Stablecoin

Capitol Hill building, Washington DC (Darren Halstead/Unsplash, modified by CoinDesk)
Stablecoin Bill Could Be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg
Waters has previously called a version of the stablecoin bill “deeply problematic and bad for America."
Capitol Hill building, Washington DC (Darren Halstead/Unsplash, modified by CoinDesk)

(Shubham Dhage/Unsplash)
Number of Stablecoin Holders Nears 100M Mark, Data Show
The number of addresses holding stablecoins has risen 15% this year, according to data source rwa.xyz.
(Shubham Dhage/Unsplash)

Sen. Lummis Addresses Algorithmic Stablecoin Ban in New Bill
Sen. Lummis Addresses Algorithmic Stablecoin Ban in New Bill
Sen. Cynthia Lummis (R-Wyo.) joins "First Mover" to discuss the new bill she introduced with Sen. Kirsten Gillibrand (D-N.Y.) that again aims at providing a regulatory framewo...
Sen. Lummis Addresses Algorithmic Stablecoin Ban in New Bill

What's Stopping Congress From Passing Crypto Regulation?
What's Stopping Congress From Passing Crypto Regulation?
Sen. Cynthia Lummis (R-Wyo.) explains that crypto-related "colossal failures" in the past few years have prevented Congress from moving forward with digital assets regulation....
What's Stopping Congress From Passing Crypto Regulation?

Ethena Labs' keep rate (CryptoQuant)
USDe Holders Should Monitor Ethena's Reserve Fund to Avoid Risk, CryptoQuant Warns
CryptoQuant also said that Ethena's keep rate should remain above 32% in the event of a bear market.
Ethena Labs' keep rate (CryptoQuant)

Usual Labs founding team. (Usual labs)
DeFi Firm Usual Labs Raises $7M Round Led by Kraken Ventures and IOSG Ventures
The firm has received a commitment of $75 million in total value locked for the launch of its stablecoin USD0.
Usual Labs founding team. (Usual labs)

Ethena's total value locked surged 12-fold in 60 days. (DefiLlama)
Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra
"A lot of things can go wrong," in Ethena's yield-generation strategy, said Folkvang CEO Mike van Rossum.
Ethena's total value locked surged 12-fold in 60 days. (DefiLlama)

Key U.S. lawmakers met Thursday to talk about how to advance stablecoin legislation. (Jesse Hamilton/CoinDesk)
Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl
House Financial Services Committee Chairman Patrick McHenry and the panel's ranking Democrat, Maxine Waters, reportedly met with the Senate's majority leader on next steps.
Key U.S. lawmakers met Thursday to talk about how to advance stablecoin legislation. (Jesse Hamilton/CoinDesk)

Sunrise over Victoria Harbor in Hong Kong China cityscape (Unsplash)
Hong Kong-Based First Digital's $3B Stablecoin Arrives to Sui Network in DeFi Push
FDUSD has quickly become the fourth-largest stablecoin since its launch last year under Hong Kong's digital asset regulations, benefitting from crypto exchange giant Binance's...
Sunrise over Victoria Harbor in Hong Kong China cityscape (Unsplash)

Sen. Thom Tillis (R-NC) (Anna Moneymaker/Getty Images)
Republican Sen. Tillis Calls for ‘Light’ Crypto Regulatory Framework Ahead of Presidential Election
Lawmakers on both sides of the aisle urged the need for new crypto laws on Tuesday, as Deputy Treasury Secretary Wally Adeyemo asked for “additional tools” to effectively crac...
Sen. Thom Tillis (R-NC) (Anna Moneymaker/Getty Images)