Tether has made two significant moves aimed at deepening its presence within the U.S. market. The company has launched USA₮, a new stablecoin regulated in accordance with U.S. […]
U.S. Banks Extend Tokenized Deposit Network Across Nation
Custodia Bank and Vantage Bank Texas are extending their pilot program of a tokenized deposit real-time network nationwide, according to PANews. This system enables U.S. banks to seamlessly […]
Aave Labs Acquires Stable Finance: Boosting DeFi Through Innovation
Aave Labs has announced the acquisition of Stable Finance, marking a strategic move to bolster its offerings in the decentralized finance (DeFi) sector. This strategic alliance aims to […]
Morph Expands: High-Performance Blockchain Network Rebrands as Global Stablecoin Settlement Layer
Morph, a high-performance Ethereum Layer 2 network, has undergone a significant rebranding to reflect its evolution into a dedicated stablecoin settlement layer designed for global payments. The company […]
CLPS Incorporation Launches Web3 Platform with Stablecoin Credit Card Integration in Hong Kong
CLPS Incorporation has officially launched a new Web3 platform in Hong Kong, integrating stablecoins into its credit card system. This innovative move, made through the subsidiary Qinson Credit […]
Burkina Faso Embarks on Sovereign Digital Revolution with Gold-Backed Stablecoin
In a groundbreaking move towards economic empowerment and innovation, Burkina Faso has formally launched a stablecoin backed by its vast gold reserves. This landmark initiative, executed in collaboration […]
Africa’s Financial Revolution: How Stablecoins are Reshaping Payments
Rising inflation and currency fluctuations in Africa are driving the adoption of stablecoins, digital currencies pegged to the US dollar, as a faster and more reliable alternative for […]
Tether Forecasts $15 Billion Profit: A Look at Stablecoin Success
Tether, a leading issuer of stablecoins, has unveiled a remarkable profit forecast for 2023. The company projects a staggering net profit of $15 billion, accompanied by an impressive […]
Zelle Aims for Global Expansion with Stablecoin Integration
Zelle, the popular US-based money transfer service, is taking a bold step towards global expansion by exploring the use of stablecoins for international payments. This move marks a […]
Zelle to Launch Global Payments with Stablecoin Integration
Zelle, the popular US-based peer-to-peer payment platform, is set for global expansion through the integration of stablecoins. This strategic move aims to accelerate cross-border transactions and revolutionize international […]
Stablecoin Campaign Raises Concerns Over Front-Running and Market Disruptions
Stable’s pre-deposit campaign for its stablecoin reached $825 million in just a few hours, igniting controversy over potential insider information and front-running allegations. These claims are supported by […]
Clearpool’s PayFi: A New Era of Stablecoin Payments
The global financial system is ripe for disruption. Billions are trapped in old-school payment corridors, collecting dust while technology evolves at breakneck speed. Enter Clearpool, a pioneer reshaping […]
Stripe Partners with JPMorgan to Revolutionize Payment Tech Using AI and Stablecoins
Stripe, a leading payments company, is partnering with JPMorgan Chase to enhance payment processing capabilities using artificial intelligence (AI) and stablecoins. This strategic collaboration aims to unlock a […]
On-Chain Dollars Reach 2.3% of Global Payments: A Transformative Shift in Finance
A recent study has revealed a significant shift in global payment infrastructure. On-chain dollars, primarily facilitated by stablecoins like USDC and USDT, now account for around 2.3% of […]
Limited Participation in Stablecoin Blockchain Deposit Activities
A recent analysis by BlockBeats reveals that only 274 addresses participated in the $825 million allocation of stablecoins, representing limited participation levels. Notably, a substantial portion, amounting to […]