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 […]
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 […]