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The test aims to evaluate the PHPC stablecoin’s real-world performance, its impact on the local fiat ecosystem, and its potential uses, including payments, trading and DeFi applications.

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Crypto markets prepare for Fed rate cut amid governor shakeup

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Crypto markets prepare for Fed rate cut amid governor shakeup

Crypto markets prepare for Fed rate cut amid governor shakeup

The US Federal Reserve is expected to cut rates, which could prove a bullish signal for crypto markets.

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Coinbase says stablecoins not draining bank deposits, calls it a ‘myth’

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Coinbase says stablecoins not draining bank deposits, calls it a ‘myth’

Coinbase says stablecoins not draining bank deposits, calls it a ‘myth’

Coinbase rejected claims that stablecoins drain US bank deposits, arguing most activity happens overseas and boosts the US dollar’s global strength.

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US lawmakers tap Saylor, Lee to advance Bitcoin reserve bill

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US lawmakers tap Saylor, Lee to advance Bitcoin reserve bill

US lawmakers tap Saylor, Lee to advance Bitcoin reserve bill

Strategy’s Michael Saylor and BitMine’s Tom Lee are among 18 industry leaders who will look at ways to pass the BITCOIN Act and enable budget-neutral ways to buy Bitcoin.

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