Stablecoin News
Latest Stablecoin News
News
Dollar stablecoins have grown to about $300 billion in circulation, prompting a Bank of England policymaker to warn that their expansion could increase demand for US Treasurys while creating new risks during periods of heavy redemptions. Stablecoins could extend the…
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Velocity raised its Series A to $48M with a $10M extension backed by Visa Ventures, Circle Ventures, Ripple, Haun and other investors.
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Fin.com raised $20M to expand stablecoin payment infrastructure across South Asia, Africa and the Middle East, backed by Expa and Coinbase Ventures.
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The Bank of Russia has identified cryptocurrency use as a financial market risk, warning that stablecoins and other digital assets could increasingly be used by Russians as substitutes for the national currency. The central bank outlined the concerns in its…
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Thailand’s SEC has proposed a $151,000 daily cap on stablecoin transfers involving private wallets, with comments due Sept. 25.
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Katana CEO Matthew Fisher has said a dollar stablecoin planned by 21 financial institutions for the first half of 2027 could generate yield through independent DeFi protocols, although holders would assume risks not covered by its issuing banks. Katana CEO…
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MoonPay issues the token. It is backed by PYUSD. PYUSD is issued by Paxos and backed by actual dollars and Treasuries. Count the layers: there are two, and the law Congress passed last year describes one.
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Danmarks Nationalbank has warned that a sharp increase in stablecoin use could eventually affect Denmark’s payments, financial system and monetary policy transmission, despite their limited use in the country today. Danmarks Nationalbank said in a Sept. 9 analysis that stablecoins…
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Wirex has integrated Tempo as a settlement option for enterprise stablecoin cards, offering sub-second finality and stablecoin fees.
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Nu has entered the U.S. with accounts, cards and remittances while launching a stablecoin-based global account across 35 countries.
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Uniswap has launched StablePair Hook, using dynamic fees and Dutch auctions to help stablecoin liquidity providers retain trading value.
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Coinbase and Moov will connect over 1,000 community banks and credit unions with stablecoin payments, custody, settlement and funding.
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MoneyGram has launched a Visa stablecoin card in Colombia, connecting Stellar, Rain and Crossmint infrastructure with its remittance network.
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PayPal, M0, and MoonPay have publicly launched PYUSDx after three products processed about $100 million through the business stablecoin platform. M0 CEO and co-founder Luca Prosperi told crypto.news that PYUSDx gives businesses control over token rules, revenue, and administration that…
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PayPal, M0 and MoonPay launched PYUSDx, enabling customized PYUSD-backed stablecoins as its first three projects report over $100 million.
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U.S. Bank completed a live USBDC payment on Stellar, testing cross-border settlement, minting, redemption, freezing and clawbacks.