13 articles tagged
Ripple, Circle, and BitGo secured conditional U.S. national trust bank charters. Hex Trust plans a wrapped XRP launch, and YouTube now allows creators to receive PayPal's PYUSD stablecoin.
A Federal Reserve governor suggests that booming demand for dollar-pegged stablecoins could lower the neutral interest rate, potentially forcing the central bank to cut its policy rate to avoid harmin
David Nandwa launched Honeycoin to bridge blockchain and traditional finance in Africa after a personal payment frustration. The platform now processes over $150 million monthly across 40 markets, aim
Over $19 billion in crypto positions were liquidated in 24 hours, raising serious questions about systemic risk from high-leverage trading and perpetuals.
Digital dollars, known as stablecoins, processed approximately $46 trillion in transactions over the past year, now accounting for 2.3% of global payment flows.
Payments giant Visa suggests stablecoins could help traditional finance tap into the $40 trillion global credit market by moving operations onto the blockchain.
Coinbase and Mastercard are reportedly in advanced talks to acquire BVNK, a UK-based fintech firm specializing in stablecoin infrastructure, for $1.5 billion to $2.5 billion.
The cryptocurrency market shows mixed performance, with Bitcoin and Ethereum seeing slight dips, while Zcash and Litecoin record significant gains amid broader altcoin volatility.
At the Global Fintech Fest in Mumbai, one of the world's largest financial technology events, organizers instructed speakers to avoid discussing cryptocurrency.
Stripe unveiled stablecoin issuance platform Open Issuance and AI commerce tools, integrating digital currencies and artificial intelligence into online transactions.
The Swift international payments network is developing a new blockchain platform with major banks like Bank of America and Citi to compete with the growing stablecoin market.
Amid weakening demand for U.S. bonds, new legislation opens the door for Treasury-backed stablecoins, positioning the Bitcoin network as a potential foundation.
