Solana Foundation has partnered with other prominent blockchain organizations to launch the Blockchain Payments Consortium (BPC). This new global alliance aims to unify fragmented digital payment systems and […]
Tether & OKX Take Center Stage: Stablecoin Strategies in Volatile Economies
Stablecoins are gaining traction in unstable financial landscapes as Tether and OKX take strategic moves to capitalize on this trend. Tether, under CEO Paolo Ardoino, is strengthening its […]
Japan’s Major Banks Join Forces to Launch Stablecoin with Regulatory Backing
Japan’s three largest banks, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group, have partnered with the country’s Financial Services Agency (FSA) to develop a […]
Stablecoin Influence on Monetary Policy: A Deep Dive
The growing presence of stablecoins in the financial landscape has sparked attention among policymakers, particularly at the Federal Reserve. A recent observation by a Fed governor highlights their […]
Japan’s Big Banks Test Yen-Backed Stablecoins Under New FSA Project
Three of Japan’s biggest banks – Mitsubishi UFJ Financial Group, Sumitomo Mitsui Banking Corporation, and Mizuho Financial Group – are embarking on a pilot program for yen-backed stablecoins. […]
Mastercard, Ripple, Gemini Test Stablecoin on XRP Ledger for Faster Transactions
Three major players in the financial world – Mastercard, Ripple, and Gemini – have joined forces to test a stablecoin called RLUSD on the XRP Ledger (XRPL). This […]
US Stablecoin Issuers Gain Banking License Eligibility Following GENIUS Act
The US has significantly altered its regulatory landscape for stablecoins, paving the way for companies like Circle and Coinbase to apply for banking licenses following the passage of […]
Best Crypto Investments: Cathie Wood, DeepSnitch AI Lead the Charge
Cathie Wood’s prediction of Bitcoin reaching $1.5 million by 2030 has been adjusted after the surge of stablecoins. Despite this shift, the market is uncertain, prompting investors to […]
Arx Research Secures $6.1 Million to Launch Crypto POS Device
Crypto payment company Arx Research has secured $6.1 million in seed funding to launch its Burner Terminal, a device enabling both stablecoin and fiat transactions for merchants.
Cathie Wood Downgrades Bitcoin Price Target to $1.2 Million for 2030
ARK Invest founder and CEO Cathie Wood has adjusted her long-term price forecast for Bitcoin, lowering her prediction for the year 2030 by $300,000. She now anticipates Bitcoin […]
DeFi Depeg: Elixir Stops Support for deUSD After Stream Finance Meltdown
Decentralized finance (DeFi) platform Elixir has ended support for its synthetic stablecoin, deUSD, following a major loss at Stream Finance. Stream’s $93 million shortfall in net assets triggered […]
Ripple Seeks Limited Fed Access for Faster US Payments, Addressing Bank Concerns
Ripple, in its pursuit of faster and more efficient US payment solutions, is advocating for a limited access “skinny” Federal Reserve account. This proposal aims to grant fintech […]
Ark Invest CEO Adjusts Bitcoin Forecast, Sees Potential for Stablecoin Influence
Cathie Wood, CEO of ARK Invest, has reportedly adjusted her Bitcoin forecast downwards by $300,000, according to recent reports. This adjustment is believed to be influenced by the […]
Canada’s Stablecoin Rules Boost Crypto Market, Including Dogecoin & DeepSnitch AI
Canada’s government has taken a decisive step toward regulating the $310 billion stablecoin market by announcing new laws that will impose stricter rules on issuers. This move signals […]
Japan’s Banking Giants Pioneering Yen-Backed Stablecoin for Corporate Payments
Japan is taking a significant step toward mainstream stablecoin adoption by its biggest banks partnering to create a new pilot program for corporate payments.