Business
Visa offers stablecoin settlement for US banks using Circle’s USDC
Visa is opening its US network to stablecoin settlement, expanding crypto-linked products and services enabled by the relaxed regulatory…
Tag
stablecoin
Business
Hong Kong stablecoin stocks slump after PBOC vows cryptocurrency crackdown
Hong Kong-listed stocks with cryptocurrency-related businesses tumbled on Monday (Dec 1) after China’s central bank vowed to crack down on…
Business
Tether stablecoin stability rating reduced to ‘weak’ at S&P
A crash in Bitcoin’s price this month has left the asset on track for its worst monthly performance since a string of bankruptcies rocked…
Business
British stablecoin regime to keep pace with US, official says
The UK central bank will unveil its proposed regime on stablecoin regulations on Monday Bank of England (BOE) deputy governor Sarah…
News
PBOC governor warns on stablecoin risks as global anxiety builds
People’s Bank of China (PBOC) governor Pan Gongsheng stiffened warnings on the risks around stablecoins, as the digital tokens usually…
Business
Chinese tech giants pause stablecoin plans after Beijing steps in
The government raised concerns about the rise of currencies controlled by the private sector, says the Financial Times CHINESE tech…
Business
UK targets end-2026 for stablecoin rules to keep pace with US
The Bank of England (BOE) is aiming to have new stablecoin regulations in place by the end of next year, as policymakers around the world…
Business
Paxos mistakenly issues US$300 trillion of PayPal stablecoin
Stablecoin issuer Paxos said that it mistakenly minted US$300 trillion of PayPal Holdings’ PYUSD stablecoin on Wednesday (Oct 15) before…
Business
European banks to launch euro stablecoin in bid to counter US dominance
The new Amsterdam-based company is expected to launch its stablecoin in the second half of next year A consortium of nine European banks,…
Business
Singapore, Hong Kong want a slice of the US$250 billion stablecoin pie
Regional financial centres Singapore and Hong Kong are both aiming to capture a piece of the US$250 billion stablecoin market. On Aug 1,…
Business
Stablecoin growth is hampered by nagging foreign exchange costs
Even as stablecoins enter a period of peak expectations, veterans in wider fintech circles see limitations to the tokens as an emerging…
Business
First Hong Kong stablecoin licences may be issued early next year, HKMA says
The first batch of Hong Kong stablecoin issuer licences is expected to be granted early next year, the Hong Kong Monetary Authority (HKMA)…
News
Trump signs stablecoin law as crypto industry aims for mainstream adoption
US President Donald Trump on Friday signed a law to create a regulatory regime for dollar-pegged cryptocurrencies known as stablecoins, a…
Business
Citigroup looks to issue its own stablecoin to smooth payments
Citigroup is considering issuing its own stablecoin, positioning the company as a possible early mover in the push by traditional banks to…
News
Jack Ma-backed Ant to add Circle’s stablecoin to global net: sources
Jack Ma-backed Ant Group is working with Circle Internet Group to adopt its stablecoin on the Chinese fintech company’s blockchain…
Business
Trump-backed crypto firm is planning stablecoin audit, new app
Zak Folkman, the co-founder of US President Donald Trump’s cryptocurrency platform World Liberty Financial (WLF), said on Wednesday (Jun…
Business
Mastercard partners with Fiserv to support new FIUSD token as stablecoin competition is expected to grow
Mastercard has announced a partnership with global fintech Fiserv’s new stablecoin, FIUSD, in an effort to make the stabilized…
News
Circle gets buy rating after Senate passes stablecoin bill
The company behind USDC has seen its shares rise more than 600% since they started trading earlier this month Circle Internet Group’s…
Business
Circle stock price today: CRCL shares rise again after Senate passes stablecoin bill. Here’s the latest
The share price of crypto and fintech company Circle Internet Group (NYSE: CRCL) is rising yet again today in early market trading. After…
Fashion
Coinbase launches stablecoin payments service for e-commerce
Coinbase Global is launching a platform designed to make stablecoins a go-to payment method for online transactions, a potentially big…
Business
Ant unit to seek stablecoin permits in Hong Kong, Singapore: sources
Jack Ma-backed Ant Group’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, according to people…
Business
Societe Generale becomes first major bank to launch dollar-pegged stablecoin
France’s Societe Generale said on Tuesday (Jun 10) it plans to launch a publicly tradable, dollar-backed stablecoin through its digital…
Business
Stablecoin issuer Circle raises US$1.05 billion in upsized US IPO
CIRCLE Internet on Wednesday (Jun 4) priced its upsized US initial public offering (IPO) at US$31 apiece, raising US$1.05 billion, adding…
Business
Trump-linked stablecoin used for Abu Dhabi’s US$2 billion Binance deal
World Liberty Financial, the Trump family’s decentralised finance project, said its new stablecoin is being used for a US$2 billion…