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Nalezeno "stablecoin": 3929

Citi Bank Report: Most Global Security Firms Back CBDCs For Faster Payments


A new research conducted by banking giant, Citi, shows that most financial institutions are leaning toward adopting Central Bank Digital Currencies (CBDCs) for faster global payments. In its latest edition of the Securities Services Evolution, the bank surveyed 12 financial market infrastructures...

Coinbase Acquires Equity Stake in Circle; Companies Reshape USDC’s Future


In a joint statement, Jeremy Allaire, CEO of Circle, and Brian Armstrong, CEO of Coinbase, announced the dissolution of the Centre Consortium. Consequently, Circle will take exclusive charge of the issuance and governance of USDC. Additionally, Coinbase has acquired an equity stake in Circle while...

Stablecoin Buying Rises in Argentina as Peso Tumbles


Industry insiders claim Argentina is experiencing a rise in stablecoin buying as black market dollar market prices spiral upward. Per Globo, the nation is in the grips of the “worst political crisis in 21 years,” with hyperinflation eating up the value of the fiat peso. Last week, Bloomberg...

Coinbase Halts USDT Trading for Canadian Users Starting August 31


In an email dated August 17, Coinbase, a cryptocurrency exchange, revealed its decision to halt trading of Tether USDT, Dai DAI, and RAI stablecoins for Canadian users starting August 31. This surprising development comes shortly after Coinbase's recent announcement of its complete expansion into...

Bybit Announces ‘Imminent’ Listing of Paypal’s PYUSD Stablecoin


According to the crypto exchange Bybit, the trading platform plans to list Paypal’s stablecoin soon. Amid Bybit’s announcement, Paypal’s PYUSD token has seen little movement as most of the supply is held by the contract and the Paxos Treasury. Dubai-Based Bybit Prepares to List...

Ledger Taps Paypal for US Crypto Buys


Crypto security firm and hardware wallet manufacturer, Ledger, announced its integration of Paypal payments for U.S. customers. This will allow Ledger Live users to buy bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), and litecoin (LTC) within the app using Paypal. Ledger Enables Paypal Payments...

Singapore Announces Stablecoin Rules, MAS to Label Regulated Tokens


The Monetary Authority of Singapore (MAS) unveiled regulations aimed at ensuring the value stability of each stablecoin regulated in the city-state. Under the new rules, issuers that want their fiat-pegged tokens to be labeled as “MAS-regulated” will have to meet certain requirements. Singapore...

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