Move comes after Congress passed new regulations to bring dollar-backed tokens into mainstream markets
Story Tags

Financial Times (Crypto)
Latest news and analysis from Financial Times (Crypto)
Financial Times (Crypto)Move comes after Congress passed new regulations to bring dollar-backed tokens into mainstream markets

Latest news and analysis from Financial Times (Crypto)

In a recent CNBC interview, Jeremy Allaire outlined dollar-priced fees, fast finality, and privacy for Arc, while pointing to rising USDC use in emerging markets.

A Chinese court has jailed five defendants for engaging in illegal USDT transactions, citing the need to protect national financial stability....

The latest data from defillama.com shows the stablecoin market didn’t skip a beat in October, climbing 2.47% even after trimming $1.84 billion in the past week. Tether ( USDT) was the main heavyweight...