Stablecoin
Latest news, explainers and analysis on Stablecoin. Tracking 8 stories on Arth Vani.
Connected in the graph
Latest on Stablecoin
Visa Joins Singapore Central Bank Pilot to Integrate Stablecoin Payments
Global payments major Visa has partnered with the Monetary Authority of Singapore (MAS) on a pilot project aimed at connecting traditional payment systems with stablecoin networks. This initiative seeks to explore how digital currencies like stablecoins can be integrated for more efficient settlements and transactions in the future.
Trump Family-Backed Firm World Liberty Gets US Approval to Issue Stablecoins
World Liberty Trust Company, a firm backed by the Trump family, has received conditional approval from the US Office of the Comptroller of the Currency (OCC) for a national trust bank charter. This significant regulatory step will allow the company to issue stablecoins, bringing a crypto entity under traditional banking oversight in the United States.
MoonPay Launches Stablecoin Platform for Businesses Globally
Crypto firm MoonPay has introduced a new platform designed to help businesses integrate stablecoins for various financial operations. This infrastructure suite aims to simplify how companies use digital currencies pegged to traditional assets like the US Dollar, potentially improving global payments and treasury management.
New LaunchBreakingWestern Union Launches Stablecard: Stablecoin-Backed Visa Card for Global US Dollar Use
Western Union has introduced 'Stablecard,' a new digital wallet and Visa secured credit card. This offering allows users to hold, move, and spend US dollar value internationally, backed by stablecoins.
WisdomTree Exec: SEC Allowed Money Market Fund to Trade Like a Stablecoin
Will Peck from global investment firm WisdomTree stated that the US Securities and Exchange Commission (SEC) has permitted a money market fund to function similarly to a stablecoin. This comment highlights a potential convergence between traditional finance and the evolving cryptocurrency space, signaling innovation in stable investment products.
Circle Acquires Nearly 1,000 IBM Blockchain Patents to Enhance Stablecoin Tech
Stablecoin issuer Circle Internet Finance has announced the acquisition of close to 1,000 blockchain-related patents from tech giant IBM. This strategic move aims to bolster Circle's technological foundation and competitive edge in the evolving digital currency landscape, particularly for its USDC stablecoin.
Ripple's Stablecoin Faces Challenges, XRP Value Declines
Ripple's planned stablecoin launch is encountering hurdles, with its value reportedly diminishing on a popular blockchain. This development has coincided with a notable drop in the price of XRP, the cryptocurrency associated with Ripple.
BreakingStablecoin Premium in India Soars Above 8.5% Amid Regulatory Clampdown
Indian users are facing a significant surge in the price of stablecoins like USDT, with premiums now exceeding 8.5%. This increase follows actions by the Enforcement Directorate against entities facilitating crypto transfers, disrupting a key remittance channel for NRIs and highlighting the urgent need for clearer crypto regulations.
Crypto assets / VDAs are unregulated in India and highly volatile — you may lose your entire capital, and gains are taxed. Some listings may be sponsored. Not investment advice.