Category sc : Stablecoins

Big Tech Firms Eye Stablecoins for Global...

Major tech firms like Apple, Google, and Uber explore stablecoins for global payments. Uber and Meta aim to use stablecoins to reduce international...

Deutsche Bank Moves to Explore Stablecoin Solutions

Deutsche Bank considers issuing stablecoin or joining industry-wide crypto project. Stablecoins grow to $246 billion, attracting major banks’ attention globally. Deutsche Bank partners...

Uber Taps Stablecoins to Revolutionize Global Payments...

Uber is studying stablecoins to streamline global payments.  Stablecoins could cut cross-border fees and delays significantly.  CEO Dara Khosrowshahi sees blockchain as a...

Tether Invests in Shiga Digital to Expand...

Tether invests in Africa’s Shiga Digital to boost USDT-powered financial services. Partnership enables faster, cheaper cross-border payments for African businesses. Shiga Digital to...

AEON and WLFI Partner to Enable USD1...

AEON integrates WLFI’s USD1 stablecoin to simplify global crypto payments. USD1 payments to roll out across 20 million Southeast Asian retailers via AEON...

Spain’s Largest Bank Banco Santander Plans Stablecoin...

Banco Santander plans euro and dollar stablecoins for Latin America. Openbank seeks EU license to launch crypto services for clients. Global banks increasingly...

FTX Set to Distribute $5B in Stablecoins...

FTX will provide investors $5B in stablecoins by May 2025. Total claims are $11.745M, with recoveries at 123%-138%. The 2022 asset valuations used...

Hong Kong Approves Stablecoin Bill, Paving Way...

Hong Kong passes Stablecoin Bill, requiring licenses for all issuers. Only licensed firms may issue or promote stablecoins to investors. New rules mandate...

GENIUS Act Advances as Senate Momentum Builds...

A 3/4 Senate pushes with the stablecoin GENIUS Act. Bill gains bipartisan support with 16 Democrats voting yes.  Revised GENIUS Act addresses Big...

MoonPay and Mastercard Partner on Stablecoin Payments

MoonPay and Mastercard launch stablecoin-powered virtual cards for global payments. Crypto wallets evolve into digital bank accounts for freelancers and creators. Mastercard supports...