Stablecoins
PayPal Brings Its Stablecoin to Stellar for Cross-Border Remittances, Payments Financing
PayPal USD (PYUSD) plans to use Stellar for new payments and remittance use cases, as well as bringing PayFi options to millions of users and merchants.
South Korea's Ruling Party Wants to Allow Companies to Issue Stablecoins: Bloomberg
Under a proposed law, companies would be able issue their own tokens provided they meet equity capital requirements and can guarantee refunds through reserves.
Blockchain Initiatives Have Been Adopted by 60% of Fortune 500 Companies: Coinbase Survey
The crypto exchange surveyed Fortune 500 company execs and decision makers at small and medium-sized firms in the U.S. to assess crypto adoption trends.
SocGen’s Crypto Arm Unveils Dollar Stablecoin on Ethereum and Solana
SG Forge’s USD CoinVertible has Bank of New York Mellon acting as reserve custodian for the token.
Plasma’s XPL Token Sale Attracts $500M as Investors Chase Stablecoin Plays
The oversubscribed raise follows stablecoin issuer Circle’s massive IPO last week, underscoring investor appetite for stablecoin-related projects.
Deutsche Bank Considers Stablecoin or Joining Industry-Led Initiative, Exec Says
The bank is also weighing a tokenized deposit system to make payments more efficient, as regulatory clarity and pending legislation accelerate stablecoin adoption.
Senate Stablecoin Bill Likely to Win Massive Bipartisan Support, Dem Lawmaker Says
Republicans "adopted a lot of the amendments" Democrats wanted, Sen. Ruben Gallego said.
Crypto Lender Maple Finance Expands to Solana With Chainlink
Maple’s ecosystem has allocated $500,000 in incentives and coordinated over $30 million in liquidity.
U.S. Federal Reserve's New Supervision Chief Will Wield Crypto Authority
Whether it's crypto's access to banking or the issuance of stablecoins, new Fed supervision chief Michelle Bowman will have a say.
Branded and Established Stablecoins Are Not Competitors; They’re a Power Combo
Branded and established stablecoins win when they work together, writes Bastion CEO Nassim Eddequiouaq.
