Tag: Stablecoins

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Stripe Acquires Stablecoin Platform Bridge for $1.1 Billion

Stripe acquires Bridge for $1.1 billion, expanding its crypto payments capabilities and boosting stablecoin adoption across businesses globally. Stripe has made its largest acquisition to...

SCB Launches First Stablecoin Cross-Border Payment in Thailand

SCB launches Thailand’s first stablecoin-based cross-border payment service, improving efficiency, lowering costs, and enhancing remittances globally. Siam Commercial Bank (SCB), Thailand's fourth-largest and oldest bank,...

Bitso, Mercado Bitcoin, and Foxbit Launch BRL1 Real-Pegged Stablecoin in Brazil

Three major players in Brazil’s cryptocurrency market—Bitso, Mercado Bitcoin, and Foxbit—have teamed up to launch BRL1, a stablecoin pegged to the Brazilian real. This...

Tether May Become the Second-Largest Cryptocurrency Soon

Will stable currencies ultimately take over bitcoin? According to a new report, the controversial stable coin known as Tether is slated to become the...

Randal Quarles: We Don’t Understand Enough About Crypto and Stable Coins

Randal Quarles – the chair of the Financial Stability Board and U.S. Federal Reserve governor – believes that nobody is taking bitcoin and other...

Japanese Financial Group Set to Build Its Own Form of Crypto

Mizuho Financial Group in Japan is allegedly planning to release its own form of crypto in 2019. The coin will be paired with the...

BitGo Rolls out Custodial Support for the Top Stablecoins

Custodial services for cryptocurrencies are in high demand. BitGo, a global leading security firm, is in the process of supporting additional tokens. Their list...

CoinJar Co-Founder Says Stablecoins Are the “Craze Right Now”

The co-founder of a Melbourne-based Bitcoin exchange has said that stablecoins are the "craze right now," with money and expertise moving toward it. Rising Interest...

Nexo Entices Non-USDT Stablecoin Holders to Provide Loan Liquidity

The cryptocurrency world has seen an influx of stablecoins. While their initial purpose is to provide a stable asset value, Nexo sees merit in...

Huobi Simplifies Stablecoin Management With HUSD Program

Cryptocurrency exchange Huobi has launched the HUSD program that will make it easy for customers to trade against different stablecoins and manage their portfolio. ...

Circle Stablecoin USD Coin (USDC) Marketcap Shows 85% Growth

The stablecoin from Goldman Sachs-backed cryptocurrency firm Circle has clocked some impressive growth numbers since its launch three weeks ago. Growth Metrics Circle, the Goldman...

GMO Internet to Launch Yen-Pegged Cryptocurrency Stablecoin in 2019

GMO Internet recently revealed plans to launch a Yen-pegged cryptocurrency stablecoin next year. This move marks another chapter in the company’s drive to expand...