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Stablecoin-Issuer Circle Pushes for USDC Adoption in the Philippines – What's Going On?
12.10.2023
Stablecoin issuer Circle has teamed up with Coins.ph, a major Philippine crypto exchange and crypto wallet provider, to enhance financial inclusion and improve remittances in the Philippines.
According to an announcement published by Circle on Wednesday, the partnership aims to raise awareness...
USDR Issuer to Salvage Failed Property-Backed Stablecoin’s Assets, ‘Make Users Whole’
12.10.2023
A high-profile failure in crypto’s burgeoning “real-world assets” niche may take an upward turn
USDC issuer partners with Philippines exchange to promote stablecoin
11.10.2023
18 million users of Coins.ph are expected to receive a faster, lower-cost and more accessible remittance option as a result of the new partnership with Circle
Backed Finance Tokenizes Treasury Bond ETF on Coinbase’s Base Network
7.10.2023
Backed Finance, a real-world asset tokenization issuer, announced its successful issuance of the first tokenized security on Coinbase’s Base, a layer two (L2) blockchain. The team introduced bIB01 tokens to the decentralized finance (defi) sector, mirroring the price dynamics of the Ishares...
Tether Dives Into AI Wave With $420M Nvidia GPU Investment Amid Soaring Demand
21.9.2023
According to a report, Tether, the largest stablecoin issuer by market capitalization, has invested $420 million in 10,000 Nvidia H100 graphics processing units (GPUs). This news emerges during a time of surging demand for artificial intelligence (AI). It also comes after Iris Energy reported...
Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge
21.9.2023
Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing
Circle CEO Jeremy Allaire: Stablecoin Bill Unlikely to Be Signed Into Law
19.9.2023
Jeremy Allaire, CEO of Circle, the issuer of USDC, the second-largest stablecoin in the market, has shared his skepticism about the passing of a stablecoin law anytime soon. On Laura Shin’s podcast, Unchained, Allaire explained that, while there is a consensus about the importance...
Transparency Report Reveals Backing for Paypal’s PYUSD Stablecoin
14.9.2023
Paypal’s stablecoin, PYUSD, has been operational for 38 days. The token’s issuer, Paxos, has issued a transparency report related to the coin’s reserves. Much like many of today’s stablecoin industry leaders, PYUSD is supported by cash reserves and U.S. Treasury reverse...
Superapp Grab, Stablecoin Issuer Circle to Start Web3 Wallets Trial in Singapore
14.9.2023
The Grab Web3 Wallet will be available to users of the ride hailing, food delivery and digital payments app to use vouchers in non-fungible token (NFT) form and earn rewards
Grab, Uber’s Southeast Asian rival, debuts Web3 services with Circle
14.9.2023
Grab, Southeast Asia’s Uber-like super app, is working with the USDC issuer Circle to enable Web3 services for its 187 million users
Tether adds Bahamas-based private bank Britannia as partner: Report
30.8.2023
Tether’s reported new partnership with Britannia Bank makes it the third Bahamas-based bank to join forces with the stablecoin issuer
Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon'
29.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders...
Jacobi spot Bitcoin ETF classed as 'environmental investing' by issuer
29.8.2023
Jacobi FT Wilshire Bitcoin ETF has been defined as an Article 8 fund by its issuer firm
Coinbase Crypto Exchange Buys Stake in USDC Stablecoin-Issuer Circle – Here's What You Need to Know
22.8.2023
According to Circle's blog post released on August 21, Cryptocurrency exchange Coinbase has bought a minority stake in Circle Internet Financial while dissolving their Centre Consortium partnership that had issued USD Coin (USDC), the world's second-largest stablecoin....
Read More: Coinbase Crypto...
House Financial Services Committee Advances Clarity for Payment Stablecoins Act
9.8.2023
On July 27, 2023, The U.S. House Financial Services Committee advanced a stablecoin-focused bill for the first time. The Clarity for Payment Stablecoins Act of 2023 would establish a federal regulatory framework for stablecoins with the U.S. Federal Reserve playing a pivotal role. The bill would...
USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche
8.8.2023
The stablecoin issuer launched a service and API that allows developers to create customized wallets for their users
USDT Issuer Tether Bought $45.4 Million Worth of Bitcoin in Q2 – Here’s What This Means for the BTC Market
3.8.2023
The issuer of the world’s most popular USD-pegged stablecoin USDT, Tether, bought 1,529 bitcoin (BTC) worth $45.4 million in Q2, as per comments by the company’s CTO cited by Bitcoin Magazine.
The purchase shows that Tether is following through on a plan announced back in May to allocate 15%...
Stablecoin Issuer Lybra Finance Launches Arbitrum Testnet Amid Quest to Be More DeFi-Friendly
19.7.2023
Users can now interact with Lybra’s new companion stablecoin peUSD, which is said to be more compatible with decentralized finance protocols than the protocol’s main stablecoin eUSD
USDC-Issuer Circle Looking to Launch Stablecoin in Japan
6.7.2023
The firm behind USDC stablecoin, Circle, is looking to launch a stablecoin in Japan under new regulations that came into effect last month.
In an interview with Coindesk Japan, Circle CEO Jeremy Alliare said that Japan would become an extremely large market for them if stablecoin adoption...
Former Goldman Sachs Executive Craig Broderick Joins Stablecoin-Issuer Circle's Board
30.6.2023
The former Goldman Sachs executive Craig Broderick has joined the Board of Directors of Circle Internet Financial, the issuer of the USDC stablecoin.
Broderick served as the chief risk officer at Goldman Sachs for over three decades.
During his tenure at the investment bank, Broderick also...