Anyone familiar with the cryptocurrency market and Bitcoin as the most valuable token probably knows

World Liberty Financial’s USD1 is the fifth-largest stablecoin by market capitalization at $4.7 billion, while USDT is the market leader,...

The proposal details how banks, nonbanks and foreign issuers could operate stablecoins under U.S. banking supervision.

“They’ve heard the promises of institutional adoption for so long that they no longer register," said Bitwise's Matt Hougan.

Ether, solana, and cardano all outpaced bitcoin on the day, suggesting a rotation into higher-beta tokens as forced selling from...