The US stablecoin market has exploded, surging to an unprecedented $281 billion in capitalization, fueled by regulatory clarity and growing global demand. The GENIUS Act, which established clear […]
Transak Secures $16 Million Funding for Stablecoin Expansion
Web3 payment company Transak has raised $16 million in funding, co-led by IDG Capital and Tether, to expand its stablecoin network globally. The investment will enable the company […]
Transak Secures $16 Million Funding to Power Stablecoin Payments
Crypto payments firm Transak has raised a significant $16 million in funding, propelling its efforts to revolutionize stablecoin payments. This investment is fueling the expansion of Transak’s infrastructure […]
GENIUS Act Will Drive Institutional Shift Towards Tokenized Assets
The recently passed US GENIUS Act is expected to significantly boost the adoption of stablecoins, both within the US and globally. However, this legislation goes beyond just increasing […]
Fosun Considers Stablecoin License in Hong Kong, Entering Digital Assets Realm
Chinese conglomerate Fosun International is exploring obtaining a stablecoin license in Hong Kong, potentially marking its entry into the burgeoning world of digital assets. This move follows discussions […]
Visa: Stablecoins Key to Future of Traditional and Crypto Payments
Visa predicts a future where traditional payment methods blend with crypto, driven by stablecoins. Cuy Sheffield, Visa’s Crypto Chief, outlines how the company is integrating stablecoin solutions into […]
Paxos Aims to Become US National Trust Bank
Paxos, a major player in the stablecoin and tokenization space, has officially submitted an application to become a national trust bank under the Office of the Comptroller of […]
Circle Launches Arc Blockchain for Enhanced Stablecoin Payments
Circle, the issuer of USD Coin (USDC), has introduced the Arc blockchain to streamline and enhance stablecoin payments. This move is part of Circle’s strategy to maintain their […]
Bithumb Tightens Crypto Lending Rules Amid Investor Safety Concerns
South Korea’s leading cryptocurrency exchange, Bithumb, has drastically scaled back its lending program after just a month of launch due to low participation and concerns over investor safety. […]
Visa Sees Massive Opportunity in $2 Trillion Stablecoin Market, Claims Exec
Cuy Sheffield, Head of Crypto at Visa, believes stablecoins could unlock a staggering $2 trillion market opportunity for the payment giant. By integrating blockchain-based stablecoins into its network, […]
Circle Unveils Arc Blockchain for Stablecoin Payment Solutions
Circle is launching its new blockchain platform, Arc, specifically designed for seamless stablecoin payments. This strategic move aims to solidify Circle’s leadership in the rapidly evolving stablecoin landscape.
Visa Leans on Stablecoins to Expand its Global Reach
The implications of this initiative are multifaceted, encompassing political, social, and financial aspects. While Visa’s integration into the ecosystem will benefit banks, fintech companies, and businesses, it also […]
Circle Launches Arc Blockchain for Stablecoin Applications
Circle, a publicly traded company behind the USD Coin stablecoin (USDC), will launch its own layer-1 blockchain this year named Arc. The blockchain, designed with enterprise-grade functionality in […]
Circle Launches Arc, a New Layer-1 Blockchain for Stablecoin Finance
Circle has unveiled ‘Arc,’ a new Layer-1 blockchain specifically designed for stablecoin finance. This launch marks a significant step towards expanding the utility of USDC within Circle’s ecosystem. […]
Fosun’s Stablecoin License Bid in Hong Kong Sparks Speculation
Rumors circulate that Fosun, a major conglomerate, is seeking a stablecoin license in Hong Kong. However, the claims remain unconfirmed by official sources. The potential impact on the […]