Tag: Stablecoin

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Paradigm Leads $9 Million Round in Latin American Stablecoin App El Dorado

Paradigm has led a roughly $9 million round in El Dorado, the stablecoin-powered payments app that has signed up more than a million users...

Trump stablecoin USD1 goes from $75 million DeFi drama to the White House lawn

The borrowing pushed the USD1 pool to 93% utilization, meaning retail depositors who had lent USD1 to the pool expecting to withdraw at will...

Fidelity’s Dollar Stablecoin Taps Curve and Uniswap as Its DeFi Liquidity Layer

The Fidelity Digital Dollar stablecoin deployed Curve Finance Stableswap LP positions and Uniswap LP positions simultaneously in a single Ethereum block Thursday evening, with...

Netomi CEO says $5 trillion AI customer experience market could boost stablecoin demand

The customer experience industry will become a $5 trillion market by 2030, according to Netomi founder and CEO Puneet Mehta, who says that growth...

Japan’s three largest banks eye joint stablecoin issue by March 2027

Three of Japan's largest banks said they will jointly issue a stablecoin this financial year, which ends in March.Mitsubishi UFJ Financial Group (MUFG), Sumitomo...

Visa and Brale Test Privacy-Enabled SBC Stablecoin Settlement on Canton Network

Visa and stablecoin issuer Brale are piloting settlement using SBC, a U.S. dollar-backed stablecoin, on Canton Network, the privacy-preserving institutional DLT, testing whether blockchain...

Movement and Zoth Target $1B Stablecoin Payments Corridor With RWA Yield Layer

Movement Network has signed a definitive agreement with Zoth to build a $1 billion cross-border payments corridor and stablecoin yield infrastructure for fintechs, neobanks...

Revolut Plans 2027 US Bank Launch With Stablecoin Services Built In From Day One

The British neobank, with 70 million customers and a $75 billion valuation, will pair FDIC-insured accounts with stablecoin access on a single platform —...

Deel Deploys Stripe’s Full Stablecoin Stack to Pay 1.5M Contractors in DLUSD

Deel is the first enterprise to combine Bridge, Privy, and Tempo in a single product, issuing a custom USD-denominated stablecoin for 1.5 million contractors...

UK Lords Warn BoE on Strict GBP Stablecoin Rules

The United Kingdom should press ahead with stablecoin regulation but avoid rules that make a pound sterling stablecoin market commercially unworkable, a House of...

Banks’ survey says people don’t want to rock the boat if stablecoin yield risks lending

U.S. banking lobbyists unveiled a survey to back up their campaign against U.S. stablecoins that return yield to their users, seeking to reinforce their...

Franklin Templeton Wires BENJI Money-Market Fund Into MoonPay Trade for Onchain Stablecoin Swaps

The $1.74 trillion asset manager is letting institutions move directly between stablecoins and shares of its tokenized US government money fund through MoonPay's new...