EU Watchdog Calls for Stablecoin Ban in New Crackdown
An EU financial stability watchdog is pushing to ban certain stablecoins.
An EU financial stability watchdog is pushing to ban certain stablecoins.
Visa is deepening its embrace of digital currency by launching a pilot that uses Circle’s USDC and EURC stablecoins for cross-border business payouts.
Tether, the issuer of the $172 billion USDT stablecoin, is reportedly in talks for a funding round that would redefine its status in the financial world.
The CFTC has officially recognized what crypto advocates have long predicted: the primary use for stablecoins in high finance is as collateral.
LINE is making a major push into digital payments and Web3.
Australia’s ASIC has introduced a four-year exemption for crypto intermediaries distributing stablecoins.
PayPal is making a major bet on a multichain future for its stablecoin.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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