Tagged: stablecoins

August 12, 2025 @ 10:42 pm By JD Alois  |  

Shares of Circle (NYSE:CRCL) tumbled today following the news the company was poised to issue more shares. The pending dilution slashed over 6% of the firms value in after hours trading. Circle, which recently completed a successful IPO, has filed with the SEC its intent… Read More

August 12, 2025 @ 3:26 am By Omar Faridi  |  

In a step toward advancing digital financial services, Banking Circle, a global correspondent bank, has strengthened its partnership with Elliptic to ensure robust compliance for its EURO-based stablecoin, EURI. Launched in August 2024, EURI is one of the first stablecoins compliant with the European Union’s… Read More

August 8, 2025 @ 9:06 am By Omar Faridi  |  

Tether, which claims to be one the largest companies in the digital assets industry, has acquired a minority equity stake in Bit2Me, the Spanish-speaking digital asset platform. As part of the investment, Tether is also “leading a €30 million funding round, set to close in… Read More

August 6, 2025 @ 3:52 pm By Omar Faridi  |  

Daniel Liu, CEO of Republic Technologies, recently shared key insights with CI on the GENIUS Act and the next phase of institutional Ethereum adoption. He also commented on the role of Ethereum (ETH) in the DeFi and broader blockchain / web3 space. In addition to… Read More

August 6, 2025 @ 12:44 am By Omar Faridi  |  

Stablecoins, digital assets designed to maintain a stable value by pegging to assets like the U.S. dollar, have emerged as a key part of the cryptocurrency ecosystem. According to recent estimates, they account for trillions of dollars in monthly on-chain value transfers, evolving from crypto… Read More

August 5, 2025 @ 11:55 pm By Omar Faridi  |  

Hong Kong is emerging as a global hub for fintechs, driven by the steady adoption of cryptocurrencies and blockchain technology. As the city opened applications for stablecoin issuer licenses on August 1, 2025, fintech companies have been quick to seize the moment, raising substantial capital… Read More

August 5, 2025 @ 12:07 am By Omar Faridi  |  

Remitly, a Seattle-based digital remittance service, has announced its adoption of stablecoins to enhance its international money transfer capabilities. This strategic initiative will aim to position Remitly at the center of financial tech advancements, leveraging blockchain technology to offer faster, more cost-effective, and secure cross-border… Read More

August 4, 2025 @ 3:14 pm By JD Alois  |  

The Chancellor of the Exchequer, Rachel Reeves, has publicly declared her intent to enable digital asset innovation in the UK, but for many, the Chancellor is falling short of this goal. Writing in the FT, former Chancellor George Osborne, has slammed Reeves, claiming that Britain… Read More

August 4, 2025 @ 11:30 am By Omar Faridi  |  

London-based fintech startup Due has announced the launch of its cutting-edge Stablecoin Payments API, alongside an extension of its seed funding round to $7.3 million. Founded in 2022 by Revolut alumni, Due aims to dismantle the inefficiencies of traditional cross-border payments by leveraging blockchain technology… Read More

August 4, 2025 @ 9:24 am By JD Alois  |  

Stablecoins, although often lumped in with cryptocurrency, are actually a new technology that enables payments and transfers. Digital currency, or payments stablecoins, holds the promise of faster, cheaper, and more secure transfers compared to the more traditional processes widely used today. There was a period… Read More

August 3, 2025 @ 1:12 pm By Omar Faridi  |  

Digital assets firm Circle, the issuer of the USD Coin (USDC), the world’s regulated stablecoin, is focused on advancing blockchain-based financial systems. Recent announcements highlight Circle’s commitment to supporting regulatory clarity in the UK, integrating native USDC and Cross-Chain Transfer Protocol (CCTP) V2 on Hyperliquid,… Read More

August 3, 2025 @ 1:11 pm By Omar Faridi  |  

The US and UK are recording the “fastest growths” in crypto penetration in 2025, because of the sector’s increased “mainstream promotion and supportive institutional and regulatory sentiment in the West.” This, according to an update from GlobalData. Although still lagging many emerging economies, the US’s… Read More

August 1, 2025 @ 8:59 am By Omar Faridi  |  

The stablecoin ecosystem is expanding, and Visa (NYSE:V) wants to be at the forefront of its development. As global interest in stablecoins takes center stage, Visa is building on its role in the space and enabling support for more stablecoins and more blockchains to “facilitate… Read More

July 30, 2025 @ 11:03 pm By Omar Faridi  |  

The Hong Kong Monetary Authority (HKMA) announced the implementation of a regulatory framework for stablecoin issuers, set to take effect on August 1, 2025. This move underscores Hong Kong’s commitment to fostering Fintech advancements in the digital asset space while ensuring financial stability and consumer… Read More

July 29, 2025 @ 4:51 pm By Tony Zerucha  |  

The Interledger Foundation, an organization building and advocating for an interoperable payments network, is extending its Interledger Protocol to organizations launching their own stablecoins. As many organizations, including governments, fintech providers and financial institutions, explore the introduction of their own digital currencies, there is currently no infrastructure in… Read More

July 29, 2025 @ 10:59 am By Omar Faridi  |  

The business-to-business (B2B) payments landscape is undergoing a transformative shift, driven by technological advancements and evolving market demands. A whitepaper from Juniper Research, titled Breaking the Innovation Logjam in B2B Payments, provides an analysis of the key areas where B2B payments are being modernized, the… Read More

July 28, 2025 @ 3:14 pm By Tony Zerucha  |  

Everything’s in place for Web3 minds to deliver value to every area of finance, beginning with home ownership and extending to areas like instant payments and budgeting. For John Nahas, Ava Labs’ chief business officer, it’s about time. 3 keys to the impending boom Nahas… Read More

July 28, 2025 @ 9:02 am By Omar Faridi  |  

Anchorage Digital, home to the federally chartered crypto bank, announced a partnership with Ethena Labs, the creator of USDe and USDtb, to bring USDtb to the U.S. as the stablecoin with a pathway to becoming compliant with the GENIUS Act—America’s law to regulate issuance of… Read More

July 27, 2025 @ 2:30 pm By Omar Faridi  |  

As of Q2 2025, Tether Gold (XAU₮) has solidified its position as the leading gold-backed digital token, with over 7.66 tons of physical gold backing its 246,524.330 tokens in circulation, according to a recent announcement from Tether. Each XAU₮ token is pegged 1:1 to one… Read More

July 27, 2025 @ 2:26 pm By Omar Faridi  |  

The stablecoin market has solidified its role as a growing part of the global financial ecosystem, with a surge in adoption and transaction volume in the first half of 2025. According to CertiK’s Skynet Stablecoin Spotlight Report: H1 2025, the total stablecoin supply climbed from… Read More