In 2019, Meta initiated a high-profile cryptocurrency project aiming to develop a digital currency that could function across its platforms, including Facebook and WhatsApp. Despite the ambitious vision, the project was halted due to substantial regulatory pushback. However, recent developments…
Will Visa launch stablecoin payments in Latin America?
Visa is expanding its presence in the digital payments space with a new product designed to enable stablecoin payments across six countries in Latin America. This move, made in collaboration with Bridge, a Stripe-owned company, illustrates a growing interest in…
Stablecoins Will Be the Most Important Topic in the Next 12 Months, says Eric Golden of Canopy Capital
Eric Golden, from Canopy Capital, highlighted the growing importance of stablecoins. In the next year, he expects stablecoins to be an important topic in crypto. During an interview, Golden discussed how Bitcoin surged from $16,000 to $67,000, driven largely by…
Visa launches platform for banks to issue stablecoins
Visa Inc. continues to lead the digital payments space with the introduction of its Visa Tokenized Asset Platform (VTAP). As banks and financial institutions explore the benefits of blockchain technology, Visa’s platform offers a streamlined solution for issuing fiat-backed tokens,…
Robinhood Revolut Consider Entering $170 Billion Stablecoin Market
In recent years, the digital asset sector has witnessed exponential growth, driven largely by stablecoins such as USDT and USDC. Companies like Robinhood Markets Inc. and Revolut Ltd. have started evaluating the potential of launching their own stablecoins, aiming to…
TrueX launched by Coinbase alum as a stablecoin crypto exchange
The cryptocurrency market has experienced immense changes since the collapse of FTX in late 2022, and with the rise of decentralized applications and public exchanges, new players are continuously emerging. One such platform is TrueX, a digital asset exchange that…
AUSD Stablecoin Launches on Sui Enhancing Liquidity and DeFi
AUSD has emerged as a key player in the decentralized finance (DeFi) ecosystem, consistently proving its utility and flexibility across multiple blockchain networks. As the stablecoin expands into new networks, its presence on Sui introduces a significant opportunity for both…
Hong Kong Stablecoin Regulation Boosts Digital Asset Hub
Hong Kong vibrant financial ecosystem is undergoing a transformative shift, as the city embraces the potential of stablecoins to drive the next wave of digital asset innovation. With the introduction of a comprehensive licensing regime for stablecoin issuers, the city…
SEC Stablecoin Probe Ends Marking Major Win for Crypto
As the crypto industry evolves, the quest for regulatory clarity regarding SEC stablecoin remains paramount. A recent decision by the Securities and Exchange Commission (SEC) to end its investigation into New York stablecoin issuer Paxos suggests that stablecoins, typically pegged…
PayPal Expands Stablecoin PYUSD to Solana Blockchain
PayPal Holdings Inc., continues to innovate within the financial sector. Recently, the company expanded its stablecoin, PayPal USD (PYUSD), to the Solana blockchain. This move marks a significant step in the evolution of digital payments, as PayPal seeks to leverage…
StilachiRAT Malware affects crypto wallets via Chrome add-ons – Microsoft
A newly uncovered remote access trojan (RAT) named StilachiRAT is posing a serious threat to cryptocurrency users by targeting their browser-based wallets and saved login credentials. Discovered by Microsoft Incident Response and detailed in a report published on March 17,…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
