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90% of institutions ‘taking action’ on stablecoins: Fireblocks survey

90% of institutions ‘taking action’ on stablecoins: Fireblocks survey

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 'next catalyst' for crypto industry — Aptos head

Stablecoin regulation 'next catalyst' for crypto industry — Aptos head

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…

Negotiations are ‘90% there’ as lawmakers continue talks on Senate stablecoin bill

Negotiations are ‘90% there’ as lawmakers continue talks on Senate stablecoin bill

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…

Analysis: Crypto Heats Up As $35 Billion Enters Market In Under A Month

Analysis: Crypto Heats Up As $35 Billion Enters Market In Under A Month

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 to Participate in PayFi Summit in New York on May 20th

USD Coin to Participate in PayFi Summit in New York on May 20th

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…

What are the next steps for the US stablecoin bill?

What are the next steps for the US stablecoin bill?

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 …

Coinbase invests in Canadian stablecoin issuer

Coinbase invests in Canadian stablecoin issuer

Coinbase has partnered with Canadian stablecoin issuer Stablecorp in a bid to expand access to tokenized Canadian dollars, a company executive told Cointelegraph during the Blockchain Futurist Conference in Toronto.According to Coinbase Canada's CEO, Lucas Matheson, the exchange is investing an undi…

Anchorage Digital buys Mountain Protocol, USDM stablecoin winds down

Anchorage Digital buys Mountain Protocol, USDM stablecoin winds down

Crypto bank Anchorage Digital has expanded its stablecoin offerings with the acquisition of Mountain Protocol, a stablecoin issuer that says it will begin winding down its main stablecoin, Mountain USD (USDM).The acquisition, which is subject to customary closing conditions and regulatory approval, …

Anchorage Digital acquires Mountain Protocol as stablecoin issuer sunsets USDM

Anchorage Digital acquires Mountain Protocol as stablecoin issuer sunsets USDM

Crypto financial services firm Anchorage Digital is expanding into the stablecoin trade with its acquisition of Mountain Protocol, according to an announcement on Monday. The move coincides with Mountain’s decision to “commence the orderly winddown of USDM.”Anchorage CEO Nathan McCauley noted that t…

Global Dollar Network, founded by Paxos, Robinhood and others, adds 19 new members to grow adoption of its Solana-based USDG stablecoin

Global Dollar Network, founded by Paxos, Robinhood and others, adds 19 new members to grow adoption of its Solana-based USDG stablecoin

The Global Dollar Network (GDN), a stablecoin consortium co-founded by Paxos, Robinhood, Kraken, Anchorage Digital, Galaxy Digital, Bullish and Nuvei, has added 19 new members as it pushes to grow adoption of its U.S. dollar-backed stablecoin, USDG.The newest members include crypto exchange BitMart,…

‘Dark stablecoins’ could emerge as regulations tighten

‘Dark stablecoins’ could emerge as regulations tighten

Censorship-resistant “dark stablecoins” could come in increasing demand as governments tighten their oversight of the industry. Stablecoins have been used for various groups to store assets due to a lack of government interference; however, with regulations pending, that could soon change, Ki Young …

Senator Tim Scott slams partisan politics for failed stablecoin bill

Senator Tim Scott slams partisan politics for failed stablecoin bill

Senate Banking Committee Chairman Tim Scott blamed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act’s failure on partisan politics during a Senate speech on May 8.Scott said the vote, which failed to reach cloture in the Senate, was expected to mark a step toward grea…