Tether is seeking to introduce blockchain technology to Turkey’s boron industry by tokenizing the mineral for broader adoption. Stablecoin issuer Tether (USDT) is proposing a plan to digitize Turkey‘s boron market using blockchain technology, as the
French Hill predicts timely approval for the Stablecoin bill. Insights on Gary Gensler's SEC position highlight political complexities. Continue Reading:French Hill Highlights Stablecoin Legislation Timeline and SEC Leadership Insights The post Frenc
Payments giant Stripe has acquired stablecoin platform Bridge for a total amount of $1.1 billion, more than 5x its $200 million valuation, according to an Oct. 21 annnouncement. The acquisition is part of Stripe’s plan to enter the stablecoin market.
Mercado Libre, the Latin American e-commerce and financial services giant, has reached a milestone with meli dolar, an in-house distributed dollar-pegged stablecoin. The token, launched in August, is now in millions of wallets, according to Ignacio E
The deal marks one of crypto’s largest acquisitions, allowing more businesses to deal in stablecoins.
Payments company Stripe has acquired stablecoin platform Bridge in a $1.1 billion transaction, marking the largest acquisition in the crypto industry to date. Techcrunch founder Michael Arrington confirmed the news through a post on X, emphasizing th
Yellow Card, a leading African stablecoin platform, closed a $33 million Series C funding round led by Blockchain Capital. The funding signifies a milestone for Yellow Card and the African fintech industry, highlighting the potential of stablecoins o
Since October kicked off, the stablecoin market has experienced a modest boost, though overall growth has remained quite slow. Currently, the sector is valued at $172.7 billion, with 48.9% of stablecoins residing on Ethereum and 34.92% circulating on
Here's what may drive XRP to a three-year high of $1 (according to ChatGPT).
Base soared to new TVL and hit stablecoin market cap highs this week.
The current market cap of PayPal USD is $618 million, reflecting a 40% dip since its peak.
A final decision is yet to be made, and the parties could still back out of a potential deal, Bloomberg reported.
Stripe is reportedly in talks to acquire stablecoin provider Bridge, five months after announcing it will allow U.S. merchants to accept USDC payments again. Multinational payments firm Stripe is said to be in talks with the Texas-headquartered stabl
Paxos, a regulated tokenization infrastructure platform, has unveiled its new stablecoin payments platform, with Stripe as its inaugural customer. This innovative solution powers Stripe’s Pay with Crypto product, enabling merchants to seamlessly acce
Hermetica raises $1.7 million for $USDh, the first Bitcoin-backed stablecoin, enhancing its growth and integration in the expanding crypto market.
The Siam Commercial Bank Public Company, founded in 1907, was the first bank established in the South Pacific country.
Tether's USDT user count reached 330 million in Q3 2024. The last quarter saw a record increase of 36.25 million new users. Continue Reading:Tether Reports Significant User Growth for USDT Stablecoin The post Tether Reports Significant User Growth fo
The third quarter of 2024 saw a surge in stablecoin use and adoption, according to Coinbase’s 4th Quarter Guide to Crypto Markets report with Glassnode. Stablecoins hit an all-time high market capitalization of nearly $170 billion in Q3 2024, accordi
Ripple has announced that its new USD-denominated stablecoin, RLUSD, will be available globally through strategic partnerships with major platforms, including Uphold, Bitstamp, Bitso, Moonpay, Independent Reserve, Coinmena, and Bullish. Fully backed
Ripple has officially unveiled the exchange partners supporting its new Ripple USD (RLUSD) stablecoin, according to an Oct. 15 statement. According to the release, RLUSD will be available globally for institutions and users on major crypto trading pl