Tag: Stablecoin

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SUI Group (Nasdaq:SUIG) To Launch Two Sui-Native Stablecoins, Aims To Boost On-Chain Liquidity

SUI Group Holdings Limited (Nasdaq: SUIG) announced plans to launch two stablecoins on the Sui blockchain. The move, made in partnership with Ethena and...

Stablecoin Payment Network Mesta Secures $5.5 Million Seed Funding Round Led By Village Global

Mesta, the global payment platform for fiat and stablecoin, completed its $5.5 million seed fundraising round led by Village Global.  Mesta also received funding from...

USDC Issuer Circle Eyes Fraud-Resistant Reversible Transactions, Sparks Centralisation Concerns

Circle, the issuer behind $74 billion in USDC, is weighing a way to allow refunds on some stablecoin payments, the company said in an...

Nine Big European Banks Get Ready To Back A Euro Stablecoin Under MiCA Guidelines

Nine major European banks, ING, Banca Sella, KBC, Danske Bank, DekaBank, UniCredit, SEB, CaixaBank and Raiffeisen Bank International, have teamed up to create a...

Stablecoin USDT Issuer Tether In Talks To Raise Up To $20B For 3% Stake, Valuation Near $500B, CEO Confirms

Tether, the firm behind the USDT stablecoin, is considering a major private fundraising effort, CEO Paolo Ardoino said. The company, based in El Salvador,...

Kazakhstan Launches Pilot Stablecoin (KZTE) Tied To The Tenge With Solana And Mastercard Help

The National Bank of Kazakhstan said on Tuesday it is running a pilot for a new stablecoin tied to the Kazakhstani tenge. The token,...

Kaia And LINE NEXT Launch “Project Unify” Stablecoin Superapp

Kaia, a Layer 1 blockchain, and LINE NEXT, the Web3 arm of messaging firm LINE, said on Monday they will roll out Project Unify,...

Stablecoin Adoption Surges In Bolivia As Toyota, Yamaha & BYD Embrace Tether Payments

Bolivia is experiencing a significant rise in cryptocurrency adoption as three major international automobile manufacturers, Toyota, Yamaha, and BYD, have started accepting Tether (USDT)...

U.S. Treasury Asks For Public Input On Rules For New Stablecoin Law GENIUS Act

The U.S. Treasury Department asked the public to weigh in on how to put the GENIUS Act into practice, the agency said in a...

Latin America’s Largest Fintech Bank Nubank To Test Dollar-Pegged Stablecoins For Card Payments

Nubank plans to test dollar-pegged stablecoin payments on its credit cards, the bank’s vice-chairman, Roberto Campos Neto, said at the Meridian 2025 event on...

Consensys CEO Joseph Lubin Says MetaMask’s MASK Token Could Arrive Soon

Consensys CEO Joseph “Joe” Lubin said on September 19 that MetaMask may issue a native token called MASK, and that the launch could happen...

Central Bank Of Bahrain Launches Stablecoin Issuance And Offering Rules

Bahrain’s central bank has introduced a new regulatory module for stablecoins that sets clear rules on issuance, custody and reserves. The Central Bank of...