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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 Investment 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...
Crypto Investment News

Stablecoin Firm Zerohash Announces Plans To Raise $100M At $1B Valuation Backed by Interactive Brokers

Zerohash, a crypto infrastructure firm specializing in stablecoin and digital asset services, is reportedly preparing to raise approximately $100 million in fresh capital at...
Crypto News

Stablecoin Giant Tether Holds $8B in Gold Stored in a Swiss Vault It Built & Fully Controls

Tether Holdings SA, the El Salvador-based issuer behind the world’s largest stablecoin USDT, has confirmed that it now holds $8 billion worth of gold...
Crypto News

Crypto-Related Stocks Rally In Hong Kong As Stablecoin Marks Its Rising Place

On Tuesday in Hong Kong, shares of crypto‑related firms jumped as investors bet on the city’s upcoming stablecoin licensing framework. Guotai Junan International saw...
Crypto News

Japan’s Minna Bank Partners with Fireblocks & Solana Japan to Launch Stablecoin Pilot

Minna Bank, a leading Japanese digital banking institution, has officially announced a collaboration with Fireblocks, Solana Japan, and tech provider TIS. They aim to explore...
Crypto Regulations News

Swiss Crypto Bank AMINA Becomes First Bank To Launch Support For Ripple’s RLUSD Stablecoin

AMINA Bank AG, a FINMA‑regulated crypto bank based in Switzerland, today became the first global bank to offer direct support for Ripple USD (RLUSD).  Clients...
Crypto News

Ripple And OpenPayd Team Up To Deliver Blockchain And Traditional Finance Payment Solutions

Ripple and OpenPayd have teamed up to offer new payment solutions for enterprise clients around the world. The collaboration will also let OpenPayd handle...
Crypto News

Tether Signs A MOU With Zanzibar To Advance Digital Asset Education, Details Inside

Earlier today, on 1st July, Tether, the largest firm in the digital asset industry, inked a Memorandum of Understanding with the Zanzibar e‑Government Authority,...
Crypto News

Kakaopay Stock Falls by 10% Amid Korean Exchange Trading Suspension Triggered by Stablecoin Exposure Concerns

South Korean fintech company KakaoPay experienced a sharp 10.23% drop in its share price on June 27, closing at â‚©84,200.  The decline followed the Korea...
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