Bank of America Signals Interest in Dollar-Pegged Stablecoin

February 28, 2025

Catenaa, Friday, February 28, 2025-Bank of America is considering launching a stablecoin tied to the US dollar, CEO Brian Moynihan said Tuesday, contingent on regulatory approval. Speaking at the Economic Club of Washington, DC, Moynihan acknowledged the growing role of stablecoins in the financial sector. “It’s pretty clear there’s going to be a stablecoin,” he […]

Senate Banking Committee to Vote on GENIUS Act for Stablecoin Regulation Tomorrow

March 12, 2025

Catenaa, Wednesdy, March 12, 2025-The US Senate Banking Committee is set to vote this week on a bipartisan stablecoin regulation bill, the GENIUS Act, which aims to enhance consumer protection and clarify the regulatory framework for stablecoins.Introduced by Senators Bill Hagerty (R-TN) and Tim Scott (R-SC), the bill includes provisions on reserve requirements, audits, transparency, […]

Tether Co-Founder to Launch Yield-Bearing Stablecoin USP

March 2, 2025

Catenaa, Saturday, March 01, 2025-Tether co-founder Reeve Collins is set to launch a new stablecoin, USP, on Ethereum and Solana in late 2025, aiming to challenge market leaders Tether and Circle with a yield-bearing alternative.  USP will be backed by real-world assets, including Treasuries and money-market funds, and will generate returns for minters through a […]