Local-currency stablecoins are moving from niche experiments to policy-level pilots. The newest proposal: GEL₮ (ticker: GELT), a Georgian lari–denominated token announced by Tether with the Government of Georgia. If it launches as framed, GELT could […]
Key Takeaways Falcon Finance launched fUSD with Anchorage Digital as issuer for institutional use. fUSD targets 3% annual rewards as stablecoin circulation nears $320B globally. Falcon built fUSD around the GENIUS Act as institutions seek […]
TLDR GENIUS Act bars issuers from paying yield, but distributor reward programs remain under debate now. Allaire sees internet-style stablecoin systems creating fair competition with banks, payments firms, and fintech providers. FDIC proposal links stablecoin […]
Congressional attempts to ban cryptocurrency platforms from providing yield, or interest, on stablecoin holdings have so far failed, and will likely continue to fail, as long as they run up against economic logic, writes David […]
Key Takeaways Tether’s USDT supply grew by over $5 billion, reaching approximately $189.7 billion. USDC, USDe, and PYUSD lost a combined $4.2 billion as net stablecoin growth stalls at just 0.3%. Ethena’s USDe is down […]
Key Takeaways Senator Lummis believes the U.S. must immediately pass the CLARITY Act to avoid losing global crypto leadership to China and Europe. China’s digital yuan and Europe’s MiCA framework have given rivals a regulatory […]
Key Takeaways The Senate Banking Committee advanced the CLARITY Act 15-9 on May 14, 2026, despite Warren’s 44 amendments and sharp opposition. Warren warned the 309-page bill would “blow up the economy” and “blow a […]
Key Takeaways Schumer publicly backed crypto legislation, saying Democrats want “a good crypto bill” to pass in 2026. The GENIUS Act passed the Senate 68-30 in 2025, with 18 Democrats voting yes despite Schumer’s earlier […]
Key Takeaways JPMorgan filed with the SEC to launch JLTXX, its 2nd Ethereum tokenized fund, via Kinexys Digital Assets. JLTXX must hold 100% short-term U.S. Treasuries, aligning with GENIUS Act stablecoin reserve rules. Blackrock’s BUIDL […]
Key Takeaways House Ways and Means Committee convenes bipartisan crypto tax session on May 14, alongside the CLARITY Act vote. PARITY Act would defer staking taxes for up to 5 years and eliminate capital gains […]
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