stablecoins | ForkLog

ForkLog 89 20.05.2025

US Senate Advances Bipartisan Stablecoin Regulation Bill

The US Senate has voted to advance the GENIUS Act, a bill aimed at regulating stablecoins. The initiative’s author, Bill Hagerty, announced the development. Tonight, the Senate moved forward on the GENIUS Act. This groundbreaking, bipartisan legislation will bring America’s payment system into the 21st century. The GENIUS Act skyrockets the United States with a […]

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ForkLog 17 20.05.2025

Circle’s Potential Withdrawal from IPO and $5 Billion Sale Rumored

Circle’s IPO may not proceed as the USDC issuer is reportedly in talks with Coinbase and Ripple to sell its business for at least $5 billion, according to sources cited by Fortune. The discussions are taking place as the company prepares to enter the stock market. Earlier in May, media outlets reported Ripple’s attempt to […]

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ForkLog 34 19.05.2025

Experts Clarify New Russian Central Bank Requirements for Digital Assets

The Bank of Russia has approved rules for the admission of foreign digital rights (FDR) to the Russian market. ForkLog sought explanations from experts. According to the new criteria, certain stablecoins may fall under restrictions. Only instruments similar to Russian DFA will be permitted. Assets linked to securities from unfriendly issuers are not allowed. FDR […]

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ForkLog 29 16.05.2025

Fireblocks: Institutional Embrace of Stablecoins Grows

Nine out of ten institutions are planning or already using stablecoins, primarily focusing on cross-border payments, according to Fireblocks. Representatives of the digital asset platform surveyed 295 executives from banks, financial institutions, fintech companies, and payment services. 49% of respondents stated they have added support for stablecoins, 23% are conducting pilot tests, and another 18% […]

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ForkLog 10 14.05.2025

Inca Digital to Monitor America’s First State-Issued Stablecoin

The Wyoming Stable Token Commission has partnered with analytics firm Inca Digital to monitor transactions of the “first state-issued stablecoin,” WYST. We’re partnering with The Wyoming Stable Token Comission to support WYST, the first fully-reserved, fiat-backed stable token issued by a U.S. public entity. We’ll be working with @wyostable to ensure that WYST operates with […]

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ForkLog 29 13.05.2025

Tether’s Market Capitalisation Surpasses $150 Billion

The total value of USDT in circulation has exceeded $150 billion. According to Tether, $73 billion worth of stablecoins have been issued on the TRON network, surpassing Ethereum for the first time. From 0 to $150B.Born in 2014, Tether didn’t just launch USD₮ — it launched the entire stablecoin industry.Today, USD₮ is trusted by 400+ […]

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ForkLog 72 13.05.2025

Charles Hoskinson Announces Private Stablecoin on Cardano

Cardano may soon offer a stablecoin with a level of privacy comparable to cash. This was revealed by the platform’s founder, Charles Hoskinson, during the podcast Conversations with Leaders by eToro. According to him, users do not want “every purchase they make to be tracked by everyone all the time.” The initiative faces resistance from […]

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ForkLog 69 12.05.2025

HTX Embraces USD1 and Prepares for WLFI Launch

On May 6, cryptocurrency exchange HTX added support for the USD stablecoin USD1 from World Liberty Financial, a company affiliated with Donald Trump. Major milestone: USD1 is now officially listed on @HTX_Global. The USD1/USDT pair is live for deposits now.Trading begins tomorrow, and withdrawals open May 7th. Our first major exchange listing—and just the beginning.Let’s […]

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ForkLog 21 12.05.2025

Expert Predicts Rise of ‘Dark Stablecoins’

Stricter regulation and censorship of the crypto industry by governments could lead to a demand for ‘dark stablecoins’, according to CryptoQuant CEO Ki Young Ju. Dark stablecoins are likely to emerge in the future.#Bitcoin was created by the cypherpunk community to be censorship-resistant and belongs to no one, making it impossible to control. Stablecoins, however, […]

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ForkLog 15 10.05.2025

Elizabeth Warren Opposes Stablecoins from Major Corporations

The GENIUS Act requires revision to prevent corporations from “issuing their own money,” stated U.S. Senate Banking Committee member Elizabeth Warren in a comment to CoinDesk. “The Senate must amend GENIUS to prohibit large tech companies and other commercial giants from owning or being affiliated with stablecoin companies,” she noted. The bill failed to pass […]

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ForkLog 35 09.05.2025

Stablecoin Bill Stumbles in Key US Senate Vote

On May 8th, the stablecoin bill (GENIUS Act) failed to pass a crucial procedural vote in the US Senate. This occurred after several Democrats refused to bring the document to the floor of the upper chamber of Congress, reports Decrypt. Among those opposing were Ruben Gallego of Arizona, Mark Warner of Virginia, Lisa Blunt Rochester […]

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ForkLog 36 09.05.2025

Meta Explores Stablecoin Integration

Meta, the parent company of Facebook and WhatsApp, is exploring the integration of stablecoin payments on its platforms. This is reported by Fortune, citing informed sources. According to journalists, the corporation has consulted with several firms related to crypto infrastructure but has not yet decided on further actions. Meta may add support for several tokens, […]

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