Sen. Elizabeth Warren calls crypto the ‘new shadow bank‘
The Massachusetts senator said that it’s “worth considering” banning U.S. banks from holding the reserves to back private stablecoins.
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Centre Consortium Working to Create ‘Global Network’ of Stablecoins
Centre, the consortium created by Circle and Coinbase around USD coin (USDC), has assembled a team of new executives to power its expansion overseas. The new team, comprising six new…
Brands must tokenize their loyalty and rewards programs
Branded stablecoins will revolutionize reward points in the same way nonfungible tokens are revolutionizing ownership.
Altcoin Roundup: Layer-one protocols chip away at Ethereum’s dominance.
Layer-one projects register a steady inflow of new users as the cost of using the Ethereum network gives projects like Avalanche and Cardano room to gain a foothold in the…
USDC to consolidate reserves into cash and US treasuries
Coinbase president Emilie Choi expects USDC’s updated reserves policy to be in full effect by September.
Stablecoin adoption and the future of financial inclusion
With the proper regulation, stablecoins could potentially fulfill their promise and enable more funds to reach those in greatest need.
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