The US Senate has approved a bill that sets clear rules for the use and issuance of stablecoin, marking a step toward defining its role in the financial system. The legislation passed with a 68–30 vote, showing support across both…
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…