Tag: Stablecoin

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Ripple Cheers UAE’s Dirham Backed & Global Stablecoin Rules, Projects Sector Growth to $3T

Digital payment network Ripple has applauded and expressed its optimism over the new UAE regulations set out for a Dirham backed stablecoin and Global...

Stablecoin Issuer Circle To Tap On Hong Kong Markets, Awaits New Framework By Govt

Stablecoin issuer Circle has expressed its heightened interest in establishing offices and workforce in Hong Kong. The world's second largest Stabecoin issuer is waiting...

TRON Partners Chainlink For $60B Stablecoin And RWA Integration, Here’s Why

TRON has announced a strategic partnership with Chainlink to integrate Chainlink’s Data Feeds as the official oracle solution for the TRON ecosystem.  This move, announced...

Paxos Unveils Instant USD-Stablecoin Conversion Platform For Merchants

Paxos has announced earlier today the launch of its innovative Stablecoin Payments platform, marking a significant milestone in the company's mission to revolutionize the...

Essence Finance Faces Uncertainty As CHI Stablecoin Collapses Over 92%

Essence Finance, a project built within the Scroll ecosystem, is under intense scrutiny after its stablecoin, CHI, plummeted by over 92% within a single...

Tether Faces Legal Action Amid Potential Crackdown, Here’s What At Stake For Crypto

Tether Holdings Ltd. is one possible target that may rock the cryptocurrency industry to its foundation as U.S. regulators and prosecutors have been stepping...

PayPal & Google Cloud Partner With Coinbase To Use Stablecoins For B2B Payments

Coinbase has highlighted the benefits of stablecoins for business-to-business (B2B) payments, emphasizing their instant settlement capabilities and cost-effectiveness, especially for cross-border transactions. In a...

Stablecoin Startup Bridge Has Raised $58M In Funding From Sequoia and other investors

A new startup called Bridge, co-founded by Zach Abrams and Sean Yu, veterans of Square and Coinbase, aims to revolutionise global payments using stablecoins....