Tag: Stablecoin

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Hong Kong to Approve First Stablecoin Licenses for Banks

HSBC Holdings and a joint venture led by Standard Chartered are reportedly set to become the first authorized stablecoin issuers in Hong Kong.The Hong...

Lido launches stablecoin yield product to expand beyond ether

Lido, the largest liquid staking protocol on Ethereum, is expanding beyond ether (ETH) with the launch of a new product designed for stablecoin holders.The...

Circle (CRCL) outpaces crypto stocks as stablecoin thesis gains momentum: William Blair

Circle (CRCL) has recently outperformed other crypto-linked equities, a move investment bank William Blair said reflects more than shifting macro conditions.“It is tempting to...

Tether Backs Ark Labs’ $5.2 Million Bet on Bitcoin’s Stablecoin Revival

In brief Ark Labs secured backing from Tether and Anchorage Digital. The firm plans to advance stablecoins and real-world assets on its Bitcoin layer. The technology processes...

XP’s Clear Launches USDXP Stablecoin for Brokerage Clients

Clear launched USDXP, a proprietary stablecoin backed 1:1 by the U.S. dollar, for clients of its brokerage platform in Brazil.USDXP runs on Rayls, the...

Coinbase CPO Lists 5 Critical Errors US Congress Should Avoid In Stablecoin Regulation

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After the country’s first stablecoin bill (the GENIUS Act) passed last year,...

Sonic Launches USSD Stablecoin With Institutional-Grade Backing

Sonic has introduced USSD, a network-native dollar stablecoin designed to serve as the primary liquidity layer across its ecosystem. Built using Frax infrastructure and...

Stablecoin Fintech KAST Raises $80M Series A to Build Global Digital Dollar Payments Platform

Stablecoin-powered fintech platform KAST has secured $80 million in Series A funding as investors place fresh bets on digital-dollar infrastructure designed to move money...

Crypto shouldn’t “die on the hill” of stablecoin yield, Rick Edelman says

Latest developments: Edelman told CoinDesk's Jennifer Sanasie on Markets Outlook that the dispute over whether stablecoins can offer yield is threatening progress on market...

Circle (CRCL) may rally another 60% driven by stablecoin adoption, AI agentic finance: Bernstein

Shares of Circle (CRCL), the crypto firm behind the USDC (USDC) stablecoin, could add to their recent remarkable surge, according to analysts at brokerage...

Senators try to unlock stalled crypto Clarity Act with compromise on stablecoin yield

The U.S. banking industry had effectively lobbied to halt the crypto industry's market structure bill, the Digital Asset Market Clarity Act, over a dispute...

Why banks are moving beyond single-provider stablecoin payment rails

Latest developments: Infrastructure providers are increasingly building network-based stablecoin payment systems instead of single-provider rails, said Borderless CEO, Kevin Lehtiniitty, in an interview on...