What Are Stablecoins and Why Are Regulators Wary?

What Are Stablecoins and Why Are Regulators Wary?

If you put a dollar bill under your mattress, you know you’ll get a dollar bill back when you go looking for it, and that the paper currency will still be worth $1. A branch of cryptocurrencies called stablecoins has grown up based on the idea that such dependability can be replicated in new ways.

Codex to build stablecoin-only blockchain, disavowing ‘general-purpose’ chains

Blockchain startup Codex has raised $15.8 million to build a layer-2 network specifically for stablecoins, signaling that more builders are rushing to capitalize on the growing industry and regulatory alignment around fiat-backed stable assets. The seed round was led by Dragonfly Capital, with additional participation from Coinbase, Circle, Cumberland Labs, Wintermute Ventures and others, Codex told Fortune. The funding will be used to help Code…

CSBS Flags Key Risks in Draft Stablecoin Legislation

On April 1, the Conference of State Bank Supervisors (CSBS) submitted a letter to the House Financial Services Committee expressing concerns with an introduced draft of H.R. 2392—the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act of 2025 (the “Act”)—which purports to stablish a comprehensive regulatory framework for payment stablecoins in the U.S. In the letter, CSBS expresses support for the development of a…

Bitcoin and stablecoins see increased demand amid lower prices

Investing.com -- Data released by Mercuryo, a global payments infrastructure platform, shows that traders have been increasingly seeking the relative …

3 Reasons for Trusting in Long-Term Bitcoin! In the vast world of cryptocurrencies, Bitcoin continues to stand out as a solid option for long-term investment. This digital currency has caught the attention of experts and beginners alike, offering unique benefits that differentiate it from other forms of investment. Would you like to know why Bitcoin remains a smart bet in the crypt world? Here are three reasons for maintaining confidence in Bitc…

Bitcoin Price Still In Trouble—Why Recovery Remains Elusive - BTCNEWS - Bitcoin and Crypto News

Bitcoin price started a recovery wave from the $81,200 zone. BTC is consolidating losses and facing hurdles near the $83,500 resistance level. Bitcoin started a decent recovery wave above the $82,200 zone. The price is trading below $83,200 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $83,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start ano…