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 ...

Stablecoin issuer Tether expects 2025 to mark another record year for profitability, underscoring the company’s powerful business model as global adoption of digital dollars continues to accelerate.

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 ...

WASHINGTON — Groups representing bankers in Washington are pushing back against a provision in the stablecoin bill that they say opens up loopholes for stablecoins to offer de facto interest. Bank ...

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% ...

Solowin Holdings (SWIN), a publicly-traded investment holding firm, has announced it completed a $350 million acquisition of stablecoin infrastructure provider AlloyX, integrating its talent and ...

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 ...

Citigroup could become one of Wall Street’s first major banks to offer stablecoin payment services, marking a potential milestone in the broader adoption of tokenized dollars following the passage of ...

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 ...

Circle, Google Cloud, and Stripe are all planning to launch stablecoin blockchains soon. That could divert some of the capital that would otherwise flow to XRP's chain. It could also mean that XRP is ...