Stablecoins: A Tool to Fortify U.S. Dollar Dominance, Says Treasury Secretary Bessent U.S. Treasury Secretary Scott Bessent has made a striking case for stablecoins, asserting they could solidify the global supremacy of the U.S. dollar by becoming massive buyers of government debt like Treasurys. With a landmark Senate bill passing to regulate these digital assets […]
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Peter Schiff Blasts USD Stablecoins as ‘Flawed Fiat’ Amid U.S. Digital Dollar Push Peter Schiff, the gold-obsessed Chief Economist at Euro Pacific Asset Management, has unleashed another salvo against the crypto world, this time slamming USD-pegged stablecoins as mere extensions of a “flawed fiat currency.” With the stablecoin market surging to $251.88 billion and U.S. […]
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Circle Stock Surges 33% with GENIUS Act Passage: Trump Pushes Stablecoin Regulation The U.S. Senate’s passage of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act has ignited a firestorm of activity in the cryptocurrency sector, with Circle, the issuer of USDC, leading the charge as its shares skyrocketed over 33%. Meanwhile, President […]
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Congress Must Revamp Stablecoin Regulation to Avert a Financial Disaster Stablecoins, the cryptocurrencies designed to hold steady value against assets like the U.S. dollar, have surged to a $247 billion market, promising a revolution in global finance with seamless transactions and decentralized innovation. But as Congress forges ahead with the GENIUS Act in the Senate […]
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Banking on Blockchain: Alchemy CTO Foresees Stablecoin Surge After GENIUS Act The U.S. Senate’s passage of the GENIUS Act has cracked open the door for traditional banks to storm into the stablecoin arena, and Alchemy’s CTO, Guillaume Poncin, is betting big on a future where every bank issues its own digital dollar and runs its […]
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Senate Greenlights GENIUS Act for Stablecoins, But House Battle Brews On June 17, 2025, the U.S. Senate made history by passing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act with a decisive 68-30 vote, marking the first time Congress has approved legislation specifically targeting stablecoins and digital assets. This could be a […]
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Can Tether’s Dominance Survive the U.S. Stablecoin Regulatory Storm? Tether, the undisputed titan of stablecoins with 155 billion USDT in circulation, stands at a crossroads as U.S. lawmakers tighten the noose with the groundbreaking GENIUS Act of 2025. Already passed by the Senate with a decisive 68-30 vote, this legislation could either force Tether into […]
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U.S. Senate Passes GENIUS Act: A Game-Changer for Stablecoins or a Regulatory Trap? The U.S. Senate has dropped a bombshell on the crypto world, passing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act of 2025 with a bipartisan vote of 68-30 on June 17, 2025. This historic move—the first major cryptocurrency legislation […]
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Eight U.S. Crypto Groups Back BRCA in CLARITY Act to Shape the Future of Digital Assets Eight heavyweight U.S. cryptocurrency organizations, including Coin Center and the Blockchain Association, have united to support the integration of the Blockchain Regulatory Certainty Act (BRCA) into the updated CLARITY Act. Announced on Monday, this move could be a game-changer […]
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XRP’s 11,200% Surge Hype: GENIUS Act Reality Check and XYZVerse Meme Coin Madness A new U.S. law has crypto Twitter buzzing with claims of an 11,200% price explosion for XRP, while a presale meme coin, XYZVerse, dangles promises of 30x gains. But is there substance behind the speculation, or are we just witnessing another round […]
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