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 ...
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% ...
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.
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 ...
Coming off a lengthy government shutdown, the Senate is showing bipartisan progress on digital asset market structure legislation, with both ...
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 ...
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 ...
Stablecoin adoption among retail users has set new records this year, with transaction volumes through August already exceeding last year’s total, a fresh report by CEX.io said. Retail-sized transfers ...
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 ...
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