GFT’s Christopher Ortiz tells EPI that banks need to get ahead of the GENIUS ACT and decide how they will integrate ...

Stablecoins: Definition, How They Work, and Types. By. ... (R-Wyoming) called for regular audits of stablecoin issuers, while others back bank-like regulations for the sector. In 2024, ...

To maintain this price peg, stablecoins often set up a reserve of a single asset or basket of assets responsible for backing the stablecoin. For example, the reserve of a fiat-backed stablecoin ...

It’s about as vague a definition as you can get. As above, this is a trader thing, and people make a lot of money out of trading. Various stablecoins already exist in a very much smaller pond.

Margaret Butler, Co-leader, Financial Services Industry Team, BakerHostetler, talks about the consequences of new laws and ...

The Senate will be working an abbreviated week with the goal of passing a bipartisan stablecoin regulation bill on Tuesday.

What is a stablecoin and what could it mean for your finances? The crypto tokens could change everyday payments. But they pose risks. By Max Zahn. May 28, 2025, 6:09 AM. 1:35.

GENIUS Act Updates . As discussed in our recent Commentary, "Stablecoin Legislation: A Stroke of GENIUS?," revisions to the Senate's GENIUS Act signal several new areas of focus, including more ...

The Hong Kong government has published a stablecoin bill in the gazette, bringing the proposed regulatory framework one step closer to becoming law. The city seeks to strike a balance between ...

Two of the major stablecoin issuers are El Salvador-based Tether, which issues USDT, and US-based Circle, which issues USDC — and both of these stablecoins are pegged one-to-one to the dollar.

If the Senate can pass the stablecoin bill — still a big if given the propensity for eleventh-hour collapses in crypto negotiations — it will open up a new set of thorny questions for GOP ...