🚨JUST IN: BRAZIL MOVES TO MAKE ALGORITHMIC STABLECOINS ILLEGALBrazil's congressional committee has approved Bill 4.308/2024 which would see algorithmic stablecoins entirely banned from the country.It would see assets like @ethena's $USDe and @fraxfinance's $FRAX prohibited.Major stablecoins like @Tether's $USDT and @Circle's $USDC would likely be fine, given their assets are fully-backed with reserves. ...

Brazil moves closer to banning algorithmic stablecoins as a congressional committee approved Bill 4,308/2024, requiring all stablecoins to be fully backed by segregated reserves and prohibiting unbacked models such as Ethena’s USDe and Frax. The bill introduces criminal penalties of up to eight years in prison for issuing unbacked stablecoins and places compliance and risk-management obligations on exchanges offering foreign stablecoins like USDT and USDC. https://t.co/lsXsPuXlop ...

RT Wendy O (@CryptoWendyO)Dems are pushing back on crypto market structure because of the Trump crypto family business.This is a valid concern and can be handled when they ban ALL public servants from investing etc.I think the bigger issue is the yield on stablecoinsSee who is getting $$$ from who https://t.co/QeamzNyxP9 ...

RT Henri Arslanian (@HenriArslanian)Heath Tarbert, President of @circle, on the growing tension between crypto yield and traditional banks, the GENIUS Act and the rise of stablecoins in emerging markets.The full interview is also available on my YouTube and podcast platforms.YouTube: https://t.co/cgqWs3GngySpotify: https://t.co/5n5d7Xla5PApple: https://t.co/hOhVYDWTLIPowered by @phoenixgroupuae ...

Humanitarian aid shouldn’t move at the speed of legacy finance.With regulated stablecoins like @USDC, aid disbursement is shifting from weeks to minutes, helping humanitarian organizations reach people faster, with greater transparency and accountability.From emergency relief to long-term support, this is what happens when financial infrastructure is built for real-world impact.Read Beyond Stablecoins: The Rise of the Internet Financial System: https://t.co/3R0cSGsJJb ...

🚨JUST IN: TETHER & CIRCLE MINT $3 BILLION STABLECOINS IN 3 DAYSPer lookonchain, @tether and @circle have collectively minted a staggering $3 billion worth of stablecoins in $USDT and $USDC respectively. https://t.co/kUMEK7Dc5G ...

Tether just minted 1B $USDT.Over the past 3 days, #Tether and #Circle have minted a total of $3B in stablecoins.https://t.co/kQwwZZJaDE https://t.co/hPcf2HyK7w ...

RT Sarah Wynn (@ForTheWynn_)💵 Tuned in to today's House Financial Services Committee hearing where Treasury Secretary Scott Bessent is testifying. When asked about the implementation of the GENIUS Act (stablecoin law passed last year), he said that stablecoins could be "an important feature of financing the U.S. government."We are moving with deliberate speed to round out the House and the Senate's intention on that," he added. ...

Watch full interview with @stabledash: https://t.co/c1WFiBJCKhStabledash (@stabledash):We sat down with @Matt_Hougan at Breakpoint to talk about what happens when Wall Street finally starts to pay attention to stablecoins.Almost no one in traditional finance cared until the GENIUS Act. Now the Treasury Secretary is projecting a market repricing to $3.7 trillion. https://t.co/Io3ZTacqXH ...

LATEST: 📊 Euro-pegged stablecoins could explode 1,600x to €1.1 trillion by 2030 as 11 European banks prepare to launch a joint euro stablecoin in late 2026, according to S&P Global Ratings. https://t.co/aO5faRR287 ...