Stablecoin Market | Crypto

Tether has unveiled USA₮ for the U.S., backing a dollar token with transparent reserves, issued via Anchorage Digital and supported by Cantor Fitzgerald, and has named Bo Hines CEO. Stablecoin compliance has been aligned with the GENIUS Act and the token will run on the Hadron platform. The post Tether Shakes Up Stablecoin Market, Unveils New U.S.-Based Rival ‘USAT’ appeared first on Cryptonews.

Goldman Sachs has outlined a stablecoin outlook in which USDC has grown on legislation and partnerships, projecting another $77B by 2027. As the GENIUS Act has set reserve standards, officials have said stablecoins could lift Treasury demand while USDT’s lead faces compliance pressures. The post Goldman Sachs Bombshell: ‘Trillions’ to Flood the Stablecoin Market – Is USDC Set to Explode? appeared first on Cryptonews.