Tag: Stablecoin

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Crypto News

Japan FSA Backs Megabanks’ Joint Yen-Backed Stablecoin Pilot Launching With MUFG, SMBC And Mizuho Bank

As Japan continues its work in payment innovation, the FSA has officially announced its support for a stablecoin pilot project involving the country's three...
Crypto News

OKX Launches OKX Pay And OKX Card In Brazil To Bring USD Stablecoin Savings And Payments To Consumers

In Brazil, cryptocurrency exchange OKX has introduced OKX Pay and OKX Card, providing consumers with access to stablecoin savings and payment systems priced in...
Crypto News

Bank Of England To Publish Stablecoin Consultation In November, Vows To “Keep Pace” With U.S.

The Bank of England (BoE) is getting ready to unveil its much-anticipated stablecoin regulatory framework in an effort to keep up with US advancements...
Crypto News

Mastercard Partners With Gemini & Ripple To Pilot RLUSD Stablecoin On XRP Ledger For Fiat Card Settlements

Mastercard, a major credit card company, is collaborating with Gemini and Ripple to investigate the use of RLUSD stablecoins on XRPL to settle fiat...
Crypto News

Coinbase In Final Talks To Acquire Stablecoin Infrastructure Startup BVNK For About $2B

The final phases of negotiations for Coinbase's acquisition of stablecoin infrastructure firm BVNK have begun. Bloomberg revealed on the 31st of October that Coinbase...
Crypto News

Global Regulators Weigh Overhaul Of Basel Crypto Rules For Banks As Stablecoin Surge Forces Rethink

Global authorities are in discussions about changing the regulations governing banks' cryptocurrency holdings, which are set to take effect next year. The US-led opposition...
Crypto News

U.S Senate Resumes Bipartisan Talks On CLARITY Act As Government Shutdown Reaches 31st Day

While Washington continues to be immobilised by a government shutdown that is currently in its 31st day, one of the longest in American history,...
Bitcoin News

Venezuelan Payment Giant Conexus Builds Platform To Bring Bitcoin And Stablecoins Into Local Banks

Conexus, a business that oversees a system that powers 40% of Venezuela's electronic transactions, is now conducting preliminary research and development for a platform...
Crypto News

Binance.US Denies Political Motive After Sen. Chris Murphy Calls USD1 Listing “Payback” For CZ Pardon

Binance.US  on Wednesday, defended its recent decision to list USD1, a stablecoin created by the Trump-affiliated World Liberty Financial, in response to a U.S....
Crypto News

Mastercard In Late-Stage Talks To Buy Zero Hash Dor $1.5–$2B As Stablecoin Payments Race Heats Up

As the race for stablecoin payments intensifies, Mastercard (MA) is allegedly considering acquiring blockchain infrastructure firm Zero Hash. According to individuals familiar with the situation,...
Crypto News

Visa To Support Four Stablecoins On Four Blockchains, Convertible Into 25+ Fiat Currencies

According to the CEO Ryan McInerney of payment giant Visa, the company plans to expand the ways payments may be resolved and money moved...
Crypto News

Japan Launches First Legally Recognised Yen Stablecoin JPYC, Trading Begins

JPYC Inc., a fintech company based in Japan, announced the introduction of JPYC, the first legally recognised stablecoin priced in yen. In addition to...
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