull’s Crypto Trading With CAAS Integration
Webull Pay selects Coinbase Crypto-as-a-Service to power trading, custody, staking, and USDC access. Coinbase infrastructure will support crypto trading for millions of Webull users starting…
Tether Eyes $500B Valuation With New USAT Stablecoin Launch
Tether reports $10B profit in 2025 and holds $122B in US Treasuries while seeking a $500B valuation. Tether launches USAT stablecoin for the US market…
American Banks Push Back on Crypto as CLARITY Act Debate Intensifies
The CLARITY Act seeks to divide crypto oversight between the SEC and CFTC to end regulatory uncertainty. Banks warn stablecoin rewards could trigger deposit flight…
