A new report by Visa suggests that more than half of Americans would adopt stablecoins if they included bank-level fraud protection and deposit insurance, highlighting
Tag: Stablecoin
Tether Reports Limited Exposure Through EQIBank Amid DOJ Allegations
Stablecoin issuer Tether has confirmed limited exposure through assets held at EQIBank, following allegations by the US Department of Justice that the bank directed a
Federal Reserve Board Seeks Public Input on Stablecoin Regulatory Proposals Under GENIUS Act
The Federal Reserve Board has initiated a 60-day public comment period on two regulatory proposals aimed at governing payment stablecoin issuers under the GENIUS Act.
Tether and Fasanara Capital Commit $400 Million to New Private Credit Fund StableFund
Tether and Fasanara Capital have announced a $400 million commitment to launch StableFund, a private credit fund designed to utilise Fasanara’s global fintech lending network.
Uzbekistan Launches Pilot for Som-Pegged Stablecoin Backed by Government Securities
The government of Uzbekistan has initiated a pilot programme to test a stablecoin pegged to the national currency, the Uzbek som, with backing from government
U.S. Bank Completes Cross-Border Payment Using Proprietary Stablecoin on Stellar Blockchain
U.S. Bank has successfully executed a live cross-border payment using its proprietary USBDC stablecoin on the Stellar blockchain, marking a key milestone in its exploration
Italy’s Central Bank Mandates Sanctions Screening for Crypto Transfers to Curb Illicit Flows
Italy’s central bank has required cryptocurrency asset service providers to implement measures to enforce EU financial sanctions on crypto transfers, targeting illicit flows linked to
DWF Labs Granted VASP Approval by BVI FSC
DWF Labs, a digital asset market infrastructure provider, has secured Virtual Asset Service Provider (VASP) regulatory approval from the British Virgin Islands Financial Services Commission
Ethena Launches Global Money App Centred on USDe Synthetic Dollar
Ethena has launched Ethena Pay, a self-custodial mobile application allowing users to hold, earn rewards on, and spend its synthetic dollar stablecoin USDe. The app
US Banking Associations Launch BankChain Alliance for Blockchain Network Targeting 2027
Thirty-nine US state banking associations have formed the BankChain Alliance to develop a nationwide blockchain network for financial institutions, with a target launch date of
