Crypto bank Anchorage Digital is looking to raise between $200 million and $400 million in fresh capital ahead of a potential ...
US community banks warn that the GENIUS Act allows stablecoin rewards to bypass yield restrictions, risking deposit outflows ...
The U.S. Mint manufactured its final penny just two months ago, but some Oklahoma businesses are already adjusting their cash ...
Coinbase CEO Brian Armstrong says US banks opposing stablecoin interest today will eventually lobby to allow it. He argues the fight over the GENIUS Act reflects banks defending low-cost deposits ...
Banks revive GENIUS Act fight as Coinbase defends stablecoin rewards. Reward rules spark industry rift amid rising stablecoin competition. Armstrong rejects reopening law, warning changes risk ...
A coalition of more than 125 crypto firms is pushing back against bank lobbying to restrict yield paid on stablecoin-related products. Banks argue the current stablecoin rules in teh GENIUS Act could ...
Wall Street bank JPMorgan Chase & Co. (JPM) said the stablecoin supply could reach $500 billion to $600 billion by 2028, far short of the most bullish $2 trillion to $4 trillion calls. Stablecoin ...
SoFi Technologies has unveiled SoFiUSD, a U.S. dollar-backed stablecoin, to power financial transactions for banking institutions and fintech businesses. The innovation is part of SoFi Bank’s plan to ...