Tag: Stablecoins
Binance Stablecoin Reserves Reach New All-Time High
Story Highlights Binance stablecoin reserves reached a record $31.3 billion. Reserves dropped in 2022-2023 but started rising again in mid-2023. Investors are adding funds, showing…
Brazil Sees Crypto Boom, with 90% Flow in Stablecoins
Brazil sees a surge in stablecoins transactions, raising regulatory concerns. Officials explore Pix expansion and Drex’s role in digital finance evolution. Brazil is experiencing a…
Thailand TIDC Appoints Advisors to Boost Digital Economy
Thailand hires blockchain expertise to boost its digital finance strategy. The country is establishing a token platform and considering a bond-backed stablecoin. This development marks…
ECB Pushes for Digital Euro to Counter Trump Stablecoins Expansion
ECB pushes for digital euro as Trump backs stablecoins, highlighting risks to traditional banks and evolving global financial systems. European Central Bank (ECB) board member…
Taiwan to Propose Law Allowing Banks to Issue Stablecoins by June 2025
Taiwan plans to propose a law by June 2025 allowing banks to issue stablecoins, enhancing virtual asset trading with TWD. The Taiwan government plans to…
WSPN Appoints Jeff Wong as Independent Director
WSPN appoints Jeff Wong as Independent Director to drive innovation and expand stablecoin utility through strategic partnerships. Worldwide Stablecoin Payment Network (WSPN) recently appointed Jeff…
Coinbase Report Reveals Stablecoins to Drive Future of Global Payments
Coinbase report highlights stablecoins’ growth, predicting $3 trillion market cap, driving faster, cheaper global payments beyond trading. Coinbase recently released its crypto market outlook for…
Thaksin Urges Thailand to Embrace Bitcoin and Stablecoins
Thaksin urges Thailand to adopt Bitcoin and stablecoins, improve economy, reduce public debt, and defend 15% VAT proposal. Thaksin Shinawatra, the former prime minister of…
Paxos Acquires Membrane Finance to Expand European Presence
Paxos acquires Membrane Finance to expand its European presence, ensuring compliance with EU regulations and boosting stablecoin adoption. Paxos, a leading blockchain infrastructure provider, has…
