Tag: stablecoin
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 reported…
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 global transactions.…
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 reward-bearing…
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 proposal…
