The U.S. Senate Banking Committee voted 15–9 to advance the CLARITY Act, signaling progress toward clearer regulation of stablecoins like Tether's USAT, a U.S.-compliant dollar token. USAT aims to serve domestic institutions needing regulated on-chain dollars, distinct from Tether's global USDT stablecoin. Although USAT's market share is currently small, its rapid growth and the potential for regulatory clarity could enable it to gain traction among U.S. banks, fintechs, and corporate treasuries. The future success of USAT depends on securing exchange listings, banking partnerships, and compliance with evolving rules, as well as overcoming liquidity and operational challenges.
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
