Stablecoins

Coinbase Funds New York Pilot Program Distributing $12K in USDC Aid

A new pilot program in New York is testing the use of digital assets for financial aid distribution. Funded by…

7 months ago

SUI Group Partners with Ethena to Launch Stablecoins, Reducing Reliance on USDC

The Sui blockchain will soon host its first native stablecoins, following a three-way partnership between publicly-traded digital asset treasury firm…

7 months ago

“Banks Want to Ban Rewards on Stablecoins” Coinbase CEO Brian Armstrong States

While stablecoin adoption is growing, big banks are now under fire for trying to stop crypto rewards programs. Coinbase CEO…

7 months ago

Stripe’s Bridge Unveils Platform For Businesses to Launch and Manage Stablecoins

Stripe today unveiled a platform that enables businesses to launch and manage their own stablecoins through Bridge, a stablecoin orchestration…

7 months ago

CFTC Launches Tokenized Initiative Allowing Derivatives Traders to Post Stablecoins as Collateral

The Commodity Futures Trading Commission is launching an initiative for the use of tokenized collateral — perhaps most notably including…

7 months ago

South Korea’s First Won-Pegged Stablecoin KRW1 Launches on Avalanche

South Korea's crypto custody service provider BDACS announced Thursday that it has launched KRW1, a stablecoin fully backed by the South…

7 months ago

PayPal’s PYUSD stablecoin Expands to Tron, Avalanche, Sei and Other Blockchains via LayerZero

PayPal’s stablecoin, PayPal USD  is expanding to several new blockchains including Tron, Avalanche and Sei through an integration with LayerZero’s…

7 months ago

UK Reform Party Opposes Bank of England’s Stablecoin Limits and CBDC Plans

The United Kingdom’s minority party Reform has formally rejected the Bank of England’s proposal to cap stablecoin holdings and its…

7 months ago

MoneyGram Launches Stablecoin-Powered Payments App

Global payments company MoneyGram has released a new mobile application that uses Circle’s USDC on the Stellar blockchain for cross-border…

7 months ago

Bitwise Files For Stablecoin and Tokenization ETF Targeting Thanksgiving Launch

Bitwise filed a prospectus on Sept. 16 for a stablecoin and tokenization exchange-traded fund (ETF) structured as a 40 Act fund, positioning…

7 months ago