Key Points USDC is fully backed by cash and cash equivalents with independently verified reserves, making it one of the most ...

On July 22, Western Union CEO Devin McGranahan announced that the payment giant, founded in 1851, is expanding its offerings ...

Stablecoins, a type of cryptocurrency, can potentially cut out traditional money processors like Visa and Mastercard entirely ...

Stablecoins have the potential to drastically alter credit arrangements, payment methods, and the whole international monetary system if handled properly ...

Legislation for the roughly $250 billion stablecoin industry that passed last week doesn't go far enough to protect the ...

Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly ...

"Last I checked, you couldn't spend stablecoin if you wanted to buy a Coca Cola," Western Union CEO Devin McGranahan said.

In June, The Wall Street Journal reported that Walmart and Amazon were considering launching their own stablecoins. Now that ...

Banks fear the tokens could siphon deposits they use to fund loans to companies and consumers.

The financial regulator's cooling note come as it is set to start licensing stablecoin issuers from Aug. 1 after passing a stablecoin bill in May. While 40 firms are set to apply for the regime, the ...

The U.S. economy is being rebuilt for war, and Arthur Hayes says crypto will be footing the bill. Not Bitcoin. Not Ether.

Dollar-backed stablecoins could set up another showdown between the Federal Reserve and Donald Trump’s administration. Firms ...