Speaking at the Bloomberg Tech conference in San Francisco on June 5, Uber CEO Dara Khosrowshahi said the company is actively studying stablecoins as a potential payment method. Uber CEO Dara Khosrowshahi emphasized the practical benefits of using stablecoins, particularly for international transactions. “We’re still in the study phase,” he said, noting that global firms […]
Circle Internet Group’s IPO is massively oversubscribed, with demand exceeding available shares by 25 times. Priced at $31 a share, the offering raised $1.05 billion, valuing Circle at $8 billion. Circle IPO Oversubscribed The upsized initial public offering (IPO) of stablecoin issuer Circle Internet Group will likely exceed the advertised range, with orders reportedly garnering
Circle’s IPO Surpasses Expectations, Raising $1.05 Billion at $31 a Share Read More »
The Donald Trump-affiliated World Liberty Financial announced in a June 4 statement that it airdropped $4 million worth of its new stablecoin, USD1, to holders of its native token, WLFI. Trump-Linked Crypto Platform Sends Out Stablecoins “Over $4,000,000 USD1 just airdropped,” an official X post published on Wednesday read. “Every eligible WLFI holder received $47
Trump-Affiliated World Liberty Financial Airdrops Millions in USD1 Stablecoin Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple has received regulatory approval to introduce its US dollar-backed stablecoin, RLUSD, into the Dubai International Financial Centre (DIFC). The approval came from the Dubai Financial Services Authority (DFSA), which oversees activities within the special economic zone. This development marks a new
Ripple Expands Middle East Presence as RLUSD Gains Approval in Dubai Read More »
Ripple USD rockets ahead as RLUSD secures approval in Dubai’s financial free zone, unleashing enterprise adoption and supercharging Ripple’s dominance in the UAE’s digital asset revolution. Ripple Advances in UAE With RLUSD Approval Ripple announced on June 3 that its enterprise-focused stablecoin, RLUSD, has received regulatory clearance to operate within Dubai’s key financial free zone,
Ripple USD Approved in Dubai as RLUSD Signals Crypto Expansion Read More »
Tether has announced a strategic investment in Orionx, a digital asset platform operating in Latin America, according to a June 3 statement. The investment aims to accelerate the use of stablecoin-powered financial services across the region, particularly in underserved and inflation-prone economies. According to the statement, Orionx currently serves users in Chile, Peru, Colombia, and
Tether invests in Orionx to boost stablecoin use in Latin America Read More »
Key Takeaways: The GENIUS Act is advancing to the Senate floor to establish stablecoin oversight rules. Crypto groups urge lawmakers to keep the bill focused, as unrelated amendments threaten delays. Citigroup forecasts the stablecoin market could grow to $2 trillion by 2030. Crypto industry groups are urging US lawmakers to advance a landmark stablecoin bill
Crypto Lobby Pushes for Swift Passage of Stablecoin Bill as it Reaches Senate Floor Read More »
A new poll from the nonprofit organization Cedar Innovation Foundation shows that about 58% of American voters think the federal government should create new laws specifically regulating cryptocurrency. Majority of Voters Want Fresh Crypto Laws, Poll Shows According to a poll conducted by Change Research spanning 1,825 participants, only 15% of voters believe existing federal
Public Pressure Mounts: Most Voters Want Stricter Crypto Laws, New Poll Finds Read More »
Key Takeaways: Circle and its shareholders increased the IPO offering to 32 million shares, targeting up to $896 million from the previous $624 million goal. Revised share pricing suggests strong investor demand, with BlackRock and Ark Invest among expected buyers. Circle has secured in-principle regulatory approval in Abu Dhabi and partnered with Hub71 to support
Circle Hikes IPO to $896M as BlackRock Demand Soars, Valuation Could Top $6B Read More »
Santander is reportedly charging into the crypto frontier with plans for a MiCA-fueled stablecoin and retail crypto access to dominate Europe’s digital finance evolution. Santander Positions for Crypto Breakout With MiCA-Driven Stablecoin Plan Banco Santander SA is reportedly in the preliminary stages of evaluating a broader entry into digital assets, with a specific focus on
Santander Targets Crypto Payment Flows With Stablecoin Strategy Read More »
