Tag
#stablecoin
Senate Banking schedules May 14 CLARITY Act crypto markup
The Senate Banking Committee will mark up the CLARITY Act on 14 May, the first committee vote on crypto market-structure legislation in 10 months, though an ethics dispute over Trump family crypto holdings threatens the bipartisan coalition.
BlackRock files for tokenized money-market funds on Ethereum, targets stablecoin reserves
BlackRock filed paperwork with the SEC on Friday to issue two new tokenized money-market funds, including an Ethereum-native digital share class of its $6.1bn Select Treasury Based Liquidity Fund. The move pulls the world's largest asset manager deeper into onchain finance.
Coinbase Q1 revenue misses as volume drops, market share hits 8.6% record
Coinbase reported $1.4bn in Q1 revenue, missing consensus of $1.56bn, as crypto trading volumes declined more than 20 per cent quarter-over-quarter. But spot market share hit a record 8.6 per cent and stablecoin revenue rose 55 per cent year-over-year to $305m.
