Banking associations in the U.S. have made a critical call to the Senate to tighten stablecoin regulations under the Clarity Act and prevent a potential deposit flight from traditional banks.
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The European Central Bank (ECB) is launching a digital euro pilot program with 36 major companies, including Deutsche Bank and Revolut, in an effort to safeguard its monetary sovereignty.
The European…
The stablecoin market has lost $10 billion in value since May, marking the largest contraction since the 2022 Terra-Luna collapse, though analysts remain optimistic about long-term growth.
Japanese retail giant Lawson has launched a pilot program to introduce payments using the yen-pegged stablecoin JPYC in its stores.
As the daily use of cryptocurrencies continues to grow, a revolutionary…
PayPal has launched the native issuance process by entering into a strategic collaboration with the Polygon network to expand the use cases and increase the adoption of its stablecoin, PYUSD.
Payments…
Recent data shared by Visa shows that Circle’s stablecoin USDC has surpassed Tether (USDT) in the transaction volume race, becoming the market's new leader.
As the balance shifts in the cryptocurrency…
Traditional finance giants have stopped debating the necessity of stablecoins and have begun focusing on how to integrate these digital assets into their existing systems.
Once viewed as a safe haven…
French banking giant Crédit Agricole has launched EURXT, a new euro-pegged stablecoin compliant with European Union crypto regulations.
The giants of the traditional finance world continue to demonstrate their interest in…
Cloudflare, one of the world's largest internet infrastructure providers, has officially opened the waitlist for its Monetization Gateway product, which will allow developers to generate revenue from their content and…
The world's largest payment giants and financial institutions have formed a massive consortium for the Open USD (OUSD) project, a new stablecoin that shares reserve income with partners.
In a revolutionary…
The halt in new capital inflows into the cryptocurrency market and the growth in stablecoin supply turning negative are weakening expectations for a Bitcoin (BTC) price rally.
While the Bitcoin price…
The Bank for International Settlements (BIS) emphasized in its latest annual report that stablecoins resemble exchange-traded funds (ETFs) rather than a means of payment and pose significant foreign exchange risks…