An analyst issues bullish $421 price target for Coinbase’s stock, while Fiserv’s stock moves up as stablecoin products roll out.
Stablecoin
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JPMorgan Chase has filed a trademark application for “JPMD,” which has sparked rumors that it may be preparing to launch a new USD-backed stablecoin, called the J.P. Morgan Dollar. According…
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Key Takeaways Société Générale-Forge plans to launch USD CoinVertible, a US dollar stablecoin, on Ethereum and Solana. BNY Mellon will act as the reserve custodian for USDCV, and trades will…
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Dubai Financial Services Authority (DFSA) has approved Ripple’s stablecoin, RLUSD, as a recognised crypto token for use within the Dubai International Financial Centre (DIFC). Ripple’s Stablecoin (RLUSD) Makes its Way…
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Crypto Currency
Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO says
Tether CEO Paolo Ardoino told Bloomberg on Friday that the company is “open to” creating a separate domestic stablecoin to meet the needs of the U.S. market. The news comes…
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Share this article May 19, 2025 – Geneva, Switzerland – TRON DAO announced today that the total circulating supply of Tether (USDT) on the TRON blockchain has surpassed $75 billion,…
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World Liberty Financial (WLFI), the DeFi project partly owned by the Donald Trump family, has opened a community vote to decide whether to proceed with an airdrop of its new…
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A group of nine Democratic Senators announced that they will withdraw their support for the landmark U.S. stablecoin legislation unless changes are made to the bill. In a joint statement…
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Key Takeaways The GENIUS stablecoin bill seeks to create a regulatory framework for stablecoins in the US. The bill allows federal oversight for issuers with over $10 billion in market…
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Crypto Currency
Bank of America ready to issue a stablecoin if regulations allow, says CEO Brian Moynihan
Key Takeaways Bank of America plans to issue a stablecoin once regulatory clarity is available. The proposed stablecoin would be fully dollar backed and resemble existing financial products. Share this…
