Republican Senator Bill Hagerty introduced the Guiding and Establishing National Innovation in U.S. Stablecoins (GENIUS) Act on Tuesday, a bill aimed at creating a regulatory framework for stablecoins in the United States. The legislation is part of a broader push among lawmakers to establish clear guidelines for digital assets as the market continues to expand. […]
Recent data reveals the stablecoin sector has grown by an additional $ 14.429 billion in value since Jan. 1, signaling renewed momentum in digital asset markets. Leading this upward trajectory, the dollar-pegged sky dollar (USDS) experienced a 116% growth spurt during the same period, outpacing its peers in the top ten pack to claim …
Crypto exchange Kraken said it will delist five stablecoins, including USDT, for users in the European Economic Area. Describing the move as a difficult decision, Kraken said the changes ultimately ensure its compliance and ability to provide an exceptional trading experience to European clients long term. The exchange said it will halt all spot trading […]
According to Defillama’s most recent data, the stablecoin economy surpassed $ 215 billion as of Jan. 24, 2025. Notably, billions worth of these stablecoins were issued on the Solana blockchain. Solana Stablecoin Growth Shines Amid $ 215 Billion Market Boom The growth of the stablecoin economy shows no signs of slowing down, with …
The direct demand created for U.S. debt by stablecoins could grow exponentially in 2025. Stablecoins Can Leverage U.S. Debt for Massive Growth An analysis by OKG Research predicts that stablecoins such as USDT and USDC will directly increase the demand for U.S. debt in 2025. It is anticipated that the market value of stablecoins will […]