Search results for Genius Act
Crypto
Stablecoins\' share of local payments rises as cross-border use fades
a16z Crypto feature editor Robert Hackett (로버트 해캣) and partner Jeremy Zhang (제레미 장) wrote on X that stablecoin data now point to stablecoins becoming core financial infrastructure. They said regulation has accelerated growth, with adjusted volume about $4.5 trillion in the first quarter of 2026. They cited changes in transaction patterns and rising velocity, while estimating actual payments at $350 billion to $550 billion last year and noting local transactions rising to about 75% by early 2026.
Crypto
U.S. banking industry asks to delay comment period for follow-up rules under \'GENIUS Act\'
The U.S. banking industry has asked regulators to delay the public comment period for three follow-up rules under the stablecoin regulation known as the \'GENIUS Act\'. CoinDesk reported that U.S. banking groups sent a letter this week to the Treasury Department and the Federal Deposit Insurance Corp, seeking at least 60 additional days for comment after rules tied to the Office of the Comptroller of the Currency are completed.
Crypto
Justin Sun says stablecoins already have a winner and Washington still does not know it
TRON founder Justin Sun said stablecoins have already become a key payment network for global value movement and that the remaining gap is policy catching up to real-world usage. Data cited in the report showed about $86 billion in stablecoins circulating on TRON, with Tether’s USDT accounting for more than 97 percent. TRON processed about $7.9 trillion in USDT transfers in 2025, it said.
-
Crypto
U.S. banking lobby seeks delay to GENIUS Act rollout amid stablecoin rulemaking hurdles
-
Crypto
Five key moments that shook bitcoin on a word from Trump
-
Crypto
U.S. Clarity Act delays release of stablecoin interest language until after next week
-
Crypto
BoE governor says countries must not set stablecoin rules separately, urges faster global standards
-
Crypto
Project Hangang accelerates as Circle eyes South Korea stablecoins
-
Crypto
U.S. moves to ease tax rules for stablecoin payments, PARITY bill amendment unveiled
-
Crypto
U.S. senator may unveil draft compromise on stablecoin interest in CLARITY bill this week
-
Crypto
Circle CEO says USDC unlikely to be used for Strait of Hormuz tolls
-
Crypto
Circle pushes EURC to step up UK push as debate grows over why it gained early lead
-
Crypto
Bessent urges rapid Senate action on CLARITY Act
-
Crypto
Stablecoin transactions could overtake Visa and Mastercard by 2035
-
Crypto
White House says capping stablecoin yields would raise bank lending by only 0.02 percent
-
Crypto
U.S. Treasury pushes transaction monitoring duties for stablecoin issuers, mandates blocking and freezing
-
Crypto
U.S. FDIC proposes stablecoin rules, sets capital and liquidity standards
-
Crypto
Harvard economist says China\'s yuan could rise to reserve currency status within five years