Animoca Brands announced today that it has formed a joint venture, Anchorpoint Financial Limited, with Standard Chartered Bank (Hong Kong) Limited (SCBHK) and HKT. The new company's goal is to…
In a move set to bolster its leadership in digital asset payments, Ripple announced today it has agreed to acquire Rail, a stablecoin-powered platform for global payments, for $200 million.…
FanC, a South Korean blockchain company, has launched a test run of what is being called the nation's first stablecoin backed by the Korean won. The pilot was a collaboration…
RD Technologies, a Hong Kong-based fintech firm, has successfully raised $40 million in a Series A2 financing round, a move that comes just days before the city's new stablecoin licensing…
Nigeria has opened its doors to stablecoin businesses more than a year after a sweeping crackdown on crypto giant Binance. The move signals a new era of regulated innovation for…
Conflux Network Teases Conflux 3.0 and Offshore Yuan Stablecoin Amidst China’s Digital Currency Push
Chinese Layer 1 blockchain Conflux Network is making headlines with a dual announcement: the upcoming launch of Conflux 3.0 and ambitious plans to facilitate the issuance of a stablecoin pegged…
President Donald Trump today signed into law a groundbreaking bill establishing the first federal regulatory framework for stablecoins, marking a pivotal moment for the cryptocurrency industry in the United States.…
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…