Catenaa, Sunday, March 30, 2025-Custodia Bank and Vantage Bank have introduced Avit, the first US bank-issued stablecoin on a public blockchain, marking a major step in regulated digital payments. The March 25 pilot involved minting, transferring, and redeeming Avit tokens on Ethereum’s ERC-20 standard, demonstrating a fully compliant, bank-backed stablecoin process. Unlike existing stablecoins, Avit […]
Catenaa, Friday, February 21, 2025 – The United States is edging closer to stablecoin regulations, with lawmakers refining key legislative proposals aimed at clarifying the digital asset market. S&P Global Ratings warns that without clear rules, institutional adoption will continue to lag. The full report can be seen here. The stablecoin market has surged from […]
Catenaa, Monday, March 10, 2025-President Donald Trump announced plans to sign stablecoin legislation before August and vowed to end what he called “Operation Choke Point 2.0,” a policy he claims has stifled crypto banking access. Speaking at the White House’s inaugural crypto summit Friday, Trump emphasized his administration’s shift toward a pro-crypto stance, with industry […]