Stripe and private equity giant Advent International have submitted a $53 billion acquisition offer for PayPal, potentially creating one of the largest mergers in fintech history. …
Latest in Stablecoins
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U.S. Regulation
Sony Bank Wins U.S. Approval to Launch Dollar Stablecoin Trust Bank
by Terron Goldby Terron GoldSony Bank, the banking arm of Sony Financial Group, has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish …
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Global Adoption
PayPal USD Launches Natively on Polygon to Expand Global Stablecoin Payments
by Terron Goldby Terron GoldPayPal has expanded its stablecoin strategy by launching PayPal USD (PYUSD) natively on the Polygon blockchain, giving businesses direct access to regulated digital dollar payments …
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Blockchain
Standard Chartered Becomes First Global Systemically Important Bank to Offer Direct USDC Access
by Terron Goldby Terron GoldStandard Chartered has become the first Global Systemically Important Bank (G-SIB) to provide institutional clients with direct access to Circle’s USDC, allowing businesses to …
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Metaverse and A.I.
BitGo Cuts 15% of Workforce to Double Down on AI, Stablecoins, and Institutional Crypto Infrastructure
by Terron Goldby Terron GoldBitGo is restructuring its business for the next phase of institutional crypto adoption, announcing a 15% workforce reduction as it redirects resources toward artificial …
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Blockchain
Telcoin Launches America’s First Regulated On-Chain Bank Accounts Linked Directly to Stablecoins
by Terron Goldby Terron GoldTelcoin Digital Asset Bank has officially launched what it says are the first regulated on-chain bank accounts in the United …
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U.S. Regulation
Federal Reserve Moves to Tighten Stablecoin Oversight With New Customer Identification Requirements
by Terron Goldby Terron GoldThe Federal Reserve has unveiled a new proposed rule that would require certain payment stablecoin issuers to establish and maintain formal Customer Identification …
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Global Adoption
IMF Warns Nigeria’s Stablecoin Boom Could Threaten Monetary Control as Adoption Surges
by Terron Goldby Terron GoldNigeria’s rapid adoption of stablecoins is drawing growing concern from the International Monetary Fund (IMF), which warns that the country’s embrace of …
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Lifestyle
Trump-Backed World Liberty Financial to Pay UFC Fighter Bonuses in USD1 Stablecoin at White House Event
by Terron Goldby Terron GoldWorld Liberty Financial (WLFI), the crypto company backed by President Donald Trump and the Witkoff family, is bringing its USD1 stablecoin directly into the spotlight …
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Metaverse and A.I.
Mastercard Launches AI Payment Network That Allows Machines to Transact Using Stablecoins
by Terron Goldby Terron GoldMastercard is expanding its push into artificial intelligence and digital assets with the launch of Agent Pay for Machines, a new payment …
