A stablecoin launched by Donald Trump's World Liberty Financial crypto venture is being used by an Abu Dhabi investment firm for its $2 billion investment in crypto exchange Binance, one of World ...

Three major Abu Dhabi entities, including a sovereign wealth fund, plan to launch a stablecoin fully regulated by the central bank of the United Arab Emirates and backed by the dirham, a move that ...

Stablecoins are a type of digital currency backed by another form of currency, like the U.S. dollar or a commodity like gold.

A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin. Abu Dhabi’s sovereign wealth fund ADQ ...

It advanced out of the Senate Banking Committee in March with bipartisan backing, but bled Democratic support weeks later ...

USD1’s role in the Binance deal could give it a significant boost in the stablecoin market. A $2 billion investment deal between Abu Dhabi-based tech investor MGX and Binance is grabbing ...

DT Marks DEFI LLC, a company linked to U.S. President Donald Trump and his family, has reduced its stake in World Liberty Financial (WLF), a leading decentraliz ...

Donald Trump Jr. framed stablecoins as a tool for reinforcing U.S. dollar dominance, calling them “the savior of dollar hegemony, not a detractor of it.” ...

The US Senate has passed the GENIUS Act in a 68–30 vote, marking the first major federal move to regulate stablecoins.

The landmark legislation triggered significant market reactions, with Coinbase Global (NASDAQ: COIN) surging 10.57% to $280.67 and Circle Internet Group (NASDAQ: CRCL) experiencing an extraordinary 18 ...

World Liberty Financial unveiled USD1 stablecoin in March To be used for $2 bln MGX investment in Binance, WLF co-founder says Use highlights World Liberty's growing clout in crypto industry May 1 ...