Tagged: stablecoins

October 28, 2025 @ 8:08 am By Omar Faridi  |  

Gemini Exchange and Gemini Wallet customers are now able to deposit USDT and USDC on Avalanche. With the addition, Gemini customers are now able to make transfers for these stablecoins via multichain rails with Solana, Ethereum, Base, Optimism, Arbitrum along with the latest network addition…. Read More

October 27, 2025 @ 11:06 pm By Omar Faridi  |  

Japanese fintech JPYC Inc. recently revealed that it has introduced the nation’s legally recognized yen-denominated stablecoin, called JPYC (with trading starting this Monday). JPYC Inc. stated that it began offering the JPYC token this Monday along with introducing its issuance and redemption service, JPYC EX…. Read More

October 27, 2025 @ 9:54 pm By Tony Zerucha  |  

Cybrid, a platform for compliant stablecoins and fiat payment infrastructure, has raised a $10 million Series A funding round led by the Growth Venture Fund at BDC Capital with participation from Golden Ventures, Luge Capital, and Panache Ventures. The funding will accelerate Cybrid’s mission to drive stablecoins… Read More

October 27, 2025 @ 1:06 pm By Omar Faridi  |  

Tether Holdings Ltd., the company behind the USDT stablecoin, anticipates generating nearly $15 billion in earnings for 2025. This projection underscores the company’s steady business growth, enabled largely by the adoption of its pegged digital currency, which underpins much of the global cryptocurrency trading volume… Read More

October 22, 2025 @ 8:57 am By Omar Faridi  |  

In yet another powerful reminder of China’s unyielding control over financial tech innovation, two of its technology firms—Alibaba (NYSE:BABA)-affiliated Ant Group and online retail behemoth JD.com—have abruptly suspended their plans to launch stablecoins in Hong Kong. This development, revealed over the weekend, underscores Beijing’s deepening… Read More

October 22, 2025 @ 1:09 am By Omar Faridi  |  

Zach Burks, CEO of Mintable, which aims to make the most of Ethereum’s blockchain tech to allow users to create, manage, and sell digital files with the benefits of provable ownership, has commented on why Bank of England Governor Andrew Bailey is being unnecessarily “inflammatory”… Read More

October 21, 2025 @ 10:55 am By Omar Faridi  |  

Tempo, a blockchain that is focused on stablecoin payment processing, recently announced a $500 million funding round. Incubated by Stripe and Paradigm, Tempo’s  Series A round was reportedly led by Thrive Capital and Greenoaks. This, according to an update this past week from Fortune, which… Read More

October 20, 2025 @ 8:12 am By Omar Faridi  |  

Euronet (NASDAQ: EEFT), a firm focused on payments processing and cross-border transactions, announced it has chosen to leverage Fireblocks, an enterprise platform for digital asset infrastructure (non-custodial), settlement, trading operations and stablecoin payments. Fireblocks enables Euronet to integrate stablecoin tech into its payments infrastructure, “accelerating… Read More

October 19, 2025 @ 10:07 pm By Michael Wong  |  

HitPay, a Singapore-based payments platform, said it partnered with licensed crypto payments firm Triple-A to enable more than 20,000 merchants to accept stablecoin payments at online and in-store checkouts while receiving instant settlements in fiat currency. The Monetary Authority of Singapore (MAS)-regulated arrangement targets small… Read More

October 19, 2025 @ 4:17 pm By Omar Faridi  |  

Since introducing stablecoin payments, financial infrastructure, and payments processing, Fintech Stripe said that they’ve seen these digital tokens enable the global expansion of some of the fastest-growing companies today. According to Stripe, the top 20 AI firms on Stripe—all but 1 based in the United States—draw the… Read More

October 19, 2025 @ 4:15 pm By Omar Faridi  |  

Lumx has raised $3.4 million in a funding round that has been led by Indicator Capital and CMT Digital, along with contributions from Honey Island, Antler, Bitso, Nomad, CAF Ventures (CAFE) and angel investors Arnold Lee, Joshua Weiss, Chuk Okpalugo, Carlos Souza, and Allan Schmitt…. Read More

October 19, 2025 @ 4:12 pm By Omar Faridi  |  

Paxos reported earlier this week that it mistakenly minted excess PYUSD as part of an internal transfer. Paxos confirmed that it immediately identified the error and burned the excess PYUSD. According to the company, this was simply an “internal technical error” and that there was… Read More

October 19, 2025 @ 4:10 pm By Michael Wong  |  

The Monetary Authority of Singapore (MAS) launched BLOOM, short for Borderless, Liquid, Open, Online, Multi-currency, a new industry initiative to extend settlement options for financial institutions using tokenised bank liabilities and well-regulated stablecoins while applying standardised risk controls. MAS said BLOOM will work with banks… Read More

October 18, 2025 @ 10:25 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) recently announced that its Business services division has introduced global payouts and payment links, allowing businesses to send and receive stablecoin USDC with competitive fees, instant settlement, and global reach. These tools aim to simplify vendor payments, eliminate chargebacks, and offer seamless API… Read More

October 17, 2025 @ 9:08 am By Omar Faridi  |  

YZi Labs reports that it is leading a $50 million round in Better Payment Network (BPN), which is described as a programmable payment network built for the multi-stablecoin era. The investment reportedly aligns with YZi Labs’ thesis of backing global financial infrastructure – systems that place… Read More

October 16, 2025 @ 9:03 pm By Tony Zerucha  |  

Could zero-knowledge (ZK) proofs prevent data breaches? “Centralized servers that stockpile sensitive personal data will always remain prime targets for attackers – whether the breach comes through technical exploits or social engineering. Incidents like the Discord leak make it clear that this model is unsustainable…. Read More

October 16, 2025 @ 2:35 pm By JD Alois  |  

The Office of the Comptroller of the Currency (OCC) has provided a provision bank charter to Erebor Bank, the first de novo national bank charter issued under the current administration. Erebor Bank is a digital asset-friendly bank that has the support of some big names,… Read More

October 15, 2025 @ 4:39 pm By Omar Faridi  |  

Gemini Exchange and Gemini Wallet clients are now able to deposit stablecoins USDT and USDC on the Solana network. With this latest update, digital assets firm Gemini (NASDAQ:GEMI) explained that its customers are able to complete transfers for these stablecoins via multichain rails with Solana,… Read More

October 15, 2025 @ 8:15 am By Omar Faridi  |  

Safe, the multisig based smart account platform securing $60 billion in digital assets, and Circle Internet Group, Inc. (NYSE: CRCL), a financial tech company and stablecoin market participant, announced a new strategic partnership to establish Safe as an institutional storage solution for USDC in self-custody… Read More

October 14, 2025 @ 11:39 am By Tony Zerucha  |  

Toku, a stablecoin payroll platform, has announced a partnership with Lagrange, a provider of verifiable AI. Over the past four years, Toku has built the first global system for token compensation, solving for taxes and compliance across more than 100 jurisdictions. With the 2025 stablecoin… Read More