PayPal is stepping up its presence in the crypto space by expanding its Paxos-powered stablecoin, PYUSD, to the Arbitrum blockchain. Alongside this expansion, the payment giant has introduced a new…
Agora, a burgeoning stablecoin platform, has successfully closed a $50 million Series A funding round. The round was spearheaded by prominent crypto venture firm Paradigm, with additional significant backing from…
Hong Kong's highly anticipated stablecoin licensing regime is set to officially launch on August 1, a move confirmed by Secretary for Financial Services and the Treasury, Christopher Hui. The new…
Hong Kong is set to begin issuing licenses for stablecoin issuers in the coming months, marking a significant step in the city's ambition to become a global leader in digital…
The cryptocurrency community is placing significant wagers on the swift progression of U.S. legislation to regulate payment stablecoins, following a decisive Senate vote and a public endorsement from President Donald…
President Donald Trump is urging the House of Representatives to quickly pass the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, expressing a desire to sign the landmark…
Chinese e-commerce and tech titan JD.com is embarking on an ambitious plan to acquire stablecoin licenses worldwide, signaling a major push into the digital currency landscape. Founder and Chairman Richard…
Retail giants Walmart and Amazon are reportedly exploring the issuance of their own U.S. dollar-backed stablecoins, aiming to streamline payments, accelerate settlements, and reduce the costs associated with traditional financial…
Deutsche Bank, Europe's largest lender, is exploring the potential of stablecoins and tokenized deposits. The bank is currently weighing options for issuing its own stablecoin or collaborating on an industry-wide…
Uber is actively exploring the use of dollar-pegged stablecoins to streamline fund transfers across its vast global network, according to CEO Dara Khosrowshahi. Speaking at the Bloomberg Tech conference today,…