Fidelity launches FIDD Stablecoin on Ethereum with $59M initial supply
Fidelity Digital Assets has launched its native stablecoin, FIDD, on the Ethereum blockchain with an initial supply exceeding $59 million. …
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Coinbase may reduce support as CLARITY Act targets stablecoin rewards
Coinbase warns lawmakers over stablecoin reward restrictions in CLARITY Act, highlighting $247M revenue and seeking banking charter for yields.
Jupiter exchange rolls out JupUSD stablecoin on Solana network
Jupiter launches its JupUSD stablecoin on Solana with Ethena Labs, boosting liquidity, lending, and perps trading amid rising stablecoin demand.
US banks cleared to issue stablecoins under GENIUS Act framework
US banks move closer to issuing stablecoins after the FDIC approved GENIUS Act rules outlining applications, audits, and reserve backing.
PYUSD stablecoin issuer PayPal pushes for state-chartered bank approval
PYUSD issuer PayPal seeks a Utah bank license to strengthen stablecoin operations, offer lending, and deepen regulated banking access in the US.
Circle secures FSP license from ADGM for regulated USDC services in UAE
Circle has secured full regulatory access to the United Arab Emirates following its approval to operate inside the Abu Dhabi…