Tag: Stablecoins

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Russia Eyes Own Stablecoin Launch, Finance Official Confirms

Russia plans stablecoins to reduce reliance on foreign digital currencies amid Western sanctions. Tether's USDT wallet freeze on Garantex caused a $28M loss,...

Tether Invests in Fizen to Boost Stablecoin Payment Solutions

Tether makes a strategic investment in Fizen to boost stablecoin payment solutions. Fizen and Tether partner to simplify global crypto payments using QR...

Largest Bank in Brazil Eyes Stablecoin Launch

Itaú Bank Eyes Stablecoin Launch, Awaits Regulatory Approval Itaú Supports Self-Custody Stablecoins with Legal Frameworks Itaú, the largest bank in Brazil, is looking into...

Ripple Integrates RLUSD into Ripple Payments

Ripple integrates RLUSD into the payments system, fueling enterprise demand The firm enhances liquidity and flexibility for businesses with RLUSD Ripple, a leader in...

Japan’s Second-Largest Bank to Test Stablecoin Platform in 2025

SMFG partners with Ava Labs, Fireblocks for 2025 stablecoin testing. Stablecoins improve transactions, lower costs, and attract global investors. Japan’s second-largest bank, Sumitomo Mitsui...

Coinbase CEO Pushes for Interest-Bearing Stablecoins in U.S.

Armstrong pushes for stablecoin interest to benefit users. Stablecoins could offer higher returns than bank savings. Coinbase CEO Brian Armstrong wants U.S. laws to...

Binance Stops USDT Spot Trading in EEA Amid MiCA Rules

Binance has halted USDT spot trading in the EEA to comply with new EU regulations.  Stricter EU rules force exchanges like Binance to...

Fidelity to Launch Stablecoin, Expanding Crypto Presence

Story Highlights Fidelity to launch stablecoin, expanding its digital asset presence. The Trump administration supports stablecoins, pushing regulatory framework forward. Fidelity strengthens trust in...

Stablecoins to Simplify Trade Between Hong Kong and Japan

Story Highlights Hong Kong and Japan explore stablecoin trade payments. Stablecoins offer faster, cheaper alternative to banking systems. Testing begins for stablecoin transactions in...

MEXC Ventures Invests $16M in Stablecoin Innovator Ethena

Story Highlights MEXC Ventures invests $16M to boost Ethena’s stablecoin innovation. MEXC acquires $20M in USDe to drive stablecoin adoption. Zero-fee trading and high...

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...