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Ridesharing giant Uber is in the “study phase” of using stablecoins to help reduce the costs of moving money around the world, says its CEO Dara Khosrowshahi.Khosrowshahi said on stage at the Bloomberg Tech Summit in San Francisco on June 5 that Uber is “definitely going to take a look” at stablecoi…
Improving regulatory clarity in the United States may push Bitcoin past $150,000 during the current market cycle, according to Alice Li, investment partner and head of US at crypto venture capital firm Foresight Ventures.Speaking during Cointelegraph’s Chain Reaction X Spaces show on June 3, Li said…
A stablecoin-regulating bill will soon be on the US Senate floor for debate, and crypto lobbying groups have called on lawmakers to focus on passing the bill, as some senators have flagged possible amendments.The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act could pass…
Palmer Luckey, the co-founder and CEO of the defense-tech firm Anduril, is set to lead fresh financing for the stablecoin startup Atticus, which is currently in stealth mode, Axios reports citing numerous sources. Atticus was founded by Owen Rapaport — who previously launched the digital asset manag…
By Paul R. La MonicaBitcoin is back after a rough patch, surging above $110,000. Yet, some stocks in the digital assets universe aren't all riding the wave as well as others. A notable example is Coinbase and Robinhood.Shares of the two retail brokerage firms are both up this year. But Robinhood has…
By Gina Heeb and Justin BaerThe nation's biggest banks are exploring whether to team up to issue a joint stablecoin, a step intended to fend off escalating competition from the cryptocurrency industry.The conversations have so far involved companies co-owned by JPMorgan Chase, Bank of America, Citig…
Update May 16, 11:24 am UTC: This article has been updated to add comments from Ran Goldi, senior vice president of payments and network at Fireblocks.A report from enterprise-grade digital assets platform Fireblocks shows that 90% of institutional players are using or exploring the use of stablecoi…
Stablecoin regulation is “the next catalyst” for the crypto industry and could lead to unprecedented “appetite from institutional investors,” according to Ash Pampati, head of ecosystem at the Aptos Foundation.In an interview with Cointelegraph at Consensus 2025 in Toronto, Pampati said that “the wh…
U.S. lawmakers are nearing agreement on a Senate stablecoin bill, with one source familiar with the negotiations saying the parties are "90% there" on the terms. Remaining issues center on ethics rules for special government employees, including billionaire Elon Musk, and standards for public compan…
A surprise wave of cash crashed into the crypto world, jolting prices and waking up sidelined investors. In just three weeks, over $35 billion flowed into digital coins. Numbers like that don’t come along every day. It feels like a fresh breeze after a long drought.Analyst’s On-Chain FindingsAccordi…
USD Coin announces that Nikhil Chandhok, сhief Product and technology officer at Circle, will speak on the Circle payments network during the PayFi Summit at Accelerate, organised by Huma Finance and the Solana Foundation, on May 20th in New York.USDC InfoUSD Coin is a leading stablecoin pegged 1:1…
Proponents of a bill to regulate stablecoins in the US Congress will likely take up another vote on the legislation in a matter of days without responding to concerns about President Donald Trump’s financial ties to the cryptocurrency industry.The Guiding and Establishing National Innovation for US …