Business
Finastra Partners with Circle to Enable USDC Settlements in Global Payments
Finastra is integrating Circle's USDC stablecoin into its payments hub, aiming to streamline cross-border payment processes.
Crypto
Aave Labs Introduces Horizon for Institutional Stablecoin Lending
Aave launches Horizon, allowing institutions to borrow stablecoins against tokenized real-world assets.
Finance
Chainlink Collaborates with SBI Group to Enhance Tokenized Assets and Stablecoins in Japan
Despite the significant partnership, LINK has experienced a decline of 5% within a 24-hour period in line with the broader downturn in the cryptocurrency market.
Weekly Summary
Weekly Crypto Market Digest: Market Fluctuations and Institutional Movements
This week saw significant fluctuations in the cryptocurrency market, driven by anticipation surrounding Federal Reserve announcements and notable market events. Key assets like Bitcoin and Ethereum exhibited volatility as traders navigated through profit-taking and institutional maneuvers.
Economy
Stablecoins: The Next Edge in Economic Evolution
Shan Aggarwal highlights the impending stablecoin transformation within the financial sector, emphasizing its capacity to modernize monetary interactions and its accelerating impact fueled by AI.
Crypto
Haycen Obtains License for Stablecoin Issuance in Bermuda
Haycen has successfully secured a stablecoin issuance license from the Bermuda Monetary Authority to bolster its efforts in trade financing.
Economy
U.S. Stablecoin Legislation Triggers EU's Digital Euro Strategy Reevaluation
The passage of the GENIUS Act has taken European policymakers by surprise and raised alarms about the future of digital currency in Europe.
Crypto
Major South Korean Banks to Discuss Stablecoin Collaborations with Tether and Circle
Executives from top South Korean financial institutions will meet with representatives from Tether and Circle to discuss the potential integration of stablecoins into the country's financial system.
Crypto
Projected Growth of Stablecoin Market to $1.2 Trillion by 2028 Could Impact U.S. Government Debt Yields
Analysts predict that the stablecoin sector may expand significantly, potentially influencing U.S. debt markets as market size increases almost five times.
Crypto
Bank of America Reports on the Impact of Stablecoins and Tokenization on Money Market Funds
A new report highlights how the demand for stablecoins and the tokenization of assets pose challenges for money market funds without significantly altering Treasury bill dynamics.
Crypto
MetaMask Launches mUSD, Its Own Stablecoin, in Partnership With M0 and Stripe
MetaMask's upcoming stablecoin mUSD aims to simplify digital transactions and broaden access to blockchain technology, thanks to a partnership with Stripe's Bridge and M0.
Finance
The Future of Finance: Instant Liquidity's Transformational Impact
Uniform Labs' Will Beeson highlights that the upcoming financial landscape is about more than just faster payments; it's about avoiding idle capital and redefining market structures.
Crypto
Plasma's $250 Million USDT Yield Program on Binance Closes Within an Hour
Plasma's new yield program on Binance successfully secured $250 million in deposits within just one hour, attracting substantial investor interest.
Finance
Insights from Ripple's Workshop: Four Key Custody Practices for Digital Assets
Ripple's recent workshop in Singapore highlighted essential practices for digital asset custody, aimed at enhancing compliance and operational resilience.
Crypto
Bullish Secures $1.15 Billion in IPO Proceeds Solely in Stablecoins—A Market First
Bullish's initial public offering proceeds were entirely in stablecoins, marking a significant milestone for the U.S. public markets.
Finance
Wyoming Launches the First U.S. Dollar Stablecoin Through Multiple Blockchains
Wyoming has introduced the Frontier Stable Token, marking the first fully-reserved stablecoin issued by a public entity in the U.S., set to be available on several blockchain networks.
Crypto
Japan's Financial Regulator Set to Greenlight First Yen-Based Stablecoin
The Financial Services Agency of Japan is poised to approve the inaugural yen-pegged stablecoin in the near future.
Finance
The Rise of Proprietary Blockchains: Circle and Stripe Join the Movement
Companies are increasingly launching their own blockchains to enhance transaction efficiency and control over digital asset payments.
Finance
Altcoins, Stablecoins, and Tokenized Stocks Propel Crypto Gains in July, According to Binance
The cryptocurrency market experienced a significant 13% increase in July, with altcoins, particularly Ether, making substantial gains.
Business
Circle to Sell 10 Million Class A Shares at $130 Each
The price of the shares offered by Circle is significantly higher than their initial offering price from June.
Most read in Stablecoins
