Stablecoins

Banco Santander eyeing crypto expansion with fiat-backed stablecoin

Banco Santander eyeing crypto expansion with fiat-backed stablecoin

Leave a Comment / Adoption, Banking, Featured, Stablecoins, TradFi /

Banco Santander is exploring the development of a fiat-backed stablecoin and expanding its crypto offerings to retail clients, marking a potential new chapter in the bank’s digital asset strategy. According to a May 29 Bloomberg News report, the initiative, still in its early stages, may include both US dollar and euro-pegged tokens. Santander joins a […]

Banco Santander eyeing crypto expansion with fiat-backed stablecoin Read More »

Russian banks to offer crypto products amid rising domestic activity

Russian banks to offer crypto products amid rising domestic activity

Leave a Comment / Adoption, Bitcoin, Ethereum, Regulation, Russia, Stablecoins, US /

Russia’s central bank has announced plans to allow financial institutions to offer crypto-linked investment products to qualified investors, according to a May 28 statement. The Bank of Russia explained that it will allow instruments such as derivatives, tokenized securities, and other digital financial products that reflect crypto price movements. However, these offerings must be non-deliverable,

Russian banks to offer crypto products amid rising domestic activity Read More »

BlackRock reportedly plans to acquire a 10% stake in Circle’s upcoming IPO

BlackRock reportedly plans to acquire a 10% stake in Circle’s upcoming IPO

Leave a Comment / crypto, Featured, Investments, Stablecoins, TradFi, Trading /

BlackRock plans to acquire approximately 10% of the shares offered in Circle’s initial public offering (IPO), Bloomberg News reported on May 28. People familiar with the matter said Circle and its shareholders, including co-founder and CEO Jeremy Allaire, are seeking to raise $624 million through the offering.  Orders for the offering have reportedly exceeded the

BlackRock reportedly plans to acquire a 10% stake in Circle’s upcoming IPO Read More »

Bank Of Korea Dives Into Crypto: Deposit Tokens Head To Public Chains

Bank Of Korea Dives Into Crypto: Deposit Tokens Head To Public Chains

Leave a Comment / Bitcoin, Blockchain, crypto, Crypto News, South Korea, Stablecoins /

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bank of Korea is moving ahead with plans to tie its own digital tokens to the wider crypto world. It wants to link a central‐bank deposit token to public blockchain networks. This push could reshape how money moves in South Korea

Bank Of Korea Dives Into Crypto: Deposit Tokens Head To Public Chains Read More »

Tether invests billion profit into US companies while holding 0 billion in US debt

Tether invests $5 billion profit into US companies while holding $120 billion in US debt

Leave a Comment / Adoption, Bitcoin, Featured, Investments, Stablecoins, Tether, TradFi, US, USDT /

Tether, the issuer of the world’s largest stablecoin USDT, has disclosed that it has reinvested around $5 billion of its profits into US-based companies and infrastructure over the past two years. In a May 26 post on X, Tether CEO Paolo Ardoino disclosed that the company has made significant investments across American businesses and emerging

Tether invests $5 billion profit into US companies while holding $120 billion in US debt Read More »

Europe is sabotaging its digital money

Europe is sabotaging its digital money

Leave a Comment / Guest Post, Opinion, Regulation, Stablecoins /

The following is a guest post and opinion of Sveinn Valfells, Co-founder of Monerium. Mario Draghi is right. Europe hobbles itself with substantial tariffs, including regulations on “the most innovative part of the service sector – digital”. The European Union has done just that by creating tariffs on stablecoins, a practical form of digital money

Europe is sabotaging its digital money Read More »

Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO says

Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO says

Leave a Comment / crypto, Featured, Legislation, Regulation, Stablecoins /

Tether CEO Paolo Ardoino told Bloomberg on Friday that the company is “open to” creating a separate domestic stablecoin to meet the needs of the U.S. market. The news comes amid the U.S. trying to push through a stablecoin legislation—the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act). The international issuer of

Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO says Read More »

Stablecoins Could Obliterate Trillion In Global Costs—Anthony Scaramucci

Stablecoins Could Obliterate $7 Trillion In Global Costs—Anthony Scaramucci

Leave a Comment / Anthony Scaramucci, Bitcoin, crypto, Stablecoin, Stablecoins, Tether, USDT /

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Stablecoins could help the US keep its financial edge and lower global transaction fees, according to SkyBridge Capital founder Anthony Scaramucci. During an interview with CNBC this week, he said these dollar-pegged digital tokens aren’t just a crypto tool—they might be a

Stablecoins Could Obliterate $7 Trillion In Global Costs—Anthony Scaramucci Read More »

JPMorgan and other Wall Street banks reportedly in joint challenge for Tether’s stablecoin dominance

JPMorgan and other Wall Street banks reportedly in joint challenge for Tether’s stablecoin dominance

Leave a Comment / Adoption, jpmorgan, Stablecoins, Technology, Tether, TradFi, USDC /

Some of the largest banks in the United States, including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo, are reportedly working on a joint stablecoin initiative, the Wall Street Journal reported May 23. Sam Kazemian, founder of Frax Finance, confirmed the development, signaling that the conversations between major banks might have advanced beyond speculation.

JPMorgan and other Wall Street banks reportedly in joint challenge for Tether’s stablecoin dominance Read More »

Binance lists USD1 stablecoin with trading restrictions in EU and US

Binance lists USD1 stablecoin with trading restrictions in EU and US

Leave a Comment / Binance, Exchanges, Stablecoins, Trading, USD1, World Liberty Financial /

Binance, the largest crypto exchange by trading volume, revealed plans to list the USD1 stablecoin issued by the Donald Trump family-affiliated DeFi venture World Liberty Financial (WLFI). According to a May 22 statement, the exchange said it would open trading for the USD1/USDT pair on the same day. The firm added that its users can

Binance lists USD1 stablecoin with trading restrictions in EU and US Read More »

Subscribe
Subscribe