stablecoin

Western Union is Preparing to Launch its Own Stablecoin

Western Union Co is reportedly looking into launching its own dollar-backed stablecoin as more cryptocy projects challenge its long-standing role…

9 months ago

WisdomTree Unveils its Stablecoin Strategy For its USDW Coin

Asset manager WisdomTree unveiled its stablecoin strategy alongside publicizing the existence of its Stellar-based stablecoin USDW, which isn’t new, but…

10 months ago

Schwab Aims to Expand Crypto Services—And Launch a Stablecoin

Charles Schwab would like to issue its own stablecoin, its CEO Rick Wurster told analysts in an earnings call Friday,…

10 months ago

President Trump Signs Stablecoin Bill, Capping Off ‘Crypto Week’

President Donald Trump signed America’s first major piece of crypto legislation into law Friday, greenlighting the issuance and trading of…

10 months ago

Wyoming Tests Instant Payments with State-Issued Stablecoin on Avalanche-Based Hashfire

Wyoming state teamed up with blockhain startup Hashfire to test how its upcoming U.S. dollar stablecoin, the Wyoming Stable Token…

10 months ago

Russia’s military-industrial powerhouse Rostec to launch ruble-backed token on Tron

Rostec, Russia’s military-industrial behemoth, is set to roll out a ruble-backed stablecoin and a digital payment platform by the end…

11 months ago

Circle Stock Surges Over 50% Since Senate Passes Stablecoin Bill

Circle, the first publicly-traded stablecoin company, saw its stock price surge 20% in intraday gain today alone, just days after…

11 months ago

JPMorgan Chase to Pilot Stablecoin-Like JPMD For Institutional Clients on Base

JPMorgan Chase, the top US bank by total assets, will conduct a pilot program for JPMD, described by the bank…

11 months ago

PayPal Eyes Stablecoin Launch on Stellar Blockchain as PYUSD Approaches $1B

Today PayPal announced plans to launch its PYUSD stablecoin on the Stellar blockchain, a network specifically designed for payments, especially cross border. However, this…

11 months ago

Stablecoin Issuer Circle Soars 124% in NYSE Debut After Pricing IPO Above Expected Range

Shares of Circle soared 124% after the stablecoin company and its selling shareholders raised almost $1.1 billion in an initial…

11 months ago