Asset management titan BlackRock is launching a regulatory-compliant fund to support stablecoin reserve demand.
Fed's Michael Barr cautioned that language in the new GENIUS Act could allow BTC to qualify as a permissible reserve asset for stablecoins.
Federal Reserve Governor Michael Barr said strong oversight mechanisms and consumer protections are needed for stablecoins to ...
Despite concerns about this year’s dollar weakness, because nearly all stablecoins are still denominated in dollars, the ...
Fed Governor Michael Barr urges careful rule-writing in implementing the GENIUS Act to boost payment innovations and manage ...
The GENIUS Act’s stablecoin yield ban fuels fintech innovation as exchanges exploit loopholes, threatening traditional banks’ ...
A new report reveals that Solana's stablecoin supply has grown faster than any other blockchain, with a 40% jump since the ...
A dangerous loophole in the GENIUS Act threatens to pull the rug out from under community banks and by extension, the communities that depend on them.
The GENIUS Act will compel banks to work harder to compete for customers, as stablecoins offer a more attractive yield, ...
BlackRock is revamping its money market fund to cater to stablecoin issuers, aligning its strategy with the GENIUS Act.
Wall Street giant BlackRock has retooled one of its money market funds to cater specifically to stablecoin issuers as a ...
Credit cards that pay rewards in cryptocurrencies are nothing new, but the GENIUS Act has opened the door for new incentive ...