Tag: Stablecoin

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Bakkt jumps 17% on deeper stablecoin payments push with new acquisition deal

The firm said it has agreed to acquire Distributed Technologies Research, a blockchain-based payment infrastructure provider.

JPMorgan downplays stablecoin threat as local bankers warn of $6.6 trillion risk

The ABA sent a letter to the U.S. Senate, saying stablecoins that offer yields will affect its banking members ability to grant loans, but...

A ruble stablecoin outpaced market leaders last year despite international sanctions

A7A5, a ruble-linked stablecoin few outside Russia had heard of a year ago grew the most of any stablecoin, outpacing both USDT and USDC...

Polygon Pushes a New Payments Stack for Compliant Stablecoin Settlement Across Chains

Polygon Labs announced “Open Money Stack,” a modular payments infrastructure framework aimed at regulated stablecoin payments and modernizing cross-border money movement.What it’s designed to...

Stablecoin firm Rain boosts valuation to $1.95b in latest fundraise – DL News

Stablecoin firm Rain has just raised another $250 million.The firm now has a $1.95 billion valuation.Fintech companies focusing on stablecoins are having more success.Fintech...