The GENIUS Act, designed to regulate stablecoins in the US, has passed the Senate and is now heading to a debate. It sets clear rules for collateralization and AML compliance, potentially leading to wider institutional adoption of stablecoins. Here’s a breakdown of the bill, its implications, and potential impacts on the crypto market.
Tag: Stablecoin
Yield-Bearing Stablecoins vs. Banks: A Deep Dive into the Looming Financial Disruption
Explore the rising popularity of yield-bearing stablecoins and how they’re causing concern among traditional banks, potentially disrupting established financial models. Learn about the perspectives of experts like NYU Professor Austin Campbell and the SEC’s involvement.
Yield-Bearing Stablecoins Surge to $11 Billion: A Deep Dive into Market Trends and Pendle’s Dominance
Discover the rise of yield-bearing stablecoins to $11 billion, representing 4.5% of the market. Explore Pendle’s leading role, regulatory impacts, and future growth projections in this comprehensive analysis.
Circle Co-founder Launches AI-Native Bank Catena Labs with $18M Funding
Sean Neville, Circle’s co-founder, is spearheading Catena Labs, an AI-native financial institution, securing $18 million in funding to revolutionize how AI agents and humans interact with finance.
Bitcoin Futures Data Suggests New All-Time Highs Possible Despite Economic Concerns
Analysis of Bitcoin futures, stablecoin demand, and global economic factors indicates a potential for new all-time highs despite recent market volatility and concerns over global economic stability.