Stablecoins News
BlockFi asks court for permission to convert trade-only assets into stablecoins
Defunct crypto lending firm BlockFi applied to the court a request to transfer the trade-only assets from its users’ accounts into sta...
Bankrupt BlockFi proposes client asset conversion into stablecoins for trade-only wallets
Cryptocurrency lender BlockFi has filed a proposed court order seeking approval to convert certain client assets into withdrawable funds as ...
Stablecoin settlements were on par with payments giant Visa during 2022
Stablecoins are making significant waves in the payments sphere, primarily as a vehicle for non-speculative transactions, according to a new...
ClearBank Explores the Integration of Digital Assets and Banking in Recent Guide
ClearBank, a pioneering financial institution in the fintech space, has recently published a comprehensive guide on the evolving landscape o...
Stablecoin volume outpaces Mastercard, PayPal as digital payments wars loom
Fiat-backed stablecoins have eclipsed Mastercard and PayPal in moving more value across their networks in 2022, according to a Bloomberg Int...
Onchain Fiat
Onchain fiat is a first-of-its-kind, fully authorized and regulated subset of stablecoins that allows for seamless transitions between tradi...
State Bank of Pakistan acknowledges XRP’s potential. Details inside…
The State Bank of Pakistan reflects on the evolving regulatory attitudes toward cryptocurrency integration. While embracing innovation, the ...
Circle revamps its relationship with Coinbase; will USDC’s marketcap grow?
USDC prospects improve as Coinbase and Circle cement their business partnership. Analyzing the benefits that USDC could leverage from the up...
Coinbase Acquires a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains
Coinbase is acquiring a minority stake in Circle Internet Financial. Their Centre Consortium, which governed the USDC stablecoin, is being d...
Ushering in the next chapter for USDC
TL;DR: USDC is launching on 6 new blockchains; Coinbase is increasing its support for stablecoins with an investment in Circle; Circle will ...
PayPal’s new PYUSD stablecoin faces legal headwinds and ‘less functionality’
Although a clear regulatory framework for digital assets has yet to be established in the United States, PayPal — one of America’s large...
How can stablecoins transform SMEs in developing economies?
Small businesses in developing countries face many financial challenges that stablecoins can address. DLTPAY, a Web3 payment and DeFi platfo...