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At a Morgan Stanley event in New York, Bank of America CEO Brian Moynihan revealed that the banking heavyweight is “working with the industry” on launching a stablecoin. Bank of…
Stablecoin-focused fintech Noah has raised $22 million in seed funding to advance its API platform for seamless, real-time cross-border crypto payments. Adyen Veteran Joins Stablecoin Startup Noah as $22 Million…
The UK Financial Conduct Authority (FCA) has appointed Sarah Pritchard as its new Deputy Chief Executive, a role created to reflect the organization’s expanding responsibilities, including the integration of the…
Societe Generale Group’s crypto asset-focused subsidiary is set to launch a new stablecoin called USD Coinvertible (USDCV) on Ethereum and Solana. 24/7 Conversion Offered for Fiat, Stablecoins Societe Generale-FORGE (SG-FORGE),…
The SBI Group has announced a significant investment in Circle, with its subsidiaries SBI Holdings and SBI Shinsei Bank each contributing $25 million, totaling $50 million. Circle Stock ‘Too Hot’…
Chainlink’s blockchain protocol facilitated a simulated exchange between Hong Kong’s prototype central bank digital currency (CBDC) and an Australian dollar stablecoin in Phase 2 of the e-HKD+ Pilot Programme. Chainlink…
The stablecoin sector has officially vaulted beyond the $250 billion milestone, according to data from defillama.com. Over the past week alone, an additional $2.51 billion has poured into the swelling…
Tether CEO Paolo Ardoino responded positively to an analyst’s $515 billion valuation of the stablecoin issuer, calling it “a beautiful number,” but ruled out the company going public. Ardoino: Valuation…
Experts view Circle’s initial public offering as a sign of the growing maturity and credibility of the crypto industry. Blackrock’s acquisition of a 10% stake in Circle is seen as…
The stablecoin sector expanded by a full percentage point this past week, growing by $2.558 billion in total. Of that figure, a hefty $1.45 billion came directly from Tether’s USDT,…