Politics
Russian Ruble-Pegged Stablecoin Surpasses $100B in Transactions Less Than a Year – Report
Blockchain analytics firm Elliptic’s report shows that Russia’s ruble-backed stablecoin A7A5, launched last year to help evade sanctions,…
Tag
stablecoin
Business
Chinese tech giants pause stablecoin plans after Beijing steps in
The government raised concerns about the rise of currencies controlled by the private sector, says the Financial Times CHINESE tech…
Business
Stablecoin growth is hampered by nagging foreign exchange costs
Even as stablecoins enter a period of peak expectations, veterans in wider fintech circles see limitations to the tokens as an emerging…
Politics
Trump signs stablecoin law as crypto industry aims for mainstream adoption
US President Donald Trump on Friday signed a law to create a regulatory regime for dollar-pegged cryptocurrencies known as stablecoins, a…
Politics
Jack Ma-backed Ant to add Circle’s stablecoin to global net: sources
Jack Ma-backed Ant Group is working with Circle Internet Group to adopt its stablecoin on the Chinese fintech company’s blockchain…
Business
Stablecoin issuer Circle raises US$1.05 billion in upsized US IPO
CIRCLE Internet on Wednesday (Jun 4) priced its upsized US initial public offering (IPO) at US$31 apiece, raising US$1.05 billion, adding…
Business
Trump-linked stablecoin used for Abu Dhabi’s US$2 billion Binance deal
World Liberty Financial, the Trump family’s decentralised finance project, said its new stablecoin is being used for a US$2 billion…
Business
Ripple offered to buy stablecoin rival Circle for up to US$5 Billion
The offer comes as crypto dealmaking accelerates following a run-up in digital-token values, which has spurred several players to ramp up…
Business
Three Abu Dhabi giants plan stablecoin backed by UAE’s currency
Growing popular worldwide, stablecoins are typically pegged to traditional currencies, which makes them less vulnerable to price…
Business
Fidelity tests stablecoin in latest Wall Street blockchain push
Fidelity Investments is testing a stablecoin, as large financial firms continue to dive into one of crypto’s fastest-growing sectors.…
Business
Trump’s World Liberty Financial crypto venture to launch stablecoin
Donald Trump’s World Liberty Financial crypto venture will launch a US dollar-pegged stablecoin, it said in a statement on Tuesday, after…
Business
Trump’s Crypto Venture Introduces a Stablecoin
World Liberty Financial, the cryptocurrency company started by Donald J. Trump and his sons, announced on Tuesday that it was planning to…
Politics
Circle says stablecoin issuers should be US registered
JEREMY Allaire, the co-founder of stablecoin issuer Circle Internet Financial, is making the case that the issuers of the US dollar-based…
Business
Banks want in on Tether’s billions in stablecoin profits
UNTIL recently, banks watched from the sidelines with envy as stablecoin market leader Tether Holdings boasted of billions in profits. Now…