ChainCatcher news, according to FOX Business reporter Eleanor Terrett, Tether is actively communicating with U.S. lawmakers regarding a regulatory framework for stablecoins. Tether CEO Paolo Ardoino stated that they will actively participate in the legislative process.Currently, there are three stablecoin bills progressing in Congress: the STABLE Act, the GENIUS Act, and the Waters proposal, which require issuers to maintain a 1:1 reserve, only hold highly liquid assets such as U.S. Treasury securities, and undergo monthly audits.As the largest stablecoin issuer with a market share of about 60%, Tether currently holds over $114 billion in short-term Treasury securities. The Republican-controlled Congress plans to complete the legislation by April.

ChainCatcher news, according to official news from Coinbase, the cryptocurrency exchange Coinbase has reached a global partnership with the Aston Martin Aramco team, becoming its exclusive cryptocurrency partner.According to the partnership agreement, the Coinbase brand logo will appear on the head protection device and rear wing endplates of the AMR25 race car, as well as on the racing suits of drivers Fernando Alonso and Lance Stroll.It is worth noting that Coinbase will fully invest in this partnership using the US dollar stablecoin USDC, while also including the Aston Martin Aramco team in the Coinbase Prime client list. This move aims to demonstrate the application potential of stablecoins in the payment sector.

ChainCatcher news, according to official sources, Tether has announced a strategic acquisition of a minority stake in Juventus Football Club, one of the most successful and iconic football clubs in the world. This investment aims to drive Tether's future portfolio into the sports industry.This acquisition is also an important milestone in Tether's goal of integrating stablecoins, digital assets, and human-centric technology into everyday life, and it builds on Tether's previous initiatives in collaboration with professional sports clubs.

ChainCatcher news, according to Cointelegraph, the countries where the Telegram crypto wallet supports zero-fee USDT purchases have exceeded 60, further reducing costs and promoting the adoption of stablecoins.

ChainCatcher news, according to TechBullion, the stablecoin payment service protocol Peanut has completed a $1.5 million Pre-Seed funding round. The raised funds will be used to accelerate Peanut's provision of faster, borderless alternatives to traditional banking services. Currently, the protocol supports over 20 networks and plans to expand to more platforms.

ChainCatcher news, according to Fortune, stablecoin company Plasma has completed a $24 million financing round led by Framework Ventures, with participation from cryptocurrency exchange Bitfinex, renowned venture capitalist Peter Thiel, and Tether CEO Paolo Ardoino.Plasma plans to launch its own blockchain in the coming months. Plasma co-founder Paul Faecks stated that the project is developed based on the Bitcoin blockchain, utilizing a unique consensus mechanism focused on optimizing stablecoin transaction efficiency, and will support DeFi protocols such as Curve, Ethena, and Aave.According to RootData, Plasma is a scalable payment and financial infrastructure on Bitcoin. Plasma is built on a native UTXO foundation, allowing gas fees to be paid with BTC and seamlessly collaborating with existing Bitcoin infrastructure. By leveraging a hybrid UTXO/account architecture, users can unlock new features for holding, staking, and deploying their Bitcoin.

ChainCatcher news, according to The Block, Tether CEO Paolo Ardoino stated that "picky" JPMorgan analysts underestimated the company's $20 billion group equity when analyzing its reserves. He also mentioned that Tether is confident in adapting to U.S. stablecoin regulations.Paolo Ardoino explained, "Even in the most extreme cases, JPMorgan overlooks the fact that Tether Group's equity is worth over $20 billion in other highly liquid assets and generates more than $1.2 billion in profits each quarter through U.S. Treasury bonds."

ChainCatcher news, Tether CEO Paolo Ardoino stated, "The reason why JPMorgan analysts are dissatisfied is that they do not hold Bitcoin."Previously, JPMorgan analysts mentioned that in order to comply with the proposed stablecoin regulations in the U.S., Tether may need to sell some non-compliant assets— including Bitcoin, precious metals, corporate notes, and secured loans.

ChainCatcher news, JPMorgan analysts say that in order to comply with the proposed U.S. stablecoin regulations, Tether may need to sell some non-compliant assets------including Bitcoin, precious metals, corporate notes, and secured loans.The U.S. has proposed two stablecoin bills: the House's "Stablecoin Transparency and Accountability Act" (STABLE Act) and the Senate's "U.S. Stablecoin Innovation and Establishment Act" (GENIUS Act), aimed at regulating stablecoin issuers through licensing requirements, risk management rules, and 1:1 reserve backing.According to the House's STABLE Act, Tether has only 66% of its reserves compliant, while under the Senate's GENIUS Act, the compliant reserve ratio is 83%.

