Israel approves BILS shekel stablecoin after Solana pilot
Israeli regulators have approved the launch of BILS, a shekel-pegged stablecoin issued by local virtual exchange Bits of Gold. Summary BILS became one of Israel’s...
Tag : stablecoin
Israeli regulators approve shekel-pegged stablecoin
Israel’s Capital Market, Insurance and Savings Authority has greenlit the launch of a shekel-pegged stablecoin by the virtual exchange exchange Bits of Gold. In a...
dLocal Stablecoin Solution Gives Merchants a Single Payment Rail Across 44 Emerging Markets
dLocal (NASDAQ: DLO) has launched Stablecoin Full, a stablecoin payments solution that enables merchants to collect, convert, and pay out funds in stablecoins across more...
MiCA-licensed Banking Circle joins bank stablecoin settlement race in Europe
Banking Circle’s stablecoin settlement launch follows its CASP approval, entering a crowded market with SocGen, Sygnum and a 12-bank euro stablecoin consortium. Luxembourg-based Banking Circle...
Western Union to Launch Solana-Based Stablecoin Plus ‘Stable Card’ Next Month
In brief Western Union’s USDPT stablecoin is expected to launch next month, the financial services firm said on its Q1 earnings call. USDPT will be...
Western Union eyes May for its stablecoin USDPT rollout
Western Union CEO Devin McGranahan said the company will focus on expanding adoption and embedding digital assets into its core money movement platform going forward....
DoorDash Is Now Paying Drivers and Merchants Using Stablecoin Rails in Over 40 Countries
DoorDash has begun building stablecoin payment infrastructure on Tempo, the Layer-1 blockchain incubated by Stripe and Paradigm, to pay delivery workers and merchants across more...
Morgan Stanley Quietly Launches Its First Fund Built Specifically for Stablecoin Issuers
Morgan Stanley Investment Management launched the Stablecoin Reserves Portfolio on April 23, a government money market fund exclusively designed to hold the cash reserves backing...
US Banks Are Calling Senators Directly to Kill the CLARITY Act’s Stablecoin Yield Rule
US banking groups have escalated their campaign against the CLARITY Act by calling Senate offices directly, with the North Carolina Bankers Association confirmed on April...
Morgan Stanley Targets BlackRock With Money Market Fund for Stablecoin Issuers
In brief Morgan Stanley is positioning itself as a firm that can help stablecoin issuers manage reserves with a money market fund. The product was...