Revolut plans U.S. bank push with stablecoin services in focus
Revolut has announced plans to launch a U.S. bank next year, offering FDIC-insured accounts and stablecoin services as it deepens its push into American financial...
Tag : stablecoin
Russian ruble stablecoin A7A5 grows despite Western sanctions: CertiK
The Russian ruble-backed A7A5 stablecoin continued to grow despite Western sanctions, processing more than $110 billion in cumulative onchain transactions, according to CertiK. CertiK said...
Mastercard expands support to USDC, PYUSD, RLUSD stablecoin settlement
Mastercard announced its plans to expand its settlement capabilities to let issuers and acquirers settle some card transactions using regulated stablecoins. On Wednesday, Mastercard said...
Movement expands stablecoin payments push with access to US, Canada, EU rails
Movement, the Move-based blockchain network that has expanded into stablecoin payments and financial infrastructure, said it has gained access to licensed payment rails across the...
Coinbase makes a quiet bet on ProShares stablecoin reserve ETF
Coinbase has invested in ProShares’ GENIUS Money Market ETF as stablecoin issuers prepare for stricter reserve rules under the GENIUS Act. Summary Coinbase has invested...
Coinbase invests in ProShares ETF tailored for stablecoin reserve assets
Crypto exchange Coinbase has invested in ProShares’ stablecoin-focused money market fund, betting that demand for stablecoin reserve-management products will grow as the recently enacted GENIUS...
Stablecoin depeg fears push New York and EU regulators closer
New York’s financial regulator has formed a stablecoin supervision agreement with the European Banking Authority as regulators on both sides of the Atlantic tighten cooperation...
Ripple brings RLUSD stablecoin to Türkiye through three partners
Ripple has made its USD-backed stablecoin RLUSD available to institutions in Türkiye through new partnerships with BiLira, Bitexen and Bitlo. Summary Ripple launched RLUSD in...
Where SoftBank stands to benefit on Japan’s stablecoin plans
Japan’s ruling party is pushing crypto ETFs and yen stablecoins, and that could turn SoftBank from a crypto-adjacent conglomerate into a central piece of Japan’s...
BitGo CEO Warns of ‘Massive Stablecoin Crisis’ as Europe MiCA Crypto Deadline Looms
BitGo CEO Mike Belshe is warning that the Europe Union’s MiCA framework could trigger a “massive stablecoin crisis” if major crypto USD-backed issuers fail to...