The Senate Banking Committee will consider the nominations of Jonathan Gould to lead to Office of the Comptroller of the Currency, Paul Atkins to lead the Securities and Exchange Commission and Luke Pettit as Assistant Secretary of the Treasury Thursday morning.

The event Wednesday marked the first time Teng has spoken in the U.S. capital since becoming CEO.

The president's son spoke at a panel alongside the co-founders of the Trump-backed World Liberty Financial the day after it launched a new stablecoin.

The stablecoin known as USD1 will be on the ethereum and Binance Smart Chain blockchain networks.

The two financial institutions issued Avit tokens on the Ethereum mainnet, marking a first in the U.S.

Former staffers at Block's crypto unit have launched Stable Sea, a firm that tries to make processing easier.

In an interview with American Banker, Belshe, who leads the world's largest independent cryptocurrency custodian, talked about regulatory changes under the new administration and his hopes for a digital asset market structure.

The cryptocurrency industry is on a roll in Washington and it's not just because of President Donald Trump.

Credit cards offer consumers three things stablecoins currently cannot: interest-free short-term loans, rewards programs and transaction reversibility. Your Visa card is going to remain in your wallet for a long time.

Bank technology firm Fiserv agreed to buy the Netherlands-based company, which sells multichannel processing systems. Also: the FCA looks to lighten contactless checkout limits; Ripple's Garlinghouse said the SEC has dropped a suit against his firm; and more news in the global payments and fintech roundup.