coindesk 6 days ago

Brazilian companies turned to stablecoins on election day to dodge a currency cr...

USDT volume on crypto exchange Mercado Bitcoin jumped nearly 800% and bitcoin volume surged 865%. Binance’s USDT/BRL market triple...

coindesk 6 days ago

Robinhood taps Ripple’s $2.5 billion RLUSD stablecoin despite backing rival USDG

Robinhood helped launch a rival dollar-backed token, USDG, but will also offer Ripple's stablecoin to retail customers later this...

coindesk 6 days ago

Japan's top yen stablecoin falls short of its target in a disappointing first ye...

CEO Noritaka Okabe blamed a 1 million yen per-transaction cap for Type II funds transfer providers, which has slowed corporate ado...

blockonomi 6 days ago

Canada Draft Stablecoin Rules Cap Redemption Fees at 1% and Ban Yield

TLDR Canada published draft stablecoin rules on October 24 that require one-to-one reserves held by Canadian custodians. Holders c...

blockonomi 6 days ago

BlackRock Japan Explores Yen Stablecoin JPYSC With SBI and Startale

TLDR BlackRock signed a memorandum of understanding with SBI Holdings and Startale Group. The companies will explore linking token...

blockonomi 6 days ago

Circle Stock Falls 7% as Mizuho Flags AI Threat to USDC Stablecoin

TLDR Mizuho cut its price target on Circle to $43 from $45 and kept an Underperform rating. The bank sees a 10% to 20% medium-term...

NewsBTC 6 days ago

Circle Brings USDC and EURC Closer to the Corporate Finance Department

Circle and SAP-backed Tereina plan to embed USDC and EURC payments into enterprise workflows, beginning with SAP Cloud ERP.

NewsBTC 1 week ago

Visa’s Stablecoin Funding Moves Beyond the Pilot Stage

Visa says Inyo Global is the first enabler to bring its stablecoin-enabled Visa Direct prefunding into production for eligible cli...

coindesk 1 week ago

OCC calls on community banks to enter the stablecoin payments market

The U.S. banking regulator is encouraging smaller lenders to develop stablecoin services as new federal licensing requirements app...

coindesk 1 week ago

Canada opens consultation on draft stablecoin rules, maintains ban on yields

Under the draft rules, non-bank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and...