Search results for USD1
Crypto
U.S. CLARITY bill markup on May 14 seen as turning point amid fight over stablecoin rewards and conflicts
The U.S. Senate Banking, Housing and Urban Affairs Committee will hold a markup on May 14 for the CLARITY bill, a crypto market structure measure. A compromise would bar simple interest on stablecoin balances but allow rewards tied to transaction activity, drawing calls for tighter language from banking groups. Democrats want ethics provisions on digital asset conflicts for federal officials in the bill text, while Republicans dispute jurisdiction. The White House rejects targeted ethics language.
AI & Enterprise
BitGo launches institutional stablecoin minting and redemption service
BitGo has launched a service that allows institutional clients to mint, redeem and manage stablecoins and other digital assets, The Block reported on April 2. The service will initially support minting and redemption for World Liberty USD1 and SoFiUSD issued by SoFi Bank. SoFi Bank is an FDIC-insured depository institution regulated by the U.S. Office of the Comptroller of the Currency.
Crypto
Trump\'s World Liberty allows direct access to team for $5 million staking
World Liberty Financial (WLFI), a DeFi project linked to U.S. President Donald Trump’s family, passed a proposal allowing direct engagement with its team through staking worth $5 million, CoinDesk reported on Sunday. WLFI governance token holders approved a three-tier staking system with 99.12 percent in favour. More than 76 percent of voting power came from 10 wallets. A WLFI spokesperson said “direct access” means talks with the business development team, not founders.
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Crypto
World Liberty Financial says it faced coordinated attack targeting USD1 stablecoin
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Crypto
Tech Insight: Who holds stablecoins and how they are used in the $300 billion market
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Crypto
Tether USDT supply posts biggest monthly drop since 2022 FTX collapse
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Crypto
World Liberty Financial to launch forex remittance service
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Crypto
Binance founder Changpeng Zhao says Trump business ties are misunderstanding
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Crypto
OCC chief says to review World Liberty Financial bank charter application
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Crypto
World Liberty Financial teams up with Spacecoin to expand satellite-based DeFi
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Crypto
Trump family increases crypto-related assets by $1.4 billion in a year
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Crypto
World Liberty Financial USD1 growth plan sparks uproar as small number of wallets dominate vote
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Crypto
Pakistan to work with Trump-linked World Liberty to build stablecoin-based cross-border payments
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Crypto
Trump-linked World Liberty Financial expands territory with crypto lending
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Crypto
Trump-linked World Liberty Financial applies for bank charter to expand USD1 stablecoin