Tag: Stablecoin

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PayPal Expands PYUSD Stablecoin To 68 New Countries

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure PayPal has expanded access to its stablecoin PayPal USD (PYUSD) to 70...

PayPal (PYPL) expands PYUSD stablecoin to 70 markets

PayPal (PYPL) said it is expanding access to its dollar-backed stablecoin, PYUSD$1.0009, to users in 70 markets, extending the token’s reach beyond the U.S....

Mastercard to acquire BVNK for $1.8 billion to expand stablecoin payments push

Mastercard agreed to buy BVNK, a stablecoin infrastructure company, for as much as $1.8 billion as it looks to bolster its use of the...

FATF shifts stablecoin oversight to secondary markets, expands monitoring beyond on- and off-ramps: Financial Action Task Force

The FATF's latest report pivots regulatory focus from deposit/withdrawal monitoring to tracking peer-to-peer transactions across personal wallets, with issuers now expected to freeze illicit...

Why this boring stablecoin is suddenly the hottest trade in crypto

Shares of stablecoin issuer Circle (CRCL) have surged more than 100% over the past month, turning what many investors once viewed as one of...

US Stablecoin Yield Ban May See Others Step Up: Ledger Exec

A block on stablecoin yield payments in the US will likely prompt other countries to step up and offer the option, according to Takatoshi...

Stablecoin Regulatory Uncertainty Could Put Banks at a Disadvantage: Expert

Regulatory uncertainty around stablecoins could place traditional banks at a greater disadvantage than crypto companies, according to Colin Butler, executive vice president of capital...

Stablecoin Economy Crosses $315B as Circle’s USYC Leads Weekly Gains

Over the past seven days, the stablecoin economy padded its coffers with another $2.983 billion, gliding past the $315 billion threshold this week. Among...

Brazil industry giants representing 850 companies decry stablecoin tax threat

Brazil’s leading cryptocurrency and fintech industry groups have warned that expanding a financial transaction tax to stablecoin operations could harm innovation and violate existing...

Billionaire Investor Stanley Druckenmiller Bullish on Stablecoin Growth

In brief Billionaire investor Stanley Druckenmiller is bullish on the future of stablecoins. The former hedge fund manager believes stablecoins will underpin the entire financial...

How Iran war will boost stablecoin startups’ investment efforts – DL News

Investors are taking a second look at opportunities due to the escalating war in the Middle East.Some sectors are expected to profit from the...