Tag: stablecoin

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Singapore Metro Store Adopts Stablecoins for Smooth Payments

Metro is now accepting stablecoins, including USDT, USDC, WUSD, and FDUSD. Singapore's crypto-friendly rules promote stablecoin adoption. Singapore's top department store chain Metro has...

Stablecoin Issuers Must Follow U.S. Laws, Says Circle CEO

Stablecoin issuers must comply with U.S. laws, says Circle CEO. He stressed financial security, consumer protection, and transparency amid ongoing regulatory discussions. The CEO of...

Japan Moves to Ease Stablecoin Rules for Greater Financial Flexibility

Japan plans to ease stablecoin rules, allowing new backing methods and reducing compliance burdens for intermediaries. Japan is set to ease regulations on stablecoins and...

Standard Chartered and Partners Plan HKD-Backed Stablecoin

Standard Chartered, Animoca, and HKT launch joint venture for HKD-backed stablecoin, driving digital payments, Web3 adoption, and financial innovation. Standard Chartered Bank (Hong Kong) Limited...

Tether Engages U.S. Lawmakers on Stablecoin Regulation

Tether engages with U.S. lawmakers on stablecoin regulation, advocating transparency while preparing for stricter audits and reserve requirements. As U.S. lawmakers push for clearer rules...

Tether Expands into Sports Industry with Juventus Investment

Tether acquires a minority stake in Juventus, expanding into sports with blockchain, digital assets, AI, and biotech innovations. In a significant development, Tether, a major...

Crypto.com Plans Cronos ETF Launch in 2025

Crypto.com intends to file for a Cronos ETF in Q4 2025. The company will launch new products, including stablecoin, stocks, and ETFs. Crypto.com is...

Transak and Opera MiniPay Expand Stablecoin Access Worldwide

MiniPay users can purchase and trade stablecoins with no fees for a short period. The cooperation promotes stablecoin adoption by allowing for low-cost...

Circle Mints $250M USDC, Totaling $3.5B on Solana This Week

Circle mints $3.5B USDC on Solana, driving DeFi growth, boosting liquidity, and strengthening stablecoin adoption with strategic partnerships. Circle, the company behind the stablecoin USDC,...

Binance Futures Expands BFUSD with USDC Support

Binance increases BFUSD holding limits by 50% and adds USDC support. New Pre-Buy and transparency features increase BFUSD flexibility. Major overhauls announced on Binance's...

Philippine Banks to Launch PHPX Stablecoin

Philippine banks are launching PHPX stablecoin on Hedera blockchain to improve cross-border payments and remittances. Several banks in the Philippines are planning to launch a...

Frax Finance Adopts BlackRock’s BUIDL for Stablecoin

BlackRock's BUIDL fund now supports Frax's frxUSD stablecoin. Enhances transparency and has potential yield-bearing benefits. The Frax Finance community has approved FIP-418 unanimously, a...