Augustus Raises $180 Million to Build a Stablecoin-Ready 'Global Dollar Bank'
In brief Augustus raised $180 million at a $1 billion valuation, led by Tiger Global with backing from the founders of Nubank, Ramp, Circle, and...
Tag : Dollar
Trump targets Brazil’s Pix as dollar stablecoins gain ground
The United States is preparing to impose a 25% tariff on most Brazilian imports after naming the country’s Pix instant-payment system among trade practices it...
First Known Proof 1824/1 Half Dollar Heads to Auction
A rare 1824/1 Capped Bust half dollar described as the first known proof example of the overdate is heading to sale with a conservative pre-auction...
Bolivia mulls recognizing USDT as payment currency amid dollar shortage
Bolivia is evaluating integrating Tether’s USDt into its national payments system, a move that could mark one of Latin America’s most significant stablecoin adoption initiatives...
Dollar stablecoins could improve FX access but amplify currency runs: IMF paper
Dollar stablecoins could improve access to foreign currency in economies with fixed or heavily managed exchange rates, but may also amplify currency runs when pressure...
Sony Bank Clears OCC Hurdle for Dollar Stablecoin
In brief Japan’s Sony Bank has won conditional approval from the U.S. Office of the Comptroller of the Currency to set up a national trust...
Bitcoin price returns to $60K as US dollar strength rejects weekly high
Bitcoin (BTC) rallied to $60,000 at Wednesday’s Wall Street open as stocks moved higher and US dollar strength fell. Key points: Bitcoin catches an early...
Bitcoin price risks drop below $58K as US dollar hits 40-year high against yen
Bitcoin (BTC) fell toward $58,000 around Tuesday’s Wall Street open as the clock ticked down to a brutal quarterly close. Key points: US stocks’ Q2...
Financial companies join forces for US dollar stablecoin, keeping reserve earnings
Latest NewsPublishedJun 30, 2026 The project, supported by Visa, Mastercard and many crypto companies, could be in a position to challenge Tether’s USDT and Circle’s...
Abracadabra’s MIM crisis deepens as dollar peg breaks again
Abracadabra has started emergency measures after Magic Internet Money, its dollar-pegged MIM stablecoin, slid sharply below its $1 target. Summary MIM’s 50% slide pushed Abracadabra...