Latest News
FDIC Chair Travis Hill Warns GENIUS Stablecoin Rules Leave No Path to Deposit Insurance
FDIC chair Travis Hill says GENIUS stablecoin rules allow no FDIC deposit insurance, even pass-through, urging firms to stop implying coverage for users.
Tether and Anchorage Hire Deloitte for First USAT Stablecoin Reserve Attestation
Tether and Anchorage tapped Deloitte for the first USAT stablecoin reserve attestation, reporting ~$17.6M backing the token supply for institutional users.
Crypto News Summary February 24
Bitcoin $66.3K, Ethereum $1,920 as forced selling hits; Solana $27M treasury hack, Binance liquidity cools; watch BTC mid-$65K. US policy signals shift.
Binance Stablecoin Reserves Drop 19% Since November as Exchange Liquidity Cools
On-chain data shows Binance stablecoin reserves down 19% (~$10B) since November, back to October levels, signaling cooler liquidity and risk appetite on exchanges.
Standard Chartered Forecast: Stablecoins to Hold $1 Trillion in U.S. T-Bills by 2028
Standard Chartered says stablecoin issuers may hold $1T in U.S. T-bills by 2028, making them Treasury buyers as crypto prices dip and shifting reserve demand.
ProShares Launches IQMM, a GENIUS Act–Aligned Money Market ETF Built for Stablecoin Reserve Managers
ProShares launches IQMM, a GENIUS Act-aligned money market ETF for stablecoin reserve managers seeking yield, liquidity and cash-like reserves under US rules.