PayPal, M0, and MoonPay have publicly launched PYUSDx after three products processed about $100 million through the business stablecoin platform. Summary PYUSDx lets businesses issue programmable toke...
Local-currency stablecoin launches have increased demand for 24/7 foreign exchange liquidity as more than 70% of conversions into dollar stablecoins begin in another currency. Summary TransFi CEO Raj ...
A planned dollar stablecoin backed by 21 global financial institutions will begin with regulatory resources, corporate relationships, and international payment connections. Four industry executives to...
The Wall Street Journal reports that JPMorgan Chase is exploring a public stablecoin separate from its existing JPM Coin deposit token while 39 state banking associations form the BankChain Alliance a...
Cumulative stablecoin card spending has surpassed $10.9 billion, according to Paymentscan data cited by payment provider RedotPay on Aug. 25. Summary Paymentscan data cited by RedotPay placed cumulati...
Stablecoin compliance could determine which issuers win institutional adoption as new US accounting and regulatory rules raise standards for redemption, reserves and risk controls, according to Aquano...
The British government said on Aug. 27 that it plans to give the Bank of England a new statutory objective supporting innovation in payment systems, stablecoins and other forms of digital money. Summa...
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Bitcoin.com has partnered with Universal Digital Intl. Limited to add UAE-regulated USDU to its self-custodial wallet, giving users access to a dollar-backed stablecoin with monthly reserve attestatio...
Interlace has opened an office in Brazil and assembled a local team as the stablecoin infrastructure company expands its payment and digital asset operations across Latin America. Summary Interlace ha...