Stablecoins

Tether has just taken on the role of a law enforcer and frozen the $85,877 USDt tied to stolen funds. While Tether CEO Paolo Ardoino has seen it own company as a crypto compliance enforcer, but the crypto community wasn't impressed, stating that Tether's might have over-stepped the line.

Polymarket is thinking about launching its own stablecoin or cutting a deal with Circle to earn interest from the funds users keep on the platform. This would give Polymarket more control over its money system as it grows and prepares to reenter the US market.

Western Union is testing stablecoin payments in Latin America and Africa to make money transfers faster and cheaper. The move follows a new US law that supports stablecoin use, and the company may launch the service later this year.

The first week of the "Crypto week" has ended with President Trump signing the GENIUS Act.

Leading Chinese-based Layer 1 blockchain Conflux Network is eyeing on the release of a stablecoin, which would be pegged to the offshore Chinese Yuan.

The first week of the "crypto week" has ended with President Trump signing the Guidign Establishing National Innovation for U.S Stablecoins (GENIUS) Act on Friday.

After a record-breaking nine-hour stalemate on the House floor, U.S. Lawmakers have officially approved all the three pieces of crypto legislation.

The European Union has sanctioned a network of individuals and entities accused of leveraging digital assets to circumvent sanctions and finance pro-Russian disinformation efforts throughout Europe.

he Crypto week has met with its first massive obstacle after 13 Republican representatives who have retracted their support for the Genius Act, threatening to only sign the bill if the GENIUS Act contained some restrictions on CBDC.

Shanghai is hosting its first secret study session focusing on stablecoins, even as China maintains a national ban on cryptocurrencies.