-
Offshore Stablecoin Giants Race to Rebrand Under New U.S. Rules
Washington has finally set down firm rules for the stablecoin market. With the passage of the GENIUS Act, any company offering dollar-pegged tokens to U.S. users must now be issued under American law, backed by cash or Treasuries, and overseen by regulators. That requirement has sent shockwaves through the industry. For years, some of the biggest issuers relied on offshore registrations, opaque structures, and foreign financing to grow. Now, many of those firms are rushing to reinvent themselves as “American.” At the center of this scramble sits Tether. Its token, USDT, dominates the sector with more than $170 ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From invezz.com|Oct 9, 2025Digital currencies weakened on Thursday as assets extended yesterday’s bearish performance. The global crypto market capitalization plunged 2% the past day to $4.16 trillion. ...
From bankunderground.co.uk|Oct 9, 2025Digital currencies and stablecoins have increased interest in how new forms of money are adopted. Looking to three episodes from the 1690s to the First World War, this post ...
From dimsumdaily.hk|Oct 9, 2025The Luxembourg Intergenerational Sovereign Wealth Fund has established a significant financial precedent by becoming the first state-level investment vehicle within the Eurozone ...
-
- Newer Stories
From thestreet.com|Oct 9, 2025The largest U.S. crypto exchange Coinbase (Nasdaq: COIN) and the payments giant Mastercard (NYSE: MA) are in advanced talks to acquire London-based stablecoin firm BVNK, Fortune ...
From etftrends.com|Oct 9, 2025Often pitted against each other, gold and Bitcoin are both benefiting from the effects of the current “debasement trade.” In turn, this creates investment opportunities to capture ...
From financemagnates.com|Oct 9, 2025Bybit, a cryptocurrency exchange, has secured the Virtual Asset Platform Operator License from the Securities and Commodities Authority of the United Arab Emirates. The license ...
