State of Senate’s Crypto Market Bill: Stablecoins, Trump’s Involvement and DeFi Pain Points Examined

The discussion happening in the Senate about the so-called crypto market structure bill has slowed down as the debate has reached key issues. According to Variant CLO Jake Chervinsky, it is unlikely for this bill to be approved before February.

Stablecoin Adoption Is ‘Exploding’ — Here’s Why Wall Street Is Going All-In

Alchemy co-founder and president Joe Lau said stablecoin adoption is exploding as banks, fintechs and payment platforms push beyond the USDT/USDC exchange era.

Euro Stablecoin Market Cap Doubles in Year After MiCA, Study Finds

Prior to MiCA, euro-denominated stablecoins’ market cap contracted by 48% in the year leading up to June 2024.

Western Union eyes inflation-resistant ‘stable cards’ as part of its stablecoin strategy

Western Union will roll out a “stable card” for high-inflation economies and issue its own coin as part of a multi-pillar stablecoin and digital asset strategy.

‘Stablecoins Are Here To Stay’: IMF Calls For Global Cooperation To Prevent Financial Risks

As stablecoins continue to gain worldwide momentum, the International Monetary Fund (IMF) has called for global cooperation to avert potential macro financial stability risks related to the rapidly growing sector and to turn the industry “into a force for good.