Payment processing giant Visa has unveiled its plans to expand its stablecoin settlement capabilities, embracing the Solana blockchain alongside its pre-existing features on Ethereum. In this strategic move, the company…
Argentina-based Num Finance has launched a stablecoin pegged to the Columbian peso. Called nCOP, the Polygon-based stablecoin aims at Columbia’s remittance market, which is pegged at $6.5 billion a year,…
Stablecoin issuer Tether will discontinue support for USDT on three blockchains – Bitcoin, Kusama, and Bitcoin Cash from August 17. In other words, Tether will stop minting USDT-Omni, USDT-Kusama, and…
Confirming the integration of PayPal into its network, blockchain security firm Ledger on Wednesday said its US customers can now buy cryptocurrencies like bitcoin, ether, bitcoin cash, and litecoin through…
The Monetary Authority of Singapore (MAS) on Wednesday announced new regulatory framework for stablecoins. The new regulatory framework is based on feedback received during its October 2022 public consultation, the…
Circle Internet Financial is relying on a cash reserve of more than $1 billion to navigate increasing competition from non-crypto entities like PayPal Holdings Inc. This move comes as the…
Digital payments giant PayPal announced the launch of its own stablecoin, denominated as PayPal USD (PYUSD). This Ethereum-powered digital token, pegged to the value of the US dollar, is set…
Tether is gearing up to launch innovative JavaScript libraries designed to streamline the transmission of commands and signals to the Bitcoin network.
Paolo Ardoino, the Chief Technology Officer of Bitfinex and…
Tether, the stablecoin issuer, has taken frozen $2.5 million worth of USDT. This move comes in response to a likely exploit of the cross-chain router protocol known as Multichain. Multichain's…
A new policy proposal suggests that the Hong Kong government should introduce its own stablecoin, HKDG, backed by its substantial foreign exchange reserves. The proposal, co-authored by prominent figures including…