Stablecoin News

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175-Year-Old Western Union Adopts Stablecoins For Speedier Payments

Western Union has signalled interest in stablecoins as a way to speed up money transfers, improve currency conversions, and offer a store‐of‐value option for...
Crypto News

StablecoinX Inc. Raises $360 Million to Acquire ENA Tokens and Pursue Nasdaq Listing

StablecoinX Inc. took a significant leap, raising $360 million of capital in the form of a strategic investment to list ENA tokens and go...
Crypto News

JPMorgan Says Regulators Back Tokenised Bank Deposits More Than Stablecoins

Regulators outside the United States, led by the Bank of England, signalled this week that they favour tokenised bank deposits instead of stablecoins for...
Crypto Regulations News

Hong Kong Sets Invitation‑Only Stablecoin Licensing From August 1

Hong Kong’s Stablecoin Ordinance will come into effect on August 1, 2025, when the city’s financial regulator, the Hong Kong Monetary Authority (HKMA), will...
Crypto News

Tether CEO & Circle Executive Set Forward U.S. Compliance Strategies After Trump’s GENIUS Act Signing

Minutes after President Donald Trump signed the GENIUS Act into law on Friday, Paolo Ardoino, CEO of Tether, and Circle’s chief executive each set...
Crypto News

White House Passes Three Crypto Bills, CLARITY Act, GENIUS Act & Anti‑CBDC Act, To Strengthen U.S. Market

Earlier today, on July 18th, the U.S. House of Representatives approved three key cryptocurrency bills. The CLARITY Act passed by a 294-134 vote, the...
Crypto News

PayPal Announces Plans to Bring Its PYUSD Stablecoin To The Arbitrum Blockchain

PayPal has announced a significant expansion of its PYUSD stablecoin, revealing plans to bring it to the Arbitrum blockchain.  Previously available on Ethereum and Solana,...
Crypto News

Citigroup Explores Own Stablecoin To Expand Its Payments Amid Rising Institutional Interest In Stablecoins Globally

Citigroup’s CEO, Jane Fraser, told analysts the bank is weighing issuing its own stablecoin and focusing on tokenised deposits. The plan aims to boost...
Crypto News

Trump Says GENIUS Act To Pass Early Wednesday, Secures Support Of 11 Congress Members

As reported on Donald Trump’s Truth Social page, he claims the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act will pass before...
Crypto News

Circle Files Application with OCC to Launch America’s First Bank Dedicated to Stablecoin Trust and Digital Asset Reserves

Circle, the fintech firm behind the USDC stablecoin, has filed an application with the Office of the Comptroller of the Currency (OCC). The filing aims...
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