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BBVA to Launch Visa-Backed Euro-Pegged Stablecoin Next Year
5.10.2024
BBVA, one of Spain’s largest financial institutions, has announced plans to launch its stablecoin product by 2025. The organization is currently in the sandbox stages and will be developed in partnership with credit giant Visa as part of one of the first projects using its services to launch...
Crypto Biz: Axelar’s new interoperability stack goes live
4.10.2024
With dozens of layer-1 blockchains on the market, communication between networks has become a significant pain point for the broader adoption of Web3-based applications.
Tether is ‘best friend’ of US, says CEO Paolo Ardoino
4.10.2024
While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph
Ripple Mints 10M RLUSD: Major Step for Stablecoin Ecosystem
4.10.2024
Ripple’s recent announcement on X, highlighting the minting of 10,000,000 RLUSD at its treasury, marks a significant milestone…
Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa
4.10.2024
Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin’s 18.1%. This trend is driven by the instability of local currencies and limited access to US dollars. Businesses and individuals view stablecoins as a reliable...
PayPal, Ernst & Young settle first corporate payment via PYUSD stablecoin
3.10.2024
PayPal deepens its push into PYUSD for business transactions, making its first payment using the stablecoin
Spain’s BBVA Bank Partners Visa to Launch Stablecoin by 2025
3.10.2024
BBVA, one of Spain’s largest banks, is preparing to launch its own stablecoin by 2025. The project is…
Stablecoins now 43% of Sub-Saharan Africa crypto tx volume: Chainalysis
2.10.2024
Nigeria and Ethiopia have both experienced local currency devaluation which has driven stablecoin adoption.
Circle to Expand USDC Stablecoin to Australia and APAC Region Through Strategic Partnership
2.10.2024
Mark Carnegie’s MHC Digital Group is partnering with Circle Internet Financial to expand the distribution of the stablecoin USD Coin (USDC) to institutional investors in Australia and the broader Asia-Pacific (APAC) region. This strategic collaboration aims to help superannuation funds...
MHC Digital, Circle collaborate to expand USDC access in APAC region
1.10.2024
Australian pension funds can expect a pitch soon for saving money on fees with a stablecoin
Open Interest in XRP Zooms to $1B as Ripple Tests RLUSD Stablecoin
1.10.2024
Recent activities include minting significant amounts of RLUSD, suggesting the testing phase might be wrapping up or moving into a more active phase of development
Circle Signals Plans to Bring USDC to Australia With Venture Capitalist Mark Carnegie
1.10.2024
Stablecoin giant Circle has signalled its plans to bring its digital currency, USDC, into Australia and beyond with the unveiling of a partnership with venture capitalist Mark Carnegie's MHC Digital Group, the companies announced on Tuesday
Japan to Review Crypto Regulations, Potentially Easing Tax Burden
1.10.2024
Japan is reportedly set to review its cryptocurrency regulations, potentially reducing taxes on digital assets. The Financial Services Agency (FSA) plans to assess whether current crypto regulations under the payments act provide sufficient investor protection. The review may lead to reclassifying...
Australian bank joins Project Guardian to explore RWA tokenization
1.10.2024
Major Australian bank ANZ is interested in exploring how it can move its Australian dollar-backed A$DC stablecoin between blockchains
Analyst Clarifies Rumors Around Ripple’s RLUSD Stablecoin
30.9.2024
Ripple’s highly anticipated stablecoin RLUSD, has generated a significant buzz within the XRP community which has given spark…
Canada Sets New Deadline for Crypto Platforms to Comply With Stablecoin Regulations
30.9.2024
The Canadian Securities Administrators (CSA) have announced an updated regulatory framework for stablecoins, also known as value-referenced crypto assets (VRCAs), with a new compliance deadline set for December 31, 2024. The updated regulations emphasize transparency and investor protection...
Tether Aids DOJ in Seizing $6M in Assets Tied to Crypto Scams
30.9.2024
Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions, blocking over two billion dollars in USDT and recovering...
Bitcoin targets $70K as stablecoin inflows and China stimulus boost rally
28.9.2024
Bitcoin has surged past $65,000, boosted by China’s stimulus measures and stablecoin inflows
Bitcoin targets $70K as stablecoin inflows and China stimulus boost rally
28.9.2024
Bitcoin has surged past $65,000, boosted by China’s stimulus measures and stablecoin inflows
Canada crypto exchanges get more time for stablecoin compliance
27.9.2024
Crypto platforms in Canada are having trouble preparing for new stablecoin regulations. Take your time, the Canadian Securities Administrators said