BitGo, a market leader in crypto custody, is launching a new stablecoin called USDS in early 2025. This stablecoin will be pegged to the dollar and backed by short-duration assets...The post BitGo to Launch Reward-Bearing USDS Stablecoin appeared first on The Tech Report.

Pro-crypto Tennesse Republican Senator Bill Hagerty has released a discussion draft bill for stablecoin regulation.The draft legislation aims to provide clarity and includes a comprehensive framework for regulating and supervising...The post Sen Hagerty Releases A Comprehensive and Clear Stablecoin Regulation Draft appeared first on The Tech Report.

The United States has witnessed increased demand for Bitcoin since the launch of spot BTC ETFs in January. These financial products attracted significant interest from investors. However, a recent report...The post Stablecoin Use Drops on US Exchanges as Global Platforms See Surge in 2024 appeared first on The Tech Report.