Citigroup CEO backs Clarity Act but warns stablecoin rewards could hurt banks

Citigroup CEO Jane Fraser has backed passage of the CLARITY Act while continuing to push for changes to its stablecoin reward rules, keeping the banking industry’s main concern with the crypto bill alive ahead of a Senate procedural vote expected…

Read Also

Ethena takes USDe basis trade into tokenized US equities

Ethena has added tokenized U.S. equities and equity perpetual futures to the basis trading strategy used for part of USDe’s

XRP could lose some payment flows to stablecoins, Ripple CEO says

Ripple CEO Brad Garlinghouse says XRP may suit some cross-border payments, while stablecoins can be a better fit for other

Billions in Bitcoin options expired today. What actually changed hands?

Bitcoin’s September 25 quarterly options expiry has put an enormous open-interest figure beside a much smaller and less visible question:

Content