Stablecoins Are Becoming Systemically Important, Bernstein Says
WEB12 hours ago · Stablecoin holders outside the U.S. use these cryptos as a store of value versus their local currency, Bernstein said, and younger people use them more, with 20% of 18-24 year olds in emerging ...
BitGo to Enter Stablecoin Market With Reward-Bearing USDS …
WEB1 day ago · The stablecoin, dubbed USDS, will be backed by short-duration Treasury bills, overnight repos, and cash, like others on the market. It will be what BitGo calls the first open-participation stablecoin.
Latest Stablecoins News
WEBJun 10, 2024 · Latest Stablecoins News | Forbes Digital Assets. Unleash the power of Stablecoins. Dive into the latest news and updates to stay informed, maximize opportunities, and drive success in the crypto...
Fintech Giant Revolut Said to Be Planning Stablecoin
WEB1 day ago · The highly lucrative stablecoin sector, dominated by Tether's USDT with a market cap of about $119 billion, has seen a growing crop of new entrants. Circle’s USDC ranks second, at about a third ...
Stablecoins Surge Amidst Regulatory Scrutiny - Forbes
WEB1 day ago · In Castle Island’s stablecoin report it found that, “In the first half of 2024, stablecoins settled (according to our adjusted estimates) over $2.6 trillion dollars worth of value.”
PayPal launches dollar-backed stablecoin, boosting shares
WEBAug 7, 2023 · Payments giant PayPal said on Monday it has launched a U.S. dollar stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers.
PayPal Launches U.S. Dollar Stablecoin - News
WEBAug 7, 2023 · PayPal USD is a fully-backed, regulated stablecoin that can be used for payments and transfers within PayPal and compatible external wallets. The press release announces the launch of PayPal USD on Aug. 7, 2023 and its features, benefits and regulatory compliance.
Singapore among world's first to agree to stablecoin crypto …
WEBAug 15, 2023 · Singapore's financial regulator MAS has set out key requirements for stablecoins, a type of digital currency that holds a constant value against a fiat currency. The rules aim to facilitate the use...
Stablecoins Are Growing, And The Visa Report Proves It - Forbes
WEBIn May 2024 a report issued by Visa Visa 0.0% and data platform Allium Labs documented that 90% of all stablecoin transactions are conducted by bots and other algorithmic processes, with only the...
US congressional committee advances stablecoin bill | Reuters
WEBJul 28, 2023 · July 27 (Reuters) - The U.S. House Financial Services committee on Thursday advanced a bill to establish a federal regulatory framework for stablecoins, a type of cryptocurrency typically pegged...
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