Stablecoins

Stablecoins

Finance

Circle Wins Regulatory Nod From Abu Dhabi Watchdog as USDC Hits $62B

The stablecoin issuer received in-principle approval from ADGM's Financial Services Regulatory Authority to operate as a money services provider.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Finance

Mastercard Unveils End-to-End Stablecoin Capabilities, Will Launch Card With OKX

Mastercard's new global system aims to make stablecoin transactions as seamless as traditional payments.

Mastercard debit card next to phone with price chart (CardMapr.nl/Unsplash)

Finance

Stripe Tests New Stablecoin Project as $3.7T Market Looms

Stripe CEO Patrick Collison said a stablecoin tool for companies outside US, UK and EU is ready for testing.

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

Markets

PayPal to Pay 3.7% Annual Yield on Stablecoin PYUSD to Encourage Broader Use

The move is meant to increase adoption of PYUSD amid growing competition in the stablecoin market

PayPal logo on iphone screen (Marques Thomas/Unsplash)

Markets

Ripple’s RLUSD Stablecoin Goes Live on Aave V3 Ethereum Market

Aave users can supply and borrow the stablecoin on the lending platform's V3 Ethereum Core market.

Rolls of dollar bills of varying denominations. (NikolayFrolochkin/Pixabay)

CoinDesk Indices

Ethereum Is What Bitcoin Was Meant to Be

The other major cryptocurrency is becoming the global settlement layer for on-chain assets, says Advantage Blockchain’s Alec Beckman.

Pedestrians with umbrellas in street

Finance

Resolv Labs Raises $10M as Crypto Investor Appetite for Yield-Bearing Stablecoins Soars

Stablecoins are "perfect rails for yield distribution," the protocol's CEO and founder Ivan Kozlov said in an interview.

Resolv Labs co-founder and CEO Ivan Kozlov (Resolv Labs)

Tech

Noble’s New ‘AppLayer’ Lets Developers Build Stablecoin Tools on Celestia

The aim of Noble’s AppLayer is to let developers build new financial tools and apps with high throughput of stablecoins and reliable stablecoin infrastructure.

Los rollups no tienen la seguridad de Ethereum. (Luigi Pozzoli/Unsplash)

Finance

Tether, Circle to Face Intense Competition as TradFi Enters the Arena, Fireblocks Says

Ran Goldi, SVP of payments at Fireblocks, reviews the strategic moves as stablecoin issuers look to corner the market.

Fireblocks sign at Miami airport during Bitcoin Miami conference 2022 (Danny Nelson/CoinDesk)

Markets

Stablecoin Market Could Grow to $2T by End-2028: Standard Chartered

The passage of the Genius Act in the U.S., expected in coming months, will further legitimize the stablecoin industry, the report said.

Standard Chartered logo on the side of a building.