Auto Added by WPeMatico

Tether Pulls Back on $20B Fundraising Plans After Investor Pushback (Report)

Tether has reportedly scaled back its planned multibillion-dollar fundraising target after facing resistance from investors. According to a report from the Financial Times on February 4, advisers for the stablecoin…

Continue ReadingTether Pulls Back on $20B Fundraising Plans After Investor Pushback (Report)

Crypto Cards Gain Ground in Real-World Payments, Surging from $100M to $1.5B: Report

Crypto-linked card payments have surpassed peer-to-peer (P2P) stablecoin transfers as the leading driver of on-chain stablecoin activity. A new study by blockchain analytics firm Artemis revealed that these transactions have…

Continue ReadingCrypto Cards Gain Ground in Real-World Payments, Surging from $100M to $1.5B: Report

Pakistan Partners With World Liberty Financial to Pilot USD1 Stablecoin for Cross-Border Payments

Pakistan has signed a memorandum of understanding with a firm linked to World Liberty Financial (WLF) to explore the use of its USD1 stablecoin. The agreement represents one of the…

Continue ReadingPakistan Partners With World Liberty Financial to Pilot USD1 Stablecoin for Cross-Border Payments

Stablecoins a ‘Stealth Weapon’ for US Power, Dollar Milkshake Creator Says

Brent Johnson, CEO of wealth management firm Santiago Capital and creator of the “Dollar Milkshake Theory,” says that stablecoins may end up being the “stealth weapon” that the U.S. will…

Continue ReadingStablecoins a ‘Stealth Weapon’ for US Power, Dollar Milkshake Creator Says