Stablecoin
Meta Is Looking to Enter Red-Hot Stablecoin Market: Fortune
The tech giant reportedly also hired a vice president of product with crypto experience to help with the stablecoin efforts.
Kyrgyzstan's Gold-Backed Dollar Pegged Stablecoin USDKG to Debut in Q3
The stablecoin will be backed by $500 million in gold from the Kyrgyz Ministry of Finance, with plans to expand reserves to $2 billion.
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.
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.
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.
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.
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.
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.
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.
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.
