Worldwide Stablecoin Payment Network (WSPN) has launched a new investment product called W Earn, enabling holders of WUSD to earn interest at a target rate of around 4% […]
KakaoBank Invests in Stablecoin Development: Moving Towards Digital Finance Dominance
South Korea’s leading digital bank, KakaoBank, has officially transitioned from the research phase to active development of its stablecoin project pegged to the Korean Won. They are now […]
South Africa Raises Concerns About Crypto’s Potential for Financial Risk
In a move reflecting growing unease, South Africa’s central bank has flagged cryptocurrency and stablecoins as potential financial risks due to their rapid rise in popularity. The Reserve […]
Klarna Enters Stablecoin Market with Launch of KlarnaUSD
Fintech giant Klarna has made a bold move into the stablecoin market by launching its own US dollar-pegged stablecoin, KlarnaUSD. This launch leverages Stripe’s Open Issuance platform and […]
Stablecoin Transactions Surge Past $50 Trillion, Underscoring Digital Finance’s Growing Importance
In the past year, stablecoin transfers have exceeded $50 trillion, reflecting their increasing adoption in decentralized finance (DeFi) and global remittances. This milestone indicates the crucial role these […]
Klarna Launches Stablecoin on Tempo Blockchain by 2026
Klarna, a leading Swedish fintech company, is set to launch its stablecoin, KlarnaUSD, in 2026, aiming to revolutionize cross-border payments. This move aims to reduce transaction costs by […]
Naver Financial and Dunamu Merge to Launch Stablecoin Wallet in South Korea
Naver Financial and Dunamu, two leading Korean financial companies, are merging to develop a new stablecoin wallet for South Korea. The merger is expected to result in a […]
Paxos Acquires Fordefi to Boost Stablecoin and Tokenization Services
Blockchain infrastructure firm Paxos has acquired Fordefi, a New York-based company providing secure institutional crypto wallets and custody solutions. This strategic move combines Paxos’ regulated platform with Fordefi’s […]
Klarna Launches Stablecoin to Slash Cross-Border Payment Fees
Swedish fintech giant Klarna has launched its stablecoin, KlarnaUSD, aiming to reduce the high costs associated with international payments. By leveraging blockchain technology, KlarnaUSD will enable users and […]
Klarna Launches Stablecoin for Global Payments, Joining Fintech Push into Blockchain
Global fintech company Klarna has launched its own US dollar-linked stablecoin, joining a growing list of players in the race to revolutionize international payments through blockchain technology. The […]
ECB Warns Stablecoins Could Disrupt Global Finance
The European Central Bank (ECB) has issued a warning about the potential risks posed by stablecoins to global financial stability. They highlight that these digital currencies, which are […]
Nigerian Stablecoin Offers Path to Economic Strength: Anchoring Value at Home
Nigeria’s vibrant crypto market showcases the growing power of stablecoins. While dominant foreign-pegged tokens handle billions in cross-border transactions, a new homegrown option, cNGN, promises to strengthen the […]
Bithumb Hit by Unprecedented USDC Flash Spike: A Single Investor’s Massive Order Upends Market
On November 25th, the cryptocurrency exchange Bithumb experienced a dramatic USDC price spike that left the market reeling. A single investor’s massive order of nearly $957,000 executed between […]
Global Stablecoin Market Surges to Record High, Raising Systemic Risks
The stablecoin market has hit a record high of over $280 billion, prompting regulatory concern about the potential for financial instability. Recent analysis indicates that this rapid growth, […]
ECB Assesses Stablecoin Risks: Low Adoption and MiCA Offer Minimal Concern
The European Central Bank (ECB) has concluded that risks associated with stablecoins in the eurozone are currently limited due to low adoption rates and the implementation of regulations […]