Tag: Stablecoin

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Abu Dhabi Regulator Approves Ripple USD As Accepted Fiat-Referenced Token, Clearing Way For Institutional Use

The local watchdog recognised Ripple's dollar-pegged stablecoin as an Accepted Fiat-Referenced Token, allowing institutions in Abu Dhabi to utilise it. Ripple said on Thursday that...

Tether Lays Off 80% Employees And Exits Uruguay Even Before Releasing $500M Planned Investment

Tether Holdings Ltd., one of the most significant players in the global digital asset ecosystem, confirmed to the Ministry of Labour and Social Security...

Deutsche Borse Signs MoU To Integrate AllUnity’s EURAU Stablecoin, Starting With Clearstream Custody

Deutsche Borse, a market infrastructure provider, aims to incorporate AllUnity's EURAU euro-pegged stablecoin, broadening the exchange group's digital-asset strategy after previously partnering with Circle's...

Swedish Giant Klarna Unveils Dollar-Backed Stablecoin “KlarnaUSD,” Eyes 2026 Mainnet Rollout

The Swedish fintech company Klarna (KLAR.N) said on Tuesday that it will introduce a stablecoin backed by the US dollar, making it the latest...

India’s Fully Collateralised ARC Rupee-Backed Stablecoin Could Go Live Early 2026

According to sources, India's Asset Reserve Certificate (ARC), a fully collateralised stable digital asset created by India-based fintech company Anq and Ethereum scaling and...

UK Court Sentences Ringleader And Two Accomplices In $4.3M Armed Crypto Robbery, Met Police Seizes Nearly All Funds

A UK court has sentenced three people accused of carrying out a violent home invasion in June 2024 that resulted in the theft of...

Jack Dorsey’s Cash App Adds Stablecoin Transfers Along With Bundled Release With 11 Product Updates

Cash App, a popular payments platform, released a number of product upgrades on Thursday, including a functionality for bitcoin and stablecoin payments. The Cash...

A16z Crypto Urges Treasury To Keep Decentralised Stablecoins Unregulated And Clarify GENIUS Stablecoin Terms

Andreessen Horowitz's cryptocurrency-focused division, A16z Crypto, said that decentralised digital assets should continue to be free from regulation in order to promote innovation and...

Visa Pilots Direct USDC Stablecoin Payouts To Global Creators & Gig Workers

Visa has launched a test program to enable rapid cross-border payments for artists, freelancers, and gig workers using stablecoins, including Circle's USDC. The "breakthrough" trial...

Standard Chartered Tapped As Principal Banking Partner For DeCard To Support Stablecoin Credit-Card Payments

Today, Standard Chartered announced that DCS (DCS Card Centre) will serve as the primary banking partner for DeCard, a next-generation credit card that facilitates...

Exodus To Buy Grateful To Expand Stablecoin Merchant Payments In Latin America, EXOD Share Price Surges 10%

Leading self-custodial cryptocurrency platform Exodus Movement, Inc. (NYSE American: EXOD) announced today that it has reached an agreement to purchase Grateful, a stablecoin payment...

Korean Holding Companies Rush To Partner With Tech Giants Like Naver & Samsung To Capture Booming Stablecoin Market

According to industry officials on Sunday, major holding businesses in Korea are rushing to establish alliances with major tech companies, such as Naver, Kakao,...