Tag: Stablecoins

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Binance Stablecoin Reserves Reach New All-Time High

Story Highlights Binance stablecoin reserves reached a record $31.3 billion. Reserves dropped in 2022-2023 but started rising again in mid-2023. Investors are adding funds,...

Brazil Sees Crypto Boom, with 90% Flow in Stablecoins

Brazil sees a surge in stablecoins transactions, raising regulatory concerns. Officials explore Pix expansion and Drex's role in digital finance evolution. Brazil is experiencing a...

Thailand TIDC Appoints Advisors to Boost Digital Economy

Thailand hires blockchain expertise to boost its digital finance strategy. The country is establishing a token platform and considering a bond-backed stablecoin. This development...

ECB Pushes for Digital Euro to Counter Trump Stablecoins Expansion

ECB pushes for digital euro as Trump backs stablecoins, highlighting risks to traditional banks and evolving global financial systems. European Central Bank (ECB) board member...

Taiwan to Propose Law Allowing Banks to Issue Stablecoins by June 2025

Taiwan plans to propose a law by June 2025 allowing banks to issue stablecoins, enhancing virtual asset trading with TWD. The Taiwan government plans to...

WSPN Appoints Jeff Wong as Independent Director

WSPN appoints Jeff Wong as Independent Director to drive innovation and expand stablecoin utility through strategic partnerships. Worldwide Stablecoin Payment Network (WSPN) recently appointed Jeff...

Coinbase Report Reveals Stablecoins to Drive Future of Global Payments

Coinbase report highlights stablecoins' growth, predicting $3 trillion market cap, driving faster, cheaper global payments beyond trading. Coinbase recently released its crypto market outlook for...

Thaksin Urges Thailand to Embrace Bitcoin and Stablecoins

Thaksin urges Thailand to adopt Bitcoin and stablecoins, improve economy, reduce public debt, and defend 15% VAT proposal. Thaksin Shinawatra, the former prime minister of...

Paxos Acquires Membrane Finance to Expand European Presence

Paxos acquires Membrane Finance to expand its European presence, ensuring compliance with EU regulations and boosting stablecoin adoption. Paxos, a leading blockchain infrastructure provider, has...

Quantoz Unveils MiCA-Compliant Stablecoins USDQ and EURQ

Quantoz introduces USDQ and EURQ stablecoins that comply with MiCA. Tether and Kraken back stablecoins and provide secure payments. Quantoz Payments, a Dutch fintech...

RBI Chief Warns Stablecoins Endanger India’s Monetary Sovereignty

RBI Governor Das has criticized stablecoins for undermining local currency sovereignty. He promotes CBDCs as the secure future of digital payments in India. During...

Fireblocks Announces $1 Million Grant Program for PayPal USD Adoption

Fireblocks announces a $1 million grant program with Paxos to boost PayPal USD adoption and encourage innovative blockchain product development. Fireblocks has announced a $1...