Stripe In Talks To Buy Stablecoin Startup Bridge For $1 Billion
3 days ago · Months after cofounder John Collison declared "crypto is back," fintech unicorn Stripe is in talks to acquire startup Bridge, a provider of infrastructure for crypto stablecoins, five sources ...
Stablecoins can benefit financial system, Fed governor says
2 days ago · According to Chainalysis, the market share of stablecoin transactions on US-regulated exchanges dropped below 40% in 2024. Comparatively, the share of stablecoin transactions via offshore ...
Binance Research: Global Stablecoin Regulation Overview
5 days ago · AI Summary. Stablecoin regulation is evolving rapidly, with jurisdictions focusing on fiat-backed tokens and global coordination to foster trust and stability in the growing stablecoin ecosystem. According to the latest report from Binance Research: Stablecoins are becoming a pivotal aspect of blockchain technology, with their regulation ...
Stablecoins Are Growing, And The Visa Report Proves It - Forbes
In 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...
Number of Stablecoin Holders Nears 100M Mark, Data Show - CoinDesk
Apr 24, 2024 · Stablecoin use cases A 2022 report by the Federal Reserve said stablecoins could be used for several purposes, including cross-border payments, internal fund transfers, and liquidity management...
PayPal launches PYUSD stablecoin backed by the US dollar
Aug 7, 2023 · PayPal has launched a stablecoin called PayPal USD, starting today and “rolling out in the coming weeks.” The new stablecoin can be used for purchases and person-to-person payments.
Stablecoin Market Starts Expanding as Tether [USDT] Hits All ... - CoinDesk
Dec 5, 2023 · Stablecoin market cap expanded for the first time since May 2022, with Tether's USDT being the main beneficiary, rising to an all-time high supply of nearly $90 billion.
Stablecoin Market to Soar to Almost $3T in Next 5 Years ... - CoinDesk
Aug 9, 2023 · Just this week, payments giant PayPal (PYPL) said it is entering the crypto market with its own dollar-pegged stablecoin, PayPal USD (PYUSD). This is a first for a major financial company.
Stablecoin Tether's reserves hit record $86.5 billion in second …
LONDON, July 31 (Reuters) - The world's largest stablecoin, Tether, said on Monday its assets rose 5.7% to $86.5 billion in the second quarter of 2023, while it made more than $1 billion...
US congressional committee advances stablecoin bill | Reuters
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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