Fireblocks has expanded its institutional offering by buying TRES, a crypto accounting and tax compliance platform, as it looks to keep up with the use of stablecoins.
Pro-crypto lawyer John Deaton argued that banning yield on stablecoins would incentivize the use of China’s interest-bearing digital yuan, hurting the US dollar.
Wyoming’s Frontier Stable Token (FRNT) is “the first fiat-backed, fully-reserved stable token” to be issued by a US public entity, says state Governor Mark Gordon.
Stablecoins are emerging as critical infrastructure across both decentralized and traditional financial applications worldwide.
The Trump family’s World Liberty Financial filed for a banking charter to gain greater control over its USD1 stablecoin and expand its adoption among institutions.
The Digital Chamber will facilitate engagement with representatives from several digital asset companies in Washington, D.C., on Thursday, ahead of a markup on a major crypto bill.
