Browsing: stablecoin

Banks have been concerned about stablecoin issuers coming for their deposits, but the growing popularity of the digital asset could have wider implications, including a reduction…

WASHINGTON — Bankers and consumer protection advocates joined in opposing a provision of the stablecoin law that would make it easier for Special Purpose Depository Institutions…

Concept showing of cryptocurrency payment – Hands paying buy placing on swiping payment machineAdobe Stock WASHINGTON — Groups representing bankers in Washington are pushing back against…

Bank technology giant Fiserv jumped on the stablecoin train quickly, announcing plans to issue its own coin before the enabling Genius Act was signed into law.…

Stablecoin Stock Market Cryptocurrency Trading Prices Investment 3d IllustrationiQoncept – stock.adobe.com A large number of bankers are exploring whether to create stablecoins or deposit tokens with…

Bank technology provider Fidelity National Information Services Inc. is partnering with Circle Internet Group Inc. to offer financial institutions the ability to conduct transactions using Circle’s…

President Donald Trump signs the GENIUS Act during a ceremony in the East Room of the White House in Washington on July 18. Bloomberg News  WASHINGTON…

President Donald Trump arrives for a signing ceremony for the GENIUS Act in the East Room of the White House in Washington on Friday. Bloomberg News…

UPDATE: This story include comments from an interview with Fifth Third CFO Bryan Preston.Fifth Third Bancorp is ready for the massive stablecoin market to become more…

The past few months have seen a stablecoin mania of sorts, as dozens of banks and non-banks have floated the idea of issuing their own coin.…