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Custodia Bank Launches First U.S. Dollar Tokenization

Custodia Bank Launches First U.S. Dollar Tokenization

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This innovative feat was achieved by issuing, transferring, and redeeming Avit™ stablecoins for a bank customer. It created a new U.S. dollar payment rail...
The U.S. Dollar Weakening Can Go on for a Decade

The U.S. Dollar Weakening Can Last a Decade

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Over the last six months, the U.S. dollar has been in a state of free fall. With the spread of the COVID-19 pandemic, the...
A digital dollar is needed

Congressmen Want Fed to Create a Digital U.S. Dollar

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Two senior members of the U.S. House Committee on Financial Services ask the Federal Reserve to develop a digital dollar.  On 30th Sep, a...
ING Backs Euro Stablecoin to Challenge Dollar Dominance

ING Backs Euro Stablecoin to Challenge Dollar Dominance

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This partnership marks a turning point in Europe’s race to catch up. U.S. dollar-pegged stablecoins like USDT and USDC still dominate the market. As the...
VanEck Pushes Bitcoin Bonds to Tackle U.S. Debt

VanEck Pushes Bitcoin Bonds to Tackle U.S. Debt

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The proposal? Let the U.S. government issue bonds backed by Bitcoin to help refinance its massive $14 trillion debt. At the same time, the country...
Tether Builds Decentralized ChatGPT Rival in U.S. Expansion

Tether Builds Decentralized ChatGPT Rival in U.S. Expansion

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Tether is building a decentralized ChatGPT rival, but that's only one piece of its big U.S. expansion plan—and it's also reshaping the stablecoin game...
SEC Rules Dollar-Backed Stablecoins Aren't Securities

SEC Rules Dollar-Backed Stablecoins Aren’t Securities

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This move is seen as a major win for the crypto industry. It has been grappling with regulatory uncertainty over stablecoin classification. For years, the...
Tether Plans New Stablecoin for U.S. Market

Tether Plans New Stablecoin for U.S. Market

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CEO Paolo Ardoino says Tether may launch a new stablecoin instead of adapting USDT to U.S. regulations. This new stablecoin would be built from the...
Tether Becomes 7th Largest Buyer of U.S. Treasuries in 2024

Tether Becomes 7th Largest Buyer of U.S. Treasuries in 2024

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This investment surpassed several countries and secured its place among institutional giants. This significant move into U.S. debt markets from Tether underscores the growing...
Michael Saylor Unveils Crypto Strategy for U.S. Dominance

Michael Saylor Unveils Crypto Strategy for U.S. Dominance

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Saylor presented a new proposal called: "A Digital Assets Strategy for the U.S. to Dominate the 21st Century Global Economy". He said that with...