Peter Schiff’s Golden Crypto Gambit: Launching a Gold-Backed Token While Slamming USD Stablecoins Peter Schiff, the unapologetic gold evangelist and Bitcoin detractor, has tossed a grenade into the crypto arena by announcing plans to launch his own gold-backed token, all while tearing into U.S. dollar-pegged stablecoins with the ferocity of a bear market. Famous for […]
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Wyoming’s WYST Stablecoin: A Bold Leap with Aptos and Sei at the Helm Wyoming is carving its name into the annals of digital finance history with the launch of WYST, the first U.S. state-backed stablecoin, pegged 1:1 to the USD. In a move that’s turned heads, the Wyoming Stable Token Commission has tapped Aptos and […]
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Justin Sun and Bo Hines Join Forces: Can Tron Shape US Crypto Leadership? Justin Sun, the polarizing founder of Tron, recently held a high-stakes meeting with Bo Hines, the White House’s Executive Director of the President’s Council of Advisers on Digital Assets. Their discussion zeroed in on how Tron’s blockchain technology could bolster US dominance […]
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Stablecoins: A Tool to Fortify U.S. Dollar Dominance, Says Treasury Secretary Bessent U.S. Treasury Secretary Scott Bessent has made a striking case for stablecoins, asserting they could solidify the global supremacy of the U.S. dollar by becoming massive buyers of government debt like Treasurys. With a landmark Senate bill passing to regulate these digital assets […]
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Peter Schiff Blasts USD Stablecoins as ‘Flawed Fiat’ Amid U.S. Digital Dollar Push Peter Schiff, the gold-obsessed Chief Economist at Euro Pacific Asset Management, has unleashed another salvo against the crypto world, this time slamming USD-pegged stablecoins as mere extensions of a “flawed fiat currency.” With the stablecoin market surging to $251.88 billion and U.S. […]
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Circle Stock Surges 33% with GENIUS Act Passage: Trump Pushes Stablecoin Regulation The U.S. Senate’s passage of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act has ignited a firestorm of activity in the cryptocurrency sector, with Circle, the issuer of USDC, leading the charge as its shares skyrocketed over 33%. Meanwhile, President […]
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Congress Must Revamp Stablecoin Regulation to Avert a Financial Disaster Stablecoins, the cryptocurrencies designed to hold steady value against assets like the U.S. dollar, have surged to a $247 billion market, promising a revolution in global finance with seamless transactions and decentralized innovation. But as Congress forges ahead with the GENIUS Act in the Senate […]
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Banking on Blockchain: Alchemy CTO Foresees Stablecoin Surge After GENIUS Act The U.S. Senate’s passage of the GENIUS Act has cracked open the door for traditional banks to storm into the stablecoin arena, and Alchemy’s CTO, Guillaume Poncin, is betting big on a future where every bank issues its own digital dollar and runs its […]
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Senate Greenlights GENIUS Act for Stablecoins, But House Battle Brews On June 17, 2025, the U.S. Senate made history by passing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act with a decisive 68-30 vote, marking the first time Congress has approved legislation specifically targeting stablecoins and digital assets. This could be a […]
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Can Tether’s Dominance Survive the U.S. Stablecoin Regulatory Storm? Tether, the undisputed titan of stablecoins with 155 billion USDT in circulation, stands at a crossroads as U.S. lawmakers tighten the noose with the groundbreaking GENIUS Act of 2025. Already passed by the Senate with a decisive 68-30 vote, this legislation could either force Tether into […]
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