Charles Schwab would like to issue its own stablecoin, its CEO Rick Wurster told analysts in an earnings call Friday, …
Latest in stablecoin
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U.S. Regulation
President Trump Signs Stablecoin Bill, Capping Off ‘Crypto Week’
by Terron Goldby Terron GoldPresident Donald Trump signed America’s first major piece of crypto legislation into law Friday, greenlighting the issuance and trading of …
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U.S. Regulation
Wyoming Tests Instant Payments with State-Issued Stablecoin on Avalanche-Based Hashfire
by Terron Goldby Terron GoldWyoming state teamed up with blockhain startup Hashfire to test how its upcoming U.S. dollar stablecoin, the Wyoming Stable Token …
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Global Adoption
Russia’s military-industrial powerhouse Rostec to launch ruble-backed token on Tron
by Terron Goldby Terron GoldRostec, Russia’s military-industrial behemoth, is set to roll out a ruble-backed stablecoin and a digital payment platform by the end …
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Market Watch
Circle Stock Surges Over 50% Since Senate Passes Stablecoin Bill
by Terron Goldby Terron GoldCircle, the first publicly-traded stablecoin company, saw its stock price surge 20% in intraday gain today alone, just days after …
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Blockchain
JPMorgan Chase to Pilot Stablecoin-Like JPMD For Institutional Clients on Base
by Terron Goldby Terron GoldJPMorgan Chase, the top US bank by total assets, will conduct a pilot program for JPMD, described by the bank …
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Blockchain
PayPal Eyes Stablecoin Launch on Stellar Blockchain as PYUSD Approaches $1B
by Terron Goldby Terron GoldToday PayPal announced plans to launch its PYUSD stablecoin on the Stellar blockchain, a network specifically designed for payments, especially cross border. However, this …
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Market Watch
Stablecoin Issuer Circle Soars 124% in NYSE Debut After Pricing IPO Above Expected Range
by Terron Goldby Terron GoldShares of Circle soared 124% after the stablecoin company and its selling shareholders raised almost $1.1 billion in an initial …
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Blockchain
Chainlink Oracle ‘Malfunction’ Sparks $500k in DeFi Liquidations, Reignites Oracle Debate
by Terron Goldby Terron GoldA Chainlink price feed’s alleged malfunction led to more than $500,000 in liquidations on May 29, sparking fresh debate over the …
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U.S. Regulation
Major U.S. Banks Are Considering a Joint Stablecoin Venture to Compete With Crypto Industry Leaders
by Terron Goldby Terron GoldMajor U.S. banks are reportedly exploring a joint stablecoin venture to compete directly with the crypto industry’s growing dominance in …
