Japan’s stablecoin landscape is poised for a major shift as JPYC Inc., the issuer of the yen-pegged JPYC stablecoin, prepares to invest heavily in Japanese government bonds (JGBs). […]
Sui’s USDsui Stablecoin: Revolutionizing DeFi with Interoperability and Regulatory Compliance
Sui is set to launch its revolutionary USDsui stablecoin later this year, promising a paradigm shift in decentralized finance. This innovative digital asset combines seamless interoperability across multiple […]
Kyrgyzstan Launches $50 Million National Stablecoin Project
Kyrgyzstan has unveiled plans to launch a national stablecoin worth $50 million, marking an effort to strengthen the country’s financial infrastructure and bolster its digital currency adoption rate. […]
Visa Launches Pilot Program Enabling Payments in Stablecoins
Global payment giant Visa has taken a significant step toward the future of digital finance with the launch of a pilot program that will allow businesses to send […]
Kyrgyzstan to Launch $50 Million National Stablecoin
Kyrgyzstan is taking a step towards modernizing its financial system by planning the launch of a $50 million national stablecoin. This initiative, according to Foresight News, seeks to […]
UK Tightens Stablecoin Rules to Ensure Financial Stability
The UK’s Bank of England is implementing stricter regulations on stablecoins, aiming to prevent financial instability and ensure banks remain resilient. The Bank has outlined new rules that […]
Andreessen Horowitz Seeks Exemption from GENIUS Act for Decentralized Stablecoins
Andreessen Horowitz (a16z) has requested a U.S. Treasury exemption from the GENIUS Act, arguing that decentralized stablecoins, like LUSD, shouldn’t be included due to their smart contract-based governance […]
YEX Lists StablR Stablecoins on Spot Market, Expands Trading Options
Dubai-based cryptocurrency exchange YEX announced a significant expansion of its trading platform by listing new ETH pairs for StablR’s USD (USDR) and Euro (EURR) stablecoins. The move marks […]
Coinbase Shelves $2 Billion BVNK Deal Amid Regulatory Concerns
Coinbase has withdrawn its planned acquisition of UK-based stablecoin infrastructure firm BVNK, marking a significant shift in strategy. The company cited regulatory uncertainty and the need to prioritize […]
Coinbase Halts $2 Billion BVNK Acquisition Due to Market Uncertainty
Cryptocurrency exchange Coinbase has abruptly called off its planned acquisition of fintech firm BVNK for a staggering $2 billion, citing volatile market conditions and regulatory uncertainties. This decision […]
Visa Tests Stablecoin Payouts: Faster Payments for Creators & Gig Workers
Visa is testing a new method for businesses to pay creators and gig workers using stablecoins, aiming to expedite payments globally. This pilot program allows companies to send […]
Coinbase abandons BVNK deal in stablecoin race for payment dominance
Coinbase has withdrawn from negotiations to acquire BVNK, ending a deal that could have been worth $2 billion. This move comes amidst intensifying competition in the stablecoin market, […]
Visa Unveils Innovative Payment System using Stablecoins at Web Summit
Visa is revolutionizing global payments at the Web Summit in Lisbon. The company has unveiled a system that enables swift, instant payments for freelancers and digital service providers […]
Coinbase Drops $2 Billion BVNK Acquisition Amidst Fierce Stablecoin Competition
Coinbase has canceled its proposed acquisition of BVNK, a leading stablecoin infrastructure firm valued at $2 billion. The move signals a shift in the company’s strategy as competition […]
Visa Launches Swift Payments Using Dollar-Backed Stablecoins
Visa, a leading financial services company, has unveiled a groundbreaking payment system at the Web Summit in Lisbon that enables faster and more efficient international payments for freelancers, […]