Mastercard’s sandbox program has partnered with Kima, a decentralized settlement protocol, to enable users to top up prepaid cards with USDC and USDT. This partnership eliminates intermediaries in crypto-to-fiat transactions, which supports Mastercard’s plan to onboard digital assets into mainstream finance. The partnership makes it easy for crypto users to add money to prepaid cards […]
Stablecoin Legislation
Senate Halts Landmark Stablecoin Regulation Bill as Tensions Over Trump Crypto Ties Escalate
The U.S. Senate rejected the move to advance the GENIUS Act, a bill that would regulate the stablecoin market. The bill, which intended to establish a framework for the $246 billion industry, failed to acquire the 60-vote threshold to move forward after senators voted 48-49. This is a major blow to crypto regulation efforts amid […]
Trump Calls for Congress to Pass Stablecoin Legislation to Strengthen U.S. Dollar
President Trump urges Congress to pass stablecoin legislation, emphasizing its role in enhancing U.S. dollar dominance and boosting economic growth.
Stablecoin Legislation Takes Focus in First Digital Assets Hearing, Senator Lummis Shares Insights
Senator Cynthia Lummis leads the Senate Banking Committee’s first digital assets hearing, prioritizing stablecoin legislation and addressing key regulatory challenges.