Tether is known as the world's largest stablecoin issuer. Recently, Tether announced USA₮, a proposed U.S.-regulated, dollar-backed stablecoin, and appointed former White House aide Bo Hines to be its ...
Nubank, Latin America’s largest digital bank, is reportedly planning to integrate dollar-pegged stablecoins and credit cards for payments. The move was disclosed by the bank’s vice-chairman and former ...
Key insight: Paxos Labs and Aleo have launched a stablecoin that includes "privacy" for payroll. What's at stake: Other fintechs are also targeting stablecoins for payroll, creating competition.
Western Union (NYSE:WU) is planning to roll out a dollar-backed stablecoin on the Solana (SOL-USD) blockchain next year, aiming to make global money transfers faster and cheaper. WU shares gained 7% ...
As stablecoins gain broader adoption in the U.S., they will eat into banks' deposits. As a result, lending in the U.S. may be increasingly funded by the wholesale capital markets, write Mike Cagney ...
Oct. 16 (UPI) --PayPal's blockchain partner Paxos accidentally minted $300 trillion in stablecoin Wednesday as part of what it called an "internal transfer." The colossal rise in PYUSD stablecoin was ...
Sony Group plans to introduce a U.S. dollar-denominated stablecoin for purchasing games and anime within its digital ...
Coming off a lengthy government shutdown, the Senate is showing bipartisan progress on digital asset market structure legislation, with both ...
NEW YORK--(BUSINESS WIRE)--World Liberty Financial (“WLFI”) announced that USD1, the world’s fastest-growing stablecoin, is now available on Coinbase (NASDAQ: COIN). “Beginning today, countless users ...
Mortgage lending fintech LitFinancial announced on Wednesday the launch of litUSD, a U.S. dollar-backed stablecoin built on the Ethereum blockchain in partnership with Brale and Stably. The company ...
Streamex shares surged over 20% as the company announced a pre-sale for GLDY, a gold-backed stablecoin offering 4% yield and targeting institutional investors. Streamex Corp. saw its stock surge over ...