Bank of America CEO Brian Moynihan says the bank is ready to launch its own stablecoin once regulations allow it.

A stablecoin is a crypto asset whose issuer represents that the stablecoin will maintain parity with a designated fiat currency or another referenced asset or group of assets. Most global stablecoins ...

He said that if the major stablecoin issuers saw “value to capture” on the blockchains, they would have integrated their stablecoins into the networks. In a statement to Cointelegraph ...

Stablecoin design takes many different forms, each with its own tradeoffs: - Reserve-backed stablecoins: Cryptocurrencies pegged to the value of a fiat currency held in reserve by a company or ...

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A stablecoin is a cryptocurrency (crypto) that is tied to the value of an underlying asset, most often a fiat currency like the US dollar. Stablecoins are designed to limit volatility by ...

Ethena, developer of the synthetic stablecoin USDe, has raised $100 million to finance a similar token targeted at traditional financial (TradFi) institutions, Bloomberg reported on Monday.

But one closely-watched revenue line was down. Stablecoin revenue was about $226 million in the fourth quarter, down from roughly $247 million in the third. The drivers were two-fold: One ...

(Bloomberg) -- Yield-bearing stablecoins have long been on the wish list of many crypto market participants who use the tokens to facilitate billions of dollars in transactions daily. Now US ...

"USDC becomes the first and only global dollar stablecoin to become approved for use in Japan," wrote Circle CEO Jeremy Allaire. In Japan, regulatory changes in 2023 cleared the way for licensed ...

Bill Hagerty (R-Tenn.) and Rep. Maxine Waters (D-Calif.) — unveiled stablecoin bills in their respective chambers of Congress. Each aims to provide a structured regulatory framework for the ...