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China’s Central Bank Plans to Launch Stablecoin Backed by Digital Yuan to Boost Cross-Border Payments

China's central bank, the People’s Bank of China (PBOC), has announced a major initiative to internationalize its digital yuan (e-CNY) by establishing a dedicated...
Crypto News

China’s E-Commerce Giant JD.com to Seek Global Stablecoin Licenses to Cut Cross-Border Payment Costs by 90%

JD.com, one of China’s leading e-commerce platforms, plans to pursue global stablecoin licenses to slash cross-border payment costs by up to 90%. Liu Peng, CEO...
Crypto News

JPMorgan Pilots JPMD Deposit Token On Coinbase’s Base Network Amid GENIUS Act Passing

JPMorgan Chase is testing a new digital deposit token, called JPMD, this week by sending a set amount of the token to the crypto...
Crypto News

US Senate Moves Toward First Major Crypto Law With Stablecoin Bill Vote

The U.S. Senate is expected to approve a landmark bill on Tuesday that would regulate stablecoins—a type of cryptocurrency pegged to the value of...
Crypto News

Retail Giants Amazon and Walmart Eye Stablecoins For Billions In Savings

As digital payments evolve, major retailers are exploring new ways to make transactions faster and cheaper. Stablecoins backed by the US dollar could offer...
Crypto News

Shopify to Roll Out USDC Payments Starting June for U.S. and EU Merchants

Shopify, the e-commerce giant known for powering online storefronts for millions of merchants globally, announced on Thursday that it will soon roll out stablecoin...
Crypto News

U.S. Bancorp Eyes Stablecoin Sector, Says CEO Gunjan Kedia

U.S. Bancorp is eyeing a move into the stablecoin market, CEO Gunjan Kedia said at the Morgan Stanley Financial Conference, hinting at the bank’s...
Crypto News

China’s Financial Behemoth Ant Group Plans To Roll Out Stablecoins In Major Asian Financial Hubs

Ant Group, backed by Jack Ma, plans to apply for stablecoin licenses in key Asian markets. The move comes as Hong Kong’s new stablecoin...
Crypto News

Trump’s USD1 Stablecoin Chosen For $2 Billion MGX Deal, To Launch On TRON Network

World Liberty Financial’s stablecoin USD1 has stepped into the spotlight. From backing a major Binance deal to teaming up with top blockchain projects, USD1...
Crypto News

France’s Societe Generale-Forge Debuts USD-Pegged Stablecoin ‘USDCV’ on Ethereum and Solana

On 10th June, Societe Generale-Forge, the digital asset subsidiary of French banking giant Societe Generale, announced the launch of a new U.S. dollar-pegged stablecoin...
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