Stablecoin


Finance

Tether’s U.S.-Focused Stablecoin Could Launch Later This Year, CEO Paolo Ardoino Says

The company's U.S. plans depend on the final stablecoin legislation, and is aiming to create a "payment product" that institutions can use, Paolo Ardoino said in a CNBC interview.

Tether. (CoinDesk archive)

Finance

SEC Ditches PayPal's PYUSD Probe, Removing Key Regulatory Hurdle for Its Stablecoin

The SEC subpoenaed PayPal in late 2023 over its dollar-backed stablecoin.

(Getty Images)

Finance

World Liberty's Stablecoin Will Be Used to Close MGX's $2B Binance Investment: Eric Trump

Eric Trump also said that USD1 will be integrated with the Tron ecosystem.

Eric Trump onstage at Token2049, Dubai (Omkar Godbole/CoinDesk)

Finance

Mesh Adds Apple Pay to Let Shoppers Spend Crypto, Settle in Stablecoins

The feature aims to close the "last-mile" gap that has stalled mass crypto adoption in payments, co-founder and CEO Bam Azizi said.

Contactless payment via a mobile phone (Jonas Lupe/Unsplash)

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Markets

Stablecoins Could Bring 'ChatGPT' Moment to Blockchain Adoption, Hit $3.7T by 2030: Citi

Stablecoin issuers could become one of the top U.S. Treasury holders, surpassing major sovereign nations, the report projected.

Citibank (TungCheung/Shutterstock)

Finance

Coinbase Introduces Free Conversion for PayPal's PYUSD as Stablecoin Competition Intensifies

The partnership is another sign of stablecoin issuers jockeying for market share as regulation in the U.S. is advancing.

PayPal's headquarters (Shutterstock)

Finance

Dutch Bank ING Said to Be Working on a New Stablecoin With Other TradFi and Crypto Firms

ING’s stablecoin project could take the form of a consortium effort including some other banks and crypto service providers, two people familiar with the plans said.

ING bank (Sundry Photography/Shutterstock)

Finance

Zero Hash Processed $2B in Flows to Tokenized Funds as RWA Demand Accelerates

The infrastructure provider underpins tokenized funds by BlackRock, Franklin Templeton and Republic facilitating stablecoin settlements across 22 blockchains.

Zero Hash Founder on Expanding to DeFi and NFTs After Raising $35M

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Markets

Circle’s EURC Stablecoin Surges 43% to Record Supply as Dollar Troubles Fuel Demand

The fastest growth was seen on the Ethereum, Solana and Base networks, data shows.

European Union Flag (Christian Lue / Unsplash / Modified by CoinDesk)

Finance

Visa Is Joining the Paxos, Robinhood Stablecoin Consortium: Sources

Paxos’ Global Dollar Network (USDG) also includes Kraken, Galaxy Digital, Anchorage Digital, Bullish (the owner of CoinDesk) and Nuvei.

Casa central de Visa en Foster City, California. (Wonderlane/Creative Commons)