Tagged: stablecoins

May 6, 2025 @ 11:29 am By JD Alois  |  

Latin American crypto firm Bitso has posted the list of participants in its global stablecoin startup accelerator, Push. Bitso said that over 300 companies applied to participate in the accelerator, with nine being approved as the first group in the Push Stablecoin Startup Accelerator. The… Read More

May 6, 2025 @ 7:36 am By Tony Zerucha  |  

Last week, Visa used its Global Product Drop to highlight how it is using AI to improve the consumer shopping experience. “As new ways to pay emerge, they need to run on a network that is always on – that is safe, secure, scalable and… Read More

May 5, 2025 @ 2:58 pm By Tony Zerucha  |  

Rain, a global card issuing platform built for stablecoins, has joined Visa’s pilot program for stablecoin settlement. Rain has fully tokenized its credit card receivables and has transitioned all settlement transactions for its Visa cards to USDC The company provides backend infrastructure – APIs, compliance layers and… Read More

May 5, 2025 @ 7:43 am By Omar Faridi  |  

Chainalysis has unveiled Sentinel, an ecosystem monitoring solution designed to enable crypto token issuers with tools to manage compliance risks and support / participate in safer, more transparent markets. As stablecoins and tokenized assets become more widely adopted, Sentinel arrives at an important juncture, addressing… Read More

May 4, 2025 @ 9:07 pm By Omar Faridi  |  

Tether, the issuer of the world’s largest stablecoin USDT by market cap and overall transaction volume / adoption, has made strides in the first quarter of 2025, reinforcing its role in the increasingly competitive cryptocurrency market while also expanding its role into traditional finance, sustainable… Read More

May 4, 2025 @ 7:53 pm By Omar Faridi  |  

Enterprise blockchain firm Ripple, the payments Fintech behind XRP and the newly launched RLUSD stablecoin, recently tabled a $4 billion to $5 billion offer to acquire Circle, the issuer of the world’s second-largest stablecoin, USDC, according to Bloomberg. The bid, however, was swiftly rebuffed by… Read More

May 4, 2025 @ 12:10 pm By Omar Faridi  |  

Circle has announced the integration of native USD Coin (USDC) and the Cross-Chain Transfer Protocol (CCTP) V2 into World Chain, a blockchain claiming to be focused on human-centric financial ecosystems. This update aims to enhance access to the world’s largest “regulated” digital dollar while enabling… Read More

May 3, 2025 @ 11:03 am By Omar Faridi  |  

We recently connected with Alice Li, the Head of North America of Foresight Ventures, a crypto VC that bridges East and West. With a research-driven approach and offices in the US and Singapore, they claim to be a key player focused on crypto investment and incubation. During our… Read More

May 2, 2025 @ 8:25 am By JD Alois  |  

Stablecoins are poised to become payments 3.0 as the technology represents an upgrade to the existing global payments rails. In the UK, the government has just released draft legislation which is deemed to be nearly complete, designed to support privately issued digital currency. Today, the… Read More

May 1, 2025 @ 8:32 pm By Omar Faridi  |  

Circle has announced that Sonic, a so-called “high-performance” EVM Layer-1 blockchain, will transition from the Bridged USDC Standard to native USDC while integrating support for Circle’s Cross-Chain Transfer Protocol V2 (CCTP V2). This upgrade, set to commence with a bridging pause on May 6, 2025,… Read More

May 1, 2025 @ 11:00 am By Omar Faridi  |  

  Bill Zielke, Chief Revenue Officer at BitPay, the world’s provider of Bitcoin and cryptocurrency payment services, has shared key insights with CI on how stablecoins are gaining traction and how they can be leveraged to enhance operations. While stablecoins are typically affiliated with the broader… Read More

May 1, 2025 @ 7:04 am By Omar Faridi  |  

Payments processing Fintech Stripe has recently announced two significant updates that underscore its objective to advancing financial technology and enhancing user experience. The company has partnered with Visa through its newly acquired stablecoin platform, Bridge, to launch a card-issuing product, and has expanded its AI-powered… Read More

May 1, 2025 @ 2:14 am By Omar Faridi  |  

The Asia-Pacific (APAC) financial landscape in 2025 is poised for transformative shifts, driven by evolving regulatory frameworks and the rapid adoption of blockchain-based digital currencies. Citigroup’s recent reports offer critical insights into these trends, highlighting the interplay between regulatory developments and technological breakthroughs. As financial… Read More

April 30, 2025 @ 5:22 pm By JD Alois  |  

Tether, the top stablecoin issuer globally, has acquired a controlling stake in Adecoagro (NYSE:AGRO), according to a company statement. Tether purchased a 70% equity stake in Adecoagro, a Latin American company in the sustainability and agriculture sector. Adecoagro currently has a market cap of around… Read More

April 29, 2025 @ 9:45 pm By Omar Faridi  |  

In a transformative step toward bridging traditional finance and the digital economy, Mastercard (NYSE: MA) has unveiled an initiative to incorporate stablecoins into its global payments network. This move aims to make stablecoin transactions as intuitive and secure as conventional payments, enabling consumers to spend… Read More

April 29, 2025 @ 1:45 pm By Omar Faridi  |  

Circle Internet Group, Inc., a global financial technology company and stablecoin market participant, announced it has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM to operate as a money services provider. This IPA marks a significant step towards Circle securing… Read More

April 28, 2025 @ 6:08 pm By Omar Faridi  |  

Mike Cagney, Co-founder and CEO of Figure Markets, who also founded SoFi, has outlined transformative changes on the horizon for financial markets driven by upcoming stablecoin legislation and blockchain innovations. These developments, expected to take shape by the August recess, could redefine the banking system,… Read More

April 27, 2025 @ 11:12 pm By Omar Faridi  |  

Financial infrastructure Fintech Stripe, the $70 billion online payment processing firm, has announced a new stablecoin product powered by Bridge, a startup it acquired for $1.1 billion in October 2024. The initiative, shared by Stripe CEO Patrick Collison on X, marks the company’s expansion into… Read More

April 27, 2025 @ 12:38 pm By Omar Faridi  |  

Copper, a firm focused on digital asset custody, collateral management, and prime services has partnered with Circle, a global financial technology company and stablecoin market participant, to bring expanded USDC functionality to institutional clients “using Copper’s ClearLoop off-exchange settlement solution.” Their partnership with Circle allows… Read More

April 25, 2025 @ 9:39 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) and Coinbase Global, Inc. (NASDAQ: COIN) announced an expansion of their partnership to increase the adoption, distribution, and utilization of the PayPal USD (PYUSD) stablecoin. This collaboration will provide value for consumers, enterprises, and institutions as they continue to “utilize… Read More