Ripple’s attempt to acquire stablecoin issuer Circle at a $5 billion valuation was unsuccessful, signaling a shift in the stablecoin market landscape. This rejection highlights Ripple’s strategic focus […]
Baanx & Visa Launch Stablecoin Payment Card With Self-Custody Wallets
Baanx and Visa have partnered to introduce a stablecoin payment card linked to self-custody wallets, initially supporting Circle’s USDC. This card enables users to spend USDC directly from […]
Visa Invests in Stablecoins to Streamline Payments in Latin America
Visa has launched a new stablecoin-focused service aimed at streamlining payments within Latin America, working alongside Bridge, a subsidiary of Stripe. This innovative offering integrates the use of […]
Tether Launches U.S.- Compliant USDT Stablecoin to Meet Regulatory Requirements
Tether Limited Inc. has launched a version of its stablecoin, USDT, compliant with U.S. regulatory requirements. This move aligns Tether’s stablecoin offering with anticipated rules and regulations within […]
Tether Enters US Market: New Stablecoin Launch Planned
Tether is set to launch a new stablecoin product in the United States by year-end or early next year, according to CEO Paul Ardoino. This news came during […]
Ripple’s $5B Bid for Circle Rejected: Implications for Stablecoin Market
Circle has rejected Ripple’s proposed acquisition of $4-5 billion, casting light on the competitive landscape in the stablecoin market. This rejection follows Ripple’s history of acquisitions and its […]
Ripple’s Takeover Bid for Circle Rejected; Focus Shifts to RLUSD Competition
Circle has declined Ripple’s proposed acquisition offer of $4 billion to $5 billion, citing the valuation as too low based on its market capitalization and future potential. Ripple, […]
Global Interest in Non-Dollar Stablecoins Soars as Governments Seek Sovereign Control
The demand for non-dollar stablecoins is growing rapidly worldwide, especially among governments outside the United States, as they seek greater economic autonomy and control over their monetary systems. […]
Zar Secures $7 Million to Launch Rand-Pegged Stablecoin
A $7 million funding round has propelled Zar, a stablecoin startup focused on Africa, closer to its goal of launching a stablecoin pegged to the South African Rand. […]
Visa Deepens Stablecoin Integration with New Product Offering
Visa, a prominent player in digital payments, has announced a new initiative to further integrate stablecoins into its operations. The company leverages its extensive network to facilitate smoother […]
SEC Ends Investigation, PayPal’s Stablecoin Initiative Advances
The U.S. Securities and Exchange Commission (SEC) has concluded its inquiry into PayPal’s PYUSD stablecoin initiative without any penalties. This development brings relief to PayPal as it allows […]
Tether Minting Spree Sparks Concerns Amidst Whale Activity Surge
Recent activity on Tether’s blockchain paints a concerning picture. The stablecoin issuer minted over $3 billion worth of USDT in just two days, primarily on Ethereum and Tron. […]
USD1 Stablecoin Surpasses $1 Billion Market Cap, Driven by BNB Chain Activity
A notable milestone has been reached in the world of digital assets: the Trump-backed USD1 stablecoin has achieved a market capitalization exceeding $1 billion. This achievement, primarily driven […]
Tether Remains Dominant in Stablecoin Market Despite Competition
The stablecoin market is booming, with increased competition driving significant shifts within the crypto space. However, one company stands out: Tether. With a commanding 66% share of the […]
SEC Ends Investigation into PayPal’s PYUSD Stablecoin
The U.S. Securities and Exchange Commission (SEC) has closed its investigation into PayPal’s PYUSD stablecoin, without taking any enforcement action. The agency confirmed the decision in a regulatory […]