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 […]
SEC Resolves 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 SEC notified PayPal of the conclusion in […]
Mastercard and MetaMask Partner for New Stablecoin Payment Card
Mastercard is set to launch a revolutionary metal payment card this summer (2025) in collaboration with MetaMask. This innovative card will allow users to seamlessly spend directly from […]
Stablecoin Legislation to Face Full Senate Vote in May
A major step toward regulating stablecoins is coming in May: The full Senate will vote on the legislation, according to Politico. This comes after the Senate Banking Committee […]
US Senate Approaching Vote on Stablecoin Regulation Act
The US Senate is set to vote on the GENIUS Act, a crucial piece of legislation aimed at regulating stablecoins, by May 26, 2025. This vote will impact […]
Tether Co-Founder: Stablecoin Competition Rises as Trump-Backed Projects Emerge
The stablecoin landscape is undergoing a significant transformation as new asset backing mechanisms emerge, challenging the US dollar’s longstanding dominance. Reeve Collins, co-founder of Tether, highlights this shift […]
Abu Dhabi Embarks on Stablecoin Project to Bolster Blockchain Leadership
Three major institutions from Abu Dhabi, UAE, are collaborating to launch a dirham-backed stablecoin. The initiative aims to solidify the Emirate’s position as a leader in blockchain technology […]
FAB Launches Dirham-Backed Stablecoin on ADI Blockchain, Revolutionizing UAE Digital Payments
Abu Dhabi’s largest bank, First Abu Dhabi Bank (FAB), is set to revolutionize the nation’s digital payment landscape with the launch of a dirham-pegged stablecoin. Launching on the […]
Mastercard Enables Stablecoin Payments for Over 150 Million Merchants
Mastercard is taking a major step toward mainstream crypto adoption by partnering with Nuvei, Circle, and Paxos to enable stablecoin payments for over 150 million merchants on its […]
Abu Dhabi’s Finance Titans Launch Dirham-Backed Stablecoin
Three major financial powerhouses in Abu Dhabi—the sovereign wealth fund ADQ, First Abu Dhabi Bank (FAB), and the International Holding Company (IHC)—have announced plans to launch a stablecoin […]
UAE Launches Revolutionary Stablecoin Using Dirham Currency
The United Arab Emirates is taking a significant step towards becoming a global leader in cryptocurrencies. The Abu Dhabi sovereign wealth fund ADQ, conglomerate International Holding Company (IHC), […]
Mastercard Embraces Stablecoins: Expanding Digital Currency Acceptance in Commerce
Mastercard has announced a major shift in its approach to digital currency, empowering merchants across its vast network to accept payments in stablecoins. This unprecedented move, facilitated through […]
Circle Secures Regulatory Approval in Abu Dhabi, Expanding USDC Presence
Circle has received in-principle approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM), a significant milestone that paves the way for full licensing as […]