News Explorer — FDIC Chairman Confirms Stablecoin Users Won't Receive US Guarantees

Generated by AI, curated by humans

Mar 11, 4:08 pm

Coindesk

FDIC Chairman Confirms Stablecoin Users Won't Receive US Guarantees

The FDIC Chairman stated that stablecoin users won't have government guarantees under the new U.S. law, banning FDIC insurance for stablecoin holdings. The GENIUS Act prohibits pass-through insurance for payment stablecoins, aiming to differentiate them from bank deposits.

The FDIC Chairman stated that stablecoin users won't have government guarantees under the new U.S. law, banning FDIC insurance for stablecoin holdings. The GENIUS Act prohibits pass-through insurance for payment stablecoins, aiming to differentiate them from bank deposits.

Latest

Mar 17, 9:46 pm

Decrypt

Crypto Gift Card Shop Bitrefill Reports Breach, Suspects North Korea Link

Bitrefill disclosed being targeted in a cyberattack on March 1, originating from a compromised employee laptop and expan... Read Summary

Mar 17, 6:45 pm

Decrypt

Urea Prices Have Spiked Due to Iran Conflict—And Traders Expect More Pain

The closure of the Strait of Hormuz due to the Iran conflict is affecting various commodities, including urea fertilizer... Read Summary

Mar 17, 5:46 pm

Decrypt

PayPal Introduces PYUSD Stablecoin to 70 Markets

PayPal is expanding its stablecoin, PYUSD, to 70 markets globally to offer faster and cheaper cross-border payment optio... Read Summary

Mar 17, 4:02 pm

Decrypt

XRP Overtakes BNB in Market Cap as Ripple Expands Payments in Brazil and Seeks License

XRP has surpassed BNB to become the fourth-largest cryptocurrency by market cap, with a recent price of $1.51. Ripple is... Read Summary

Mar 17, 3:01 pm

Decrypt

World's AgentKit Enables AI Agents to Verify As Unique Humans Online

AgentKit, integrating World ID with x402, allows AI agents to prove they represent unique humans online. The system addr... Read Summary

Mar 17, 2:43 pm

bitcoinmagazine.com

Strategy Is Catching Up to BlackRock's IShares Bitcoin Trust in BTC Holdings

Strategy (MSTR) is rapidly closing the gap with BlackRock’s iShares Bitcoin Trust (IBIT) in Bitcoin holdings, with only... Read Summary

Mar 17, 2:30 pm

Coindesk

DAO Governance Platform Tally Shuts Down as Crypto Regulation Ramps Up

Tally, a key player in on-chain governance for major DAOs, is shutting down after six years due to disappearing demand c... Read Summary

Mar 17, 1:42 pm

Decrypt

Mastercard's Acquisition of BVNK Expands Support for Crypto and Stablecoin Transactions Globally

Mastercard announced its acquisition of stablecoin infrastructure firm BVNK for up to $1.8 billion, enabling end-to-end... Read Summary

Mar 17, 1:03 pm

Protos

Sam Bankman-Fried's Pleas for Trump Pardon Face Bipartisan Rejection

Sam Bankman-Fried's attempts to secure a pardon from President Trump have been met with bipartisan rejection, with membe... Read Summary

Mar 17, 12:49 pm

Coindesk

Citigroup Cuts Bitcoin, Ethereum Price Targets—Here's Why

Citigroup has revised its 12-month price targets for Bitcoin and Ethereum due to slower legislative momentum, softer net... Read Summary

Mar 17, 1:01 pm

Decrypt

Theo Introduces Gold-Linked, Yield-Bearing Stablecoin

Theo has raised $100 million to introduce thUSD, a stablecoin backed by thGOLD, a token tied to gold. The company plans... Read Summary

Mar 17, 12:23 pm

Decrypt

Zcash, Virtuals Lead Altcoin Gains as Bitcoin Rebounds to $75K

Altcoins in the AI and privacy sectors surged following Bitcoin's recovery rally, with Zcash up 17.9% and AI coins like... Read Summary

Mar 17, 11:50 am

Decrypt

Myriad Traders Anticipate Ethereum Hitting $3,000 as ETH Bullishness Grows

Ethereum's price surge is reflected in Myriad traders predicting a potential rise to $3,000 over a drop to $1,500. Marke... Read Summary

Mar 17, 11:00 am

Coindesk

Bitcoin Miner Cango Reports $452 Million Loss Following BTC Sale

Cango reported $688.1 million in revenue and a net loss of $452.8 million for 2025. The company sold 4,451 BTC in February 2026 to reduce debt and fund its move into AI infrastructure. Read Summary

Mar 17, 9:45 am

Coindesk

Bitcoin Posts Eight Straight Days of Gains Despite Macro Volatility

Bitcoin has seen eight consecutive days of gains, with a historical pattern of continued upward movement. This rally coi... Read Summary