ChainCatcher news, according to Cointelegraph, global payment service giant Mastercard reports that 30% of its transactions will be tokenized by 2024; at the same time, Mastercard also recognizes the ability of stablecoins and other cryptocurrencies to disrupt traditional financial services.In documents submitted to the U.S. Securities and Exchange Commission (SEC), the company stated that it has made significant progress toward achieving its goal of an "innovative payment ecosystem," including transaction tokenization, creating solutions to unlock blockchain-based business models, and simplifying access to digital assets. Mastercard stated that it is collaborating with a range of cryptocurrency participants to enable consumers to purchase cryptocurrencies using credit cards and spend balances at merchants that accept its brand. The company also reported a net income of $28.2 billion for 2024, a 12% increase from the previous year.Mastercard acknowledges that stablecoins and other cryptocurrencies are becoming competitors in the payment industry. The company stated that digital currencies have the potential to "disrupt traditional financial markets" and may challenge its existing products. The company noted that due to the accessibility, immutability, and efficiency of digital assets, stablecoins and cryptocurrencies may become more popular as they are regulated.

According to ChainCatcher news and an article by Bitfinex Securities Operations Director Jesse Knutson, data from Castle Island Ventures shows that in countries like Brazil, Nigeria, Turkey, Indonesia, and India, 69% of cryptocurrency users convert local currency into stablecoins.Jesse points out that compared to traditional methods of obtaining dollars, they are more inclined to use stablecoins due to their higher efficiency, lower likelihood of government intervention, and potential for earning returns.Stablecoins provide users with internet access almost instant access to dollars, with minimal transaction fees, which is particularly important for those facing double-digit or even triple-digit inflation on a daily basis.

ChainCatcher message, Lens Chain tweeted that it plans to use Aave stablecoin GHO as the protocol Gas fee to ensure that transaction costs are predictable, stable, and cost-effective.

ChainCatcher news, Federal Reserve Governor Waller stated that U.S. regulators should directly address the risks of stablecoins, stablecoins will benefit from regulation, and stablecoins may expand the role of the U.S. dollar globally. Allow banks and non-banks to issue stablecoins.

ChainCatcher news, according to Cointelegraph, the market capitalization of stablecoins on the Sui network has reached $500 million, setting a new historical high.

ChainCatcher news, according to The Block, Sky Protocol co-founder Rune Christensen stated that due to the traditional payment systems struggling to keep up with the rapid developments in AI, blockchain, and the Internet of Things, stablecoins may become one of the most effective payment methods in the global economy.He mentioned that the integration of AI and blockchain will become a transformative force, with AI agents seamlessly integrating with Sky Protocol's USDS stablecoin to optimize payments, savings, and financial management. USDS is an upgraded version of DAI, offering an 8.75% savings rate, with AI agents responsible for managing collateral to maintain this rate.Christensen emphasized that AI agents continuously optimize financial strategies through super-rational decision-making, making blockchain stablecoins an ideal choice. He also pointed out that the transparency of AI systems is crucial for users, as AI agents will verify collateral, assess returns, and execute trades based on liquidity conditions, serving as a bridge between traditional finance and blockchain.

ChainCatcher news, according to Jinshi reports, Federal Reserve Chairman Powell stated support for establishing a regulatory framework around stablecoins.

ChainCatcher news, according to The Block, Bank of England Governor Andrew Bailey pointed out that Bitcoin and stablecoins require different regulatory measures, with higher regulatory thresholds for stablecoins. He also confirmed that central bank digital currency is still under research. On Tuesday, Bailey delivered a speech at the Booth School of Business at the University of Chicago in London, discussing changes in financial markets and their impact on stability, while reflecting on potential changes in the global cryptocurrency regulatory environment, especially after Trump's election.Bailey stated that the cryptocurrency regulatory reform plan of the Trump administration is still unclear, while the Biden administration, particularly the Securities and Exchange Commission (SEC), faces challenges in establishing a regulatory framework, opting instead to take action through the courts, which has created inconsistencies in the regulatory framework. In the UK, Bailey divides the cryptocurrency industry into two parts: cryptocurrencies not included in the banking system and stablecoins.He referred to the former as "pure investment risk" due to its high volatility, non-traditional currency status, and skepticism about its potential to become a currency. However, Bailey also mentioned that he understands people invest in cryptocurrencies in a portfolio manner after acknowledging the risks. Regarding stablecoins, Bailey believes they fulfill some functions of money, especially in payments, and have support, but stablecoins also exhibit characteristics of mutual funds, with insufficient transparency. Therefore, Bailey emphasized the need to establish reasonable regulatory standards, particularly in the payments sector, where stablecoins should be appropriately regulated like money.As for the potential central bank digital currency or "digital pound," Bailey stated that there are significant differences from stablecoins, and the Bank of England is collaborating with the UK government on research.