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Stablecoin Just Hit a Record $252 Billion Market Cap

Congress just passed a landmark stablecoin bill. 5 things to know about the booming corner of crypto.

Congress passed the GENIUS Act this week, boosting the market for stablecoins. Here's what investors need to know about the corner of the crypto market.

Inc.com · 13h

Stablecoin Just Hit a Record $252 Billion Market Cap After the Senate Passed Its Crypto Bill

The cryptocurrency designed to maintain a constant value is up 22 percent so far this year.

Reuters · 14h

Stablecoin adoption by corporates poised to grow after US Senate passes key bill

The U.S. Senate has passed a bill to create a regulatory framework for stablecoins, a once-niche corner of the crypto industry that is gaining traction among global companies.

Circle, Coinbase and Stablecoin

Reuters on MSN · 8h

Circle, Coinbase shares soar as Senate clears path for stablecoin regulation

Shares of stablecoin issuer Circle and crypto exchange Coinbase surged on Wednesday after the U.S. Senate passed a landmark stablecoin bill, boosting hopes of wider adoption for a once-niche part of the crypto sector.

Cointelegraph on MSN · 4h

‘Stablecoin summer’ as Coinbase, Circle surge on stablecoin bill

Coinbase and Circle stock prices surged on Wednesday trading following the US Senate’s approval of the GENIUS Act.

CNBC on MSN · 10h

Circle, Coinbase shares rise after Senate passes stablecoin legislation

CNBC's Tanaya Macheel report on news regarding stablecoin legislation. A day after New York City Comptroller and mayoral candidate Brad Lander was arrested and later released by ICE at a federal facility in lower Manhattan,

9hon MSN

Stablecoin Legislation Will Juice Demand for Treasurys—to a Point

Issuers of digital currencies need Treasury bills for their reserves, but analysts say the consequences are uncertain.

GENIUS Act Sets Stablecoin Rules, Leaves Trump Exemption Intact

The GENIUS Act mandates full reserve backing for stablecoins and opens the door for banks and retailers to issue tokens under ...

38m

Coinbase launches stablecoin payments service for online transactions

Move follows the passage of landmark stablecoin Bill in the US Senate this week. Read more at straitstimes.com. Read more at ...

18hon MSN

Road to a $3.7 Trillion Stablecoin Market Is Full of Obstacles

The passage of stablecoin legislation in the US Senate marks a huge leap forward for the potential mainstreaming of ...

CoinDesk10h

Coinbase Debuts Stablecoin Payment Stack Following Shopify Partnership

With Coinbase Payments, the company aims to offer fast, global USDC transactions for merchants without needing blockchain ...

Coingape3h

Ripple Mints 10 Million RLUSD Amid Stablecoin Bill Progress

Ripple mints 10M RLUSD as stablecoin demand surges, driven by the Genius Act and growing regulatory momentum in digital ...

14h

Yellow Card, Visa Agree to Hasten Stablecoin Adoption in Africa

Yellow Card Financial Inc. and Visa Inc. signed a deal to promote the use of stablecoins for cross-border payments in ...

10hon MSN

Coinbase to deploy USDC stablecoin as collateral in U.S. futures trading

Coinbase Global's (NASDAQ:COIN) derivatives arm has struck a deal to use the USDC (USDC-USD) stablecoin as collateral for U.S ...

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Stablecoin Just Hit a Record $252 Billion Market Cap

Circle, Coinbase and Stablecoin

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